AMC Networks evolves into premium entertainment brand
After a cable-related impairment charge of nearly $400 million during Q4, AMC Networks is charting a new course, one focused on streaming and content licensing.
AMC Networks ($AMCX) is an American pay TV programmer based in New York City. The company operates AMC, IFC, We TV, Sundance TV and BBC America and is licensed to distribute BBC World News to cable and satellite companies throughout the United States.
After a cable-related impairment charge of nearly $400 million during Q4, AMC Networks is charting a new course, one focused on streaming and content licensing.
Philo has launched another add-on package that expands the availability of TV shows and movies offered through the platform.
Charles Dolan was the founder of Cablevision, and helped launched AMC Networks and multiplex movie network HBO.
AMC Networks is raising the price of its flagship streaming service AMC Plus, with the cost of the ad-supported plan at $7 per month.
AMC Networks has bought out its partner for the cable channel BBC America.
After a test run with Warner Bros Discovery-owned Max last year, AMC Networks is ramping up their content distribution partnerships with other brands.
The broadcaster is looking at a universal service fee to generate domestic revenue as it projects a further increase to its operating deficit.
AMC Networks has chosen Comcast Technology Solutions to serve as its distribution partner for its linear channels and VOD content.
The agreement, not unlike other Charter deals over the past year, includes streaming access to AMC Plus.
AMC Networks says its long-time general counsel Jamie Gallagher will be leaving the company.
Budget-friendly streaming pay television service Philo has integrated AMC Plus into its core programming package.
Executives are pleased by the sudden interest in peer bundling and low-cost cable TV packages, which fit nicely with AMC’s content and distribution strategies.