Jacor: Acquires Sports Leader WKNR, Cleveland

Contact:     Pam Taylor
             Jacor
             606.655.6523

             Charles Schueler
             Cablevision Systems Corp.
             516.393.1399

FOR IMMEDIATE RELEASE

CABLEVISION SYSTEMS CORP. & JACOR COMMUNICATIONS, INC.  REACH AGREEMENT FOR
SALE OF WKNR-AM ALL-SPORTS RADIO STATION FOR $8.4 MILLION DOLLARS

COVINGTON, KY., August 19, 1997:  Jacor Communications, Inc. (JCOR: Nasdaq) and
Cablevision Systems Corp. (CVC: ASE) have signed an agreement for Jacor to
acquire WKNR-AM for $8.4 million in cash from CV Radio Associates, LP., a
subsidiary of Cablevision's Rainbow Media Holdings, Inc.  WKNR is the leading
Cleveland sports station and flagship radio station of the Cleveland Indians. 
With WKNR Jacor catches another 50,000 watt AM station.  WKNR will be Jacor's
3rd station in Cleveland, Ohio, joining news talk WTAM-AM and adult
contemporary WLTF-FM.

Cablevision previously indicated that it is divesting "non-core" assets to
focus on the delivery of cable television and new telecommunications services
in its key geographic markets. The company is also focusing on its national,
regional and local programming businesses. WKNR-AM is the only radio property
owned by Cablevision Systems Corp.

The transaction is subject to regulatory and other customary approvals.

Jacor is the nation's third largest radio group measured by total revenues. 
Including announced pending acquisitions, Jacor owns, operates, or represents
158 radio stations in 34 U.S. broadcast areas, and WKRC-TV in Cincinnati. 
Additionally, Jacor is the country's third largest provider of syndicated radio
programming through Radio-Active Media (formerly EFM), the syndicator for top
radio personalities Rush Limbaugh and Dr. Dean Edell, and Premiere Radio
Networks, a Los Angeles based creator of comedy clips, jingles and other
programming and research products.  Jacor also owns a satellite distribution
service, NSN, which provides bi-directional communication among multiple
networks.  Jacor plans to pursue growth through continued acquisitions of
complementary radio stations in its existing broadcast locations, and radio
groups or individual stations with significant presence in other attractive
locations.  Additionally, Jacor has plans to grow in other broadcast-related
products and businesses.


Cablevision Systems Corp. is the nation's sixth largest operator of cable
television systems, serving 2.9 million customers in 19 states with major
operations in Boston, Cleveland and the New York Metropolitan area, where
Cablevision has 1.7 million customers.  Its subsidiary, Rainbow Media Holdings,
Inc. manages entertainment, news and sports programming services.  Cablevision
Lightpath, a wholly owned subsidiary, provides telephone service to nearly 600
business customers on Long Island.

Visit www.cfonews.com/jcor/for more information on Jacor.


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