CABLEVISION AND HBO ANNOUNCE AGREEMENT TO PROVIDE HBO NOW VIA OPTIMUM ONLINE

Optimum is the First Cable Provider to Announce Plans to Distribute HBO NOW Via Internet and Optimum WiFi

BETHPAGE, NY, March 16, 2015 - Cablevision and Home Box Office (HBO) announced today that they have reached an agreement to offer standalone streaming service HBO NOW to Optimum Online customers via the internet. Optimum is the first cable provider to partner with HBO to offer the new service, which is expected to launch in April in time for the fifth season of Game of Thrones.

Kristin Dolan, Cablevision chief operating officer said: "As New York's premier connectivity company, we are enabling Optimum Online customers to enjoy content in any way they choose to receive it. We are well-positioned to support HBO NOW and, as technology advances, Cablevision will continue to meet the evolving needs of our customers."

"We couldn't be more excited that our longtime partner has joined us for the launch of HBO NOW," said Tom Woodbury, President, Global Distribution, HBO. "We believe that HBO NOW will have great appeal to Cablevision's broadband customers."

HBO NOW provides instant access to HBO's acclaimed programming, allowing viewers to watch every episode of every season of the best series programming, more of the biggest and latest Hollywood hit movies, original HBO Films, groundbreaking documentaries, sports, and comedy and music specials. With the upcoming launch of HBO NOW, Optimum will now offer the full suite of HBO products, which also includes its pay TV channels and TV to GO offering, giving customers more options than ever before.

Cablevision plans to provide pricing and other particulars for HBO NOW in the coming weeks. Terms of the agreement were not disclosed.

Optimum Online offers an unparalleled internet experience, including a wide-range of high-speed internet product tiers that are designed to provide the right speeds for every type of user as well as access to Optimum WiFi, the nation's most robust WiFi network featuring 1.1 million hotspots across the tri-state area. For more information on Optimum Online, visit optimum.com.

About Cablevision

Cablevision Systems Corporation (NYSE: CVC) is a leading media and telecommunications company, serving millions of households and businesses throughout the greater New York area. Providing quality products that keep customers connected, Cablevision offers Optimum-branded digital cable television, high-speed Internet and voice services as well as Optimum WiFi, the nation's most robust WiFi network. The company recently introduced Freewheel, a new low-cost WiFi-exclusive phone service that provides unlimited data, talk and text. Cablevision's Lightpath subsidiary is a premier provider of integrated business communications solutions for larger companies. Through its local media and programming properties - News 12 Networks and Newsday Media Group - Cablevision also delivers news and information created specifically for the communities it serves. Additional information about Cablevision is available at www.cablevision.com.

About HBO

Home Box Office, Inc. is the premium television programming subsidiary of Time Warner Inc. and the world's most successful pay TV service, providing the two television services - HBO(R) and Cinemax(R) - to approximately 122 million subscribers worldwide. The services offer the popular subscription video-on-demand products HBO On Demand(R) and Cinemax On Demand(R), as well as HBO GO(R) and MAX GO(R), HD feeds and multiplex channels. Beginning in April 2015, HBO will also offer a standalone video streaming service, HBO NOW, in the U.S. Internationally, HBO branded television networks, along with the subscription video-on-demand products HBO On Demand and HBO GO, bring HBO services to over 60 countries. HBO and Cinemax programming is sold into over 150 countries worldwide.