AFFILIATE AND RELATED PARTY TRANSACTIONS

3 Months Ended

Mar. 31, 2020

AFFILIATE AND RELATED PARTY TRANSACTIONS

Affiliate and Related Party Transactions

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, 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 affiliates and related parties:


	Three Months Ended March 31,
	2020		2019
Revenue	$	3,488	$	592
Operating expenses:
Programming and other direct costs	$	(2,189)	$	(1,687)
Other operating expenses, net	(3,941)		(2,246)

Operating expenses, net	(6,130)		(3,933)







Net charges - Altice USA	$	(2,642)	$	(3,341)
Capital Expenditures	$	7,225	$	3,354

Revenue

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

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

Other operating expenses, net

Other operating expenses primarily include charges for services provided by other subsidiaries of Altice Europe and other related parties aggregating $3,941, and $2,246, for the three months ended March 31, 2020 and 2019, respectively.

Capital Expenditures

Capital expenditures for the three months ended March 31, 2020, and 2019 include $7,225 and $3,354, respectively, 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:



	March 31,		December 31,
	2020		2019
Due from:
Altice Europe	$	631	$	4,076
Other affiliates and related parties	3,304		2,698
	$	3,935	$	6,774
Due to:
Altice Europe	$	8,511	$	7,456



	$	8,511	$	7,456

Amounts due from affiliates presented in the table above 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.

CSC Holdings

CSC Holdings made cash equity distribution payments to its parent aggregating $720,350, and $594,462 during the three months ended March 31, 2020 and 2019, respectively. The distributions in 2020 and 2019 were recorded as a decrease in retained earnings of $24,317 and $543,217, representing the cumulative earnings through the distribution dates, and a decrease in other member's equity of $696,033 and $51,245, respectively.