AMC Networks And Charter Communications Announced They Have Agreed To An Early Renewal Of Their Distribution Agreement That Will Allow Charter To Carry AMC Networks' Portfolio Of Linear Cable Networks For Multiple Years To Come; Financial Terms Of The Agreement Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
AMC Networks and Charter Communications have renewed their distribution agreement, allowing Charter to carry AMC's cable networks for several years. AMC+ will be included in Spectrum TV Select packages at no extra cost and available for purchase by internet-only customers.
September 04, 2024 | 1:07 pm
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POSITIVE IMPACT
AMC Networks has secured an early renewal of its distribution agreement with Charter Communications, ensuring its cable networks' presence on Charter's platform for multiple years. The inclusion of AMC+ in Spectrum TV Select packages could boost AMC's viewership and ad revenue.
The renewal of the distribution agreement ensures AMC Networks' continued presence on Charter's platform, which is significant for maintaining and potentially increasing its audience base. The inclusion of AMC+ in Spectrum TV Select packages at no extra cost could lead to higher viewership and ad revenue, positively impacting AMC's financial performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Charter Communications has renewed its distribution agreement with AMC Networks, allowing it to offer AMC's cable networks and AMC+ to its customers. This move aligns with Charter's strategy to enhance its cable bundle value proposition.
The renewal of the agreement with AMC Networks allows Charter to continue offering popular content, which could help retain and attract customers. Including AMC+ in its packages enhances the value of Charter's offerings, potentially leading to increased customer satisfaction and retention.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70