AMC Networks takes over running of BBC America with $200m 49.9% stake
US television network AMC has bought a 49.9 per cent stake in BBC America and will take over the running of the channel.
BBC Worldwide will retain the remaining 50.1 per cent stake, but AMC – known for airing popular shows such as Mad Men and The Walking Dead – will take over operational control after its $200m investment.
Tim Davie, BBC Worldwide chief executive, said: “They [AMC] are committed to the kind of high-quality, unmissable content that has already gained BBC America one of the most educated, affluent and tech savvy audiences in all of US television.”
BBC director-general Tony Hall added Read full story ›
Source: The Drum
