Optimum’s Financial Crisis Deepens | Cleveland News

Optimum, a major broadband and cable player, is teetering on the brink with billions in looming debt and a plummeting credit rating that now signals possible bankruptcy within a year. Facing mounting pressure, founder Patrick Drahi appears to be shielding his stake as the company scrambles to restructure amid a broader industry collapse — with DISH and Sling already gone under and cable viewership cratering over five years. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b2a4adbca8b1cc37