Dish Network dispute takes toll on AMC Networks earnings

AMC Networks (Nasdaq: AMCX) reported $37 million (51 cents per share) in net income for the third quarter, down from the $40 million (56 cents per share) that it reported for the same period last year. The company, which recently settled a breach-of-contract dispute with Dish Network (Nasdaq: DISH), said its results were impacted by losing distribution for AMC, IFC, WE and Sundance Channel in Dish subscriber homes. Dish, which dropped the AMC channels in May, restored the networks late last month as part of the settlement. Read more