In April 2018, Altice Europe transferred its ownership of i24 US and i24 Europe ('i24NEWS"), Altice Europe's 24/7 international news and current affairs channels to the Company for minimal consideration (the "i24NEWS Acquisition"). As the acquisition was a combination of businesses under common control, the Company combined the results of operations and related assets and liabilities of i24NEWS as of April 1, 2018. Operating results for periods prior to April 1, 2018 and the balance sheet as of December 31, 2017 have not been revised to reflect the combination of i24NEWS as the impact was deemed immaterial.

The Company's equity in the net losses of i24NEWS, prior to April 1, 2018, for the six months ended June 30, 2018 of $1,130 were recorded using the equity method and reflected in other expense, net in the Company's consolidated statements of operations. In April 2018, Altice Europe transferred its ownership of i24 US and I24 Europe to the Company for minimal consideration.

In April 2018, the Company redeemed a 24% interest in Newsday LLC ("Newsday") and recognized a gain of $13,298, reflected in gain (loss) on investments and sale of affiliate interests in the Company's statements of operations. For the three and six months ended June 30, 2018, the Company recorded equity in the net loss of Newsday of $407 and $9,719, respectively, reflected in other expense, net in the Company's consolidated statements of operations. From July 7, 2016 through April 2018, the Company held a 25% ownership interest in Newsday and prior to July 7, 2016, Newsday was a wholly-owned subsidiary of Cablevision.

As the transactions discussed below were conducted between entities under common control by Mr. Drahi and equity method investees, 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 charges related to services provided to or received from subsidiaries of Altice Europe and Newsday:



	Three Months Ended June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Revenue	$	496		$	727		$	1,088		$	852
Operating expenses:
Programming and other direct costs	$	(2,087	)	$	(3,865	)	$	(3,774	)	$	(5,019	)
Other operating expenses, net	(2,020		)	(6,255		)	(4,266		)	(14,249		)
Operating expenses, net	(4,107		)	(10,120		)	(8,040		)	(19,268		)

Other income, net	—			149			—			149
Net charges	$	(3,611	)	$	(9,244	)	$	(6,952	)	$	(18,267	)
Capital Expenditures	$	2,536		$	1,108		$	5,890		$	2,734

Programming and other direct costs include costs incurred by the Company for advertising services provided by a subsidiary of Altice Europe.

Altice Europe provided certain executive services, as well as consulting, advisory and other services, including, prior to the Company's initial public offering ("IPO") in June 2017, CEO, CFO and COO services, to the Company. Compensation under the terms of the agreement was an annual fee of $30,000 to be paid by the Company. Fees associated with this agreement recorded by the Company amounted to approximately $5,750 and $13,250 for the three and six months ended June 30, 2018, respectively. This agreement was terminated upon the completion of the Distribution discussed in Note 1.

Other operating expenses also include charges for services provided by other subsidiaries of Altice Europe aggregating $2,020 and $4,266, for the three and six months ended June 30, 2019 and $505 and $999 for the three and six months ended June 30, 2018, respectively.

Capital expenditures include $2,536 and $5,890 for the three and six months ended June 30, 2019 and $1,108 and $2,734, for the three and six months ended June 30, 2018, respectively, for equipment purchases and software development services provided by subsidiaries of Altice Europe.



	June 30, 2019		December 31, 2018
Due from:
CVC 3 (a)	$	—	$	13,100
Newsday (b)	476		490
Altice Europe (b)	332		1,271
Altice Dominican Republic (b)	—		2,550
Other Altice Europe subsidiaries (b)	414		146
	$	1,222	$	17,557
Due to:
Newsday (b)	$	—	$	22
Altice Europe (c)	—		15,235
Altice Labs S.A. (d)	1,935		4,864
Other Altice Europe subsidiaries (d)	4,544		5,975
	$	6,479	$	26,096

Pursuant to our share repurchase program, the Company purchased approximately 13.2 million Altice USA Class A shares for total consideration of approximately $300,000 during the six months ended June 30, 2019 from Suddenvision S.A.R.L., an entity controlled by BC Partners LLP.