Renewal Covers Retransmission Consent for CBS Owned Stations and 

Carriage of Showtime, Smithsonian Channel and
CBS Sports Network

NEW YORK – Sept. 5, 2012 – Cablevision (NYSE: CVC), one of the nation’s leading media and telecommunications companies, and CBS Corporation (NYSE: CBS.A and CBS), one of the world’s leading content providers, today announced the renewal of their content carriage agreements covering retransmission consent for CBS Owned Stations, and continued carriage of Showtime, Smithsonian Channel and CBS Sports Network.

While the majority of Cablevision subscribers are in the New York tri-state market served by WCBS, Cablevision customers in the Philadelphia and Denver markets are also covered.  Terms of the agreements were not disclosed.

“Cablevision is a cornerstone partner in our flagship market.  By recognizing the value of our content, this agreement assures the audiences we share with Cablevision will continue to be able to enjoy programming ranging from THE BIG BANG THEORY to NCIS, 60 MINUTES to the NFL, HOMELAND to DEXTER, to Smithsonian Channel’s award-winning programs and Jim Rome,” said Martin Franks, Executive Vice President for Planning, Policy and Government Relations, CBS Corporation.

“This broad agreement will ensure that Cablevision customers will continue to have access to the CBS programming they already enjoy, across a range of networks, as well as new services Cablevision will launch in the coming months, including Showtime Anytime and CBS prime time shows on demand,” said Mac Budill, Cablevision’s executive vice president of programming.

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 CBS Corporation

CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company has businesses with origins that date back to the dawn of the broadcasting age as well as new ventures that operate on the leading edge of media. CBS owns the most-watched television network in the U.S. and one of the world's largest libraries of entertainment content, making its brand – "the Eye" – one of the most recognized in business. The Company's operations span virtually every field of media and entertainment, including cable, publishing, radio, local TV, film, outdoor advertising, and interactive and socially responsible media. CBS's businesses include CBS Television Network, The CW (a joint venture between CBS Corporation and Warner Bros. Entertainment), Showtime Networks, CBS Sports Network, Smithsonian Networks, Simon & Schuster, CBS Television Stations, CBS Radio, CBS Outdoor, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, CBS Consumer Products, CBS Home Entertainment, CBS Films and CBS EcoMedia. For more information, go to www.cbscorporation.com. 

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CBS Press Contact:

Dana McClintock                    212-975-1077                        dlmcclintock@cbs.com

Cablevision Press Contact:

Jim Maiella                            516-803-3947                         jmaiella@cablevision.com