As subscribers leave Cablevision for Internet programs like Hulu and Netflix, Cablevision reported profits were down 65 percent in the third quarter, Bloomberg reports.

Net income fell to $39.3 million, from a year earlier.

The company lost 19,000 video subscribers, but broadband customers rose by 17,000.


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Amber Baillie
A Colorado native, Amber Baillie graduated from the University of Northern Colorado with a bachelor’s degree in journalism and mass communications. For over three years, she wrote for the Air Force Academy's official base newspaper and has written articles for Your Boulder and the Cheyenne and Woodmen Editions. For the Business Journal, she covers cyber, aerospace and defense, and nonprofit news.