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On March 10, 2011, Rainbow Media's parent company, Cablevision, as approved by its board on December 16, 2010, announced that it would be spinning off all of Rainbow Media's assets into a new publicly traded company now known today as AMC Networks, which would replace and become the successor to Rainbow Media later in 2011, and, as said in 2005, making their core cable business private.
In 1993, Cablevision's Rainbow Media division became the majority owner of the channel, when it bought out Liberty Media's 50% stake in AMC; incidentally in August of that year, Liberty announced its intent to purchase the 25% stake in the channel that Cablevision held at the time, with the Turner Broadcasting System helping to finance the ...
However, upon AMC Networks achieving its independence of Cablevision, the channel was shut down due to low ratings. [27] Rainbow Media also controlled Fuse TV until 2010, when ownership was transferred to Cablevision's Madison Square Garden division, now operating independently as The Madison Square Garden Company (see above).
Charles Dolan, a titan of the early cable industry who owned Cablevision, launched HBO and AMC Network and later branched out into iconic New York venues and sports teams, has died. He was 98.
Cablevision Systems Corp. (CVC) is considering spinning off its Rainbow unit, which includes cable channels AMC, Sundance and IFC. The company may spin off the unit to its shareholders as a "tax ...
Josh Sapan, a cable pioneer who has headed AMC Networks and its predecessors in the Dolan cable dynasty for more than 25 years, is seguing to the vice chairman role at AMC Networks. Matt Blank, a ...
Charles Francis Dolan (October 16, 1926 – December 28, 2024) was an American billionaire businessman, best known as founder of Cablevision and HBO. [1] Today, the Dolan family controls Madison Square Garden Sports, MSG Networks, Madison Square Garden Entertainment, Madison Square Garden, the Sphere, Radio City Music Hall, BBC America, and AMC Networks.
Cablevision and AMC Networks Announce Settlement in VOOM HD Litigation with DISH Network BETHPAGE, N.Y.--(BUSINESS WIRE)-- Cablevision Systems Corporation (NYS: CVC) and AMC Networks (NAS: AMCX ...