Cablevision 2012 Annual Report Download - page 47

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Item 7. Management's Discussion and Analysis of Financial Condition and Results of
Operations
This Form 10-K contains statements that constitute forward looking information within the meaning of
the Private Securities Litigation Reform Act of 1995. In this Form 10-K there are statements concerning
our future operating results and future financial performance. Words such as "expects", "anticipates",
"believes", "estimates", "may", "will", "should", "could", "potential", "continue", "intends", "plans" and
similar words and terms used in the discussion of future operating results and future financial
performance identify forward looking statements. Investors are cautioned that 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 the forward looking statements as a result of
various factors. Factors that may cause such differences to occur include, but are not limited to:
xthe level of our revenues;
xcompetition for subscribers from existing competitors (such as telephone companies and direct
broadcast satellite ("DBS") distributors) and new competitors (such as high-speed wireless
providers) entering our franchise areas;
xdemand for our video, high-speed data and voice services, which are impacted by competition
from other services and the other factors discussed herein;
xindustry conditions;
xchanges in the laws or regulations under which we operate;
xthe outcome of litigation and other proceedings, including the matters described under Item 3.
Legal Proceedings;
xgeneral economic conditions in the areas in which we operate;
xthe state of the market for debt securities and bank loans;
xdemand for advertising in our newspapers along with subscriber and single copy outlet sales
demand for our newspapers;
xthe level of our capital expenditures;
xthe level of our expenses, including the cost of programming;
xfuture acquisitions and dispositions of assets;
xmarket demand for new services;
xdemand for advertising;
xthe tax-free treatment of the MSG Distribution and the AMC Networks Distribution (each as
defined herein);
xwhether pending uncompleted transactions, if any, are completed on the terms and at the times
set forth (if at all);
xother risks and uncertainties inherent in the cable television and newspaper publishing
businesses, and our other businesses;
xfinancial community and rating agency perceptions of our business, operations, financial
condition and the industries in which we operate; and
xthe factors described in our filings with the Securities and Exchange Commission, including
under the sections entitled "Risk Factors" and "Management's Discussion and Analysis of
Financial Condition and Results of Operations" contained therein.
We disclaim any obligation to update or revise the forward looking statements contained herein, except as
otherwise required by applicable federal securities laws.