Networks:

WE: Women’s Entertainment Acquires Exclusive Off-Network Premiere of “Felicity”

Series Premieres In October 2002

Pasadena, CA, January 17, 2002 – WE: WOMEN'S ENTERTAINMENT announced today the acquisition of "Felicity," the Emmy and Golden Globe Award-winning dramatic series. The exclusive off-network deal includes all four seasons of the hit show. "Felicity," acquired from Buena Vista Television, will debut on the network in October 2002.

"We chose 'Felicity' as our first off-network series acquisition for its widespread appeal to women, relevant themes and quality writing," commented Martin von Ruden, Executive Vice President and General Manager of WE: WOMEN'S ENTERTAINMENT. "We are proud to offer 'Felicity' exclusively to it's fans on WE: WOMEN'S ENTERTAINMENT."

The series, which the Washington Post called "the best new drama of the season" in 1998, has earned numerous awards including an Emmy Award for Best Cinematography. After only one season, Keri Russell received a Golden Globe Award for Best Actress.

FELICITY was created by J.J. Abrams and Matt Reeves and is executive produced by Abrams, Reeves, Ron Howard, Brian Grazer and John Eisendrath. The series is from Imagine Entertainment in association with Touchstone Television Productions, LLC.

WE: WOMEN'S ENTERTAINMENT is a service of AMC NETWORKS. WE: WOMEN'S ENTERTAINMENT gives women a chance to relax and a way to recharge through entertainment that connects them on an emotional level. WE: WOMEN'S ENTERTAINMENT features the largest collection of women's interest films, inspiring original series and topical specials. The network currently has 43 million subscribers.

A subsidiary of Cablevision Systems Corporation (NYSE:CVC) and NBC, Rainbow Media Holdings, Inc. manages Bravo, The Independent Film Channel, American Movie Classics, WE: Women's Entertainment, MuchMusic USA, Rainbow Sports, News 12 Networks and MetroChannels as well as the Rainbow Advertising Sales Corporation and Rainbow Network Communications. In addition, Rainbow is a fifty-percent partner in FOX Sports Net. Metro-Goldwyn-Mayer Inc. (NYSE:MGM) owns a 20 percent stake in four of Rainbow's national networks – AMC, Bravo, IFC and WE: Women's Entertainment. A new series of Cablevision common stock – Rainbow Media Group tracking stock (NYSE:RMG) – began trading on the NYSE on March 30th. The assets that comprise Rainbow Media Group tracking stock include: Rainbow's five national networks, the company's interest in the national service FOX Sports Net, and Rainbow's 5 regional sports channels outside of the New York market, and Rainbow Network Communications.

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