Deals
AMC Will Buy Liberty Global’s Chellomedia for $1.04 Billion
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AMC Networks Inc., owner of the U.S. cable-TV channel that broadcasts “Breaking Bad” and “Mad Men,” agreed to buy Liberty Global Plc’s Chellomedia international unit for 750 million euros ($1.04 billion).
The purchase brings TV channels in 138 countries to AMC, broadening the reach of its shows, according to a statement today from the New York-based company. The new channels will expand the company’s AMC/Sundance Channel Global international programming business.