AMC Networks (PatrZDZ's vision)

**AMC Networks Inc.** is an American entertainment company headquartered in 11 Penn Plaza, New York.

AMC Networks owns and operates the eponymous cable channel and its siblings, IFC, We TV, News 12, Bravo, Much USA, MSG Metro Channels, NewSport; 8 regional sports networks; the art house movie theater IFC Center in New York City; the independent film companies IFC Films and RLJE Films; the anime licensor Sentai Filmworks; the premium subscription streaming services AMC+, IFC Films Unlimited, Acorn TV, Allblk, Shudder, Sundance Now, Philo and Hidive; and a minority interest in leading Canadian production studio Shaftesbury Films. The company operates in Europe & Latin America through its international division, AMC Networks International.

Formerly known as Rainbow Media Holdings, LLC (or alternately Rainbow Programming Holdings), the company was founded in 1980 as a subsidiary of Cablevision. It became a publicly traded company in July 2011. The company is operated under a joint venture between Altice and NBC.

## History

### As "Rainbow Media"

When Rainbow Programing Services was formed in mid-1980, it originally was a joint-venture of four cable television companies: Cablevision, Comcast, Cox Communications, and Daniels & Associates. The first service to come out of the partnership was launched on December 8, 1980. The hybrid service, which broadcast nightly on satellite time subleased from the National Christian Network featured culture events network Bravo on Sunday and Monday nights and adult-oriented B movie network Escapade the rest of the week. Due to the involvement of the four cable companies, the new service quickly gained subscribers. By July 1981, both channels expanded their offerings to seven nights a week. In August 1981, Playboy Enterprises became half-owner of Escapade which introduced a new programming block to the channel in early 1982. By the end of that year the network would relaunch as The Playboy Channel.

In the years that followed, the three other cable companies would exit the partnership, leaving Cablevision as the sole owner of Rainbow by 1983. Cablevision transferred control of its previously launched regional sports network SportsChannel New York to Rainbow. In 1983, three other regional sports networks were acquired: PRISM New England (soon to be relaunched as SportsChannel New England), Philadelphia-based PRISM, and Chicago-based SportsVision. Playboy also bought out Rainbow's share in The Playboy Channel, although it would continue to market the channel for the next few years.

In 1984, Rainbow added another new network to its portfolio, American Movie Classics (AMC) which initially featured "classic" pre-1970 movies. Cablevision began packaging AMC and Bravo together as the Rainbow Service. Near the end of 1984, CBS and Cablevision announced a deal to have CBS take 50% ownership in the Rainbow Service and Rainbow's marketing. The agreement also gave CBS partial ownership in the regional sports properties which had already become a joint venture with The Washington Post (the Post did not have ownership in Bravo or AMC). In 1986, Tele-Communications Inc. purchased a stake in AMC. Through this deal, the network which had 300,000 subscribers was able to greatly expand carriage to most of TCI's 3.9 million subscribers. Long Island cable news service News 12 was also launched in 1986.

CBS and Cablevision parted ways in 1987. In 1988, Rainbow's SportsChannel would make its largest programing deal, gaining national television rights for the National Hockey League. Cablevision gained a new partner that year, NBC, which obtained 50% ownership in Rainbow. Through this partnership, five additional regional sports networks were created in the Bay Area, Cincinnati, Cleveland, Philadelphia, and Los Angeles. The partnership also produced the Olympics Triplecast, a pay-per-view service providing additional coverage of the 1992 Summer Olympics.

1994 saw the launch of an American feed of the Canadian music channel MuchMusic USA, in partnership with CHUM Limited (who would launch a Canadian version of Bravo the year after), and the Independent Film Channel.