If Malone ever purchased Rainbow Media, assuming Cablevision spins it off seperately, Malone would probably cease VOOM operations but as mentioned earlier would want Rainbow for AMC, Sundance, IFC & We TV. The first three channels are worth over $500 million each. At least according to articles I read yesterday on Cablevision's board authorizing the Dolans to increase sharholder value with a dividend and/or sale of assets. Also WSJ said Rupert Murdoch expressed interest in some of the channels, for those with a subscription:
"The company, based in Bethpage, N.Y., has a market value of about $8.3 billion, and it's likely to try to spin out the content assets, which could raise as much as $5 billion, said Thomas Eagan, an analyst at Collins Stewart. He estimates Madison Square Garden could bring $1.2 billion, AMC $1.5 billion and IFC $500 million. The company recently paid $500 million for the Sundance Channel, which could also be sold...
...On Tuesday, News Corp. Chairman Rupert Murdoch said he might be interested in deals for some of Cablevision's cable-TV networks."
http://online.wsj.com/article/SB121794258217213351.html