AMC Networks Takes 49.9% Stake in BBC America and Operational Control
Posted in: UncategorizedAMC Networks is investing $200 million for a 49.9% stake in BBC America, home of shows like “Orphan Black” and “Doctor Who,” AMC said on Thursday.
As part of the deal, AMC Networks will have operational control of BBC America, a cable network part of BBC Worldwide, including affiliate and advertising sales and “will run it consisted with BBC’s editorial standards and policies.” BBC Worldwide, the commercial arm of British Broadcasting Corporation, will retain a 50.1% stake.
The deal ties BBC America to AMC Networks’ portfolio of channels, which includes AMC, IFC, We TV and SundanceTV, as well as AMC Networks International.
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