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.
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.
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.
AMC Networks and Cablevision win the $2.5 billion breach-of-contract suit they are waging against Dish Network unless Dish agrees to turn over documents related to the case, New York Supreme Court Judge Richard Lowe warned on Thursday.
Attorneys representing Cablevision and AMC Networks accused Dish Network Tuesday of attempting to cause a mistrial in their breach-of-contract dispute involving the Voom HD networks by delaying the proceeding.
Jury selection for a trial that could determine the outcome of a $2.5 billion breach-of-contract lawsuit has been delayed until Monday. AMC Networks is waging the lawsuit against Dish Network over the now defunct Voom HD channels.