NBCUNIVERSAL AND CABLEVISION SIGN COMPREHENSIVE CONTENT AFFILIATION AGREEMENT

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Multi-YearAgreement Covers Retransmission Consent for NBC and Telemundo Owned Stations and Provides Top Sports, News and Entertainment to Cablevision Customers Across Multiple Platforms In and Out of Home

BETHPAGE, NY and NEW YORK, NY – November 5, 2012 – NBCUniversal and Cablevision Systems Corp. (NYSE: CVC) today announced an extensive affiliation agreement to continue to offer NBCUniversal's strong portfolio of top-rated sports, news and entertainment broadcast and cable content to Cablevision TV customers.

The long-term agreement includes expansive rights to on-demand content from NBCUniversal's cable and broadcast network portfolio, and access to live channels across multiple platforms, both in and out of the home.

In addition, the comprehensive agreement covers retransmission consent for NBC and Telemundo owned stations and continued carriage of NBCUniversal's top rated cable networks including USA, Bravo Media, cloo, Chiller, CNBC, E!, G4, MSNBC, mun2, NBC Sports Network, Oxygen Media, Style Media, Syfy, Telemundo Media and The Golf Channel as well as Comcast Sports Network Philadelphia.

"Cablevision has always been a terrific partner to NBCUniversal and I'm thrilled they continue to recognize the worth of our top quality broadcast and cable networks and the value a multi-platform offering brings to their customers," said Matt Bond, Executive Vice President, Content Distribution, NBCUniversal. "Thisbroad agreement validates how content providers and distributors can come together and develop mutually beneficial deals of this magnitude."

"This agreement ensures our customers will continue to enjoy many of the great networks and brands of cable television for years to come, including NBC, USA, CNBC and Bravo," said Tom Montemagno, Cablevision's senior vice president of programming acquisition. "It also, for the first time, allows us to deliver this programming to our customers outside the home, and we look forward offering a variety of these new NBCUniversal services starting early next year."

About Cablevision

Cablevision Systems Corporation is one of the nation's leading media and telecommunications companies. In addition to delivering its Optimum branded cable, Internet, and voice offerings throughout the New York area, the company owns and operates cable systems serving homes in four Western states. Cablevision's local media properties include News 12 Networks, MSG Varsity and Newsday Media Group. Cablevision also owns and operates Clearview Cinemas. Additional information about Cablevision is available on the Web at www.cablevision.com.

About NBCUniversal Content Distribution

Content Distribution is a division of NBCUniversal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Content Distribution drives the North American distribution of NBCUniversal's multi-billion dollar television and film content portfolio to all multichannel video programming distributors (MVPDs), the Internet, wireless devices and emerging platforms. A key revenue-generator, the division oversees the distribution of the Olympics on cable and retransmission consent for NBC and Telemundo owned stations and leads the content strategy and development for offerings that include video-on-demand (VOD), electronic-sell-through (EST), interactive television, and wireless products and services (WAP, SMS).