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Cablevision’s Rainbow Media unit enjoyed a robust second quarter, growing its advertising revenue by 18 percent versus the year-ago period.
The ad-supported cable nets AMC, WE tv and IFC in Q2 generated $222.7 million in overall net revenue, improving on last year’s $199.1 million by 12 percent. When Sundance Channel, the local News 12 operations and other Rainbow business are thrown into the mix, the unit took in a grand total of $280.5 million on the quarter, up 11 percent versus $252.3
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