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Stock impact report

TV Industry Scrambles To Understand Implications Of Landmark Charter-Disney Deal [Forbes]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Forbes
The deal likely sets a template for the future of the fading cable bundle, providing an approach for Charter's industry colleagues (they're really not competitors given the monopolies they enjoy in each service region), while putting media companies with both streaming and legacy cable and broadcast operations on notice that a new set of expectations are in place. But the ripple effects are likely to be wide across an industry already dealing with broken economic models, two grinding strikes, and other challenges. Most Favored Nation clauses in most contracts almost guarantee that other cable providers will get the same considerations in their own rights renewal talks, said several executives at the NextTV Summit NYC on Tuesday. Indeed, Charter CEO Chris Winfrey said as much in announcing the deal Monday: “This deal sets the framework for what should be developed throughout the entire industry.” “I think it's the first (such deal) of what we're going to see,” said Evan Adlman, Show less Read more
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