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The deal, worth up to $206.5 million, comes when the entertainment company expands into live entertainment as its sports teams, led by the New York Knicks, have struggled.
Comcast was thwarted two years ago when it tried to buy Time Warner Cable, but a buyout of Verizon would make more sense and probably win regulatory approval.
Lions Gate already has ramped up the number of theaters playing the musical and added IMAX showings, with another boost set for this weekend.
CBS will join Hulu's live-TV streaming service, proving it's not against digital pay-TV platforms -- it just wants to be paid for it, as CEO Leslie Moonves would say.
With the pay-TV landscape continuing to evolve in an over-the-top world, analysts are singling out their top media stocks ahead of the new year.
CEO Bob Bakish needs cash to lower debt and invest in new programming, especially at Viacom's MTV network. His best option may be selling some other networks, even VH1.
As the pay-TV landscape continues to evolve in an over-the-top world, analysts single out their top media stock picks for the new year.
The Federal Communications Commission under Donald Trump may relax oversight of content distribution rules, prompting a rash of mergers and acquisitions throughout the media industry.
As 2017 comes into view, we offer some media industry predictions at a time when content companies and pay-TV operators are playing musical chairs, hoping not to be left behind.
The nominees for the 74th annual Golden Globe Awards were announced Monday morning; the winners will be named at a live ceremony on Jan. 8 at the Beverly Hilton hotel.
Its best-known shows have pretty much keeled over ... like the shares.
The TV network operator doesn't plan on bowing to market pressure, despite the industry move toward over-the-top and streaming offerings.
Jeff Bewkes described the deal as a means of making all of his company's networks, and eventually all of television, more like HBO. And AT&T's head made a similar argument.
Dish Network's Sling TV is eager to pass the 1 million subscriber mark, securing a deal with the cable giant to upsell the skinny bundle through its X1 set-top box.
AMC Networks (AMCX) reported 2016 third quarter revenue this morning that fell short of analysts' expectations.
AMC Networks (AMCX) is set to release its 2016 third quarter earnings prior to Thursday's market open.
The Federal Reserve will again convene in the coming week to discuss monetary policy, but investors will instead focus on what it may mean for a rate hike in December.
TrumpTV might sound exciting to his millions of followers, but the economics of the modern TV business make it a risky venture for a carrier.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in AMC Networks Inc , where a total volume of 3,567 contracts has been traded thus far today, a contract volume which is representative of approximately 356,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.6% of AMCX's average daily trading volume over the past month, of 630,235 shares.
Stocks sink again in Thursday trading after crude oil closes under $51 a barrel.
AMC Networks (AMCX) stock rating was lowered to 'sector weight' at Pacific Crest, as the firm said the media company has yet to overcome secular pressures.
Stocks accelerate losses on Thursday morning as crude oil retreats from its highest level of the year.
Here are Thursday's top research calls, including upgrades for American Express, Expedia, Kinder Morgan and Vail Resorts, and a downgrade for AMC Networks.
NowThis Studios, which makes content that can't be found on its website, is part of Discovery Communications' $100 million bet on digital distribution.
Bob Johnson, Founder and Chairman of RLJ Entertainment, and Josh Sapan, President and CEO of AMC Networks, Strongly Commit to Bringing Consumers More Diverse, High-Quality Content to SVOD Streaming Channels and Independent Film Distribution