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Slide #76. AMC Networks — Chellomedia From Liberty Global
AMC Networks (NASDAQ:AMCX)
Chellomedia From Liberty Global
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 that owns and operates a suite of focused and targeted video entertainment products that are delivered to viewers on an array of platforms. Co.'s segments are: National Networks, which includes activities of its national programming networks, AMC Studios operations and AMC Broadcasting & Technology; and International and Other, which includes AMC Networks International, its international programming businesses consisting of a portfolio of channels around the world and AMC Networks subscription video on demand including its targeted subscription streaming services such as Acorn TV and Shudder.
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Hold (1.70 out of 4)
(ranked lower than approx. 100% of all stocks covered)
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