Cablevision Taps Marginson at Wiz

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Woodbury, N.Y. -- Cablevision Systems Corp. has named Bill
Marginson president and CEO of The Wiz, the company's retail electronics chain.

Marginson joins The Wiz from Yes Appliances and Furniture,
a chain of 13 specialty stores that he co-founded in 1995. Prior to forming Yes
Appliances, Marginson was a consultant for the Garr Consulting Group, where he helped to
develop and install profit-improvement programs for mass-merchandisers and specialty-store
clients.

At The Wiz, Marginson will oversee operations for the
chain's 40 stores.

"We saw two major requirements for this position -- an
intimate understanding of the retail-sales environment, but also the vision to appreciate
the vast synergies created by bringing The Wiz into the full Cablevision family of
properties," said James L. Dolan, Cablevision's president and CEO.

"Even now, we are creating Cablevision service centers
in The Wiz stores in order to provide our customers with an opportunity to feel and touch
all of our new products and services," Dolan added. "We are confident that Bill
will be a strong leader for a new era at The Wiz."

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