The NY Post Reports: In a rare blow for Cablevision patriarch Chuck Dolan, the company announced last night that it had entered a deal to sell its Voom satellite business to Charlie Ergen’s EchoStar for $200 million.
Voom — part of Cablevision’s Rainbow Media unit — had been Dolan’s pet project, but twice in recent months he was dissed by the board of directors and his own son, CEO Jimmy Dolan, after he sought to continue funding the venture.
Talk about spaced out? This didn’t take long at all. Several very nervous insiders were quietly starting to send their resumes around yesterday. Said one, “I don’t think I’ll wait for the next memo.” 
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.