New York, April 30, 2013 -- Moody's Investors Service said that the announced plan of Cablevision Systems Corporation (Cablevision) to sell Clearview Cinemas is credit positive but does not affect Cablevision's Ba2 corporate family rating or negative outlook. Moody's believes the disposition of the theater operations will improve Cablevision's liquidity profile with no meaningful impact on the remaining operations.

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