Latest news with #AMCNetworks
Globe and Mail
3 days ago
- Business
- Globe and Mail
AMC Networks Inc. Announces Pricing of Private Offering of $400 Million of 10.50% Senior Secured Notes due 2032
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- AMC Networks Inc. ('AMC Networks' or the 'Company') (Nasdaq: AMCX) today announced that it has priced an offering of $400 million aggregate principal amount of 10.50% senior secured notes due 2032 (the 'Notes') in a private offering. The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks' existing and future domestic subsidiaries, subject to certain exceptions, on a senior secured basis. AMC Networks expects to use the net proceeds from the offering of the Notes, together with cash on hand or other immediately available funds, to (i) fund its tender offer (the 'Tender Offer') to purchase for cash up to $450,000,000 aggregate principal amount of its outstanding 4.25% Senior Notes due 2029, (ii) pay related premiums, fees and expenses incurred in connection with the offering of the Notes and the Tender Offer, and (iii) repurchase or repay other corporate indebtedness. AMC Networks is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the 'Securities Act'). The initial purchasers of the Notes will offer the Notes only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act or outside the United States to certain persons in reliance on Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act or under any state securities laws. Therefore, the Notes may not be offered or sold within the United States to, or for the account or benefit of, any United States person unless the offer or sale would qualify for a registration exemption from the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell, the solicitation of an offer to buy or a notice of redemption for any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About AMC Networks AMC Networks (Nasdaq: AMCX) is home to many of the greatest stories and characters in TV and film and the premier destination for passionate and engaged fan communities around the world. The Company creates and curates celebrated series and films across distinct brands and makes them available to audiences everywhere. Its portfolio includes targeted streaming services AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE; cable networks AMC, BBC AMERICA (which includes U.S. distribution and sales responsibilities for BBC News), IFC, SundanceTV and We TV; and film distribution labels Independent Film Company and RLJE Films. The Company also operates AMC Studios, its in-house studio, production and distribution operation behind acclaimed and fan-favorite original franchises including The Walking Dead Universe and the Anne Rice Immortal Universe; and AMC Networks International, its international programming business. Forward-Looking Statements This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements concerning the timing, terms and completion of the offering of the Notes, the anticipated use of proceeds from the offering of the Notes and the timing, terms and completion of the Tender Offer. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments or events may differ materially from those in the forward-looking statements as a result of various factors, including financial community perceptions of the Company and its business, operations, financial condition and the industries in which it operates and the factors described in the Company's filings with the Securities and Exchange Commission, including the sections titled 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' contained therein. The Company disclaims any obligation to update any forward-looking statements contained herein. Contacts
The Sun
5 days ago
- Entertainment
- The Sun
Over 1,000 FREE movies and TV shows added to popular Fire Stick app with hits including Death Becomes Her and The Purge
A POPULAR streaming app has added over 1,000 movies and TV shows to its catalogue - and they're all free. It even includes cult classics like Resident Evil, Death Becomes Her and The Purge. 2 2 Tubi offers a free ad-supported video-on-demand library which is compatible with Fire Sticks and mobile devices. Since launching in the UK in July 2024, the streamer has expanded to include more than 40,000 movies and TV episodes. The latest additions to the platform's extensive material comes from its deals with major distributors like AMC Networks, Lionsgate, NBCUniversal, New Regency and Sony Pictures. It includes films like Baby Driver, Zombieland, The Purge, and Mama - as well as a range of TV shows. Ross Appleton, General Manager of Tubi's UK service, said: "Since launching nearly a year ago in the UK, Tubi has doubled its library size, cementing its position as offering the biggest collection of free movies and TV series in the UK. "With rising costs and fragmentation in streaming, Tubi will continue to offer viewers extensive content choice and a highly personalised viewing experience. All for free." Sam Harowitz, SVP of Content Acquisitions and Partnerships at the company said they had looked at performance data to help them choose which genres to focus on. He said: "With these latest studio library deals we have further invested in robust existing partnerships and doubled down on providing fandoms with a deep catalogue of movies and TV series across top performing genres such as horror, action, thrillers, and comedies." In addition to its licensed content, the streaming service has also produced more than 300 exclusive originals. This includes the adult animation The Freak Brothers which was met with positive reviews. Roku reveals brand new streaming stick TV device packed with free channels With a star-studded cast including Woody Harrelson, John Goodman and Pete Davidson, the show followed three Freak brothers and their cat as they adjust to life in 2020 after a magical strain of marijuana put them to sleep for 50 years. If you're looking for a more family-friendly show, viewers can enjoy the popular animated series RoboForce which boasts a 9.2 / 10 star rating on IMDB. The streamer has also debuted an extensive list of original documentaries for those looking for a more hard-hitting TV show. Housing the largest collection of on-demand content, with 275,000 movies and TV episodes, the popular streamer has amassed a fanbase of 97 million monthly active users. With a range of foreign language films, and availability in countries including Ecuador, Mexico, Canada and Australia, it's no wonder the platform has amassed such a global viewership. The service was founded in 2014 as a revolutionary stand out in the streaming sector. Instead of a subscription-based model, the company relies on ads to provide a free service to its millions of users. Platforms like this have become increasingly popular as the cost of living has gone up and households have cut down on the number of services they pay for. All you need to do to access the seemingly endless free content is sign up to an account online. You can then download the app across a range of compatible devices - including Fire Sticks and mobile phones - to make the most of their content, wherever you are. The streamer is also running a competition for indie filmmakers that could launch their career. In a collaboration with Kickstarter, their FilmStream Collective gives filmmakers the opportunity to access funding with guaranteed distribution on the platform.
Yahoo
5 days ago
- Business
- Yahoo
AMC Networks Announces Proposed Private Offering of $400 Million of Senior Secured Notes due 2032
NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) ('AMC Networks' or the 'Company') announced today that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of senior secured notes due 2032 (the 'Notes') in a private offering. The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks' existing and future domestic subsidiaries, subject to certain exceptions, on a senior secured basis. AMC Networks expects to use the net proceeds from the offering of the Notes, together with cash on hand or other immediately available funds, to (i) fund its tender offer (the 'Tender Offer') to purchase for cash up to $450 million aggregate principal amount of its outstanding 4.25% Senior Notes due 2029, (ii) pay related premiums, fees and expenses incurred in connection with the offering of the Notes and the Tender Offer, and (iii) repurchase or repay other corporate indebtedness. AMC Networks is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the 'Securities Act'). The initial purchasers of the Notes will offer the Notes only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act or outside the United States to certain persons in reliance on Regulation S under the Securities Act. The Notes have not been and will not be registered under the Securities Act or under any state securities laws. Therefore, the Notes may not be offered or sold within the United States to, or for the account or benefit of, any United States person unless the offer or sale would qualify for a registration exemption from the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell, the solicitation of an offer to buy or a notice of redemption for any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About AMC Networks Inc. AMC Networks (Nasdaq: AMCX) is home to many of the greatest stories and characters in TV and film and the premier destination for passionate and engaged fan communities around the world. The Company creates and curates celebrated series and films across distinct brands and makes them available to audiences everywhere. Its portfolio includes targeted streaming services AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE; cable networks AMC, BBC AMERICA (which includes U.S. distribution and sales responsibilities for BBC News), IFC, SundanceTV and We TV; and film distribution labels Independent Film Company and RLJE Films. The Company also operates AMC Studios, its in-house studio, production and distribution operation behind acclaimed and fan-favorite original franchises including The Walking Dead Universe and the Anne Rice Immortal Universe; and AMC Networks International, its international programming business. This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements concerning the timing, terms and completion of the offering of the Notes, the anticipated use of proceeds from the offering of the Notes and the timing, terms and completion of the Tender Offer. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors, including financial community and rating agency perceptions of the Company and its business, operations, financial condition and the industries in which it operates and the factors described in the Company's filings with the Securities and Exchange Commission, including the sections titled 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' contained therein. The Company disclaims any obligation to update any forward-looking statements contained herein. Contacts: Investor RelationsNicholas Corporate CommunicationsGeorgia
Irish Daily Mirror
10-06-2025
- Entertainment
- Irish Daily Mirror
Irish language crime thriller Crá goes global as TG4 bosses confirm season two
An executive producer on TG4's Irish language series Crá has described the show as "special" - as the crime thriller is sold in 68 countries. Set in Donegal, the six-part series tells the story of Garda Conall Ó Súilleabháin (Dónall Ó Héalaí – Monster, Foscadh), who is thrust into a deeply personal case when the body of his mother, Sabine, is discovered 15 years after she vanished. Barred from the official investigation, Conall joins forces with Ciara-Kate (newcomer Hannah Brady), a determined journalist using her true crime podcast to unearth the village's darkest secrets. The show, which aired on TG4 on November 11, 2024, has now sold to 68 countries and is streaming under the international title Boglands, with major platforms such as ARTE in France and AMC Networks/Acorn TV in the USA acquiring rights. "From day one, we knew CRÁ was special," said Darach Ó Tuairisg, Executive Producer at Fíbín Media. "It's a modern, layered mystery grounded in a uniquely Irish setting, showcasing the best of Irish talent. "To now see it resonate in 68 countries, including being the first Irish language series to air on BBC Network and to see it broadcast in territories like the US and Australia in original language is a testament to the strength of our creative team and to the global appetite for compelling, original, Irish-language stories." Deirdre Ní Choistín, TG4 Director General, praised the series' international impact: "The global success of CRÁ, is a proud moment for TG4 and for Irish-language public service media. "It demonstrates that Irish language creativity and storytelling can have universal appeal. CRÁ reflects TG4's commitment to delivering compelling content that resonates far beyond Ireland and the Irish language community, and we are delighted that CRÁ will reach audiences around the world." Máire Ní Chonláin, Commissioning Editor at TG4, said: "We are incredibly proud of the cast and crew of CRÁ, whose talent and dedication have brought this powerful story to life. "Their hard work and creativity have helped the series achieve remarkable success, both at home and internationally. It's a shining example of the strength and global resonance of Irish-language storytelling." Building on the success of the first series, the producers and broadcasters are now pushing to start filming season two in early 2026.
Los Angeles Times
04-06-2025
- Business
- Los Angeles Times
AMC Networks partners with AI startup Runway
AMC Networks, known for series such as 'Breaking Bad' and 'The Walking Dead,' is partnering with AI startup Runway to use AI tools for marketing and developing its TV shows. Runway's AI technology will help AMC Networks ease access to standout scenes for promotional use. The tech will also be used to speed up 'pre-visualization' during development, which is when studios use images to plan scenes before filming takes place. Runway also said AMC Networks is exploring AI to be used for honing special effects ideas. 'As we explore the transformative potential of AI across our business, we see powerful opportunities to enhance both how we market and how we create,' said Stephanie Mitchko, the executive vice president of global media operations and technology at AMC Networks, in a statement. 'Our objective is always to use every tool at our disposal to help our creative partners fully realize the stories they want to tell,' Mitchko said. Entertainment companies have been exploring how to use AI in their processes, which supporters say can help reduce costs and allow creatives to test bold ideas without as many financial constraints. Last year, Runway announced a partnership with Lionsgate, in which Runway will create a new AI model for the studio to help with behind-the-scenes processes such as storyboarding. The company's technology has also been used in series like 'House of David' on Amazon Prime Video, according to Variety. 'We're building the foundations for a new era of media — the way content gets made and green-lit is changing rapidly, and that's impacting everything from production timelines and methodologies to distribution models and marketing tactics,' said Cristóbal Valenzuela, co-founder and CEO of Runway in a statement. AI remains a controversial topic in Hollywood. Some creatives and unionized workers have expressed concerns about how AI could reduce jobs. Writers have complained that AI models are being trained on their scripts without their permission or adequate compensation. Tech industry executives have said that they should be able to train AI models with content available online under the 'fair use' doctrine, which allows for the limited reproduction of material without permission from the copyright holder. AI filmmaking technology is advancing rapidly, such as with Google's introduction of its Veo 3 text-to-video tool and its Flow editing software. But experts say that artificial intelligence companies need to license content from professional studios in order to take the tools to the next level.
