Monday, June 29, 2009

Cablevision Statement On Supreme Court Ruling Clearing Way For Remote Storage-DVR

/PRNewswire/ -- Cablevision Systems Corp. (NYSE:CVC) today released the following statement from Chief Operating Officer Tom Rutledge in response to the decision by the Supreme Court of the United States not to hear an appeal in the remote storage-DVR litigation.

"This is a tremendous victory, and it opens up the possibility of offering a DVR experience to all of our digital cable customers. At the same time, we are mindful of the potential implications for ad skipping and the concerns this has raised in the programming community. We believe there are ways to take this victory and work with programmers to give our customers what they want -- full DVR functionality through existing digital set-top boxes -- and at the same time deliver real benefits to advertisers. This landmark case gives the cable industry, and Cablevision in particular, the opportunity to do something that our satellite competitors cannot do. We expect to begin deploying the first application of this new technology, the ability to pause live television when the phone rings, as a value-added benefit to our customers later this summer."

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