Cablevision Issues Updated Statement On ABC Disney

Cablevision Systems Corporation (NYSE: CVC) continues to urge ABC Disney to listen to government officials and consumers and not pull the plug on WABC at midnight on Saturday, March 6, 2010 while the negotiations continue. Cablevision has announced that it will leave the WABC Channel position open and available and that the switch is in Disney President and CEO Bob Iger's hands.

Charles Schueler, Cablevision's executive vice president of communications, said:

"There is one man who is going to decide whether New York gets to see the Oscars, and that's Disney President and CEO Bob Iger.  Cablevision already pays Disney more than $200 million a year and now they are demanding $40 million more.  We call on Bob Iger to stop holding his own viewers hostage, end his threats to pull the plug on ABC at midnight and instead work with us to reach a fair agreement.  The switch is in Bob Iger's hands."

Cablevision customers should urge ABC Disney not to pull their programming by calling 1-877-NO-TV-TAX, visiting http://www.cablevision.com/abc or joining its Facebook group "Cablevision Viewers Say: No New Fees, ABC!"