AMC is in discussions with BBC Worldwide for 50 percent of its United States cable television channel, BBC America.
Individuals with knowledge of the situation told Bloomberg News that BBC Worldwide is looking for a partnership that would allow it to cut costs, use AMC’s advertising sales, distribution networks and tap into AMC’s programming team.
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AMC would pay for its stake in cash and majority ownership of BBC America would stay with BBC.
Together, AMC and BBC could better weather the changing media landscape. AMC would be able to renegotiate cable costs for BBC America and its family of channels, including AMC, WE tv, IFC and SundanceTV.