AMC NETWORKS CONTINUES NEGOTIATIONS WITH AT&T
New York, NY (July 1, 2012) - AMC Networks, Inc. (Nasdaq: AMCX), the parent company of AMC, IFC, Sundance Channel and WE tv, today offered the following statement regarding DISH and AT&T:
"DISH claims to put its customers first yet they've taken away DISH viewers' favorite scripted drama series, AMC's "The Walking Dead."* DISH dropped our networks not because of ratings or rates. In fact, DISH has not discussed rates with us at all. DISH customers have lost some of their favorite shows because of an unrelated lawsuit which has nothing at all to do with our programming. DISH customers will not be able to watch the new season of AMC's "Breaking Bad," premiering July 15, or upcoming seasons of "The Walking Dead," "Mad Men," or any of our other popular shows. We urge DISH customers who want to have access to our programming to call 1-855-KEEP-AMC or visit www.keepamc.com.
In a distinctly different matter, we are in ongoing discussions with AT&T about a new agreement and will update our viewers as soon as possible."
AMC Networks noted that it is in negotiations to renew a carriage agreement with AT&T that expired at midnight eastern time on June 30, 2012.
*Source: Nielsen Media Research 4Q11-1Q12 A18-49 (000) Dish Universe
(AMCs The Walking Dead currently ranks as the highest-rated scripted drama series in basic cable history.)
About AMC Networks Inc.
Dedicated to producing quality programming and movie content for more than 30 years, AMC Networks Inc. owns and operates several of the most popular and award-winning brands in cable television. AMC, IFC, Sundance Channel, WE tv, and IFC Films produce and deliver distinctive, compelling and culturally relevant content that engages audiences across multiple platforms. The company also operates AMC/Sundance Channel Global, an international programming business, and AMC Networks Broadcasting & Technology, a full-service network programming origination and distribution company.