AMC Networks & DISH Reach Settlement; Subscribers Can Watch 'The Walking Dead' Tonight

Television
by Courtney
October 21, 2012 7:05 PM
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DISH customers can rejoice now, as AMC is back on DISH. Which means, you'll be able to watch tonight's all-new episode of The Walking Dead at 9PM EST.

It'll be preceded by last week's season premiere at 8PM EST, for those DISH customers who still haven't seen the season premiere.

DISH customers have been without AMC since July; AMC offered all DISH subscribers a special live stream (on its website) of the hit show's season premiere last week

Details via press release from AMC Networks below:

Cablevision and AMC Networks Announce Settlement in VOOM HD Litigation With DISH Network

BETHPAGE, N.Y., October 21, 2012 - Cablevision Systems Corporation (NYSE: CVC) and AMC Networks (NASDAQ: AMCX) today announced that they have settled their litigation with DISH Network LLC (NASDAQ: DISH) related to VOOM HD Holdings LLC. The lawsuit, VOOM HD Holdings LLC v. EchoStar Satellite LLC, was filed in the Supreme Court of the State of New York, County of New York.

The settlement agreements include the following components:

DISH Network pays a cash settlement of $700 million to Cablevision and AMC Networks, $80 million of which is in consideration for the purchase of Cablevision’s multichannel video and data distribution service (MVDDS) licenses in 45 metropolitan areas in the U.S.; DISH Network enters into a long-term distribution agreement with AMC Networks to carry AMC, IFC, Sundance Channel and WE tv, and with The Madison Square Garden Company to carry Fuse on its satellite service; and DISH also conveys its 20-percent membership interest in VOOM HD to Rainbow Programming Holdings LLC, such that all of the cash settlement remains with Cablevision and AMC Networks.

Promptly after payment of the cash settlement is received, the parties will file a joint stipulation to dismiss the lawsuit with prejudice. The allocation of the settlement proceeds between Cablevision and AMC Networks will be determined pursuant to the existing agreement relating to this litigation between the two companies.

Said Josh Sapan, President and CEO, AMC Networks: “We are glad to partner again with DISH Network and are delighted to bring back our popular channels and programming to their customers.”

Television
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