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TheStreet Open House

Record-breaking $1.7 Million Raised At Holiday Rock & Roll Bash To Benefit The Lustgarten Foundation

BETHPAGE, N.Y., Dec. 10, 2010 /PRNewswire/ -- Cablevision Systems Corporation (NYSE: CVC), Rainbow Media, Cablevision's programming subsidiary, and Madison Square Garden (Nasdaq: MSG) presented the tenth annual Holiday Rock & Roll Bash on Thursday, December 9, to benefit The Lustgarten Foundation.  The event raised $1.7 million -- the most money raised ever in a single night in New York City for scientific and clinical research related to the diagnosis, treatment and cure of pancreatic cancer. With Cablevision's multi-year commitment to underwrite all of The Lustgarten Foundation's administrative costs, every dollar of the $1.7 million raised goes directly to pancreatic cancer research.

More than 1,000 guests attended this year's event, which was held at the legendary Hard Rock Cafe in the heart of Times Square. The evening's entertainment included a rock-and-roll and blues performance by JD & The Straight Shot and a special appearance by pedal steel guitarist Robert Randolph from American funk and soul group Robert Randolph and the Family Band. The night also featured a special performance by the world-famous Radio City Rockettes and their good friend, Santa Claus.

Created in 2001, the Holiday Rock & Roll Bash has become The Lustgarten Foundation's premier annual event and its most important fundraiser.  Since its inception, the Holiday Rock & Roll Bash has raised more than $11.3 million to benefit pancreatic cancer research.

Lustgarten Foundation Executive Director Kerri Kaplan said: "We are extremely appreciative of everyone who comes out each year to support this important event. It means so much to know that 100 percent of every dollar raised for the Holiday Rock & Roll Bash goes directly to pancreatic cancer research, thanks to Cablevision's support. This money will be used to help fund critical research so we can someday find a cure for this deadly disease."

The Lustgarten Foundation was established in 1998 by Marc Lustgarten, the former vice chairman of Cablevision and chairman of Madison Square Garden, along with the help of Cablevision, following his diagnosis of pancreatic cancer. He passed away from the disease in 1999. Today, the Foundation that Marc Lustgarten inspired is the nation's largest private foundation dedicated solely to funding pancreatic cancer research, providing more than $32 million to research since its inception.

Visit curePC.org to learn more about The Lustgarten Foundation and Cablevision's fight against pancreatic cancer.

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