AMC Networks has acquired Liberty Media’s Chellomedia, which operates channels distributed to some 390 million households in 138 countries, for $1.04 billion.
In a statement released Monday, AMC Nets said the Chellomedia properties “span a range of genres” and ultimately offer “significant long-range opportunities” for the programmer to distribute its original series outside the U.S.
The transfer in ownership creates some interesting business relationships: for one thing, among the channels distributed by Chellomedia are networks owned by A+E Networks, notably History, Bio and the Spanish cable net Crimen e Investigación.
CBS also owns multiple networks distributed by Chellomedia, and several versions of popular French pay-cabler Canal Plus are also on the service.
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