content: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
                                     FORM 10-Q
  (Mark One)
  
  (X)  Quarterly  Report  pursuant  to  Section  13 or 15(d) of the  Securities
       Exchange Act of 1934 For the Quarterly Period Ended:
  
                                 SEPTEMBER 30, 1995
  
                                         OR
  
  ( )  Transition  Report  pursuant  to Section  13 or 15(d) of the  Securities
       Exchange Act of 1934 For the Transition Period from ________ to ________.
  
                           Commission File Number 0-16767
  
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
               (Exact name of registrant as specified in its charter)
  
  
                MICHIGAN                                 38-2697922
  
        (State or other jurisdiction of                (I.R.S. Employer
        incorporation or organization)                Identification No.)
  
                              c/o Comcast Corporation
                  1500 Market Street, Philadelphia, PA 19102-2148
  
                      (Address of principal executive offices)
                                     (Zip Code)
  
  Registrant's telephone number, including area code:  (215) 665-1700
  
  
  Indicate by check mark whether the registrant (1) has filed all reports required
  to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
  the preceding  twelve months (or for such shorter period that the registrant was
  required to file such  reports),  and (2) has been subject to such  requirements
  for the past 90 days.
  
           Yes  __X__                                         No ____
  
  
  As  of  September  30,  1995,  there  were  1,000,000  shares  of  Common  Stock
  outstanding.
  
  
  
  <PAGE>
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
                                 TABLE OF CONTENTS
  
  
                                                                             Page
                                                                            Number
  
  PART I.  FINANCIAL INFORMATION
  
           Item 1.  Financial Statements
  
                    Condensed Balance Sheet at September 30, 1995
                    and December 31, 1994 (Unaudited).........................2
  
                    Condensed Statement of Operations and
                    Accumulated Deficit for the Nine and Three Months
                    Ended September 30, 1995 and 1994 (Unaudited).............3
  
                    Condensed Statement of Cash Flows for the
                    Nine Months Ended September 30, 1995 and 1994
                    (Unaudited)...............................................4
  
                    Notes to Condensed Financial Statements
                    (Unaudited)...........................................5 - 8
  
           Item 2.  Management's Discussion and Analysis
                    of Financial Condition and Results of
                    Operations...........................................9 - 11
  
  PART II. OTHER INFORMATION
  
           Item 4.  Submission of Matters to a Vote of 
                    Security Holders....................................11 - 12
  
           Item 6.  Exhibits and Reports on Form 8-K.........................12
  
  
  
  
  
  <PAGE>2
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  PART I.  FINANCIAL INFORMATION
  
  ITEM 1.  FINANCIAL STATEMENTS
  
                              CONDENSED BALANCE SHEET
                                    (Unaudited)
  
  <TABLE>
  <CAPTION>
                                                                                    (Dollars in thousands)
                                                                            September 30,           December 31,
                                                                                1995                     1994
                                                                             ----------              -----------
  <S>                                                                     <C>                      <C>
  ASSETS
  
  CURRENT ASSETS
      Cash..........................................................             $106                    $1,125
      Due from affiliate............................................            1,005
      Other assets..................................................                                          4
                                                                              -------                   -------
            Total current assets....................................            1,111                     1,129
                                                                              -------                   -------
  
  INVESTMENT IN COMCAST CABLEVISION OF DETROIT......................            6,984                     8,534
                                                                              -------                   -------
  
  DEFERRED CHARGES..................................................            7,880                     7,839
      Accumulated amortization......................................             (312)                      (18)
                                                                              -------                   -------
      Deferred charges, net.........................................            7,568                     7,821
                                                                              -------                   -------
                                                                              $15,663                   $17,484
                                                                              =======                   =======
  
  LIABILITIES AND STOCKHOLDERS' EQUITY
  
  CURRENT LIABILITIES
      Accounts payable .............................................               $8                       $12
                                                                              -------                   -------
            Total current liabilities...............................                8                        12
                                                                              -------                   -------
  
  DEFERRED INCOME TAXES.............................................            7,339                     7,823
                                                                              -------                   -------
  
  COMMITMENTS AND CONTINGENCIES
  
  STOCKHOLDERS' EQUITY
      Common stock, $.01 par value - authorized,
         4,000,000 shares; issued, 1,000,000 .......................               10                        10
      Additional capital............................................            9,253                     9,686
      Accumulated deficit...........................................             (947)                      (47)
                                                                              -------                   -------
            Total stockholders' equity..............................            8,316                     9,649
                                                                              -------                   -------
                                                                              $15,663                   $17,484
                                                                              =======                   =======
  </TABLE>
  
  
  
  See notes to condensed financial statements.
  
  
  
  <PAGE>3
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
             CONDENSED STATEMENT OF OPERATIONS AND ACCUMULATED DEFICIT
                                    (Unaudited)
  
  <TABLE>
  <CAPTION>
                                                                         (Amounts in thousands, except per share data)
                                                                         Nine Months Ended          Three Months Ended
                                                                           September 30,               September 30,
                                                                         1995         1994           1995         1994
                                                                       --------     --------       --------     --------
                                                                                  (Predecessor               (Predecessor
                                                                                   Corporation)               Corporation)
  <S>                                                                <C>          <C>          <C>           <C>
  INCOME
     Interest income..............................................         $52          $33           $19          $16
     Equity in net (loss) income of Comcast
          Cablevision of Detroit..................................      (1,117)         721          (364)         234
                                                                       -------      -------       -------      -------
                                                                        (1,065)         754          (345)         250
                                                                       -------      -------       -------      -------
  
  EXPENSES
      Amortization................................................         294          423            98          141
      Administrative..............................................          25           26            16            8
                                                                       -------      -------       -------      -------
                                                                           319          449           114          149
                                                                       -------      -------       -------      -------
  
  (LOSS) INCOME BEFORE INCOME
     TAX BENEFIT..................................................      (1,384)         305          (459)         101
                                                                       -------      -------       -------      -------
  
  INCOME TAX BENEFIT..............................................        (484)                      (160)
                                                                       -------      -------       -------      -------
  
  NET (LOSS) INCOME...............................................        (900)         305          (299)         101
  
  ACCUMULATED DEFICIT
      Beginning of period.........................................         (47)      (3,465)         (648)      (3,261)
      Dividends declared - $1.25 per share........................                   (1,250)                    (1,250)
                                                                       -------      -------       -------      -------
      End of period...............................................       ($947)     ($4,410)        ($947)     ($4,410)
                                                                       =======      =======       =======      ======= 
  
  NET (LOSS) INCOME PER SHARE.....................................       ($.90)        $.31         ($.30)        $.10
                                                                       =======      =======       =======      ======= 
  
  WEIGHTED AVERAGE NUMBER OF COMMON
      SHARES OUTSTANDING DURING THE PERIOD........................       1,000        1,000         1,000        1,000
                                                                       =======      =======       =======      ======= 
  </TABLE>
  
  
                    See notes to condensed financial statements.
  
  
  
  <PAGE>4
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                         CONDENSED STATEMENT OF CASH FLOWS
                                    (Unaudited)
  
  <TABLE>
  <CAPTION>
                                                                                         (Dollars in thousands)
                                                                                     Nine Months Ended September 30,
                                                                                     1995                       1994
                                                                                    ------                     ------
                                                                                                            (Predecessor
                                                                                                            Corporation)
  <S>                                                                            <C>                      <C>
  OPERATING ACTIVITIES
       Net (loss) income .......................................                       ($900)                      $305
          Noncash items included in net (loss) income:
             Equity in net loss (income) of Comcast
                 Cablevision of Detroit.........................                       1,117                       (721)
             Amortization.......................................                         294                        423
             Deferred income tax benefit........................                        (484)
                                                                                    --------                   --------
                                                                                          27                          7
  
          Decrease (increase) in other assets...................                           4                         (3)
          Decrease in accounts payable..........................                          (4)                        (1)
                                                                                    --------                   --------
  
                 Net cash provided by operating activities......                          27                          3
                                                                                    --------                   --------
  
  FINANCING ACTIVITIES
       Dividends ...............................................                                                 (1,250)
                                                                                    --------                   --------
  
                 Net cash used in financing activities..........                                                 (1,250)
                                                                                    --------                   --------
  
  INVESTING ACTIVITIES
       Net transactions with affiliates.........................                      (1,005)                     1,000
       Distribution received from Comcast
          Cablevision of Detroit................................                                                  1,250
       Purchase of short-term investment........................                                                 (1,011)
       Other....................................................                         (41)
                                                                                    --------                   --------
  
                 Net cash (used in) provided by
                   investing activities.........................                      (1,046)                     1,239
                                                                                    --------                   --------
  
  DECREASE IN CASH..............................................                      (1,019)                        (8)
  
       Cash, Beginning of Period................................                       1,125                        119
                                                                                    --------                   --------
  CASH, End of Period...........................................                        $106                       $111
                                                                                    ========                   ========
  </TABLE>
  
  
  
  See notes to condensed financial statements.
  
  
  <PAGE>5
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                      NOTES TO CONDENSED FINANCIAL STATEMENTS
                                    (Unaudited)
  
  1.   CONDENSED FINANCIAL STATEMENTS
  
       Organization
  
       Cablevision  Investment of Detroit,  Inc. (the  "Company"),  an approximate
       96.5% owned  subsidiary of Com MH Cable TV, Inc.  (formerly  Maclean Hunter
       Cable TV, Inc.) ("Cable TV"), a Michigan corporation,  is a general partner
       which holds a 10%  partnership  interest in Comcast  Cablevision of Detroit
       (formerly Barden Cablevision and referred to herein as the  "Partnership"),
       a  Michigan  general   partnership.   The  Partnership   operates  a  cable
       communications  system  pursuant to a franchise  agreement with the city of
       Detroit,  Michigan (the "City").  Effective December 22, 1994 (see Note 2),
       Cable  TV  became  an  indirect   majority  owned   subsidiary  of  Comcast
       Corporation  ("Comcast"),  a Pennsylvania  corporation  which is a publicly
       owned company.
  
       Basis of Presentation
  
       The condensed  balance sheet at December 31, 1994 has been  condensed  from
       the audited  balance  sheet at that date.  The  condensed  balance sheet at
       September 30, 1995, the condensed  statement of operations and  accumulated
       deficit for the nine and three months ended September 30, 1995 and 1994 and
       the condensed  statement of cash flows for the nine months ended  September
       30,  1995 and 1994  have been  prepared  by the  Company  and have not been
       audited  by  the  Company's   Independent   Auditors.  In  the  opinion  of
       management,   all   adjustments   (which  include  only  normal   recurring
       adjustments) necessary to present fairly the financial position, results of
       operations  and cash flows as of  September  30,  1995 and for all  periods
       presented have been made.
  
       Certain information and note disclosures normally included in the Company's
       annual financial  statements prepared in accordance with generally accepted
       accounting  principles  have been  condensed  or omitted.  These  condensed
       financial  statements  should  be read in  conjunction  with the  financial
       statements  and notes thereto  included in the Company's  December 31, 1994
       Annual  Report  on  Form  10-K  filed  with  the  Securities  and  Exchange
       Commission.  The results of operations for the periods ended  September 30,
       1995 are not necessarily indicative of operating results for the full year.
  
       Net (Loss) Income Per Share
  
       Net (loss)  income  per share is based on the  weighted  average  number of
       common  shares  outstanding.  The Company has no common  share  equivalents
       outstanding.
  
       Reclassifications
  
       Certain  reclassifications  have been made to the 1994 financial statements
       to conform with the classifications used in 1995.
  
  2.   MACLEAN HUNTER ACQUISITION
  
       On  March  31,  1994,   Rogers   Communications   Inc.   ("RCI")   acquired
       substantially  all of the  outstanding  shares of capital  stock of Maclean
       Hunter  Limited,  which was  formerly  the parent of Maclean  Hunter,  Inc.
       ("MHI").  On December  22,  1994,  pursuant to a share  purchase  agreement
       between  Comcast  and  RCI,  Comcast  MH  Holdings,  Inc.  ("MH  Holdings")
       purchased all of the issued and outstanding  shares of capital stock of MHI
       and, in  conjunction  with a separate  agreement with the  shareholders  of
       Comcast Michigan Holdings,  Inc. (formerly Barden Communications,  Inc. and
       referred to herein as "CMH"),  acquired  all of the issued and  outstanding
       shares  of  capital  stock  of CMH,  for an  aggregate  purchase  price  of
       approximately  $1.2 billion  (subject to certain  adjustments) in cash (the
       purchase  of the  shares of MHI is  referred  to  herein as the "MHI  Share
       Purchase" and,  together with the purchase of the CMH shares, as the "Share
       Purchase").  MH Holdings is an indirect wholly owned  subsidiary of Comcast
       MHCP Holdings,  L.L.C.  ("MHCP"), a Delaware limited liability corporation.
       MHCP is owned 55% by a wholly  owned  subsidiary  of Comcast and 45% by the
       California Public Employees'
  
  <PAGE>6
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
                                    (Unaudited)
  
       Retirement  System  ("CalPERS"),  and is managed by Comcast.  The MHI Share
       Purchase  resulted in a change of control of the Company  because Cable TV,
       the  Company's  parent,  became an indirect  wholly owned  subsidiary of MH
       Holdings.  In addition,  the Share Purchase resulted in a change of control
       of the  Partnership  because the  partners  became  substantially  indirect
       wholly owned subsidiaries of MH Holdings.
  
       As a result of the Share Purchase, a new cost basis was established for the
       purchased assets and liabilities. The financial position of the Company and
       the  Partnership  as of September 30, 1995 and December 31, 1994, and their
       results of  operations  for the nine and three months ended  September  30,
       1995, reflect an allocation of the purchase price for the Share Purchase to
       the assets and  liabilities  of the  Company and the  Partnership  based on
       relative  estimated market values.  Such allocation is preliminary  pending
       the final  purchase price  adjustment  between  Comcast and RCI.  Financial
       information prior to the Share Purchase with respect to the Company and the
       Partnership  has been presented  herein as  "Predecessor  Corporation"  and
       "Predecessor Partnership," respectively.
  
  3.   INVESTMENT IN COMCAST CABLEVISION OF DETROIT
  
       The Company accounts for its investment in the Partnership under the equity
       method. The Company records its investment at cost and adjusts the recorded
       investment  periodically to recognize the Company's  proportionate share of
       the Partnership's net income or loss after the date of investment,  as well
       as any additional contributions made and distributions received.
  
       The  following  is  summarized  financial  information  with respect to the
       Partnership:
  
         Condensed Financial Position
         (Dollars in thousands)
  <TABLE>
  <CAPTION>
                                                                            September 30,    December 31,
                                                                                1995             1994
                                                                                ----             ----
  <S>                                                                     <C>             <C>
         Current assets..................................................       $4,959           $4,576
         Property and equipment, net.....................................       58,497           59,358
         Deferred charges, net...........................................      229,952          245,195
                                                                              --------         --------
                                                                              $293,408         $309,129
                                                                              ========         ========
  
         Current liabilities.............................................      $61,985          $63,136
         Long-term liabilities...........................................      161,582          160,647
         Partners' capital...............................................       69,841           85,346
                                                                              --------         --------
                                                                              $293,408         $309,129
                                                                              ========         ========
  </TABLE>
  
  
  <PAGE>7
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
                                    (Unaudited)
  
       Condensed Statement of Operations
       (Dollars in thousands)
  
  <TABLE>
  <CAPTION>
                                                                                (Predecessor              (Predecessor
                                                                                Partnership)              Partnership)
                                                                        Nine Months Ended          Three Months Ended
                                                                          September 30,               September 30,
                                                                        1995         1994          1995         1994
                                                                      --------     --------      --------      ------
  <S>                                                               <C>           <C>          <C>          <C>
       Service income...........................................       $50,633      $49,211       $17,113      $16,128
                                                                      --------     --------      --------     --------
       Operating, selling, general and
        administrative expenses.................................        32,954       32,477        11,117       10,552
       Depreciation and amortization............................        19,550        7,415         6,469        2,444
                                                                      --------     --------      --------     --------
                                                                        52,504       39,892        17,586       12,996
                                                                      --------     --------      --------     --------
       Operating (loss) income .................................        (1,871)       9,319          (473)       3,132
       Interest expense.........................................         9,302        2,255         3,173          833
                                                                      --------     --------      --------     --------
       Net (loss) income for allocation to partners.............      ($11,173)      $7,064       ($3,646)      $2,299
                                                                      ========     ========      ========     ========
  </TABLE>
  
       Prior  to the  Share  Purchase,  the  Company  was  allocated  10.2% of the
       Partnership's  net  income  or  loss.   Contemporaneously  with  the  Share
       Purchase,  Detroit  Cable  TV,  Inc.  ("Detroit  Cable"),  a  wholly  owned
       subsidiary  of  Cable  TV,  exercised  its  option  to  acquire  additional
       interests in the Partnership of 0.2% from the Company and 0.8% from CMH for
       consideration  previously provided.  Following the Share Purchase,  Detroit
       Cable,   CMH  and  the  Company  hold   interests  of  50%,  40%  and  10%,
       respectively,  in the Partnership.  As a result of the Share Purchase,  the
       Company's recorded investment balance was increased to 10% of the new basis
       of the Partnership's net assets.
  
       Related Party Transactions 
  
       Effective December 22, 1994, management fees are charged to the Partnership
       pursuant to a management  agreement  between  Comcast and MH Holdings  (the
       "Management  Agreement").  Under  the  terms of the  Management  Agreement,
       Comcast will supervise the management and operation of the  Partnership for
       compensation  equal  to  4.5% of the  Partnership's  gross  revenues,  with
       payment  of  one-third  of such fees  being  deferred  by MH  Holdings.  In
       addition,  the  Management  Agreement  provides for the  reimbursement  and
       sharing of certain of Comcast's  actual costs relating to the operations of
       MH Holdings,  including the operations of the Partnership. For the nine and
       three months ended  September 30, 1995,  the  Partnership  was charged $2.3
       million and $770,000, respectively, under the Management Agreement.
  
       Effective December 22, 1994, the Partnership is also charged by Comcast for
       certain operating  expenses under a separate  agreement between Comcast and
       MH Holdings (the "Cost Sharing  Agreement").  These expenses are charged to
       MH Holdings,  and ultimately the Partnership,  by Comcast on the same basis
       that  approximates  what would have been charged if it  purchased  directly
       from the supplier, subject to certain adjustments and limitations.  For the
       nine and three months ended  September 30, 1995,  the amount charged to the
       Partnership  under the Cost Sharing  Agreement  was $14.6  million and $4.9
       million, respectively.
  
       Through  November 30, 1994,  the  Partnership  paid to Cable  Management of
       Detroit,  a partnership  formed by Cable TV and CMH, a monthly fee equal to
       6% of the  Partnership's  gross  revenues.  Fees  incurred for the nine and
       three  months  ended  September  30, 1994  totalled  $3.0  million and $1.0
       million, respectively.
  
  
  
  <PAGE>8
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                NOTES TO CONDENSED FINANCIAL STATEMENTS - CONCLUDED
                                    (Unaudited)
  
       Through  December 21, 1994,  the  Partnership  purchased  certain  services
       jointly with an affiliate owned by Cable TV. Reimbursement to the affiliate
       for these  services for the nine and three months ended  September 30, 1994
       totalled $5.3 million and $1.7 million, respectively.
  
       For the nine and three months ended September 30, 1995, interest expense of
       $9.3 million and $3.2  million,  respectively,  represents  interest on the
       Partnership's assumed portion of the outstanding  borrowings of MH Holdings
       under the Assumption Agreement (see Note 4).
  
       Pension Plan
  
       On October 5, 1995,  the  Partnership  decided  to  terminate  its  defined
       benefit  pension  plan as soon as  practicable,  but prior to December  31,
       1995.  The  termination  of this plan is not expected to have a significant
       effect  on  the  financial   position  or  results  of  operations  of  the
       Partnership or the Company.
  
       Commitments and Contingencies
  
       The  Partnership is subject to legal  proceedings and claims which arise in
       the ordinary  course of its  business.  In the opinion of  management,  the
       amount  of  ultimate  liability  with  respect  to these  actions  will not
       materially  affect the financial  position and results of operations of the
       Partnership.
  
       On March 30, 1994, the Federal  Communications  Commission  ("FCC"),  among
       other  things,   adopted  interim  regulations  to  govern  cost-of-service
       showings by cable operators, establishing an industry-wide 11.25% after tax
       rate of return and a rebuttable  presumption that  acquisition  costs above
       original historic book value of tangible assets should be excluded from the
       rate  base;  and  reconsidered,   among  other  matters,   its  regulations
       concerning  rates for the addition of regulated  services and the treatment
       of packages of "a la carte" channels.  The Partnership is currently seeking
       to justify  certain of its existing  rates on the basis of  cost-of-service
       showings at the City.  Although  management believes that the Partnership's
       rates are supportable in a cost of service proceeding,  no assurance can be
       given that the  Partnership  will be successful.  If the Partnership is not
       successful in such efforts, and there is no legislative,  administrative or
       judicial relief, the FCC regulations may adversely affect the Partnership's
       results of operations.
  
  4.   STATEMENT OF CASH FLOWS - SUPPLEMENTAL INFORMATION
  
       In connection with the Share Purchase,  MH Holdings  entered into an $850.0
       million credit agreement with certain lenders (the "Credit Agreement").  On
       December 22, 1994, the Partnership entered into a loan assumption agreement
       (the  "Assumption  Agreement")  with MH Holdings  whereby the  Partnership,
       along with  certain  other  subsidiaries  of MH  Holdings,  would  assume a
       portion  of MH  Holdings'  obligations  under  the  Credit  Agreement.  The
       Partnership's  allocated  portion of the total  commitment under the Credit
       Agreement was $184.1 million, of which $154.9 million was outstanding as of
       December  31,  1994.  During the nine  months  ended  September  30,  1995,
       additional  borrowings  were  made  under  the  Credit  Agreement  and  the
       Partnership  was  allocated  an  additional  $4.3  million  pursuant to the
       Assumption Agreement,  with a corresponding  decrease in partners' capital.
       The Company has recorded a decrease in its  investment  in the  Partnership
       for its proportionate  share of this assumed liability of $433,000,  with a
       corresponding  decrease in additional  capital.  This  transaction has been
       excluded  from the Company's  condensed  statement of cash flows due to its
       noncash nature.
  
  5.   RELATED PARTY TRANSACTIONS
  
       As of September 30, 1995, the due from affiliate  balance includes interest
       bearing amounts due from MH Holdings of approximately $1.0 million.
  
  
  <PAGE>9
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION 
          AND RESULTS OF OPERATIONS
  
  Organization
  
  Cablevision  Investment of Detroit,  Inc. (the "Company"),  an approximate 96.5%
  owned  subsidiary of Com MH Cable TV, Inc.  (formerly  Maclean  Hunter Cable TV,
  Inc.) ("Cable TV"), a Michigan  corporation,  is a general partner which holds a
  10%  partnership  interest in Comcast  Cablevision of Detroit  (formerly  Barden
  Cablevision  and referred to herein as the  "Partnership"),  a Michigan  general
  partnership.  The  Partnership  operates  a  cable  communications  system  (the
  "System") pursuant to a franchise  agreement with the city of Detroit,  Michigan
  (the "City").  Effective December 22, 1994, Cable TV became an indirect majority
  owned subsidiary of Comcast Corporation ("Comcast"),  a Pennsylvania corporation
  which is a publicly owned company.
  
  Maclean Hunter Acquisition
  
  On March 31, 1994, Rogers Communications Inc. ("RCI") acquired substantially all
  of the outstanding shares of capital stock of Maclean Hunter Limited,  which was
  formerly  the parent of Maclean  Hunter,  Inc.  ("MHI").  On December  22, 1994,
  pursuant to a share  purchase  agreement  between  Comcast  and RCI,  Comcast MH
  Holdings,  Inc.  ("MH  Holdings")  purchased  all of the issued and  outstanding
  shares of capital  stock of MHI and, in  conjunction  with a separate  agreement
  with the  shareholders  of Comcast  Michigan  Holdings,  Inc.  (formerly  Barden
  Communications,  Inc.  and  referred  to herein as "CMH"),  acquired  all of the
  issued and outstanding shares of capital stock of CMH, for an aggregate purchase
  price of  approximately  $1.2 billion  (subject to certain  adjustments) in cash
  (the  purchase  of the  shares of MHI is  referred  to herein as the "MHI  Share
  Purchase"  and,  together  with the  purchase of the CMH  shares,  as the "Share
  Purchase").  MH Holdings is an indirect wholly owned  subsidiary of Comcast MHCP
  Holdings,  L.L.C.  ("MHCP"), a Delaware limited liability  corporation.  MHCP is
  owned 55% by a wholly  owned  subsidiary  of Comcast  and 45% by the  California
  Public Employees' Retirement System ("CalPERS"),  and is managed by Comcast. The
  MHI Share Purchase  resulted in a change of control of the Company because Cable
  TV, the  Company's  parent,  became an indirect  wholly owned  subsidiary  of MH
  Holdings. In addition, the Share Purchase resulted in a change of control of the
  Partnership  because the partners  became  substantially  indirect  wholly owned
  subsidiaries of MH Holdings.
  
  Contemporaneously  with the Share  Purchase,  Detroit  Cable TV, Inc.  ("Detroit
  Cable"),  a wholly owned subsidiary of Cable TV, exercised its option to acquire
  additional  interests in the  Partnership of 0.2% from the Company and 0.8% from
  CMH for consideration previously provided. Following the Share Purchase, Detroit
  Cable, CMH and the Company hold interests of 50%, 40% and 10%, respectively,  in
  the Partnership.
  
  Liquidity and Capital Resources
  
  The Company currently does not have any significant capital requirements.
  
  On July 29, 1994,  the Company  received a $1.25 million  distribution  from the
  Partnership.  On August 26, 1994,  the Company paid a $1.25 million  dividend to
  its shareholders.
  
  The Partnership's  capital  requirements,  anticipated to be approximately  $1.0
  million  during the  remainder of 1995,  are  principally  for  maintenance  and
  upgrading  of the  system.  The amount of such  capital  expenditures  for years
  subsequent to 1995 will depend on numerous factors, many of which are beyond the
  Partnership's  control.  These factors include whether competition in the market
  necessitates  a system  rebuild or upgrade,  whether  the system has  sufficient
  capacity  to handle new  product  offerings,  including  the  offering  of cable
  telephony and  telecommunications  services,  and whether and to what extent the
  Partnership will be able to recover its investment under Federal  Communications
  Commission ("FCC") rate guidelines.
  
  <PAGE>10
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  The Company  believes that the Partnership  will be able to meet its current and
  long-term  liquidity  and  capital  requirements,  including  its fixed  charges
  (interest expense),  through its cash flows from operating  activities and other
  sources of financing.
  
  Results of Operations
  
  As a result of the Share  Purchase,  a new cost  basis was  established  for the
  purchased assets and liabilities.  The financial position of the Company and the
  Partnership as of September 30, 1995 and December 31, 1994, and their results of
  operations  for the nine and three months ended  September 30, 1995,  reflect an
  allocation  of the  purchase  price for the Share  Purchase  to the  assets  and
  liabilities  of the Company  and the  Partnership  based on  relative  estimated
  market values.  Such allocation is preliminary  pending the final purchase price
  adjustment between Comcast and RCI.
  
  Cablevision Investment of Detroit, Inc.
  
  The Company  accounts for its  investment  in the  Partnership  under the equity
  method.  The Company  records its  investment  at cost and adjusts the  recorded
  investment  periodically to recognize the Company's  proportionate  share of the
  Partnership's  net income or loss after the date of  investment,  as well as any
  additional contributions made and distributions received.
  
  The Company realized net (loss) income of ($900,000),  $305,000,  ($299,000) and
  $101,000  for the nine and  three  months  ended  September  30,  1995 and 1994,
  respectively.  The results of operations  include equity in net (loss) income of
  the   Partnership  of  ($1.1)  million,   $721,000,   ($364,000)  and  $234,000,
  respectively,  for those periods.  The financial  results of the Partnership are
  discussed below.
  
  Comcast Cablevision of Detroit
  
  The Partnership  realized operating income before  depreciation and amortization
  (commonly referred to in the Partnership's business as "operating cash flow") of
  $17.7  million,  $16.7  million,  $6.0 million and $5.6 million for the nine and
  three  months  ended  September  30, 1995 and 1994,  respectively,  representing
  increases of $1.0 million or 6% and $400,000 or 7% from 1994 to the same periods
  in 1995. These changes are a result of the items discussed below. Operating cash
  flow is presented as a measure of the Partnership's  ability to generate cash to
  service its  obligations,  including  debt service  obligations,  and to finance
  capital and other  expenditures.  In part due to the capital intensive nature of
  the   telecommunications   industry  and  the  significant   level  of  non-cash
  depreciation and amortization expense, operating cash flow is frequently used as
  one of the bases for comparing  companies in the industry.  Operating  cash flow
  does not  purport to  represent  net income or net cash  provided  by  operating
  activities,  as those  terms are defined  under  generally  accepted  accounting
  principles,  and should not be considered as an alternative to such measurements
  as an indicator of the Partnership's performance.
  
  The Partnership realized service income of $50.6 million,  $49.2 million,  $17.1
  million and $16.1 million for the nine and three months ended September 30, 1995
  and 1994,  respectively,  representing  increases of $1.4 million or 3% and $1.0
  million or 6% from 1994 to the same periods in 1995. The fluctuations in service
  income are  principally  due to changes in subscribers  and  additional  product
  offerings.
  
  Operating,  selling,  general and  administrative  expenses were $33.0  million,
  $32.5  million,  $11.1  million and $10.6  million for the nine and three months
  ended  September  30, 1995 and 1994,  respectively,  representing  increases  of
  $500,000 or 2% and  $500,000 or 5% from 1994 to the same  periods in 1995.  Such
  expenses have remained  relatively  consistent  between periods primarily due to
  operating  efficiencies  realized as a result of the Share  Purchase,  offset by
  cost  increases   predominantly   associated  with  subscriber   growth.  It  is
  anticipated that the Partnership's cost of
  
  <PAGE>11
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  cable  programming  will  increase  in the  future  as cable  programming  rates
  increase and additional sources of cable programming become available.
  
  Depreciation  and  amortization  expense was $19.6 million,  $7.4 million,  $6.5
  million and $2.4 million for the nine and three months ended  September 30, 1995
  and 1994, respectively, representing increases of $12.2 million and $4.1 million
  from 1994 to the same periods in 1995.  The  increases  are primarily due to the
  effects of  establishing a new cost basis for the assets  purchased in the Share
  Purchase.
  
  Interest expense was $9.3 million,  $2.3 million,  $3.2 million and $833,000 for
  the nine and three  months  ended  September  30,  1995 and 1994,  respectively,
  representing  increases  of $7.0  million and $2.3 million from 1994 to the same
  periods  in 1995.  The  increases  are  principally  due to the  effects of debt
  assumed by the Partnership in connection with the Share Purchase.
  
  Statement of Cash Flows
  
  Cablevision Investment of Detroit, Inc.
  
  Cash  decreased $1.0 million at September 30, 1995 from December 31, 1994 due to
  the effects of net investing transactions with affiliates.
  
  Cable Rate Regulation Developments
  
  On March 30, 1994, the FCC, among other things,  adopted interim  regulations to
  govern   cost-of-service   showings   by  cable   operators,   establishing   an
  industry-wide 11.25% after tax rate of return and a rebuttable  presumption that
  acquisition  costs above original  historic book value of tangible assets should
  be excluded  from the rate base;  and  reconsidered,  among other  matters,  its
  regulations  concerning  rates for the  addition of  regulated  services and the
  treatment of packages of "a la carte"  channels.  The  Partnership  is currently
  seeking to justify certain of its existing rates on the basis of cost-of-service
  showings at the City.  Although management believes that the Partnership's rates
  are supportable in a cost of service proceeding,  no assurance can be given that
  the Partnership will be successful. If the Partnership is not successful in such
  efforts, and there is no legislative, administrative or judicial relief, the FCC
  regulations may adversely affect the Partnership's results of operations.
  
  PART II. OTHER INFORMATION
  
       ITEM 4.  Submission of Matters to a Vote of Security Holders
  
       At the Annual  Meeting on July 14,  1995,  the  shareholders  approved  the
       following proposals:
  
       To elect  four  directors  to serve for the  ensuing  year and until  their
       respective successors shall have been duly elected and qualified.
  
                Director                            For                Withheld
                --------                            ---                --------
           Ralph J. Roberts                        973,132                174
           Julian A. Brodsky                       973,120                186
           Brian L. Roberts                        973,132                174
           Stanley L. Wang                         973,132                174
  
  
  <PAGE>12
  
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
       Ratify  the   appointment  of  Deloitte  &  Touche  LLP  as  the  Company's
       independent auditors for the 1995 fiscal year.
  
                 For                    Against                 Abstain
                 ---                    -------                 -------
               973,170                    12                      124
  
  
       ITEM 6.  Exhibits and Reports on Form 8-K
  
       (a) Exhibits required to be filed by Item 601 of Regulation S-K:
  
           27   Financial Data Schedule.
  
       (b) Reports on Form 8-K - None
  
  
  
  <PAGE>13
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
                                     SIGNATURE
  
       Pursuant to the  Requirements  of the  Securities and Exchange Act of 1934,
  the  Registrant  has duly  caused  this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
  
  
                                        CABLEVISION INVESTMENT OF DETROIT, INC.
  
  
  
  
  
  
  
  
                                        /s/ LAWRENCE S. SMITH
                                        ---------------------------------------
                                            Lawrence S. Smith
                                            Senior Vice President
                                            Accounting and Administration
                                            (Chief Accounting Officer)
  
  
  
  Date: November 14, 1995
metadata_documents: [{"type": "10-Q", "sequence": "1", "secsgml_size_bytes": 47819}]
metadata_filer: {"company-data": {"conformed-name": "CABLEVISION INVESTMENT OF DETROIT INC", "cik": "0000806003", "assigned-sic": "4841", "irs-number": "382697922", "state-of-incorporation": "MI", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "10-Q", "act": "34", "file-number": "000-16767", "film-number": "95591911"}, "business-address": {"street1": "C/O COMCAST CORP", "street2": "1500 MARKET STREET", "city": "PHILADELPHIA", "state": "PA", "zip": "19102-2148", "phone": "215-665-1700"}, "mail-address": {"street1": "C/O COMCAST CORP", "street2": "1500 MARKET STREET", "city": "PHILADELPHIA", "state": "PA", "zip": "19102-2148"}}
text: UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C. 20549
  
                                     FORM 10-Q
  (Mark One)
  
  (X)  Quarterly  Report  pursuant  to  Section  13 or 15(d) of the  Securities
       Exchange Act of 1934 For the Quarterly Period Ended:
  
                                 SEPTEMBER 30, 1995
  
                                         OR
  
  ( )  Transition  Report  pursuant  to Section  13 or 15(d) of the  Securities
       Exchange Act of 1934 For the Transition Period from ________ to ________.
  
                           Commission File Number 0-16767
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
               (Exact name of registrant as specified in its charter)
  
                MICHIGAN                                 38-2697922
  
        (State or other jurisdiction of                (I.R.S. Employer
        incorporation or organization)                Identification No.)
  
                              c/o Comcast Corporation
                  1500 Market Street, Philadelphia, PA 19102-2148
  
                      (Address of principal executive offices)
                                     (Zip Code)
  
  Registrant's telephone number, including area code:  (215) 665-1700
  
  Indicate by check mark whether the registrant (1) has filed all reports required
  to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
  the preceding  twelve months (or for such shorter period that the registrant was
  required to file such  reports),  and (2) has been subject to such  requirements
  for the past 90 days.
  
           Yes  __X__                                         No ____
  
  As  of  September  30,  1995,  there  were  1,000,000  shares  of  Common  Stock
  outstanding.
  CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
                                 TABLE OF CONTENTS
  
                                                                             Page
                                                                            Number
  
  PART I.  FINANCIAL INFORMATION
  
           Item 1.  Financial Statements
  
                    Condensed Balance Sheet at September 30, 1995
                    and December 31, 1994 (Unaudited).........................2
  
                    Condensed Statement of Operations and
                    Accumulated Deficit for the Nine and Three Months
                    Ended September 30, 1995 and 1994 (Unaudited).............3
  
                    Condensed Statement of Cash Flows for the
                    Nine Months Ended September 30, 1995 and 1994
                    (Unaudited)...............................................4
  
                    Notes to Condensed Financial Statements
                    (Unaudited)...........................................5 - 8
  
           Item 2.  Management's Discussion and Analysis
                    of Financial Condition and Results of
                    Operations...........................................9 - 11
  
  PART II. OTHER INFORMATION
  
           Item 4.  Submission of Matters to a Vote of 
                    Security Holders....................................11 - 12
  
           Item 6.  Exhibits and Reports on Form 8-K.........................12
  2
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  PART I.  FINANCIAL INFORMATION
  
  ITEM 1.  FINANCIAL STATEMENTS
  
                              CONDENSED BALANCE SHEET
                                    (Unaudited)
  (Dollars in thousands)
                                                                            September 30,           December 31,
                                                                                1995                     1994
                                                                             ----------              -----------
  ASSETS
  
  CURRENT ASSETS
      Cash..........................................................             $106                    $1,125
      Due from affiliate............................................            1,005
      Other assets..................................................                                          4
                                                                              -------                   -------
            Total current assets....................................            1,111                     1,129
                                                                              -------                   -------
  
  INVESTMENT IN COMCAST CABLEVISION OF DETROIT......................            6,984                     8,534
                                                                              -------                   -------
  
  DEFERRED CHARGES..................................................            7,880                     7,839
      Accumulated amortization......................................             (312)                      (18)
                                                                              -------                   -------
      Deferred charges, net.........................................            7,568                     7,821
                                                                              -------                   -------
                                                                              $15,663                   $17,484
                                                                              =======                   =======
  
  LIABILITIES AND STOCKHOLDERS' EQUITY
  
  CURRENT LIABILITIES
      Accounts payable .............................................               $8                       $12
                                                                              -------                   -------
            Total current liabilities...............................                8                        12
                                                                              -------                   -------
  
  DEFERRED INCOME TAXES.............................................            7,339                     7,823
                                                                              -------                   -------
  
  COMMITMENTS AND CONTINGENCIES
  
  STOCKHOLDERS' EQUITY
      Common stock, $.01 par value - authorized,
         4,000,000 shares; issued, 1,000,000 .......................               10                        10
      Additional capital............................................            9,253                     9,686
      Accumulated deficit...........................................             (947)                      (47)
                                                                              -------                   -------
            Total stockholders' equity..............................            8,316                     9,649
                                                                              -------                   -------
                                                                              $15,663                   $17,484
                                                                              =======                   =======
  See notes to condensed financial statements.
  3
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
             CONDENSED STATEMENT OF OPERATIONS AND ACCUMULATED DEFICIT
                                    (Unaudited)
  (Amounts in thousands, except per share data)
                                                                         Nine Months Ended          Three Months Ended
                                                                           September 30,               September 30,
                                                                         1995         1994           1995         1994
                                                                       --------     --------       --------     --------
                                                                                  (Predecessor               (Predecessor
                                                                                   Corporation)               Corporation)
  INCOME
     Interest income..............................................         $52          $33           $19          $16
     Equity in net (loss) income of Comcast
          Cablevision of Detroit..................................      (1,117)         721          (364)         234
                                                                       -------      -------       -------      -------
                                                                        (1,065)         754          (345)         250
                                                                       -------      -------       -------      -------
  
  EXPENSES
      Amortization................................................         294          423            98          141
      Administrative..............................................          25           26            16            8
                                                                       -------      -------       -------      -------
                                                                           319          449           114          149
                                                                       -------      -------       -------      -------
  
  (LOSS) INCOME BEFORE INCOME
     TAX BENEFIT..................................................      (1,384)         305          (459)         101
                                                                       -------      -------       -------      -------
  
  INCOME TAX BENEFIT..............................................        (484)                      (160)
                                                                       -------      -------       -------      -------
  
  NET (LOSS) INCOME...............................................        (900)         305          (299)         101
  
  ACCUMULATED DEFICIT
      Beginning of period.........................................         (47)      (3,465)         (648)      (3,261)
      Dividends declared - $1.25 per share........................                   (1,250)                    (1,250)
                                                                       -------      -------       -------      -------
      End of period...............................................       ($947)     ($4,410)        ($947)     ($4,410)
                                                                       =======      =======       =======      ======= 
  
  NET (LOSS) INCOME PER SHARE.....................................       ($.90)        $.31         ($.30)        $.10
                                                                       =======      =======       =======      ======= 
  
  WEIGHTED AVERAGE NUMBER OF COMMON
      SHARES OUTSTANDING DURING THE PERIOD........................       1,000        1,000         1,000        1,000
                                                                       =======      =======       =======      =======
  See notes to condensed financial statements.
  4
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                         CONDENSED STATEMENT OF CASH FLOWS
                                    (Unaudited)
  (Dollars in thousands)
                                                                                     Nine Months Ended September 30,
                                                                                     1995                       1994
                                                                                    ------                     ------
                                                                                                            (Predecessor
                                                                                                            Corporation)
  OPERATING ACTIVITIES
       Net (loss) income .......................................                       ($900)                      $305
          Noncash items included in net (loss) income:
             Equity in net loss (income) of Comcast
                 Cablevision of Detroit.........................                       1,117                       (721)
             Amortization.......................................                         294                        423
             Deferred income tax benefit........................                        (484)
                                                                                    --------                   --------
                                                                                          27                          7
  
          Decrease (increase) in other assets...................                           4                         (3)
          Decrease in accounts payable..........................                          (4)                        (1)
                                                                                    --------                   --------
  
                 Net cash provided by operating activities......                          27                          3
                                                                                    --------                   --------
  
  FINANCING ACTIVITIES
       Dividends ...............................................                                                 (1,250)
                                                                                    --------                   --------
  
                 Net cash used in financing activities..........                                                 (1,250)
                                                                                    --------                   --------
  
  INVESTING ACTIVITIES
       Net transactions with affiliates.........................                      (1,005)                     1,000
       Distribution received from Comcast
          Cablevision of Detroit................................                                                  1,250
       Purchase of short-term investment........................                                                 (1,011)
       Other....................................................                         (41)
                                                                                    --------                   --------
  
                 Net cash (used in) provided by
                   investing activities.........................                      (1,046)                     1,239
                                                                                    --------                   --------
  
  DECREASE IN CASH..............................................                      (1,019)                        (8)
  
       Cash, Beginning of Period................................                       1,125                        119
                                                                                    --------                   --------
  CASH, End of Period...........................................                        $106                       $111
                                                                                    ========                   ========
  See notes to condensed financial statements.
  5
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                      NOTES TO CONDENSED FINANCIAL STATEMENTS
                                    (Unaudited)
  
  1.   CONDENSED FINANCIAL STATEMENTS
  
       Organization
  
       Cablevision  Investment of Detroit,  Inc. (the  "Company"),  an approximate
       96.5% owned  subsidiary of Com MH Cable TV, Inc.  (formerly  Maclean Hunter
       Cable TV, Inc.) ("Cable TV"), a Michigan corporation,  is a general partner
       which holds a 10%  partnership  interest in Comcast  Cablevision of Detroit
       (formerly Barden Cablevision and referred to herein as the  "Partnership"),
       a  Michigan  general   partnership.   The  Partnership   operates  a  cable
       communications  system  pursuant to a franchise  agreement with the city of
       Detroit,  Michigan (the "City").  Effective December 22, 1994 (see Note 2),
       Cable  TV  became  an  indirect   majority  owned   subsidiary  of  Comcast
       Corporation  ("Comcast"),  a Pennsylvania  corporation  which is a publicly
       owned company.
  
       Basis of Presentation
  
       The condensed  balance sheet at December 31, 1994 has been  condensed  from
       the audited  balance  sheet at that date.  The  condensed  balance sheet at
       September 30, 1995, the condensed  statement of operations and  accumulated
       deficit for the nine and three months ended September 30, 1995 and 1994 and
       the condensed  statement of cash flows for the nine months ended  September
       30,  1995 and 1994  have been  prepared  by the  Company  and have not been
       audited  by  the  Company's   Independent   Auditors.  In  the  opinion  of
       management,   all   adjustments   (which  include  only  normal   recurring
       adjustments) necessary to present fairly the financial position, results of
       operations  and cash flows as of  September  30,  1995 and for all  periods
       presented have been made.
  
       Certain information and note disclosures normally included in the Company's
       annual financial  statements prepared in accordance with generally accepted
       accounting  principles  have been  condensed  or omitted.  These  condensed
       financial  statements  should  be read in  conjunction  with the  financial
       statements  and notes thereto  included in the Company's  December 31, 1994
       Annual  Report  on  Form  10-K  filed  with  the  Securities  and  Exchange
       Commission.  The results of operations for the periods ended  September 30,
       1995 are not necessarily indicative of operating results for the full year.
  
       Net (Loss) Income Per Share
  
       Net (loss)  income  per share is based on the  weighted  average  number of
       common  shares  outstanding.  The Company has no common  share  equivalents
       outstanding.
  
       Reclassifications
  
       Certain  reclassifications  have been made to the 1994 financial statements
       to conform with the classifications used in 1995.
  
  2.   MACLEAN HUNTER ACQUISITION
  
       On  March  31,  1994,   Rogers   Communications   Inc.   ("RCI")   acquired
       substantially  all of the  outstanding  shares of capital  stock of Maclean
       Hunter  Limited,  which was  formerly  the parent of Maclean  Hunter,  Inc.
       ("MHI").  On December  22,  1994,  pursuant to a share  purchase  agreement
       between  Comcast  and  RCI,  Comcast  MH  Holdings,  Inc.  ("MH  Holdings")
       purchased all of the issued and outstanding  shares of capital stock of MHI
       and, in  conjunction  with a separate  agreement with the  shareholders  of
       Comcast Michigan Holdings,  Inc. (formerly Barden Communications,  Inc. and
       referred to herein as "CMH"),  acquired  all of the issued and  outstanding
       shares  of  capital  stock  of CMH,  for an  aggregate  purchase  price  of
       approximately  $1.2 billion  (subject to certain  adjustments) in cash (the
       purchase  of the  shares of MHI is  referred  to  herein as the "MHI  Share
       Purchase" and,  together with the purchase of the CMH shares, as the "Share
       Purchase").  MH Holdings is an indirect wholly owned  subsidiary of Comcast
       MHCP Holdings,  L.L.C.  ("MHCP"), a Delaware limited liability corporation.
       MHCP is owned 55% by a wholly  owned  subsidiary  of Comcast and 45% by the
       California Public Employees'
  6
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
                                    (Unaudited)
  
       Retirement  System  ("CalPERS"),  and is managed by Comcast.  The MHI Share
       Purchase  resulted in a change of control of the Company  because Cable TV,
       the  Company's  parent,  became an indirect  wholly owned  subsidiary of MH
       Holdings.  In addition,  the Share Purchase resulted in a change of control
       of the  Partnership  because the  partners  became  substantially  indirect
       wholly owned subsidiaries of MH Holdings.
  
       As a result of the Share Purchase, a new cost basis was established for the
       purchased assets and liabilities. The financial position of the Company and
       the  Partnership  as of September 30, 1995 and December 31, 1994, and their
       results of  operations  for the nine and three months ended  September  30,
       1995, reflect an allocation of the purchase price for the Share Purchase to
       the assets and  liabilities  of the  Company and the  Partnership  based on
       relative  estimated market values.  Such allocation is preliminary  pending
       the final  purchase price  adjustment  between  Comcast and RCI.  Financial
       information prior to the Share Purchase with respect to the Company and the
       Partnership  has been presented  herein as  "Predecessor  Corporation"  and
       "Predecessor Partnership," respectively.
  
  3.   INVESTMENT IN COMCAST CABLEVISION OF DETROIT
  
       The Company accounts for its investment in the Partnership under the equity
       method. The Company records its investment at cost and adjusts the recorded
       investment  periodically to recognize the Company's  proportionate share of
       the Partnership's net income or loss after the date of investment,  as well
       as any additional contributions made and distributions received.
  
       The  following  is  summarized  financial  information  with respect to the
       Partnership:
  
         Condensed Financial Position
         (Dollars in thousands)
  September 30,    December 31,
                                                                                1995             1994
                                                                                ----             ----
  Current assets..................................................       $4,959           $4,576
         Property and equipment, net.....................................       58,497           59,358
         Deferred charges, net...........................................      229,952          245,195
                                                                              --------         --------
                                                                              $293,408         $309,129
                                                                              ========         ========
  
         Current liabilities.............................................      $61,985          $63,136
         Long-term liabilities...........................................      161,582          160,647
         Partners' capital...............................................       69,841           85,346
                                                                              --------         --------
                                                                              $293,408         $309,129
                                                                              ========         ========
  7
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
                                    (Unaudited)
  
       Condensed Statement of Operations
       (Dollars in thousands)
  (Predecessor              (Predecessor
                                                                                Partnership)              Partnership)
                                                                        Nine Months Ended          Three Months Ended
                                                                          September 30,               September 30,
                                                                        1995         1994          1995         1994
                                                                      --------     --------      --------      ------
  Service income...........................................       $50,633      $49,211       $17,113      $16,128
                                                                      --------     --------      --------     --------
       Operating, selling, general and
        administrative expenses.................................        32,954       32,477        11,117       10,552
       Depreciation and amortization............................        19,550        7,415         6,469        2,444
                                                                      --------     --------      --------     --------
                                                                        52,504       39,892        17,586       12,996
                                                                      --------     --------      --------     --------
       Operating (loss) income .................................        (1,871)       9,319          (473)       3,132
       Interest expense.........................................         9,302        2,255         3,173          833
                                                                      --------     --------      --------     --------
       Net (loss) income for allocation to partners.............      ($11,173)      $7,064       ($3,646)      $2,299
                                                                      ========     ========      ========     ========
  Prior  to the  Share  Purchase,  the  Company  was  allocated  10.2% of the
       Partnership's  net  income  or  loss.   Contemporaneously  with  the  Share
       Purchase,  Detroit  Cable  TV,  Inc.  ("Detroit  Cable"),  a  wholly  owned
       subsidiary  of  Cable  TV,  exercised  its  option  to  acquire  additional
       interests in the Partnership of 0.2% from the Company and 0.8% from CMH for
       consideration  previously provided.  Following the Share Purchase,  Detroit
       Cable,   CMH  and  the  Company  hold   interests  of  50%,  40%  and  10%,
       respectively,  in the Partnership.  As a result of the Share Purchase,  the
       Company's recorded investment balance was increased to 10% of the new basis
       of the Partnership's net assets.
  
       Related Party Transactions 
  
       Effective December 22, 1994, management fees are charged to the Partnership
       pursuant to a management  agreement  between  Comcast and MH Holdings  (the
       "Management  Agreement").  Under  the  terms of the  Management  Agreement,
       Comcast will supervise the management and operation of the  Partnership for
       compensation  equal  to  4.5% of the  Partnership's  gross  revenues,  with
       payment  of  one-third  of such fees  being  deferred  by MH  Holdings.  In
       addition,  the  Management  Agreement  provides for the  reimbursement  and
       sharing of certain of Comcast's  actual costs relating to the operations of
       MH Holdings,  including the operations of the Partnership. For the nine and
       three months ended  September 30, 1995,  the  Partnership  was charged $2.3
       million and $770,000, respectively, under the Management Agreement.
  
       Effective December 22, 1994, the Partnership is also charged by Comcast for
       certain operating  expenses under a separate  agreement between Comcast and
       MH Holdings (the "Cost Sharing  Agreement").  These expenses are charged to
       MH Holdings,  and ultimately the Partnership,  by Comcast on the same basis
       that  approximates  what would have been charged if it  purchased  directly
       from the supplier, subject to certain adjustments and limitations.  For the
       nine and three months ended  September 30, 1995,  the amount charged to the
       Partnership  under the Cost Sharing  Agreement  was $14.6  million and $4.9
       million, respectively.
  
       Through  November 30, 1994,  the  Partnership  paid to Cable  Management of
       Detroit,  a partnership  formed by Cable TV and CMH, a monthly fee equal to
       6% of the  Partnership's  gross  revenues.  Fees  incurred for the nine and
       three  months  ended  September  30, 1994  totalled  $3.0  million and $1.0
       million, respectively.
  8
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
                NOTES TO CONDENSED FINANCIAL STATEMENTS - CONCLUDED
                                    (Unaudited)
  
       Through  December 21, 1994,  the  Partnership  purchased  certain  services
       jointly with an affiliate owned by Cable TV. Reimbursement to the affiliate
       for these  services for the nine and three months ended  September 30, 1994
       totalled $5.3 million and $1.7 million, respectively.
  
       For the nine and three months ended September 30, 1995, interest expense of
       $9.3 million and $3.2  million,  respectively,  represents  interest on the
       Partnership's assumed portion of the outstanding  borrowings of MH Holdings
       under the Assumption Agreement (see Note 4).
  
       Pension Plan
  
       On October 5, 1995,  the  Partnership  decided  to  terminate  its  defined
       benefit  pension  plan as soon as  practicable,  but prior to December  31,
       1995.  The  termination  of this plan is not expected to have a significant
       effect  on  the  financial   position  or  results  of  operations  of  the
       Partnership or the Company.
  
       Commitments and Contingencies
  
       The  Partnership is subject to legal  proceedings and claims which arise in
       the ordinary  course of its  business.  In the opinion of  management,  the
       amount  of  ultimate  liability  with  respect  to these  actions  will not
       materially  affect the financial  position and results of operations of the
       Partnership.
  
       On March 30, 1994, the Federal  Communications  Commission  ("FCC"),  among
       other  things,   adopted  interim  regulations  to  govern  cost-of-service
       showings by cable operators, establishing an industry-wide 11.25% after tax
       rate of return and a rebuttable  presumption that  acquisition  costs above
       original historic book value of tangible assets should be excluded from the
       rate  base;  and  reconsidered,   among  other  matters,   its  regulations
       concerning  rates for the addition of regulated  services and the treatment
       of packages of "a la carte" channels.  The Partnership is currently seeking
       to justify  certain of its existing  rates on the basis of  cost-of-service
       showings at the City.  Although  management believes that the Partnership's
       rates are supportable in a cost of service proceeding,  no assurance can be
       given that the  Partnership  will be successful.  If the Partnership is not
       successful in such efforts, and there is no legislative,  administrative or
       judicial relief, the FCC regulations may adversely affect the Partnership's
       results of operations.
  
  4.   STATEMENT OF CASH FLOWS - SUPPLEMENTAL INFORMATION
  
       In connection with the Share Purchase,  MH Holdings  entered into an $850.0
       million credit agreement with certain lenders (the "Credit Agreement").  On
       December 22, 1994, the Partnership entered into a loan assumption agreement
       (the  "Assumption  Agreement")  with MH Holdings  whereby the  Partnership,
       along with  certain  other  subsidiaries  of MH  Holdings,  would  assume a
       portion  of MH  Holdings'  obligations  under  the  Credit  Agreement.  The
       Partnership's  allocated  portion of the total  commitment under the Credit
       Agreement was $184.1 million, of which $154.9 million was outstanding as of
       December  31,  1994.  During the nine  months  ended  September  30,  1995,
       additional  borrowings  were  made  under  the  Credit  Agreement  and  the
       Partnership  was  allocated  an  additional  $4.3  million  pursuant to the
       Assumption Agreement,  with a corresponding  decrease in partners' capital.
       The Company has recorded a decrease in its  investment  in the  Partnership
       for its proportionate  share of this assumed liability of $433,000,  with a
       corresponding  decrease in additional  capital.  This  transaction has been
       excluded  from the Company's  condensed  statement of cash flows due to its
       noncash nature.
  
  5.   RELATED PARTY TRANSACTIONS
  
       As of September 30, 1995, the due from affiliate  balance includes interest
       bearing amounts due from MH Holdings of approximately $1.0 million.
  9
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION 
          AND RESULTS OF OPERATIONS
  
  Organization
  
  Cablevision  Investment of Detroit,  Inc. (the "Company"),  an approximate 96.5%
  owned  subsidiary of Com MH Cable TV, Inc.  (formerly  Maclean  Hunter Cable TV,
  Inc.) ("Cable TV"), a Michigan  corporation,  is a general partner which holds a
  10%  partnership  interest in Comcast  Cablevision of Detroit  (formerly  Barden
  Cablevision  and referred to herein as the  "Partnership"),  a Michigan  general
  partnership.  The  Partnership  operates  a  cable  communications  system  (the
  "System") pursuant to a franchise  agreement with the city of Detroit,  Michigan
  (the "City").  Effective December 22, 1994, Cable TV became an indirect majority
  owned subsidiary of Comcast Corporation ("Comcast"),  a Pennsylvania corporation
  which is a publicly owned company.
  
  Maclean Hunter Acquisition
  
  On March 31, 1994, Rogers Communications Inc. ("RCI") acquired substantially all
  of the outstanding shares of capital stock of Maclean Hunter Limited,  which was
  formerly  the parent of Maclean  Hunter,  Inc.  ("MHI").  On December  22, 1994,
  pursuant to a share  purchase  agreement  between  Comcast  and RCI,  Comcast MH
  Holdings,  Inc.  ("MH  Holdings")  purchased  all of the issued and  outstanding
  shares of capital  stock of MHI and, in  conjunction  with a separate  agreement
  with the  shareholders  of Comcast  Michigan  Holdings,  Inc.  (formerly  Barden
  Communications,  Inc.  and  referred  to herein as "CMH"),  acquired  all of the
  issued and outstanding shares of capital stock of CMH, for an aggregate purchase
  price of  approximately  $1.2 billion  (subject to certain  adjustments) in cash
  (the  purchase  of the  shares of MHI is  referred  to herein as the "MHI  Share
  Purchase"  and,  together  with the  purchase of the CMH  shares,  as the "Share
  Purchase").  MH Holdings is an indirect wholly owned  subsidiary of Comcast MHCP
  Holdings,  L.L.C.  ("MHCP"), a Delaware limited liability  corporation.  MHCP is
  owned 55% by a wholly  owned  subsidiary  of Comcast  and 45% by the  California
  Public Employees' Retirement System ("CalPERS"),  and is managed by Comcast. The
  MHI Share Purchase  resulted in a change of control of the Company because Cable
  TV, the  Company's  parent,  became an indirect  wholly owned  subsidiary  of MH
  Holdings. In addition, the Share Purchase resulted in a change of control of the
  Partnership  because the partners  became  substantially  indirect  wholly owned
  subsidiaries of MH Holdings.
  
  Contemporaneously  with the Share  Purchase,  Detroit  Cable TV, Inc.  ("Detroit
  Cable"),  a wholly owned subsidiary of Cable TV, exercised its option to acquire
  additional  interests in the  Partnership of 0.2% from the Company and 0.8% from
  CMH for consideration previously provided. Following the Share Purchase, Detroit
  Cable, CMH and the Company hold interests of 50%, 40% and 10%, respectively,  in
  the Partnership.
  
  Liquidity and Capital Resources
  
  The Company currently does not have any significant capital requirements.
  
  On July 29, 1994,  the Company  received a $1.25 million  distribution  from the
  Partnership.  On August 26, 1994,  the Company paid a $1.25 million  dividend to
  its shareholders.
  
  The Partnership's  capital  requirements,  anticipated to be approximately  $1.0
  million  during the  remainder of 1995,  are  principally  for  maintenance  and
  upgrading  of the  system.  The amount of such  capital  expenditures  for years
  subsequent to 1995 will depend on numerous factors, many of which are beyond the
  Partnership's  control.  These factors include whether competition in the market
  necessitates  a system  rebuild or upgrade,  whether  the system has  sufficient
  capacity  to handle new  product  offerings,  including  the  offering  of cable
  telephony and  telecommunications  services,  and whether and to what extent the
  Partnership will be able to recover its investment under Federal  Communications
  Commission ("FCC") rate guidelines.
  10
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  The Company  believes that the Partnership  will be able to meet its current and
  long-term  liquidity  and  capital  requirements,  including  its fixed  charges
  (interest expense),  through its cash flows from operating  activities and other
  sources of financing.
  
  Results of Operations
  
  As a result of the Share  Purchase,  a new cost  basis was  established  for the
  purchased assets and liabilities.  The financial position of the Company and the
  Partnership as of September 30, 1995 and December 31, 1994, and their results of
  operations  for the nine and three months ended  September 30, 1995,  reflect an
  allocation  of the  purchase  price for the Share  Purchase  to the  assets  and
  liabilities  of the Company  and the  Partnership  based on  relative  estimated
  market values.  Such allocation is preliminary  pending the final purchase price
  adjustment between Comcast and RCI.
  
  Cablevision Investment of Detroit, Inc.
  
  The Company  accounts for its  investment  in the  Partnership  under the equity
  method.  The Company  records its  investment  at cost and adjusts the  recorded
  investment  periodically to recognize the Company's  proportionate  share of the
  Partnership's  net income or loss after the date of  investment,  as well as any
  additional contributions made and distributions received.
  
  The Company realized net (loss) income of ($900,000),  $305,000,  ($299,000) and
  $101,000  for the nine and  three  months  ended  September  30,  1995 and 1994,
  respectively.  The results of operations  include equity in net (loss) income of
  the   Partnership  of  ($1.1)  million,   $721,000,   ($364,000)  and  $234,000,
  respectively,  for those periods.  The financial  results of the Partnership are
  discussed below.
  
  Comcast Cablevision of Detroit
  
  The Partnership  realized operating income before  depreciation and amortization
  (commonly referred to in the Partnership's business as "operating cash flow") of
  $17.7  million,  $16.7  million,  $6.0 million and $5.6 million for the nine and
  three  months  ended  September  30, 1995 and 1994,  respectively,  representing
  increases of $1.0 million or 6% and $400,000 or 7% from 1994 to the same periods
  in 1995. These changes are a result of the items discussed below. Operating cash
  flow is presented as a measure of the Partnership's  ability to generate cash to
  service its  obligations,  including  debt service  obligations,  and to finance
  capital and other  expenditures.  In part due to the capital intensive nature of
  the   telecommunications   industry  and  the  significant   level  of  non-cash
  depreciation and amortization expense, operating cash flow is frequently used as
  one of the bases for comparing  companies in the industry.  Operating  cash flow
  does not  purport to  represent  net income or net cash  provided  by  operating
  activities,  as those  terms are defined  under  generally  accepted  accounting
  principles,  and should not be considered as an alternative to such measurements
  as an indicator of the Partnership's performance.
  
  The Partnership realized service income of $50.6 million,  $49.2 million,  $17.1
  million and $16.1 million for the nine and three months ended September 30, 1995
  and 1994,  respectively,  representing  increases of $1.4 million or 3% and $1.0
  million or 6% from 1994 to the same periods in 1995. The fluctuations in service
  income are  principally  due to changes in subscribers  and  additional  product
  offerings.
  
  Operating,  selling,  general and  administrative  expenses were $33.0  million,
  $32.5  million,  $11.1  million and $10.6  million for the nine and three months
  ended  September  30, 1995 and 1994,  respectively,  representing  increases  of
  $500,000 or 2% and  $500,000 or 5% from 1994 to the same  periods in 1995.  Such
  expenses have remained  relatively  consistent  between periods primarily due to
  operating  efficiencies  realized as a result of the Share  Purchase,  offset by
  cost  increases   predominantly   associated  with  subscriber   growth.  It  is
  anticipated that the Partnership's cost of
  11
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
  cable  programming  will  increase  in the  future  as cable  programming  rates
  increase and additional sources of cable programming become available.
  
  Depreciation  and  amortization  expense was $19.6 million,  $7.4 million,  $6.5
  million and $2.4 million for the nine and three months ended  September 30, 1995
  and 1994, respectively, representing increases of $12.2 million and $4.1 million
  from 1994 to the same periods in 1995.  The  increases  are primarily due to the
  effects of  establishing a new cost basis for the assets  purchased in the Share
  Purchase.
  
  Interest expense was $9.3 million,  $2.3 million,  $3.2 million and $833,000 for
  the nine and three  months  ended  September  30,  1995 and 1994,  respectively,
  representing  increases  of $7.0  million and $2.3 million from 1994 to the same
  periods  in 1995.  The  increases  are  principally  due to the  effects of debt
  assumed by the Partnership in connection with the Share Purchase.
  
  Statement of Cash Flows
  
  Cablevision Investment of Detroit, Inc.
  
  Cash  decreased $1.0 million at September 30, 1995 from December 31, 1994 due to
  the effects of net investing transactions with affiliates.
  
  Cable Rate Regulation Developments
  
  On March 30, 1994, the FCC, among other things,  adopted interim  regulations to
  govern   cost-of-service   showings   by  cable   operators,   establishing   an
  industry-wide 11.25% after tax rate of return and a rebuttable  presumption that
  acquisition  costs above original  historic book value of tangible assets should
  be excluded  from the rate base;  and  reconsidered,  among other  matters,  its
  regulations  concerning  rates for the  addition of  regulated  services and the
  treatment of packages of "a la carte"  channels.  The  Partnership  is currently
  seeking to justify certain of its existing rates on the basis of cost-of-service
  showings at the City.  Although management believes that the Partnership's rates
  are supportable in a cost of service proceeding,  no assurance can be given that
  the Partnership will be successful. If the Partnership is not successful in such
  efforts, and there is no legislative, administrative or judicial relief, the FCC
  regulations may adversely affect the Partnership's results of operations.
  
  PART II. OTHER INFORMATION
  
       ITEM 4.  Submission of Matters to a Vote of Security Holders
  
       At the Annual  Meeting on July 14,  1995,  the  shareholders  approved  the
       following proposals:
  
       To elect  four  directors  to serve for the  ensuing  year and until  their
       respective successors shall have been duly elected and qualified.
  
                Director                            For                Withheld
                --------                            ---                --------
           Ralph J. Roberts                        973,132                174
           Julian A. Brodsky                       973,120                186
           Brian L. Roberts                        973,132                174
           Stanley L. Wang                         973,132                174
  12
  
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
       Ratify  the   appointment  of  Deloitte  &  Touche  LLP  as  the  Company's
       independent auditors for the 1995 fiscal year.
  
                 For                    Against                 Abstain
                 ---                    -------                 -------
               973,170                    12                      124
  
       ITEM 6.  Exhibits and Reports on Form 8-K
  
       (a) Exhibits required to be filed by Item 601 of Regulation S-K:
  
           27   Financial Data Schedule.
  
       (b) Reports on Form 8-K - None
  13
                      CABLEVISION INVESTMENT OF DETROIT, INC.
                                     FORM 10-Q
                          QUARTER ENDED SEPTEMBER 30, 1995
  
                                     SIGNATURE
  
       Pursuant to the  Requirements  of the  Securities and Exchange Act of 1934,
  the  Registrant  has duly  caused  this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
                                        CABLEVISION INVESTMENT OF DETROIT, INC.
  
                                        /s/ LAWRENCE S. SMITH
                                        ---------------------------------------
                                            Lawrence S. Smith
                                            Senior Vice President
                                            Accounting and Administration
                                            (Chief Accounting Officer)
  
  Date: November 14, 1995