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 (NASDAQ: AMCX) and Charter Communications announced an early multi-year renewal of their distribution agreement dated Sept. 4, 2024. Under the deal, Charter will carry AMC Networks' portfolio of linear cable networks and include the ad-supported version of AMC+ at no additional cost for Spectrum TV Select customers. Charter will also offer AMC+ for purchase to its Internet-only customers.
Charter said the addition raises streaming-app retail value to more than $40/month for Spectrum TV Select Plus and over $30/month for Spectrum TV Select/Select Signature. The agreement keeps access to AMC, BBC America, IFC, SundanceTV and We TV. Financial terms were not disclosed.
AMC Networks (NASDAQ: AMCX) e Charter Communications hanno annunciato un rinnovo anticipato pluriennale del loro accordo di distribuzione, datato 4 settembre 2024. Secondo l'accordo, Charter includerà il portfolio di reti lineari di AMC Networks e includerà la versione supportata dalla pubblicità di AMC+ senza costi aggiuntivi per i clienti Spectrum TV Select. Charter offrirà anche AMC+ per la vendita ai propri clienti con accesso solo a Internet.
Charter ha affermato che l'aggiunta aumenta il valore al dettaglio delle applicazioni di streaming a più di 40 dollari/mese per Spectrum TV Select Plus e più di 30 dollari/mese per Spectrum TV Select/Select Signature. L'accordo mantiene l'accesso a AMC, BBC America, IFC, SundanceTV e We TV. I termini finanziari non sono stati divulgati.
AMC Networks (NASDAQ: AMCX) y Charter Communications anunciaron una renovación anticipada de varios años de su acuerdo de distribución, fechado el 4 de septiembre de 2024. Según el acuerdo, Charter transmitirá la cartera de redes lineales de AMC Networks e incluirá la versión con anuncios de AMC+ sin costo adicional para los clientes de Spectrum TV Select. Charter también ofrecerá AMC+ para su compra a sus clientes con acceso solo a Internet.
Charter afirmó que la incorporación eleva el valor minorista de la aplicación de streaming a más de 40 USD/mes para Spectrum TV Select Plus y más de 30 USD/mes para Spectrum TV Select/Select Signature. El acuerdo mantiene el acceso a AMC, BBC America, IFC, SundanceTV y We TV. No se divulgaron los términos financieros.
AMC Networks (NASDAQ: AMCX)와 Charter Communications은 2024년 9월 4일로 기재된 분배 계약의 조기 다년 갱신을 발표했다. 이 거래에 따라 Charter는 AMC Networks의 선형 케이블 네트워크 포트폴리오를 제공하고 AMC+의 광고 지원 버전을 Spectrum TV Select 고객에게 추가 비용 없이 포함할 예정이다. Charter는 또한 인터넷 전용 고객에게 구매를 통한 AMC+를 제공할 것이다.
Charter는 이 추가로 스트리밍 앱 소매 가치가 Spectrum TV Select Plus의 경우 월 40달러 이상, Spectrum TV Select/Select Signature의 경우 월 30달러 이상으로 상승한다고 밝혔다. 이 계약은 AMC, BBC America, IFC, SundanceTV 및 We TV에 대한 접근을 유지한다. 재정 조건은 공개되지 않았다.
AMC Networks (NASDAQ : AMCX) et Charter Communications ont annoncé un renouvellement anticipé de plusieurs années de leur accord de distribution, daté du 4 septembre 2024. Selon l'accord, Charter diffusera le portefeuille de réseaux linéaires d'AMC Networks et inclura la version soutenue par la publicité de AMC+ sans coût additionnel pour les clients Spectrum TV Select. Charter proposera également AMC+ à la vente à ses clients ayant un accès Internet uniquement.
Charter a indiqué que l'ajout porte la valeur au détail des applications de streaming à plus de 40 $/mois pour Spectrum TV Select Plus et plus de 30 $/mois pour Spectrum TV Select/Select Signature. L'accord conserve l'accès à AMC, BBC America, IFC, SundanceTV et We TV. Les termes financiers n'ont pas été divulgués.
AMC Networks (NASDAQ: AMCX) und Charter Communications gaben eine frühzeitige mehrjährige Verlängerung ihrer Vertriebsvereinbarung bekannt, datiert auf den 4. September 2024. Gemäß dem Abkommen wird Charter das Portfolio von linearen Kabelnetzwerken von AMC Networks ausstrahlen und die werbefinanzierte Version von AMC+ ohne zusätzliche Kosten für Spectrum TV Select-Kunden einschließen. Charter wird AMC+ auch zum Kauf für seine Internet-only-Kunden anbieten.
Charter sagte, dass die Einführung den Einzelhandelswert der Streaming-App auf mehr als 40 $/Monat für Spectrum TV Select Plus und über 30 $/Monat für Spectrum TV Select/Select Signature erhöht. Das Abkommen sichert den Zugang zu AMC, BBC America, IFC, SundanceTV und We TV. Finanzielle Bedingungen wurden nicht offengelegt.
AMC Networks (NASDAQ: AMCX) و Charter Communications أعلنت عن تجديد مبكر متعدد السنوات لاتفاقية التوزيع الخاصة بهما بتاريخ 4 سبتمبر 2024. وفقاً للصفقة، ستقوم Charter ببث مجموعة شبكات AMC Networks الخطية وستشمل الإصدار المدعوم بالإعلانات من AMC+ دون تكلفة إضافية لعملاء Spectrum TV Select. كما ستوفر Charter AMC+ للشراء لعملائها الذين لديهم وصول فقط إلى الإنترنت.
قالت Charter إن الإضافة ترفع قيمة تطبيقات البث بالتجزئة إلى أكثر من 40 دولاراً/شهرياً لـ Spectrum TV Select Plus و أكثر من 30 دولاراً/شهرياً لـ Spectrum TV Select/Select Signature. يحتفظ الاتفاق بالوصول إلى AMC وBBC America وIFC وSundanceTV وWe TV. لم تكشف الشروط المالية.
- AMC+ included at no extra cost for Spectrum TV Select customers
- Charter will offer AMC+ for purchase to Internet-only customers
- Renewal preserves carriage of AMC, BBC America, IFC, SundanceTV and We TV
- Streaming-app retail value reported as $40+/month for Select Plus customers
- Financial terms of the multi-year renewal were not disclosed
Insights
Early multi-year renewal secures carriage of AMC Networks' linear channels and adds ad-supported AMC+ into Spectrum bundles at no extra cost.
Charter will continue to carry the full portfolio of AMC Networks linear channels and will include the ad-supported tier of AMC+ at no additional cost for Spectrum TV Select customers, while offering AMC+ for purchase to Internet-only customers; Charter states this bundle raises streaming-app retail value to more than
The business mechanism is a distribution renewal and carriage-plus-bundle strategy that preserves channel access and shifts incremental consumer value into bundled streaming access; the agreement maintains existing channel distribution and expands perceived bundle value without disclosed financial terms. Key dependencies and risks include the unknown financial terms, which prevent assessment of revenue or margin effects, and the degree to which bundled inclusion drives incremental subscriber retention or churn among Spectrum customers.
Monitor the contract term length and any disclosed financials, plus subscriber engagement or take-up metrics for the included ad-supported AMC+ tier over the next 6–12 months to gauge material commercial impact.
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
NEW YORK and STAMFORD, Conn., Sept. 4, 2024 /PRNewswire/ -- AMC Networks (NASDAQ: AMCX) and Charter Communications, Inc. (NASDAQ: CHTR) today 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. Continuing Charter's industry-leading strategy of including programmer streaming apps in the cable bundle to enhance the value proposition, the ad-supported version of AMC Networks' direct-to-consumer streaming service AMC+ will be included at no additional cost to Charter's Spectrum TV Select customers. Additionally, Charter will make AMC+ available for purchase to its millions of 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 London and others – BBC America, IFC, SundanceTV and We TV. AMC+ is a premium streaming bundle featuring world-class originals, award-winning series and exclusive movies. The service includes same-day access to all original AMC series and full access to Shudder, Sundance Now and IFC Films Unlimited.
"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.
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SOURCE Charter Communications, Inc.
FAQ
What did AMC Networks (AMCX) and Charter (CHTR) announce on Sept. 4, 2024?
Will AMC+ be free for Spectrum subscribers after the AMCX–CHTR deal?
Will Charter make AMC+ available to Internet-only customers under the AMCX agreement?
Which AMC Networks channels remain available to Spectrum customers under the renewal?
How much streaming-app retail value did Charter say the deal provides for Spectrum customers?
Did AMC Networks disclose the financial terms of the renewal with Charter?
