Mark your calendar for Mediaweek, October 29-30 in New York City. We’ll unpack the biggest shifts shaping the future of media—from tv to retail media to tech—and how marketers can prep to stay ahead. Register with early-bird rates before sale ends!
The sudden resignation this week of Cablevision chief operating officer Tom Rutledge has taken a big bite out of the cable operator’s wallet.
Shares of Cablevision on Friday morning plummeted 16 percent as investors pondered a future without Rutledge, a seasoned veteran who many observers believe is the most savvy executive in the cable business.
In early trading, Cablevision shares dropped $2.18 to $11.75. Ninety minutes before the closing bell was set to ring, the stock remained down 9 percent to $12.75.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in