AMC Networks

AMC Networks Inc. is an American entertainment company headquartered in 11 Penn Plaza, New York, that owns and operates the cable channels AMC (its eponymous brand), IFC, We TV, BBC America (through a joint venture with BBC Studios), and SundanceTV; the art house movie theater IFC Center in New York City; the independent film company IFC Films; and premium streaming services Sundance Now and Shudder. In addition, the company operates AMC Networks International, its global division.

The company was originally launched in 1980 and formerly known as Rainbow Media Holdings, LLC, a subsidiary of Cablevision, but was spun off as a publicly traded company in July 2011. The company is majority-owned and controlled by the Dolan family.[3]

AMC Networks Inc.
Formerly
Rainbow Media Group (1980-2011)
Public
Traded as
Industry
Founded1980
Headquarters,
Key people
RevenueIncrease US$2.971 billion (2018)[2]
Increase US$726 million (2018)[2]
Increase US$446 million (2018)[2]
OwnerDolan family (67% voting power)[3]
Number of employees
2,197 (Feb 2014)[2]
DivisionsAMC
IFC
We TV
Sundance TV
IFC Center
IFC Films
SubsidiariesBBC America (49.9%)
AMC Networks International
Websitewww.amcnetworks.com

History

Rainbow Media

When Rainbow was formed in 1980, it originally included Bravo and SportsChannel New York. As SportsChannel expanded by adding other regional networks, these also became part of Rainbow (see SportsChannel America). When SportsChannel was merged into Fox Sports Net, all of these networks except SportsChannel NY (then Fox Sports New York) were gradually sold off. Fox Sports New York was then transferred to the MSG Media and rebranded MSG+.[4]

Rainbow originally started the Playboy Channel in 1982 as a joint-venture with Playboy;[5] Cablevision would later sell its share back to Playboy.

In 1988, Cablevision merged their cable networks with NBC, giving NBC 50% ownership in Rainbow.[6] Through a series of transactions, NBC's stake was eventually reduced. In 2002, Cablevision sold its share of Bravo to NBC and as part of the deal, NBC gave up its then 20% share in Rainbow.

Rainbow ran the local-minded MSG Metro Channels which launched in 1998, before folding them in late 2005.

The company had also founded Orlando, Florida station WRBW in 1994, which it eventually sold to Chris-Craft in 1998; it was affiliated with the since-defunct UPN, which Chris-Craft owned half of at the time. Chris-Craft later sold its stations, including WRBW, to Fox Television Stations, who currently operates WRBW as a MyNetworkTV station.

In 2005, Cablevision considered spinning off its content subsidiary Rainbow Media as a publicly traded company, and making their core cable business private, but withdrew the plan. In 2006, a new plan emerged to privatize all of Cablevision, including Rainbow Media. In January 2007, with no word on if the privatization would go through, Liberty Media expressed interest in acquiring Rainbow Media from Cablevision.[7]

Rainbow Media also formerly owned the music channel Fuse; the channel became a part of MSG Media in 2010, as Madison Square Garden was also spun off as a public company. Rainbow Media also owned Wedding Central which was shut down the same day AMC Networks went public.[8]

AMC Networks

On March 10, 2011, Cablevision, as approved by its board on December 16, 2010, announced that Rainbow Media would be spun off as a publicly traded company, AMC Networks, later in 2011, and, as said in 2005, making their core cable business private. Rainbow Media's former President Josh Sapan serves as the president and chief executive of AMC Networks[9] which went public on July 1, 2011.[10]

On May 4, 2012, Dish Network announced that it would no longer carry the AMC Networks family of cable channels upon the expiration of the satellite provider's distribution agreement with the company at the end of June 2012, citing that AMC Networks charged an excessive amount in retransmission consent payments from the service for their carriage and low audience viewership for the channels.[11]

AMC Networks responded to Dish Network's announcement of its pending removal of the channels as being related to a 2008 breach of contract lawsuit against Dish Network by the company's former Voom HD Networks subsidiary (under the company's previous Rainbow Media Holdings brand) (which is pending trial in the New York State Supreme Court), in which it is seeking more than $2.5 billion in damages against Dish Network for improperly terminating its carriage contract; Voom's high-definition channels were carried on the provider from May 1, 2005 until May 12, 2008 when Dish removed ten of Voom's fifteen channels from its lineup and the five remaining channels the following day. Dish Network stated that the lawsuit is unrelated to the decision to remove the AMC Networks channels and that it ended the carriage agreement on its own terms.[11]

On May 20, 2012, Dish Network removed Sundance Channel from its channel lineup. Two weeks later on June 4, 2012, Dish relocated AMC, WEtv, and IFC to higher channel positions with AMC being split into two separate standard definition and high definition channel feeds (AMC moved from channel 130 to channel 9609 for the SD feed and 9610 for the HD feed, WEtv moved from channel 128 to channel 9608 and IFC was moved from channel 393 to channel 9607); the former channel lineup spaces occupied by the three channels were respectively replaced with HDNet, Style and MoviePlex multiplex channel Indieplex. The move is believed to be in response to an ad run during a June 3 airing of an episode of Mad Men urging Dish Network customers to inform the company to keep the three AMC Networks channels on the satellite provider, with Dish Network stating that the relocated channel positions better reflect the channels' ratings.[12]

On July 1, 2012, Dish Network dropped AMC, WEtv, and IFC from the channel line-up altogether.

On July 12, 2012, AMC said in an e-mailed statement that it would stream over the Internet the season premiere of Breaking Bad to Dish customers.[13] "Dish subscribers can register online starting July 13 for the show, which airs on July 15. We want to give Dish customers an extra week to switch providers so they can enjoy the rest of the season."[14]

On October 21, 2012, AMC Networks announced a settlement was reached between them, Cablevision and Dish in which Dish was forced to pay up to $700 million in damages to Cablevision for damages from removing Voom owned channels off the Dish lineup back in 2008, and in return Dish signed a new agreement to bring the AMC Networks owned channels back on the Dish lineup with AMC returning October 21 and the rest on November 1.[15][16]

From 2013 to 2015, the company acquired or joined a joint venture each year. On October 28, 2013, AMC Networks announced it would acquire most of Chellomedia, sans Chello Benelux, an international operator of cable networks, from Liberty Global for around $1.04 billion.[17] On October 23, 2014, AMC confirmed it had purchased a 49.9% stake in BBC America, with BBC Studios retaining the remaining share of the network.[18] In 2015, AMC Networks, along with Upfront Ventures, Daher Capital, Northgate Ventures, invested a round of funding in the Latin YouTube network MiTú.[19][20]

In 2016, AMC Networks finalized a partnership agreement with former BET founder Robert L. Johnson's RLJ Company. According to the agreement, AMC will use its programming and distribution clout to benefit Acorn and UMC. Additionally, the RLJ-AMC partnership will allow for greater investment in content from African-American creatives, Johnson emphasized. The agreement called for AMC to provide RLJ with a $60 million loan on a seven-year term and $5 million on a one-year term. AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. The time frame for exercising those warrants is open-ended, AMC said.[21]

On November 15, 2016, AMC acquired a minority stake in comedy video website and film and television production company Funny or Die, with plans to integrate it with IFC.[22]

On April 27, 2018, the company, as the owner of IFC, acquired a majority stake in comedy venue operator Levity Live.[23]

On July 30, 2018, AMC Networks reached a definitive agreement to acquire RLJ Entertainment where AMC would pay $59 million for the remaining RLJE shares not owned by AMC or Robert L. Johnson.[24] The transaction was approved by RLJ Entertainment's stockholders on October 31, and AMC Networks completed the acquisition on November 1.[25] RLJ Entertainment became a privately owned subsidiary of AMC Networks, with Johnson and his affiliates owning a 17% stake.

Units

Domestic channels

Premium streaming services

Investments

AMC Networks International f/k/a Chellomedia

AMC Networks International

On October 28, 2013, AMC Networks announced it would acquire most of Chellomedia, an international operator of cable networks, from Liberty Global for around $1.04 billion. The acquisition did not include Chello Benelux, owners of Film1 and Sport1.[17] On February 2, 2014, the transaction was completed.[26] What was formerly Chellomedia will now be known as AMC International and will allow AMC Networks to distribute its programming worldwide.[27]

BBC America joint venture

BBC America (49.9% stake) joint venture

On October 23, 2014, AMC confirmed it had purchased a 49.9% stake in BBC America, with BBC Studios retaining the remaining share of the network.[18] The joint venture will also give AMC, which itself distributes the BBC World News channel in the United States, operational control in BBC America, which will be managed as a stand-alone from AMC's other channels.[28][29][30]

See also

References

  1. ^ https://www.amcnetworks.com/bio/charlie-collier/
  2. ^ a b c d "AMC 2018 earnigs". February 28, 2019. Retrieved March 25, 2019.
  3. ^ a b Lieberman, David (August 15, 2012). "AMC Networks Reports Big Stock Sale By Charles Dolan". deadline.com. Retrieved September 22, 2018.
  4. ^ "exv99w1". www.sec.gov. Retrieved February 7, 2019.
  5. ^ Sandra Salmans (March 15, 1983). "PLAYBOY'S HOPES IN CABLE TV". The New York Times. ISSN 0362-4331. Retrieved October 12, 2017.
  6. ^ Fabrikant, Geraldine (December 23, 1988). "The Media Business; NBC and Cablevision Plan Joint Programming Venture". The New York Times.
  7. ^ "CORRECTED - Cablevision shares rise on speculation of unit sale". Reuters. January 18, 2007. Retrieved February 7, 2019.
  8. ^ Umstead, Thomas (July 8, 2011). "AMC Networks Divorces Wedding Central". Multichannel News. Archived from the original on October 30, 2013. Retrieved October 24, 2014.
  9. ^ James, Meg (March 10, 2011). "Cablevision moves forward with spinoff of AMC Networks". Los Angeles Times. Retrieved October 24, 2014.
  10. ^ Lieberman, David (June 30, 2011). "AMC Networks Goes Public With Hot Shows, And Analysts Looking for a Sale". Deadline Hollywood. Retrieved October 24, 2014.
  11. ^ a b Baker, Liana B.; Adegoke, Yinka (May 4, 2012). "Corrected: DISH subscribers could lose 'Mad Men' in dispute". Reuters. Retrieved May 4, 2012.
  12. ^ Lieberman, David (June 4, 2012). "Dish Network Kicks AMC Networks Channels To Nosebleed Section of the Dial". Deadline Hollywood. Retrieved October 24, 2014.
  13. ^ Blessing, Kelly (July 12, 2012). "AMC to Stream 'Breaking Bad' Premiere to Dish Customers". Bloomberg Businessweek. Retrieved July 16, 2012.
  14. ^ de Moraes, Lisa (July 12, 2012). "AMC vs. Dish, Viacom vs. DirecTV: Brawling satellite providers and cable companies take different tactics". The Washington Post. Retrieved July 16, 2012.
  15. ^ "Cablevision and AMC Networks Announce Settlement in VOOM HD Litigation With DISH Network". AMC Networks. October 21, 2012. Retrieved October 28, 2013.
  16. ^ "DISH Network and Voom Reach Settlement". Dish Network. October 21, 2012. Retrieved October 28, 2013.
  17. ^ a b Chatterjee, Soham (October 28, 2013). "AMC to buy most of Liberty Global's international content unit". Reuters. Retrieved October 28, 2013.
  18. ^ a b "AMC Networks and BBC Worldwide Enter Partnership". BBC America. October 23, 2014. Archived from the original on October 27, 2014. Retrieved October 24, 2014.
  19. ^ Jarvey, Natalie (February 4, 2015). "AMC Invests in Latino YouTube Network MiTu". The Hollywood Reporter. Retrieved February 4, 2015.
  20. ^ Banks, Alicia (February 4, 2015). "Latino YouTube Network MiTu Closes $15 Million in Financing, Hires Demand Media Execs". The Wrap. Retrieved February 4, 2015.
  21. ^ "AMC Networks Invests in Robert Johnson's Streaming TV and Film Company". Variety. Retrieved February 9, 2018.
  22. ^ a b "AMC Networks Takes Minority Stake in Funny or Die, Plans Integrations With IFC". Variety.
  23. ^ a b "AMC Networks Buys Majority Stake in Comedy Venue Operator Levity Live". The Hollywood Reporter.
  24. ^ "AMC Networks Inc. To Acquire RLJ Entertainment, Inc". AMC Networks. July 30, 2018. Retrieved November 8, 2018.
  25. ^ "AMC Networks Inc. Completes Acquisition Of RLJ Entertainment, Inc". AMC Networks. November 1, 2018. Retrieved November 8, 2018.
  26. ^ The Deadline Team (February 2, 2014). "AMC Networks Completes Acquisition of Liberty Global's Chellomedia". Deadline Hollywood. Retrieved October 24, 2014.
  27. ^ Molloy, Tim (February 3, 2014). "AMC Networks Completes Chellomedia Purchase for $1 Billion". The Wrap. Retrieved December 9, 2014.
  28. ^ Lieberman, David (October 23, 2014). "AMC Networks Pays $200M For 49.9% Of BBC America". Deadline Hollywood. Retrieved October 24, 2014.
  29. ^ Steinberg, Brian (October 23, 2014). "AMC Networks To Operate BBC America After $200M Investment". Variety. Retrieved October 24, 2014.
  30. ^ Szalai, Georg (October 23, 2014). "AMC Networks, BBC America Deal Is About Premium Content, Executives Say". The Hollywood Reporter. Retrieved October 24, 2014.

External links

AMC (European TV channel)

AMC is a European TV channel launched by AMC Networks International. AMC replaced the MGM Channel on 5 November 2014. AMC-produced dramas Halt & Catch Fire and The Divide are among the first original series that premiered on the channel. The channel also airs films from MGM, Universal Studios, Paramount Pictures, 20th Century Fox and Sony Pictures Entertainment. The channel launched in the United Kingdom on 28 August 2015, in partnership with BT TV and branded AMC from

BT. Sky customers also have access to the channel if they subscribe to

BT Sport.

AMC closed in the Netherlands and Flanders on 31 December 2018.

AMC Networks International

AMC Networks International is an international media company and distributor of channels, content and video services, which is a division of AMC Networks. The division’s operating companies and business units currently own and operate in joint venture a total of 68 branded TV channels and run a suite of digital, on demand and broadband services in Europe. On aggregate, its channels and feeds reach 382 million homes. AMC Networks International also provide a set of advanced digital services, such as ad sales and broadcast solutions to international channel operators.

The company was originally named Chellomedia and was part of Liberty Global. In 2013, it was sold to AMC Networks, a former subsidiary of Cablevision and was renamed AMC Networks International.

AMC Networks International Central Europe

AMC Networks International Central Europe (formerly Chello Central Europe) is a Budapest, Hungary-based television company, owned by AMC Networks International.It operates 30 channels in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Germany, Hungary, Latvia, Lithuania, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine.

AMC Networks International Southern Europe

AMC Networks International Southern Europe (formerly AMC Networks International Iberia, Chello Multicanal and Multicanal) is a Madrid, Spain-based television company, owned by AMC Networks International.

In April 2010, it closed the purchase of Teuve, the producer and distributor of thematic channels 100% owned by ONO, incorporating new channels into its offer.

They operate channels under 26 channels (11 in HD and 3 in 4K) in Spain, Portugal, France and Italy.

AMC Networks International UK

AMC Networks International UK (EMEA) (formerly AMC Networks International Zone (EMEA), Chello Zone, Zone Vision and Zone Media) is a London, UK-based television company, founded in 1991 by Chris Wronski and owned by AMC Networks International.

BBC America

BBC America is an American pay television network that is jointly owned by BBC Studios and AMC Networks.Unlike the BBC's domestic channels in the United Kingdom, BBC America does not receive funding from the British licence fee (which is the principal funding for the BBC's channels within the United Kingdom), as the BBC cannot fund any of its channels that are available outside the United Kingdom. Consequently, BBC America operates as a commercial-supported channel and accepts traditional advertising. It is also funded by television subscription fees.

As of February 2015, BBC America is available to approximately 78.4 million television households (67.3% of subscription TV customers) in the United States.

CBS Drama

CBS Drama is a British free-to-air television channel that centres its programming on American television shows produced by CBS.

On 14 September 2009, it was revealed that the international arm of CBS, CBS Studios International, struck a joint venture deal with Chellomedia to launch six CBS-branded channels in the UK during 2009. The new channels would replace Zone Romantica, Zone Thriller, Zone Horror and Zone Reality, plus timeshift services Zone Horror +1 and Zone Reality +1. On 1 October 2009, it was announced that CBS Reality, CBS Reality +1, CBS Drama and CBS Action would launch on 16 November 2009 replacing Zone Reality, Zone Reality +1, Zone Romantica and Zone Thriller. On 5 April 2010, Zone Horror and Zone Horror +1 were rebranded by Horror Channel and Horror Channel +1, following the rebrand of the portfolio’s other three channels in November 2009.On 1 August 2012 Chellomedia revealed that all European versions of the Zone Channels would be rebranded into CBS Channels. CBS Drama replaced Zone Romantica on 3 December 2012 (in Poland replaced Club TV).CBS Reality launched on Freeview on 1 April 2014 followed by CBS Action on 1 October 2014 and as of July 2014, CBS Reality +1, CBS Action, CBS Drama & Horror Channel are available on the YouView platform as part of TalkTalk Plus TV's Entertainment Boost, but were removed from the EPG on 2 June 2015.

CBS Drama closed in Poland on 31 December 2016.CBS Drama broadcasts shows from the UK (such as Bad Girls, Waterloo Road, Footballers Wives), America (Dallas, CSI, Knots Landing), and Australia (Return To Eden, Bondi Rescue).

CBS Reality

CBS Reality is a reality television channel which broadcasts across Europe, the Middle East and Africa.

Crime

In ordinary language, a crime is an unlawful act punishable by a state or other authority. The term "crime" does not, in modern criminal law, have any simple and universally accepted definition, though statutory definitions have been provided for certain purposes. The most popular view is that crime is a category created by law; in other words, something is a crime if declared as such by the relevant and applicable law. One proposed definition is that a crime or offence (or criminal offence) is an act harmful not only to some individual but also to a community, society or the state ("a public wrong"). Such acts are forbidden and punishable by law.The notion that acts such as murder, rape and theft are to be prohibited exists worldwide. What precisely is a criminal offence is defined by criminal law of each country. While many have a catalogue of crimes called the criminal code, in some common law countries no such comprehensive statute exists.

The state (government) has the power to severely restrict one's liberty for committing a crime. In modern societies, there are procedures to which investigations and trials must adhere. If found guilty, an offender may be sentenced to a form of reparation such as a community sentence, or, depending on the nature of their offence, to undergo imprisonment, life imprisonment or, in some jurisdictions, execution.

Usually, to be classified as a crime, the "act of doing something criminal" (actus reus) must – with certain exceptions – be accompanied by the "intention to do something criminal" (mens rea).While every crime violates the law, not every violation of the law counts as a crime. Breaches of private law (torts and breaches of contract) are not automatically punished by the state, but can be enforced through civil procedure.

Extreme Sports Channel

The Extreme Sports Channel is a European pay television channel that was launched from Amsterdam on 1 May 1999. The idea and vision for the brand franchise and channel came from Alistair Gosling, an ambassador for action and adventure sports and founder of Extreme International. The channel broadcasts in over 60 countries and 12 languages, and covers extreme sport and adventure sports which include surfing, skateboarding, snowboarding, wakeboarding, motocross, BMX, FMX, music, gaming and fashion.

IFC (U.S. TV channel)

IFC (formerly known as the Independent Film Channel) is an American pay television channel that is owned by AMC Networks. Programming on the channel includes both original and acquired series and fan favorite movies.

As of February 2015, approximately 73,333,000 American households (63% of households with television) receive IFC. In March 2015, Dish Network's Sling TV announced it would soon begin making AMC channels available to cord cutters, including AMC, BBC America, IFC, Sundance TV, and WE tv.

JimJam

JimJam is an international children's preschool television channel which originally launched in Italy on Sky in 2006.JimJam is available across Central & Eastern Europe, the Middle East, Asia and Africa, including Romania, Poland (in Poland channel is provided in partnership with Polsat Group - Polsat JimJam), Czech Republic, Serbia, Slovakia, Hungary, Portugal, Israel (since December 2009), South Africa, Thailand and the Arab World, as well as in Russia & Ukraine.

MGM Channel (European TV channel)

MGM Channel, sometimes called just MGM and in Spain Canal MGM, was a European 24-hour film channel that was launched by Metro-Goldwyn-Mayer Studios in Germany in 2001, later followed by other European countries. The programming of the channel mainly consisted of movies from MGM's library comprising approximately 4,000 titles, including West Side Story, The Adventures of Priscilla, Queen of the Desert, Madhouse, The Manchurian Candidate, 12 Angry Men, amongst many others. The main language was in English and the films were locally subtitled or dubbed. Some cable operators did offer MGM video on demand.The European version has been operated by Chello Zone and was fully owned by Chellomedia since 2012. Only the German version of the MGM Channel is still owned by MGM. AMC Networks acquired Chellomedia on 2 February 2014. Chellomedia was rebranded by AMC Networks International on 8 July 2014.The channel rebranded as AMC on 5 November 2014.

Odisea

Odisea (Spanish) or Odisseia (Portuguese) is a documentary cable channel available in Spain and Portugal, with feeds in Portuguese or Spanish. It split into versions, and the Portuguese channel Odisseia became also available in Angola, Mozambique and Cape Verde.

Owned by AMC Networks International Iberia, Odisea was founded in 1996, and was one of the first ever Iberian cable channels. It presents various documentaries by BBC and Granada Television.

Odisea merged its output with that of its competitor Documania.

ShortsTV

ShortsTV is a cable and satellite television channel dedicated to short film including Academy Award nominated short films. It is franchise owned and operated by Shorts International and AMC Networks International. The channel launched in Europe on November 26, 2008 and in the United States on February 17, 2010. It is available in 40 million homes worldwide.

Shudder (streaming service)

Shudder is an over-the-top subscription video on demand service featuring horror, thriller and supernatural fiction titles owned and operated by AMC Networks.

Sundance TV

Sundance TV (formerly known as Sundance Channel) is an American pay television channel that is owned by AMC Networks. Originally, the channel was devoted to airing documentaries, independent feature films, short films, world cinema, and original programs, such as news about the latest developments from each year's Sundance Film Festival. In recent years, the channel has incorporated original and acquired scripted and reality series into its schedule. It became fully ad-supported in 2013, with content being edited for content soon thereafter.As of July 2015, the channel is available to approximately 60.668 million households with television (52.1% of all subscribers) in the United States. In March 2015, Dish Network's Sling TV announced it would soon begin making AMC channels available to cord cutters, including AMC, BBC America, IFC, Sundance TV, and WE tv.

TV Paprika

TV Paprika is a Hungarian television channel operated by AMC Networks International Central Europe.

We TV

We TV (stylized as WE tv) is an American pay television channel that is owned by AMC Networks. The network is oriented mainly towards lifestyle and entertainment programming, primarily targeting women. "WE" was formerly used as an abbreviation of "Women's Entertainment", although this was downplayed in a 2014 rebranding in order to focus more upon "shared experiences".

As of February 2015, approximately 85.2 million American households (73.2% of households with television) received We TV. In March 2015, Dish TV's Sling TV announced it would soon begin making AMC Networks channels available to cord cutters, including AMC, BBC America, IFC, Sundance TV, and We TV.

AMC Networks
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