AT&T, AMC Cut Deal on TV Channels

NEW YORK -- AT&T (T) says it has reached an agreement with AMC Networks Inc., the home of hit shows including "Mad Men" and "Breaking Bad," and will keep showing its AMC, IFC Sundance and WE channels.

AT&T, the eighth-largest provider of pay-TV signals, said Sunday the channels will remain available on its U-verse TV service.

Details of the agreement were not disclosed.

Fee disputes between pay-TV companies and TV channels often result in channels being temporarily dropped. They usually end with the parties reaching agreement on fees.

> > Bull or Bear? Vote in Our Poll

In a separate fee dispute, satellite broadcaster Dish Network Corp. ( DISH) replaced AMC's channels with HDNet channels at midnight Saturday.

Dish, the third-largest pay-TV provider in the U.S., had earlier said it would drop AMC's channels because they're too expensive.

On Sunday, AMC reiterated its position that Dish is actually playing hardball because it wants to retaliate for a lawsuit Voom HD, an indirect subsidiary of AMC, filed against Dish for dropping it. The trial itself has not started, but a judge has ruled that Dish destroyed evidence in the case.

Dish did not immediately respond to a request for comment.

The new season of "Breaking Bad" starts July 15.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Stocks

Stocks Finish Higher After Release of Fed Minutes

Stocks Finish Higher After Release of Fed Minutes

Has Wall Street Completely Lost Its Mind on General Electric?

Has Wall Street Completely Lost Its Mind on General Electric?

Did Trump Just Torpedo the Stock Market Again?

Did Trump Just Torpedo the Stock Market Again?

10 Questions for PayPal Ahead of Its Big Investor Day

10 Questions for PayPal Ahead of Its Big Investor Day

Lowe's Taps Home Depot Veteran As New CEO

Lowe's Taps Home Depot Veteran As New CEO