Cablevision up 6%; CEO Dolan urges consolidating NYC market

• On stage in general session at the Internet & Television Expo (INTX), panel moderator Julia Boorstin assembled nearly all major cable CEOs and pressed them on hot M&A issues.
• Most were circumspect -- "The world's full of possibilities, but I can't tell you any of them," said Charter (NASDAQ:CHTR) CEO Tom Rutledge -- but James Dolan, CEO of Cablevision (CVC +6%), wasn't, urging market-by-market consolidation instead, starting with CVC's home market of New York City.
• “Consolidation of that marketplace would provide, one, a great deal of ingenuity and much more access to resources for the customers and lower prices,” he said, suggesting specifically that he'd deal with Time Warner Cable (TWC), "and Comcast (NASDAQ:CMCSA) and other operators."
• Shares moved up 6% after his comments on indications that Cablevision might sell to a suitable acquirer.
• Previously: WSJ: Charter reaches out to TWC for friendly deal (May. 04 2015)
• Previously: 'As the Cable Turns': Industry deal talk turns to Bright House (Apr. 30 2015)