AMC Networks, Inc. (Nasdaq: AMCX) the parent company of AMC, IFC, and WE tv, announced today it has reached a new carriage agreement with AT&T:
"We have reached a long-term agreement with AT&T that appropriately recognizes the value of our networks and our award-winning and high-quality programming. We respect AT&T as a partner that has a genuine interest in working with us to ensure their customers continue to enjoy our programming, which includes the upcoming July 15 premiere of AMC’s ‘Breaking Bad.'"
It's telling that AMC Networks has historically been able to negotiate fair agreements with television providers that reflect the value of our content. Yet DISH, which dropped our networks as of July 1, never engaged with us in any rate discussions. DISH customers have lost some of their favorite shows because of an unrelated lawsuit which has nothing at all to do with our programming, our ratings or our rates."
About AMC Networks Inc.Dedicated to producing quality programming and movie content for more than 30 years, AMC Networks Inc. owns and operates several of the most popular and award-winning brands in cable television. AMC, IFC, Sundance Channel, WE tv, and IFC Films produce and deliver distinctive, compelling and culturally relevant content that engages audiences across multiple platforms. The company also operates AMC/Sundance Channel Global, an international programming business, and AMC Networks Broadcasting & Technology, a full-service network programming origination and distribution company.