Rainbow Media To Become AMC Networks After Spinoff, With Sapan As Boss

By THE DEADLINE TEAM | Thursday March 10, 2011 @ 12:24pm PST

Bethpage, N.Y., March 10, 2011 – Cablevision Systems Corporation (NYSE: CVC) continues to move forward with the spin-off of its Rainbow Media business. The company announced today that longtime Rainbow Media executive Josh Sapan will become president and chief executive officer of the new public company, and that it will be named AMC Networks Inc., following the spin-off.

The new AMC Networks Inc. will include national programming networks AMC, WE tv, IFC, and Sundance Channel; AMC/Sundance Global, the company’s international programming business; IFC Entertainment, an independent film business that consists of multiple brands; and AMC Network Communications (formerly Rainbow Network Communications), a full service network programming origination and distribution company.

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Cablevision Spins Off Rainbow Media

By NELLIE ANDREEVA | Thursday December 16, 2010 @ 4:10pm PST
Nellie Andreeva

AMC’s parent Rainbow Media won’t be part of Cablevision anymore. After exploring a possible spin-off of its Rainbow Media division for the past couple of months, Cablevision Systems Corp. today announced it is proceeding with the spinoff after getting authorization from the board of directors. The spin-off is expected to … Read More »

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UPDATE: Rainbow And AT&T Ink New Deal, ‘Mad Men’ Season Saved On AT&T U-Verse

Nellie Andreeva

at&t u-verseAT&T and Rainbow Media just announced they have reached an new carriage agreement for Rainbow’s AMC, IFC and WEtv on AT&T U-verse 16 hours after their most recent extension expired and 10 days before the fourth season premiere of … Read More »

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