AMC Demands 50% More to Renew Contract
03/09/12 at 6:16 pm Steve
The owners of New York-based AMC want a nearly 50% increase over what they were paid last year, and a greater than 100% increase in annual payments by the end of their new proposed contract.
We have asked AMC Networks to reconsider. So far, they have refused and threatened to withdraw permission to carry their channels, if we do not meet their demands. We will continue negotiating with them, in an effort to keep these channels at a reasonable price. And we are more than willing to continue carrying AMC Networks while we negotiate.
Cable channels owned by AMC Networks include AMC, IFC, Sundance, and WE tv. AMC is available in most areas on the Expanded Basic level of service. IFC, Sundance, and WE tv are available in many areas on one of Suddenlink’s incremental levels of service, commonly known as “Digital Tiers.”
Entry filed under: Suddenlink News. Tags: AMC, Suddenlink.