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AMC to run BBC America in $200,000,000 deal

They take a 49.9% stake in BBC America (October 2014)

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BA
bilky asko
Quote:
US TV network AMC, which aired Mad Men and The Walking Dead, is to take over the running of BBC America after a $200m (£125m) deal with the BBC.

BBC America is available in almost 80 million homes in the US via cable and satellite.

AMC has bought a 49.9% stake in the channel, while the corporation's commercial arm BBC Worldwide will retain 50.1%.

BBC Worldwide chief executive Tim Davie said AMC was the "ideal partner".


article here ……..

NEWS on BBC.CO.UK
24-Oct-2014 @ 14:18

Considering the relatively recent successes with Doctor Who, Sherlock, et cetera, having a US-based partner is probably a wise move.
CA
Cando
It could have a big impact on BBC World News too according to Brian Stelter

Quote:
In fact, AMC will be representing the BBC World News channel as well as BBC America in the U.S., which may improve the news channel's chances of getting carried by cable and satellite distributors. Right now BBC World News is available in 30 million of the country's roughly 100 million homes with cable or satellite.

AMC will also take over U.S. ad sales for the BBC World News Channel.

But the deal is not just about getting bigger together. It's also about premium programming, said AMC Networks CEO Josh Sapan in a telephone interview Thursday night
http://money.cnn.com/2014/10/23/media/amc-bbc-deal/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:%2Brss/money_latest%2B(Latest%2BNews
WW Update, scottishtv and bilky asko gave kudos
PE
Pete Founding member
Is this taking over the old Discovery stake then?
CL
clh
It was 100% BBCW owned
Discovery hasn't been in it for a while
NG
noggin Founding member
Yes - the BBC has far fewer links with Discovery than it once did. The BBC America joint venture deal ended quite a while ago, as did the Discovery 'first look' deal that gave them first refusal for co-production of BBC Factual shows ISTR.

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