AMC Networks may pull AMC, WE tv, IFC and Sundance Channel from two smaller cable operators if they don't agree to a rate increase, CEO Josh Sapan warned Thursday.
Cablevision veteran Jim Maiella joined AMC Networks as SVP of corporate communications, the company said Wednesday.
Shares in AMC Networks dropped more than 12 percent Tuesday morning after it posted $15 million in net income for the fourth quarter, down $14 million compared to this time last year.
Most of us have been trained to think of the period between Thanksgiving and New Year's Eve as the "holiday season." This is the politically correct way of describing secular and religious holidays and an ongoing crush of retailer-driven activities that used to commence on Black Friday but now seem to run in a cycle more endless than showings of A Christmas Story on cable.
Verizon FiOS could be the next multichannel video programming distributor (MVPD) to lose the rights to AMC Networks' programming.
Dish Network blamed the $158 million net loss it reported for the third quarter Tuesday on the deal it signed with Cablevision and AMC Networks last month, noting that the settlement of the Voom breach-of-contract suit reduced its net income by $453 million.
Dish Network is better positioned to one day launch a fixed wireless broadband Internet service that could compete with cable operators and other high-speed providers, following an agreement it announced Sunday with Cablevision.
A settlement in the $2.4 billion breach-of-contract lawsuit that Cablevision and AMC Networks have been waging against Dish Network involving the defunct Voom HD channels could be announced as early as Monday, according to a court filing.
The lawsuit Cablevision and former unit AMC Networks filed against Dish Network over the satellite TV provider's refusal to carry AMC and Dish's exit from the companies' Voom HD joint venture has taken some bizarre turns in the courtroom.
It's been a rough week for Dish Network in its attempts to defend a $2.4 billion breach-of-contract lawsuit that has been filed by former Cablevision subsidiary AMC Networks, with New York State Supreme Court Judge Richard Lowe ruling Tuesday that he would not allow former Lifetime Television and USA Network executive Timothy Brooks to testify as an expert witness for Dish.