STAMFORD, Conn. and
NEW YORK, April 26, 2017 /PRNewswire/ -- Charter
Communications (Nasdaq: CHTR) and AMC Networks Inc. (Nasdaq: AMCX)
announced today a groundbreaking partnership that will leverage the
growing capacity of AMC Studios to develop and co-produce distinct,
high-quality original programming, with exclusive co-branded
content for Charter's Spectrum platform. The partnership will give
Spectrum customers access to content created specifically for them,
further differentiating Charter's platform and services.
AMC Studios produces some of the most popular and acclaimed
shows on television, including "The Walking Dead," "Fear the
Walking Dead," "The Son," "Into the Badlands," "Dirk Gently's
Holistic Detective Agency," and the forthcoming "The Terror." The
studio operation has grown from one production – "The Walking Dead"
– in 2010 to 10 scripted originals in 2016, as AMC Networks has
successfully executed a strategy to produce and own more of the
shows that appear on its linear television networks.
"This is an exciting deal that furthers Charter's goal of
providing its customers with world class products and services,"
said Tom Montemagno, EVP of
Programming Acquisition for Charter Communications. "AMC Networks
is one of the most respected producers of high-quality original
programming in the business and we are proud to partner with them
to identify, develop and produce original content that will further
differentiate our customer experience and the value we provide in a
competitive marketplace."
"Charter believes that quality customer care is a cornerstone of
their success, and by delivering unique, high-value products and
services they continue to differentiate the Spectrum customer
experience. This new content partnership is a powerful example of
that dynamic at work," said Ed
Carroll, AMC Networks COO. "As AMC Studios becomes an
increasingly important part of our business, this first-of-its-kind
partnership represents a new horizon for us."
The companies expect the first content co-produced and co-funded
through this partnership to premiere on Charter Spectrum in 2018.
Under the agreement between the two companies, Charter will have an
exclusive initial window in the U.S. to the co-produced
content for use on its own platform, while AMC Studios will retain
subsequent rights, including the right to distribute the content
internationally.
About Charter
Charter (NASDAQ: CHTR) is a leading broadband communications
company and the second largest cable operator in the United States. Charter provides a full
range of advanced broadband services, including Spectrum TV™ video
entertainment programming, Spectrum Internet™ access, and Spectrum
Voice™. Spectrum Business™ similarly provides scalable, tailored,
and cost-effective broadband communications solutions to business
organizations, such as business-to-business Internet access, data
networking, business telephone, video and music entertainment
services, and wireless backhaul. Charter's advertising sales and
production services are sold under the Spectrum Reach™ brand. More
information about Charter can be found at charter.com.
About AMC Networks
Dedicated to producing quality programming and content for more
than 30 years, AMC Networks Inc. owns and operates several of the
most popular and award-winning brands in cable television.
AMC, IFC, SundanceTV, WE tv, and IFC Films produce and deliver
distinctive, compelling and culturally relevant content that
engages audiences across multiple platforms. The Company also
operates BBC America through a joint venture with BBC
Worldwide. In addition, the Company operates AMC Networks
International, its global division. For more information,
please visit www.amcnetworks.com
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SOURCE Charter Communications, Inc.