Rainbow Media Holdings LLC Appoints Mike Dipasquale Executive Vice President, Operations

NEW YORK, NY – April 29, 2008 – Rainbow Media Holdings LLC, a subsidiary of Cablevision Systems Corporation, (NYSE: CVC), today announced the promotion of Mike DiPasquale from senior vice president, Operations to executive vice president, Operations. He will continue to report to Josh Sapan, president and chief executive officer, Rainbow Media.

Mr. DiPasquale is responsible for leading the operations of several key areas of Rainbow Media's corporate infrastructure. These include managing: 11 Penn TV, a unit that oversees Rainbow Media's New York City studios and post production activities; Rainbow Network Communications, the company's full service network programming and distribution company; and Rainbow's Creative Services, Information Systems, Research and Facilities departments. With this promotion, he will take on oversight and management of PVI Virtual Media Services, which provides real-time virtual enhancement technology solutions for television.

Mr. DiPasquale has been with Rainbow Media Holdings since the company was founded, nearly three decades ago. He has held a variety of management positions to support the company's growth and the evolution of its businesses into robust entertainment brands, including director of Accounting, director of Finance, vice president of Finance, and senior vice president of Finance and Operations.

"Mike has a long and exceptional history with Rainbow Media and has been key to helping the Company evolve into the entertainment leader that it is today," said Mr. Sapan. "I'm pleased to give Mike this opportunity to broaden his scope of responsibilities, and I look forward to many more accomplishments from him and his team."

Mr. DiPasquale holds a Bachelor of Business Administration degree in accounting from Hofstra University, and is a member of the Cable & Telecommunications Association for Marketing (CTAM). He also serves as a board member for the Accompora Foundation.

About Rainbow Media Holdings LLC
Rainbow Media Holdings LLC is a subsidiary of Cablevision Systems Corporation (NYSE: CVC). Rainbow Media is a leading producer of targeted, multi-platform content for global distribution, creating and managing some of the world's most compelling and dynamic entertainment brands, including AMC, IFC, WE tv, LIFESKOOL, SPORTSKOOL, and VOOM HD Networks. Through its IFC Entertainment division, Rainbow Media also owns and manages the following: IFC Films, a theatrical feature film distribution company; IFC First Take/IFC in Theaters, a day and date theatrical feature film/VOD initiative; the IFC Center in New York City; IFC Productions, a feature film production company; and IFC Entertainment, which owns and operates a film library. Rainbow Media also operates Rainbow Advertising Sales Corporation, its advertising sales company, and Rainbow Network Communications, its full service network programming origination and distribution company.