AMC NETWORKS AND CHARTER COMMUNICATIONS ANNOUNCE EARLY MULTI-YEAR RENEWAL AGREEMENT FOR DISTRIBUTION OF AMC NETWORKS' LINEAR NETWORKS AND DIRECT-TO-CONSUMER STREAMING SERVICE
AMC Networks and Charter Communications have announced an early multi-year renewal of their distribution agreement. Key points include:
1. Charter will continue to carry AMC Networks' linear cable networks.
2. The ad-supported version of AMC+ will be included at no additional cost for Spectrum TV Select customers.
3. AMC+ will be available for purchase by Charter's Internet-only customers.
4. Spectrum TV Select Plus customers will receive over $40/month in retail value for streaming apps.
5. The deal includes continued access to AMC Networks' cable portfolio, featuring popular shows like The Walking Dead Universe and Dark Winds.
This agreement aligns with Charter's strategy of enhancing its content offerings and AMC Networks' goal of expanding viewer access to its programming.
AMC Networks e Charter Communications hanno annunciato un rinnovo anticipato pluriennale del loro accordo di distribuzione. I punti chiave includono:
1. Charter continuerà a trasmettere le reti via cavo lineari di AMC Networks.
2. La versione supportata da pubblicità di AMC+ sarà inclusa senza costi aggiuntivi per i clienti di Spectrum TV Select.
3. AMC+ sarà disponibile per l'acquisto dai clienti solo Internet di Charter.
4. I clienti di Spectrum TV Select Plus riceveranno oltre 40$/mese di valore al dettaglio per le app di streaming.
5. L'accordo include l'accesso continuato al portafoglio via cavo di AMC Networks, che presenta spettacoli popolari come The Walking Dead Universe e Dark Winds.
Questo accordo è in linea con la strategia di Charter di migliorare le sue offerte di contenuto e l'obiettivo di AMC Networks di espandere l'accesso degli spettatori alla sua programmazione.
AMC Networks y Charter Communications han anunciado una renovación anticipada por varios años de su acuerdo de distribución. Los puntos clave incluyen:
1. Charter continuará transmitiendo las redes de cable lineales de AMC Networks.
2. La versión con anuncios de AMC+ estará incluida sin costo adicional para los clientes de Spectrum TV Select.
3. AMC+ estará disponible para su compra por los clientes de solo Internet de Charter.
4. Los clientes de Spectrum TV Select Plus recibirán más de $40/mes en valor minorista por aplicaciones de streaming.
5. El acuerdo incluye el acceso continuado al portafolio de cable de AMC Networks, que cuenta con programas populares como The Walking Dead Universe y Dark Winds.
Este acuerdo se alinea con la estrategia de Charter de mejorar sus ofertas de contenido y el objetivo de AMC Networks de expandir el acceso de los espectadores a su programación.
AMC Networks와 Charter Communications는 배급 계약의 조기 다년 갱신을 발표했습니다. 주요 사항은 다음과 같습니다:
1. Charter는 AMC Networks의 선형 케이블 네트워크를 계속 방송합니다.
2. 광고 지원 버전의 AMC+가 Spectrum TV Select 고객을 위해 추가 비용 없이 제공됩니다.
3. AMC+는 Charter의 인터넷 전용 고객이 구매할 수 있습니다.
4. Spectrum TV Select Plus 고객은 스트리밍 앱을 위해 월 $40 이상의 소매 가치를 제공합니다.
5. 이 계약은 AMC Networks의 케이블 포트폴리오에 대한 지속적인 접근을 포함하며, 여기에는 The Walking Dead Universe와 Dark Winds와 같은 인기 프로그램이 포함되어 있습니다.
이 계약은 Charter의 콘텐츠 제공 향상 전략과 AMC Networks의 프로그래밍에 대한 Viewer의 접근성을 확장하려는 목표에 부합합니다.
AMC Networks et Charter Communications ont annoncé un renouvellement anticipé de plusieurs années de leur accord de distribution. Les points clés comprennent :
1. Charter continuera de diffuser les réseaux câblés linéaires d'AMC Networks.
2. La version financée par la publicité d'AMC+ sera incluse sans coût supplémentaire pour les clients de Spectrum TV Select.
3. AMC+ sera disponible à l'achat pour les clients Internet seulement de Charter.
4. Les clients de Spectrum TV Select Plus recevront plus de 40$/mois en valeur de détail pour les applications de streaming.
5. L'accord inclut un accès continu au portefeuille câblé d'AMC Networks, présentant des émissions populaires telles que The Walking Dead Universe et Dark Winds.
Cette entente s'inscrit dans la stratégie de Charter visant à améliorer ses offres de contenu et dans l'objectif d'AMC Networks d'élargir l'accès des téléspectateurs à sa programmation.
AMC Networks und Charter Communications haben eine frühzeitige mehrjährige Verlängerung ihrer Vertriebspartnerschaft bekannt gegeben. Schlüsselpunkte sind:
1. Charter wird die linearen Kabelnetzwerke von AMC Networks weiterhin übertragen.
2. Die werbefinanzierte Version von AMC+ wird für Spectrum TV Select-Kunden ohne zusätzliche Kosten enthalten sein.
3. AMC+ wird für Charter-Kunden, die nur Internet haben, zum Kauf erhältlich sein.
4. Spectrum TV Select Plus-Kunden erhalten über 40$/Monat im Einzelhandel für Streaming-Apps.
5. Der Deal umfasst den fortgesetzten Zugang zum Kabelportfolio von AMC Networks, das beliebte Shows wie The Walking Dead Universe und Dark Winds umfasst.
Diese Vereinbarung stimmt mit Charters Strategie überein, sein Inhaltsangebot zu verbessern, und mit dem Ziel von AMC Networks, den Zugang der Zuschauer zu seinem Programm zu erweitern.
- Early multi-year renewal of distribution agreement, ensuring long-term partnership
- Inclusion of ad-supported AMC+ at no additional cost for Spectrum TV Select customers
- Expansion of AMC+ availability to Charter's Internet-only customers
- Increased value proposition for Spectrum TV customers with over $40/month in streaming app retail value
- Continued access to AMC Networks' popular cable portfolio for Spectrum video customers
- None.
Insights
This early renewal agreement between AMC Networks and Charter Communications represents a significant shift in the streaming landscape. By including AMC+ in Spectrum TV Select packages at no additional cost, Charter is enhancing its value proposition to combat cord-cutting. This move aligns with the industry trend of bundling streaming services with traditional cable packages.
The deal's impact extends beyond just AMC and Charter. It sets a precedent for future negotiations between content providers and cable operators, potentially influencing how streaming services are packaged and priced. For AMC Networks, this agreement secures a stable revenue stream and expands its reach, which is important in the competitive streaming market.
Investors should note that while this deal strengthens AMC's position, it may also indicate pressure on standalone streaming models. The long-term implications for both companies' financials and market positions warrant close attention.
This agreement is likely to have a positive financial impact for both AMC Networks and Charter Communications. For AMC, it ensures a steady revenue stream from carriage fees and potentially increases AMC+ subscribers through Charter's customer base. This could lead to improved ad revenue and subscription growth for AMC Networks.
For Charter, the deal enhances its product offering without significantly increasing costs, potentially reducing churn and attracting new customers. The
While financial terms weren't disclosed, the multi-year nature of the agreement provides stability and predictability for both companies' future earnings. Investors should monitor future earnings reports to gauge the deal's impact on subscriber numbers and revenue growth for both entities.
Ad-Supported AMC+ will be Included in All Spectrum TV Select Packages at No Additional Cost to Customers
Charter to Make AMC+ Available for Purchase by Internet-Only Customers
With the addition of AMC+, Charter, through its programming deals, will be providing its Spectrum TV Select Plus customers more than
"This agreement with AMC Networks supports our goal of enhancing the value and variety of premium entertainment content available to our customers," said Tom Montemagno, Executive Vice President, Programming Acquisition for Charter, which operates the Spectrum brand of video and connectivity services. "The addition of AMC+ at no extra cost for our TV Select customers builds on our new distribution framework, which this year alone has included the addition of Paramount+ Essential, ViX Premium with Ads, Disney+ and ESPN+. We appreciate AMC Networks' partnership in reaching a distribution agreement that benefits our mutual customers and helps transform the video industry."
With the agreement, Spectrum video customers will continue to enjoy access to AMC Networks' cable portfolio, including AMC – home to The Walking Dead Universe, the Anne Rice Immortal Universe and acclaimed series, including Dark Winds, Gangs of
"This early, multi-year agreement between Charter and AMC Networks ensures Spectrum TV customers will continue to have access to our high-quality original programming however they prefer to watch it, including through the ad-supported version of AMC+," said Kim Kelleher, Chief Commercial Officer of AMC Networks. "Charter has been a long-time partner, and this agreement reflects our strong and mutually beneficial relationship and commitment to viewers."
Financial terms of the agreement were not disclosed.
About AMC Networks
AMC Networks (Nasdaq: AMCX) is home to many of the greatest stories and characters in TV and film and the premier destination for passionate and engaged fan communities around the world. The company creates and curates celebrated series and films across distinct brands and makes them available to audiences everywhere. Its portfolio includes targeted streaming services AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE; cable networks AMC, BBC AMERICA (operated through a joint venture with BBC Studios, which includes U.S. distribution and sales responsibilities for BBC News), IFC, SundanceTV and WE tv; and film distribution labels IFC Films and RLJE Films. The company also operates AMC Studios, its in-house studio, production and distribution operation behind acclaimed and fan-favorite original franchises including The Walking Dead Universe and the Anne Rice Immortal Universe; and AMC Networks International, its international programming business.
About Charter
Charter Communications, Inc. (NASDAQ: CHTR) is a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states through its Spectrum brand. Over an advanced communications network, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise® provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The Company also distributes award-winning news coverage and sports programming to its customers through Spectrum Networks. More information about Charter can be found at corporate.charter.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/amc-networks-and-charter-communications-announce-early-multi-year-renewal-agreement-for-distribution-of-amc-networks-linear-networks-and-direct-to-consumer-streaming-service-302237984.html
SOURCE Charter Communications, Inc.
FAQ
What are the key terms of the AMC Networks and Charter Communications renewal agreement?
How will Spectrum TV Select customers benefit from the AMC Networks and Charter Communications deal?
What is the estimated retail value of streaming apps provided to Spectrum TV Select Plus customers after the CHTR-AMCX deal?
Which AMC Networks channels will continue to be available to Spectrum video customers under the new agreement?
