AMC Networks Tuesday announced today a comprehensive, long-term distribution agreement with DISH Network and Sling TV that includes continued carriage of AMC Networks’ linear channels AMC, BBC America, IFC, SundanceTV, WE tv and BBC World News, as well as the launch in the coming months of AMC Networks’ targeted SVOD services Acorn TV, Shudder, Sundance Now and Urban Movie Channel (“UMC”); AMC Networks’ ad-free offering AMC Premiere; and its IFC Films Unlimited streaming service.
The announcement came the day before the company was set to report quarterly earnings. Carriage has been a constant question on earnings calls as programming distributors, Dish in particular, take a hard public line against price hikes in a world of falling ratings on linear television. Wall Street clearly appreciated the news, sending the stock up nearly 3.4% in early trading, outpacing the overall market and most other media stocks.
“We’re pleased to expand on our successful longtime partnership with DISH with the launch of our diverse portfolio of growing ad-free and targeted on-demand services and continued carriage of our linear networks,” said Josh Reader, President of Distribution and Development for AMC Networks. “Much like our linear channels, our ad-free services provide passionate audiences with exceptional content and new ways to innovate with valued distribution partners like DISH as our businesses evolve together.”