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AFFILIATE AND RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2025
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.
In December 2025, we transferred our interest in i24 NEWS to an entity under common control, for cash consideration of $1,000. As the transaction was between entities under common control, the assets and liabilities were transferred at their historical carrying value. The difference of $9,513 between the carrying value of the net assets transferred and the consideration received was recorded as a charge to stockholders' equity. No gain or loss was recognized in the consolidated statement of operations. In addition, we have agreed to reimburse the buyer for certain liabilities incurred by the buyer between the transfer date and March 31, 2026, not to exceed $5,000. The amount of reimbursement, if any, will be recorded to stockholders' equity in the first quarter of 2026.
The following table summarizes the revenue and expenses related to services provided to or received from affiliates and related parties:
Years Ended December 31,
202520242023
Revenue$214 $459 $1,471 
Operating expenses:
Programming and other direct costs$(6,491)$(11,645)$(13,794)
Other operating expenses, net(52,766)(45,708)(57,063)
Operating expenses, net(59,257)(57,353)(70,857)
Other credits— — — 
Net charges$(59,043)$(56,894)$(69,386)
Capital Expenditures$46,470 $89,946 $122,384 
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 in 2025 and 2024.
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:
December 31,
20252024
Due from:
Altice Europe$30 $44 
Other affiliates and related parties445 270 
$475 $314 
Due to:
Altice Europe$24,938 $26,944 
Other affiliates and related parties2,091 — 
$27,029 $26,944 
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
Equity distribution payments made by CSC Holdings to its parent and equity contributions received by CSC Holdings from its parent are summarized below.