Cablevision Statement On Supreme Court Ruling Clearing Way For Remote Storage-DVR

Cablevision Statement On Supreme Court Ruling Clearing Way For Remote Storage-DVR

BETHPAGE, N.Y., June 29 /PRNewswire-FirstCall/ -- Cablevision Systems Corp. (NYSE:CVC) today released the following statement from Chief Operating Officer Tom Rutledge in response to the decision by the Supreme Court of the United States not to hear an appeal in the remote storage-DVR litigation.

"This is a tremendous victory, and it opens up the possibility of offering a DVR experience to all of our digital cable customers. At the same time, we are mindful of the potential implications for ad skipping and the concerns this has raised in the programming community. We believe there are ways to take this victory and work with programmers to give our customers what they want -- full DVR functionality through existing digital set-top boxes -- and at the same time deliver real benefits to advertisers. This landmark case gives the cable industry, and Cablevision in particular, the opportunity to do something that our satellite competitors cannot do. We expect to begin deploying the first application of this new technology, the ability to pause live television when the phone rings, as a value-added benefit to our customers later this summer."

About Cablevision

Cablevision Systems Corporation (NYSE:CVC) is one of the nation's leading media and entertainment companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO TV(R) digital television, Optimum Online(R) high-speed Internet, Optimum Voice(R) digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision operates several successful programming businesses, including AMC, IFC, Sundance Channel and WE tv, through Rainbow Media Holdings LLC, and serves the New York area as publisher of Newsday and other niche publications through Newsday Media Group. In addition to these businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates New York's famed Radio City Music Hall, the Beacon Theatre, and the Chicago Theatre, and owns and operates Clearview Cinemas.

Source: Cablevision Systems Corporation

CONTACT: Jim Maiella, +1-516-803-3947

Web Site: http://www.cablevision.com/

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