Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2010

Notes To Financial Statements [Abstract]

Operating results of discontinued operations

Operating results of discontinued operations for the years ended December 31, 2010 (for the period from January 1, 2010 through February 9, 2010 for MSG) and December 31, 2009 and December 31, 2008 are summarized below:

	Year Ended December 31, 2010			January 1, 2010 through February 9, 2010
	AMC Networks			Madison Square Garden			Total
Revenues, net	$	1,053,674		$	131,695		$	1,185,369
Income before income taxes	$	269,753		$	7,090		$	276,843
Income tax expense(a)		(111,783	)		(11,212	)		(122,995	)
Income (loss) from discontinued operations, net of income taxes	$	157,970		$	(4,122	)	$	153,848

______________

(a) Income tax expense includes $7,368 resulting from the non-deductibility of certain transaction costs associated with the MSG Distribution.

	Year Ended December 31, 2009
	AMC Networks			Madison Square Garden			Other			Total
Revenues, net	$	947,227		$	925,975		$	-		$	1,873,202
Income (loss) before income taxes	$	219,121		$	64,889		$	(31	)	$	283,979
Income tax benefit (expense)		(93,492	)		(29,033	)		13			(122,512	)
Income (loss) from discontinued operations, net of income taxes	$	125,629		$	35,856		$	(18	)	$	161,467

	Year Ended December 31, 2008
	AMC Networks			Madison Square Garden			Other			Total
Revenues, net	$	839,053		$	910,264		$	-		$	1,749,317
Income (loss) before income taxes	$	40,408		$	13,028		$	(1,601	)	$	51,835
Income tax benefit (expense)		(24,974	)		(5,916	)		655			(30,235	)
Income (loss) from discontinued operations, net of income taxes	$	15,434		$	7,112		$	(946	)	$	21,600

Assets and liabilities of Madison Square Garden distributed to shareholders/member

The assets and liabilities of AMC Networks have been classified in the consolidated balance sheets as of December 31, 2010 and 2009 as assets and liabilities distributed to shareholders/sole member and consist of the following:

	December 31, 2010					December 31, 2009
	Cablevision		CSC Holdings			Cablevision			CSC Holdings
Cash and cash equivalents	$	79,960	$	79,960		$	29,828		$	29,828
Accounts receivable, prepaid expenses and other current assets		292,488		292,488			285,529			285,529
Program rights, net		783,830		783,830			683,306			683,306
Property and equipment, net and other long-term assets		164,065		164,065			239,593			239,593
Deferred tax asset		49,607		5,307			43,558			5,379
Intangible assets		467,955		467,955			554,605			554,605
Total assets distributed in 2011	$	1,837,905	$	1,793,605		$	1,836,419			1,798,240
Accounts payable and accrued expenses	$	140,944	$	140,944		$	140,060		$	140,060
Other current liabilities		29,227		29,227			19,834			19,834
Payables due to Madison Square Garden		-		-			190,000			190,000
Program rights obligations		454,955		454,955			435,768			435,768
Credit facility debt		475,000		475,000			580,000			580,000
Senior notes		299,552		299,552			299,283			299,283
Senior subordinated notes		324,071		324,071			323,817			323,817
Deferred tax liability		-		23,648			-			29,769
Other long-term liabilities		49,550		49,550			91,938			91,938
Total liabilities distributed in 2011		1,773,299		1,796,947			2,080,700			2,110,469
Net assets (liabilities) distributed in 2011	$	64,606	$	(3,342	)	$	(244,281	)	$	(312,229	)

The assets and liabilities of Madison Square Garden have been classified in the consolidated balance sheets as of December 31, 2009 as assets and liabilities distributed to shareholders/sole member and consist of the following:

Cash and cash equivalents	$	109,716
Accounts receivable, prepaid expenses and other current assets		230,843
Advances due from Cablevision		190,000
Property and equipment, net and other long-term assets		473,825
Intangible assets		1,048,615
Total assets distributed in 2010	$	2,052,999
Accounts payable and accrued expenses	$	170,565
Other current liabilities		136,961
Deferred tax liability		495,233
Other long-term liabilities		147,805
Total liabilities distributed in 2010		950,564
Net assets distributed in 2010	$	1,102,435