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AMC Studios

AMC Networks Inc.
Public
Traded as NASDAQAMCX
S&P 400 Component
Industry
Founded
  • 1980 (1980) (as Rainbow Media Holdings, LLC, a division of Cablevision)
  • 2011 (2011) (as AMC Networks)
Headquarters
Key people
Revenue Increase US$2.58 billion (2015)
Increase US$582.2 million (2013)
Increase US$290.2 million (2013)
Total assets Increase US$2.6 billion (2013)
Total equity Increase US$571.5 million (2013)
Owner Dolan family (67% voting stake)
Number of employees
2,197 (Feb 2014)
Divisions AMC
IFC
WE tv
SundanceTV
IFC Center
IFC Films
BBC America (50.1% BBC Worldwide)
AMC Networks International
Website www.amcnetworks.com

AMC Networks Inc. is an American entertainment company headquartered in 11 Penn Plaza, New York, that owns the cable channels AMC, IFC, WE tv, BBC America (with BBC Worldwide), and SundanceTV; the art house movie theater IFC Center in New York City; the independent film company IFC Films, and the horror-themed streaming service Shudder.

The company was originally launched in 1980 and formerly known as Rainbow Media Holdings, LLC, a subsidiary of Cablevision, but was spun off as a publicly traded company in July 2011. The company is majority-owned and controlled by the Dolan family.

When Rainbow was formed in 1980, it originally included Bravo and SportsChannel New York. As SportsChannel expanded by adding other regional networks, these also became part of Rainbow (see SportsChannel America). When SportsChannel was merged into Fox Sports Net, all of these networks except SportsChannel NY (then Fox Sports New York) were gradually sold off. Fox Sports New York was then transferred to the MSG Media and rebranded MSG+.

Rainbow originally started the Playboy Channel in 1982 as a joint-venture with Playboy; Cablevision would later sell its share back to Playboy.

In 1988, Cablevision merged their cable networks with NBC, giving NBC 50% ownership in Rainbow. Through a series of transactions, NBC's stake was eventually reduced. In 2002, Cablevision sold its share of Bravo to NBC and as part of the deal, NBC gave up its then 20% share in Rainbow.


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