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Cablevision Of Connecticut Corporation company history timeline

1976

Norman Jemal, aided by his four sons, started Nobody Beats the Wiz when he opened a store in 1976 on Fulton Street in downtown Brooklyn.

1979

The original proposal by Cablevision, in August 1979, called for a basic monthly service charge of $4.50, which is about half the going rate.

1980

By 1980, at about the time the cable industry began receiving significant nationwide attention, Cablevision had 155,000 customers and $14 million of cash flow.

Formation of Rainbow: 1980

1982

But after the decision, Robert Knickerbocker, a lawyer representing Cablevision, was congratulated by an attorney for another applicant, who said, ''Congratulations, for now.'' Service Would Start in 1982

1983

In 1983 Cablevision began offering the Newsday Channel, a 24-hour news and information channel produced in conjunction with the New York newspaper Newsday.

1984

In 1984 Cablevision moved aggressively to win a cable franchise in Boston.

1986

By 1986 Nobody Beats the Wiz had 11 stores and was doing an estimated $200 million in annual sales.

1987

In 1987 Cablevision bought Adams-Russell Co., a cable TV company based in Waltham, Massachusetts.

1988

In 1988 Gulf & Western outbid Cablevision for the rights to Yankees games.

1989

Cablevision settled with Gulf & Western in 1989, agreeing to offer the Madison Square Garden Network as an option in its service package, priced and promoted equally to its own Sports Channel.

1990

In February 1990 Cablevision announced it would invest $1 billion with three other media companies in Sky Cable, a direct-broadcast satellite service that was to offer up to 108 channels.

1991

In 1991 the Cablevision and NBC partnership agreed to start a sports-news cable channel.

1992

They also agreed to offer the first pay-per-view Olympics coverage of the 1992 Summer Games in Barcelona.

1993

Also in 1993 Cablevision paid about $170 million to gain full control of American Movie Classics, which had been 50 percent owned by Liberty Media.

Little is known of the reclusive founder or the early years of his business; indeed, the Wiz introduced a Founder's Day sale in 1993 without ever mentioning his name.

1994

In 1994 Nobody Beats the Wiz began selling personal computers and allied products in order to counter competitors such as Computer City and CompUSA, who were entering the New York market.

1995

Meanwhile, Cablevision bolstered its presence in the New York sports scene through the early 1995 joint purchase, with ITT Corp., of Madison Square Garden from Viacom Inc. for about $1 billion.

1996

Overexpansion Leads to Bankruptcy: 1996-97

Nobody Beats the Wiz kept up with the times by introducing Internet access at its New Jersey stores in 1996 and adding custom-built personal computers to its line of products the following year.

1997

In December 1997 Cablevision merged its regional sports channels into Fox Sports Net, gaining a 50 percent stake in a new national sports network, which was launched in partnership with News Corp.'s Fox Sports and TCI's Liberty Media.

The company filed for Chapter 11 bankruptcy protection in December 1997, closed 17 of its roughly 50 remaining stores, and received court permission to draw on a $150 million line of credit in order to pay $132 million worth of debt.

1998

A former company executive who apparently chose to remain anonymous despite having nothing bad to impart, told James T. Madore of Newsday in 1998, 'They are good people to work for because they treat you like family.

Cablevision to the Rescue: 1998-99

The Wiz chain consisted, at the end of 1998, of a warehouse and 40 retail stores.

1999

Three new 'concept' stores designed to better market Cablevision goods and services were due to open in the near future; one of the three, a 25,000-square-foot outlet in Bay Shore, Long Island, was scheduled for completion in November 1999.

2015

West Hartford high school play revisits controversy of altering school’s Native American-themed mascot In a year when cultural sensitivity in sports team names is news across the country, West Hartford’s 2015 debate over its high schools’ mascots will be in the spotlight again.

2020

Hartford Magazine 2020 'Best Of’ readers poll to be published in October

2021

Biden says US, South Korea ‘deeply concerned’ about situation with North Korea, announces new special envoy May 21, 2021

AP’s firing of journalist following tweets prompts outcry May 21, 2021

Opinion: Keeping birth parents’ identities secret doesn’t just hurt the adopted; it hurts those who gave up their children May 16, 2021

Blue Back Square in West Hartford sold to company that manages Evergreen Walk May 21, 2021

New low-cost air carrier Breeze Airways will offer four new routes from Bradley International Airport; Sun Country to add passenger service May 21, 2021

Want unemployment benefits? Starting May 30, jobless workers must actively search for employment to get a check May 20, 2021

Employment growth in Connecticut is sluggish, but these six industries are adding jobs May 20, 2021

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Founded
1975
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Headquarters
Bethpage, NY
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