DISCONTINUED OPERATIONS AND ASSETS AND LIABILITIES DISTRIBUTED TO STOCKHOLDERS (Tables)

6 Months Ended

Jun. 30, 2011

Operating Results of Discontinued Operations

Operating results of discontinued operations for the three and six months ended June 30, 2011 and 2010 are summarized below:

	AMC Networks
	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Revenues, net	$	291,965		$	260,013		$	564,868		$	508,385
Income before income taxes	$	54,545		$	69,508		$	115,015		$	126,880
Income tax expense(a)		(35,953	)		(28,955	)		(61,392	)		(52,738	)
Income from discontinued operations, net of income taxes	$	18,592		$	40,553		$	53,623		$	74,142

January 1, 2010 through February 9, 2010
	Madison Square Garden
Revenues, net	$	131,695
Income before income taxes	$	7,090
Income tax expense(b)		(11,212	)
Loss from discontinued operations, net of income taxes	$	(4,122	)

_________________

(a)	Income tax expense for the three and six months ended June 30, 2011 includes $6,406 and $3,969, respectively, resulting from the non-deductibility of certain transaction costs and the recognition of a deferred tax gain associated with the AMC Networks Distribution.

(b)	Income tax expense includes $7,368 resulting from the non-deductibility of certain transaction costs associated with the MSG Distribution.

Assets and liabilities of AMC Networks distributed to shareholders/member

The assets and liabilities of AMC Networks have been classified in the condensed consolidated balance sheets as of December 31, 2010 as assets and liabilities distributed to stockholders/member in 2011 and consist of the following:

	Cablevision		CSC Holdings
Cash and cash equivalents	$	79,960	$	79,960
Accounts receivable, prepaid expenses and other current assets		292,488		292,488
Program rights, net		783,830		783,830
Property and equipment, net and other long-term assets		164,065		164,065
Deferred tax asset		49,607		5,307
Intangible assets		467,955		467,955
Total assets distributed in 2011	$	1,837,905	$	1,793,605
Accounts payable and accrued expenses	$	140,944	$	140,944
Other current liabilities		29,227		29,227
Program rights obligations		454,955		454,955
Credit facility debt		475,000		475,000
Senior notes		299,552		299,552
Senior subordinated notes		324,071		324,071
Deferred tax liability		-		23,648
Other long-term liabilities		49,550		49,550
Total liabilities distributed in 2011		1,773,299		1,796,947
Net assets (liabilities) distributed in 2011	$	64,606	$	(3,342	)

Net impact of AMC Networks Distribution to stockholders'/member's deficiency

The following table summarizes the net impact of the AMC Networks Distribution on June 30, 2011 to Cablevision's stockholders' deficiency and CSC Holdings' member's deficiency:

	Cablevision			CSC Holdings
Increase in other member's equity	$	-		$	1,170,066
Increase in paid-in capital		1,102,118			-
Increase in accumulated other comprehensive loss		(502	)		(502	)
Net liabilities distributed to stockholders/member in 2011	$	1,101,616		$	1,169,564