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Optimum cable owner Altice okayed pay raises for execs while refusing to refund subscribers for MSG blackout

Optimum
New York Post Fews App News Provider
Fews App Post Time ha 29d

Optimum handed out fat raises to top executives during its bitter contract battle with James Dolan’s MSG Networks — while refusing to offer refunds despite Knicks and Rangers games being blacked out since the start of the year. Dennis Matthew, the CEO of Optimum’s parent company Altice USA, got a bump to $1. 55 million a year from $1 million, while Chief Financial Officer Marc Sirota’s base salary jumped to $650,000 from $500,000, according to documents filed with the Securities and Exchange Commission last week.

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