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FBN’s Dennis Kneale with the latest on the ongoing battle between DISH Networks, AMC and Cablevision, with DISH paying out $700 million to the netwo...
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The Dixie -- -- data and the DISH Network settling with Cablevision have AM seat when the popular shows.
Walking Dead and mad men okay that's popular Walking Dead half back on condition what prompted a -- peacemaking Dennis Neil -- sorry that's -- tell me that.
-- -- -- I don't know those TV shows are but go ahead.
You know Walking -- just broke a basic cable record -- -- -- in Canada while the most bitter fights in years between a carrier and -- channel and now -- Walking Dead reborn last night -- -- -- returned to the dish network for the first time in four months as part of a settlement.
Reached before dawn yesterday DISH Network which had -- -- AMC offered satellite service in July.
Now agreeing to pay 700 million dollars to AMC and its former parent.
Cablevision and I'm told that 700 million will be handed over this week and split 5050 between AMC and Cablevision.
Dish also restored ANC and its sibling channels I have seaweed TV and -- now that we'll settle at 2.5 billion dollar lawsuit.
That AMC of folly -- -- over a separate matter involving dish -- funding for this boom TV service that Cablevision.
Later -- but here's a rare happy thing.
All three major companies involved are trading up over.
52 week highs today.
Dish itself.
Up around 2.2 percent -- -- -- a few moments ago there is -- 2.4.
Cablevision out AMC it's up all even higher today up almost 3% 4 AMC there's a two point seven.
And cable budget teetering between green -- -- but it traded over a 52 week high early today develop a teensy bit real winner here though AMC may be.
This accounts for 15% or -- of its distribution it gets an instant price increase of more than thirty per -- front desk.
With little 4% increases for the next seven years there after and that deal.
Was struck in time for Walking Dead to get back off last night for the second episode on the third season we're gonna find out tomorrow.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- I can't tell you I bet it used just -- morning I would like the Walking Dead that's why you need on this alleged they many.
Dennis -- spank you don't -- there.
