The Company's equity in the net losses of i24NEWS prior to April 1, 2018 of $1,130 and $2,821 for the years ended December 31, 2018 and 2017 were recorded using the equity method and reflected in other expense, net in the

Company's consolidated statements of operations. As discussed in Note 1, the Company combined the results of operations and related assets and liabilities of i24NEWS as of April 1, 2018.

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, net in the Company's consolidated statements of operations. For the year ended December 31, 2018 and 2017, the Company recorded equity in the net loss of Newsday of $9,719 and $7,219, 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.

Altice USA is controlled by Patrick Drahi who is also the controlling stockholder of Altice Europe and its subsidiaries and other entities.

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.


	Years Ended December 31,
	2019		2018		2017
Revenue	$	3,974	$	2,575	$	1,100
Operating expenses:
Programming and other direct costs	$	(11,580)	$	(7,261)	$	(4,176)
Other operating expenses, net	(8,355)		(16,307)		(33,140)

Operating expenses, net	(19,935)		(23,568)		(37,316)

Interest expense	—		(600)		—
Interest income	—		2,429		6,496
Net charges - CSC Holdings	(15,961)		(19,164)		(29,720)
Interest expense	—		(2,429)		(96,901)
Other income, net	—		149		—
Loss on extinguishment of debt and write-off of deferred financing costs (see Note 11)	—		—		(513,723)
Net charges - Altice USA	$	(15,961)	$	(21,444)	$	(640,344)
Capital Expenditures	$	12,167	$	14,951	$	22,012

The Company recognized revenue primarily from the sale of advertising to a subsidiary of Altice Europe and a foundation controlled by Patrick Drahi.

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 IPO, 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 $13,250 and $30,000 for the years ended December 31, 2018 and 2017, respectively. As of June 20, 2017, the CEO, CFO and COO became employees of the Company and the agreement was assigned to Altice Europe by a subsidiary of Altice Europe. 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 and other related parties aggregating $8,355, $3,057 and $4,057, for the years ended December 31, 2019, 2018 and 2017, respectively, net of a credit of $917 related to transition services provided to Newsday for the year ended December 31, 2017.

In addition, in August 2019, the Company issued options to purchase 370,923 shares of Altice USA common stock to a related party for advisory services. The options vest over 4 years, where 50% vest on the second anniversary, 25% on the third anniversary and 25% on the fourth anniversary of the date of grant. The grant date fair value of these options aggregating $3,516 is recorded over the vesting period.

Capital expenditures for the year ended December 31, 2019, 2018 and 2017 include $12,167 and $14,951, and $22,012, respectively, for equipment purchased and software development services provided by subsidiaries of Altice Europe.


	Altice USA						CSC Holdings
	December 31,						December 31,
	2019		2018		2019		2018
Due from:
Altice Europe (a)	$	4,076	$	16,995	$	4,076	$	3,821
Other affiliates and related parties (a)	2,698		562		2,698		564
	$	6,774	$	17,557	$	6,774	$	4,385
Due to:
Altice Europe (a)	$	—	$	26,074	$	—	$	12,419
Other affiliates and related parties (a)	7,456		22		7,456		22
Altice USA (b)	—		—		—		26,578
Cablevision (c)	—		—		—		140,398
	$	7,456	$	26,096	$	7,456	$	179,417

(a)Amounts due from affiliates represent amounts paid by the Company on behalf of or for services provided to the respective related party. Amounts due to affiliates relate to the purchase of equipment and advertising services, as well as reimbursement for payments made on our behalf. For Altice USA, the 2018 receivable amount includes interest on senior notes paid by Altice USA on behalf of an affiliate aggregating $13,100 and the payable amount includes $13,250 related to the consulting, advisory and other services agreement discussed above.

(c)Includes amounts due to/ due from affiliate pursuant to a historical tax allocation policy and tax sharing agreements between the entities. Also includes amounts related to services provided to/ or received from the respective affiliate and amounts related to payments made on behalf of the respective affiliate.

In the second quarter of 2017, prior to Altice USA's IPO, Altice USA declared and paid cash distributions aggregating $839,700 to stockholders, $500,000 of which were funded with proceeds from borrowings under CSC Holdings' revolving credit facility. In 2016, Altice USA declared cash distributions of $445,176, of which $365,559 were paid in 2016 and $79,617 were paid in the first quarter of 2017.

Pursuant to our share repurchase program, Altice USA purchased approximately 14.9 million Altice USA Class A shares for total consideration of approximately $350,000 during the year ended December 31, 2019 from Suddenvision S.A.R.L., an entity controlled by BC Partners LLP.