v3.26.1
AFFILIATE AND RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
AFFILIATE AND RELATED PARTY TRANSACTIONS AFFILIATE AND RELATED PARTY TRANSACTIONS
Affiliate and Related Party Transactions
Optimum Communications is controlled by Patrick Drahi through Next Alt who also controls Altice Europe and other entities.
As the transactions discussed below were conducted between entities under common control by Mr. Drahi, amounts charged for certain services may not have represented amounts that might have been received or incurred if the transactions were based upon arm's length negotiations.
The following table summarizes the revenue and expenses related to services provided to or received from affiliates and related parties:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue$23 $43 $78 $161 
Operating expenses:
Programming and other direct costs(614)(943)(1,763)(2,541)
Other operating expenses, net(5,117)(12,540)(18,065)(25,462)
Operating expenses, net(5,731)(13,483)(19,828)(28,003)
Net charges$(5,708)$(13,440)$(19,750)$(27,842)
Capital expenditures$6,754 $7,988 $16,896 $29,822 
Revenue
We recognize revenue primarily from the sale of advertising to a related party.
Programming and Other Direct Costs
Programming and other direct costs include costs incurred for advertising services provided by a related party.
Other Operating Expenses, Net
Other operating expenses primarily include charges for services provided by certain subsidiaries of Altice Europe and other related parties, including costs for customer care services.
Capital Expenditures
Capital expenditures primarily include costs for equipment purchased and software development services provided by subsidiaries of Altice Europe.
Aggregate amounts that were due from and due to affiliates and related parties are summarized below:
June 30, 2026December 31, 2025
Due from:
Altice Europe$— $30 
Other affiliates and related parties445 445 
$445 $475 
Due to:
Altice Europe$6,077 $24,938 
Other affiliates and related parties783 2,091 
$6,860 $27,029 

Amounts due from affiliates presented in the table above represent amounts due for services provided to the respective related party. Amounts due to affiliates presented in the table above and included in other current liabilities in the accompanying balance sheets relate to the purchase of equipment, customer care services, and advertising services, as well as reimbursement for payments made on our behalf.
CSC Holdings Transactions with Optimum Communications
During the three and six months ended June 30, 2025, CSC Holdings made cash equity distribution payments to its parent of $1,191, and $9,738, respectively, and received non-cash equity contributions from its parent of $43 for the three and six months ended June 30, 2025, respectively.
The following table provides intercompany balances and activity between CSC Holdings and Optimum Communications as of June 30, 2026 and for the year ended December 31, 2025:
June 30, 2026December 31, 2025
Amounts due from Optimum Communications$9,253 $2,346 
Amounts due from (due to) the Captive541 (201)
Note payable to the Captive78,500 82,500 
Six Months Ended June 30,
20262025
Interest expense on intercompany note payable to the Captive$2,418 $2,657 
In December 2025, we transferred our interest in i24 NEWS to an entity under common control, for cash consideration of $1,000. In addition, we agreed to reimburse the buyer for certain liabilities incurred by the buyer, not to exceed $5,000. The accompanying statement of stockholders' deficiency reflects distributions aggregating $4,907 related to this reimbursement.