AMC Networks finished buying “substantially all” of Liberty...
AMC Networks finished buying “substantially all” of Liberty Global’s international content division Chellomedia, for about $1 billion, said the acquirer in a news release Monday (http://bit.ly/1dmGK2U). The deal gives AMC a variety of TV channels with distribution to more than…
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390 million households in 138 countries, said AMC. Several of the channels specialize in movies “providing significant long-range opportunities for AMC Networks to distribute its original programming from AMC, IFC, Sundance Channel and WE tv across an expansive global footprint,” said AMC. The integration of Chellomedia into AMC Networks’ will be overseen by AMC Chief Operating Officer Ed Carroll, who will also oversee AMC’s other international business, AMC/Sundance Channel Global.