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 This material may not be published, broadcast, rewritten or redistributed.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

Children's Place, Synchrony, Yeti and more: 'Mad Money' Lightning Round

Children's Place, Synchrony, Yeti and more: 'Mad Money' Lightning Round

Economist Perspective: Brexit Endgame in Sight?

Economist Perspective: Brexit Endgame in Sight?

Smaller Cap Stocks Could Make Great Stocking Stuffers Ahead of 2019

Smaller Cap Stocks Could Make Great Stocking Stuffers Ahead of 2019

Dow, S&P, Nasdaq Are All in Correction Territory Following Stock Selloff

Dow, S&P, Nasdaq Are All in Correction Territory Following Stock Selloff

Chart of the Day: The Cloud Kings Lost Their Crown in the Fourth Quarter

Chart of the Day: The Cloud Kings Lost Their Crown in the Fourth Quarter