EXHIBIT 99.1 Insight Communications Announces Proposed $150 Million Debt Offering NEW YORK, NY, January 26, 2001 -- Insight Communications Company, Inc. (Nasdaq: ICCI) today announced a $150 million discount bond offering for general corporate purposes, to repay inter-company debt and to fund potential acquisitions of cable assets. The offering will be a private placement under Rule 144A of the Securities Act of 1933 and will be made only to qualified institutional buyers and to a limited number of institutional accredited investors. The securities will not be registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offering sold would be unlawful. Insight Communications, a cable television operator based in New York City, is a full service provider of entertainment, information and communications services focused on the development of new and enhanced products and services for the communities served by its networks. Insight Communications is the eighth largest cable television system operator in the US based on customers served. Through its wholly-owned and managed systems, Insight Communications currently serves approximately 1.4 million customers primarily in the four contiguous states of Indiana, Kentucky, Illinois and Ohio. Any statements in this press release that are not historical facts are forward- looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimate," "anticipate" and other expressions that indicate future events and trends identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from historical results or those Insight Communications anticipates. Factors that could have a material and adverse impact on actual results are described in Insight Communications' annual report on Form 10-K for the year ended December 31, 1999 and quarterly report on Form 10-Q for the nine months ended September 30, 2000. All forward-looking statements in this press release are qualified by reference to the cautionary statements included in Communications' Form 10-K and Form 10-Q. Contact: Colleen Quinn, Investor Relations Insight Communications (917) 286-2300