Cablevision Systems Corporation

Cablevision Systems to take over Bresnan Communications

Bresnan Communications which ahs been in the cable television industry since 1984 was founded by William J. Bresnan of Minnesota.

Bresnan Communications Co. is to be bought over by the Cablevision Systems Corp. for a reported $1.36 billion. Cablevision which is the United States 5th largest cable operator faced strick competition from the likes of BC Partners Ltd, Ascent Media Corp., TPG Capital and Suddenlink Communications .

Cablevision Ups HD Channel Offerings

Cablevision Systems Corporation, the fifth biggest cable provider in the USA, will add 15 new high-definition (HD) channels by the end of this month to combat the rising competition from Verizon Communications Inc and satellite TV providers.

The New York-based cable television company said that after addition of 15 free HD channels, subscribers will have access to 60 channels.