There’s still no jury for AMC Networks’ $2.5B breach of contract suit against Dish Network — and the New York State Supreme Court won’t reconvene until Thursday. The jury was supposed to have been picked last week, but the process “is still ongoing,” reports Barclays Equity Research’s Anthony DiClemente. He says opening arguments could come Thursday “at the earliest.” The delays seem to hurt AMC more than Dish: The satellite company dropped AMC’s channels in June, and it’s hard to imagine Dish returning them to its 14.1M subscribers without a deal. DiClemente says that the trial now could run to late October which poses “some risk” to his Q4 earnings estimates for AMC, although he says it doesn’t change his forecast that the network owner will win “either a favorable settlement or judgment” in its favor. The trial will determine whether Dish had the right in 2008 to terminate its 15-year deal to air the Voom Networks suite of HD channels. The defunct channels, formerly owned by Cablevision, were packaged with AMC when the cable company spun off the network operation this year.
Yet Another Delay In AMC Networks Vs Dish Network Trial
What's Hot on Deadline
'Uncharted' Reconfigured: 'Spider-Man Homecoming's Tom Holland To Play Young Nathan Drake For Shawn Levy
'Criminal Minds': Kirsten Vangsness & A.J. Cook In Limbo Over Parity Push As Joe Mantegna & Matthew Gray Gubler Re-Up
'Wonder Woman' Promo Features 'Supergirl's Melissa Benoist, Chyler Leigh, Lynda Carter & Teri Hatcher
Latest Business News
- ‘Oslo’ Continues Awards Spree; ‘Indecent’s Paula Vogel, Too: The Obies
- Bob Beckel Accuser Retains Lawyer Behind Fox News Discrimination Suits
- UTA Gets In On Action, Inks Nitro Circus
- Big Media CEO Compensation Rose 21% In 2016: Is It More Out Of Whack Than Ever?
- Who’s Afraid Of Edward Albee? Dramatists Guild Backs ‘Virginia Woolf’ Playwright In Casting Dispute
- U.S.-Asia Institute Organizing Members Of Congress To Go To China In August