Cablevision Ushers in the Holidays with Great Savings for Optimum Rewards Members

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Optimum Rewards® Program Offers Great Savings, On Holiday Gifts And Family Experiences.

Throughout the year we have continued to enhance the program with meaningful savings from popular retailers and discounts on host of new experiences for the entire family as we strive to deliver more value to our customers.

Cablevision is ushering in the holiday season with a variety of money-saving discounts from leading retailers and family-focused attractions available to Optimum Rewards members. Reflecting the ongoing value of membership in the Optimum Rewards program, holiday savings include discounts from top retailers like HSN, Godiva and the Woodbury Common Premium Outlets® as well as family attractions including the Radio City Christmas Spectacular, recently re-opened Intrepid, Sea, Air & Space Museum, Six Flags and Hersheypark. Members can also enjoy savings from Steiner Sports Memorabilia, Friendly's Restaurants and ProFlowers as well as discounts at Meyers Parking facilities and Madame Tussauds in Manhattan.

Optimum Rewards is a free rewards program offering qualifying customers who have all three Optimum services an automatic monthly bottom-of-the-bill discount. Customers who sign up for the program also enjoy additional benefits, which include discounted and free movies at all Clearview Cinemas locations, ongoing discounts at a variety of top area attractions, the opportunity to win unique experiences and savings from participating retailers.

Residential customers who have all three Optimum Services: iO TV® service with Family cable and above, Optimum Online® and Optimum Voice® can quickly and easily sign up for Optimum Rewards membership at http://www.optimumrewards.com and learn about holiday discounts and more.

"Cablevision is pleased to offer our Optimum Rewards holiday discounts, which include significant savings from several of the area's top holiday merchants and family attractions, and represent the ongoing benefits of membership in the Optimum Rewards program," said Gemma Toner Cablevision's senior vice president of marketing and business development. "Throughout the year we have continued to enhance the program with meaningful savings from popular retailers and discounts on host of new experiences for the entire family as we strive to deliver more value to our customers."

Exclusive Optimum Rewards Holiday Discounts

Radio City Christmas Spectacular
Save $15 off select performances of the Radio City Christmas Spectacular through 12/09/08

Friendly's Restaurants    
Receive a Free 3 scoop sundae with order of any entree through 2/28/09

Godiva
Save 15% at godiva.com through 12/14/08

Hersheypark
Receive discounted Hershey Park Christmas Candylane tickets for $7.95 per person, exclusive rates for overnight accommodations for the Hotel Hershey & the Hershey Lodge, and a free Car Pass for Sweet Lights Drive Thru ($20 value). Valid through 12/29/08

HSN
Receive $20 off your first purchase of $40 or more through 1/15/09

Intrepid Museum    
Receive 15% off general admission tickets through 1/15/09

Madame Tussauds    
Buy one full price adult ticket get one free through 1/15/09

Meyers Parking    
Receive a $20 flat rate for up to 10 hours at all Meyers parking facilities in New York City though 1/15/09

ProFlowers    
Save 49% on Candy Cane roses and 15% site wide at Proflowers.com through 1/15/09

Six Flags
Save 50% on 1 day tickets through 1/15/09

Steiner Sports Memorabilia    
Receive 15% off purchases at http://www.steinersports.com

Woodbury Common Premium Outlets®    
Receive a free VIP Coupon Book (value $10) worth hundreds of dollars in additional savings at participating stores at Woodbury Common Premium Outlets through 1/15/09

For complete details about how to receive Optimum Rewards Discounts and a full list of program benefits see http://www.optimumrewards.com.

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® digital television, Optimum Online® high-speed Internet, Optimum Voice® 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.

CONTACT:
Patrick MacElroy
516-803-1249

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