Cablevision to Participate in Salomon Smith Barney Media and Telecommunications Conference.Business Editors BETHPAGE, N.Y.--(BUSINESS WIRE)--Jan. 9, 2001 Cablevision Systems Corporation (NYSE NYSE See: New York Stock Exchange :CVC See CSC. ) will participate in today's Salomon Smith Barney Global Entertainment, Media and Telecommunications Conference in Scottsdale, Arizona. Cablevision President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , James Dolan and Wilt Hildenbrand, the company's executive vice president of engineering and technology, will discuss Cablevision's plans regarding the 2001 deployment of advanced digital services in its New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. . Cablevision will report plans to deploy up to 500,000 interactive digital cable receivers manufactured by Sony Corp. during 2001. Following an ongoing pilot program, deployment is expected to begin in June and be completed in three and a half years. Sony introduced its interactive cable digital receiver for the first time to the public at the 2001 International Consumer Electronics Show (CES) in Las Vegas last weekend. Its advanced features include virtually limitless channel capacity; a graphical user interface graphical user interface (GUI) Computer display format that allows the user to select commands, call up files, start programs, and do other routine tasks by using a mouse to point to pictorial symbols (icons) or lists of menu choices on the screen as opposed to having to (GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. ) that enables easy navigation with integrated TV and data; video-on-demand; e-commerce; Interactive TV (ITV (1) See interactive TV. (2) (iTV) The code name for Apple's video media hub (see Apple TV). ) applications; always-connected access to a managed web environment featuring customized Internet and local content; and e-mail. At today's conference, Cablevision will also discuss its plans to begin offering IP telephony service through the interactive digital cable receiver in 2001. Cablevision will also report today that it added an additional 100,000 cable modem customers in the fourth quarter of 2000, ending the year with 239,000 customers or 12% of homes marketed. In Long Island and Connecticut, the penetration rates of homes marketed totaled 17%. These industry leading penetration rates are attributable to the company's highly successful self-install modem program which enables customers to order modems by phone, pick one up at its convenient The Wiz retail electronics stores, or place an order over the Internet. Presentation materials will be available today on the Company's website at www.cablevision.com Cablevision Systems Corporation is one of the nation's leading entertainment, media and telecommunications companies. In addition to its broadband, cable, Internet and telephone offerings, the company owns and operates Rainbow Media Holdings, Inc. and its networks; Madison Square Garden Current arenas in the National Hockey League Western Conference Eastern Conference and its teams; Clearview Cinemas and The Wiz consumer electronics chain. In addition, Cablevision operates New York's famed Radio City Music Hall Radio City Music Hall New York City’s famous cinema; home of the Rockettes. [Am. Hist.: NCE, 2338] See : Theater . This release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors, including financial community and rating agency perceptions of the Company and its business, operations, financial condition and the industry in which it operates and the factors described in the Company's most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, the Company's registration statement on Form S-3 and the Company's Proxy Statement dated October 10, 2000, including the sections entitled "Risk Factors" contained therein. The Company disclaims any obligation to update the forward-looking statements contained herein. |
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