This Slide: #76 of 100 |
Slide #76. AMC Networks — Chellomedia From Liberty Global
Acquirer:
AMC Networks (NASDAQ:AMCX)
Acquiree:
Chellomedia From Liberty Global
Details:
AMC Networks Inc. (Nasdaq:AMCX) announced today it has reached a definitive agreement to acquire substantially all of Chellomedia, the international content division of Liberty Global (Nasdaq:LBTYA) for 750 million (approximately $1.035 billion USD). The transaction is expected to close in the first quarter of 2014.
AMC Networks is a holding company. Through its subsidiaries, Co. is a global entertainment company. Co. distributes its content to audiences on an array of distribution platforms, including linear networks and subscription streaming services, as well as through licensing arrangements. Co. manages its business through the following two operating segments: Domestic Operations, which includes Co.'s programming services, its global streaming services, its AMC Studios operation and IFC Films; and International and Other, which includes AMC Networks International, Co.'s international programming businesses consisting of a portfolio of networks and Media, its production services business.
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