No action is required on your part. Shareholders of Cablevision on the record date for the Distribution are not required to pay any cash or deliver any other consideration, including any shares of Cablevision common stock, for the shares of AMC Networks common stock distributable to them in the Distribution.

Holders of shares of Cablevision's NY Group Class A Common Stock or NY Group Class B Common Stock on the record date will receive shares of the same class of AMC Networks common stock, in book-entry form.

For the distribution, each Cablevision Class A stockholder will receive one share of AMC Networks Class A common stock for every four shares of Cablevision Class A common stock they hold as of the record date. Each Cablevision Class B stockholder will receive one share of AMC Networks Class B common stock for every four shares of Cablevision Class B common stock they hold as of the record date.

We expect that shares of AMC Networks Class A Common Stock and Class B Common Stock will be distributed by the distribution agent, on behalf of Cablevision, effective at 11:59 p.m. on June 30, 2011, which we refer to as the Distribution date.

Record ownership will be determined as of the close of business on June 16, 2011, which we refer to as the record date. The person in whose name shares of Cablevision common stock are registered at the close of business on the record date is the person to whom shares of the Company's common stock will be issued in the Distribution. As described below, the Cablevision NY Group Class A Common Stock will not trade on an ex-dividend basis with respect to AMC Networks' common stock and, as a result, if a record holder of Cablevision NY Group Class A Common Stock sells those shares after the record date and on or prior to the Distribution date, the seller will be obligated to deliver to the purchaser the shares of AMC Networks common stock that are issued in respect of the transferred Cablevision NY Group Class A Common Stock.

No. No ex-dividend market will be established for AMC Networks Class A Common Stock until the first trading day following the Distribution date. Therefore, if you own shares of Cablevision NY Group Class A Common Stock on the record date and thereafter sell those shares on or prior to the Distribution date, you will also be selling the shares of AMC Networks Class A Common Stock that would have been distributed to you in the Distribution with respect to the shares of Cablevision NY Group Class A Common Stock you sell. Conversely, a person who purchases shares of Cablevision NY Group Class A Common Stock after the record date and on or prior to the Distribution date will be entitled to receive from the seller of those shares the shares of AMC Networks Class A Common Stock issued in the Distribution with respect to the transferred Cablevision NY Group Class A Common Stock.

Fractional shares of AMC Networks common stock will not be distributed to Cablevision stockholders. Instead, they will be aggregated and sold in the public market, with the net proceeds distributed pro rata in the form of cash payments to stockholders who otherwise would be entitled to a fractional share of AMC Networks common stock.

No. AMC Networks Inc. currently intends to retain future earnings, if any, to finance the expansion of their businesses, repay indebtedness and fund ongoing operations. As a result, they do not expect to pay any cash dividends for the foreseeable future. All decisions regarding the payment of dividends will be made by their board of directors from time to time in accordance with applicable law.

The AMC Networks spin-off has been structured to qualify as a tax-free distribution to Cablevision stockholders for U.S. federal income tax purposes. Cash received in lieu of fractional shares, however, will generally be taxable. Cablevision stockholders are urged to consult with their tax advisors with respect to the U.S. federal, state, local and foreign tax consequences of the AMC Networks spin-off.

No. Holders of Cablevision common stock are not entitled to appraisal rights in connection with the Distribution.

AMC Networks Class A common stock will trade on a "when-issued" basis on NASDAQ under the symbol "AMCXV" on June 16, 2011. On July 1, 2011, when-issued trading of AMC Networks Class A stock will end and "regular-way" trading under the symbol "AMCX" will begin. The CUSIP number for the AMC Networks Class A stock will be 00164V103 when regular-way trading begins. AMC Networks' Class B common stock will not be listed on a securities exchange. AMC Networks Inc will be controlled by the Dolan family through their ownership of Class B shares.

Yes. After the distribution, the trading price of Cablevision Group NY Class A Common Stock may be lower than the trading price of the Cablevision Group NY Class A Common Stock immediately prior to the Distribution. Moreover, until the market has evaluated the operations of Cablevision without the operations of AMC Networks, the trading price of Cablevision Group NY Class A Common Stock may fluctuate significantly. Cablevision believes the separation of AMC Networks from Cablevision offers its shareholders the greatest long-term value. However, the combined trading prices of Cablevision Group NY Class A Common Stock and AMC Networks Class A Common Stock after the Distribution may be lower than the trading price of Cablevision Group NY Class A Common Stock prior to the Distribution.

As part of the Distribution, we will incur approximately $2,425,000,000 of New AMC Networks Debt, consisting of $1,725,000,000 aggregate principal amount of senior secured term loans and $700,000,000 aggregate principal amount of senior unsecured notes. A portion of the proceeds of the New AMC Networks Debt will be used to repay all outstanding Company debt (excluding capital leases) and approximately $1,275,000,000 of the New AMC Networks Debt will be issued to Cablevision or CSC Holdings, which will use such New AMC Networks Debt to satisfy and discharge outstanding Cablevision or CSC Holdings debt.

Wells Fargo Shareowner Services, 161 North Concord Exchange, South St. Paul, Minnesota 55075-1139.

Please see our Calendar of Events at this site (click here).

If you have questions relating to the mechanics of the Distribution of shares of AMC Networks common stock, you should contact the distribution agent:

Wells Fargo Shareowner Services, 161 North Concord Exchange, South St. Paul, Minnesota 55075-1139. Telephone: 1-800-468-9716.

If you have questions relating to AMC Networks, you should contact: AMC Networks Inc. Investor Relations Dept., 11 Penn Plaza, New York, NY 10001. Telephone: 646-273-3766.

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