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[06/17/08 - 03:20 PM] Cablevision's Rainbow Media Completes Acquisition of Sundance Channel General Electric Company's NBC Universal, CBS Corporation's Showtime Networks and entities controlled by Robert Redford were the previous owners. |
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Cablevision's Rainbow Media Completes Acquisition of Sundance Channel
BETHPAGE, N.Y. - June 17, 2008 - Rainbow Media Holdings LLC, the programming subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it has completed the acquisition of Sundance Channel from General Electric Company's (NYSE: GE) NBC Universal, CBS Corporation's (NYSE: CBS) Showtime Networks, and entities controlled by Robert Redford. This follows the agreement that was reached on May 6, 2008.
About Rainbow Media Holdings LLC
Rainbow Media is a leading producer of targeted, multi-platform content for global distribution, creating and managing some of the world's most compelling and dynamic entertainment brands, including AMC, IFC, WE tv, Lifeskool, sportskool, and VOOM HD Networks. Through IFC Entertainment, Rainbow Media also owns and manages the following: IFC Films, a leading distribution company for independent film; IFC Productions, a feature film production company that provides financing for select independent film projects; and IFC Center, a three screen, state-of-the-art cinema in the heart of New York's Greenwich Village. Rainbow Media also operates Rainbow Advertising Sales Corporation, its advertising sales company; Rainbow Network Communications, its full service network programming origination and distribution company; and 11 Penn TV, a company that manages Rainbow Media's NYC studios and post-production facilities.
Cablevision Systems Corporation
Cablevision Systems Corporation is one of the nation's leading entertainment and telecommunications companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO: Interactive Optimum digital television, Optimum Online high-speed Internet, Optimum Voice digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision's Rainbow Media Holdings LLC operates several successful programming businesses, including AMC, IFC, WE tv, and other national and regional networks. In addition to its telecommunications and programming businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates Radio City Music Hall, the Beacon Theatre, and the Chicago Theatre and owns and operates Clearview Cinemas.
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[10/28/25 - 02:07 PM] "Sunday Night Football" on Record Pace Through Week 8, Averaging 24.7 Million Viewers on NBC and Peacock Packers-Steelers audience peaked at 28.2 million viewers on NBC and Peacock in the second quarter (9:15-9:30 p.m. ET).
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[10/28/25 - 12:01 PM] Netflix Top 10: Week of October 20 - "A House of Dynamite" Hits the Target at No. 1 in This Week's Top 10 Plus: "Nobody Wants This," "The Elixir," and "The Monster of Florence" rise to the top in their opening weekends.
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[10/28/25 - 12:01 PM] ABC Announces 2026 Midseason Premiere Dates Premiering Wednesday, February 25, ABC is scrubbing back in for Sacred Heart Hospital with back-to-back episodes of comedy "Scrubs" starring Zach Braff, Donald Faison and Sarah Chalke.
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[10/28/25 - 12:00 PM] Mark Harmon to Make Special Guest Appearance as Gibbs on "NCIS: Origins" During "NCIS" Crossover Event Tuesday, Nov. 11 In the crossover event airing on Veterans Day, younger Gibbs (Austin Stowell) and team investigate the small-town death of a naval officer in the '90s - a case that's unexpectedly re-opened in the present day.
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[10/28/25 - 10:01 AM] Hulu Renews Hit Emmy-Award Winning Comedy "Only Murders in the Building" for a Sixth Season! The series will film overseas for the first time, with the beloved crime-solving trio leaving New York City to investigate London's newest mystery.
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[10/28/25 - 10:01 AM] HBO in Production on New Ronan Farrow Documentary Tracking Sprawling Criminal Case in Johnson City, Tennessee The film chronicles a maze of revelations about Sean Williams of Johnson City, TN, a serial predator, tracing both his decades-long evasion of justice and an ensuing scandal over claims of corruption and systemic law enforcement failures.
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[10/28/25 - 08:32 AM] Peacock Sets Streaming Debut Dates for Focus Features' "Downton Abbey: The Grand Finale," Universal's "Nobody 2" and DreamWorks Animation's "The Bad Guys 2" The three films will roll out on successive Fridays beginning November 7.
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[10/28/25 - 08:30 AM] Epic New Landmark Natural History Series, "Kingdom," Set to Premiere Saturday, January 24 on BBC America and AMC+ Narrated by renowned naturalist and three-time Emmy Award-winner Sir David Attenborough, the major new six-part natural history series chronicles the dramatic real-life sagas of four African animal families, in one of the most ambitious projects ever undertaken by BBC Studios Natural History Unit.
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[10/28/25 - 08:01 AM] BBC Confirms Future of "Doctor Who" and a New Christmas Special in 2026 With Disney+ confirming they will not be partnering on the next season of the sci-fi show, the BBC remain fully committed to the show and will announce plans for the next series in due course to ensure the Doctor's adventures continue.
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[10/28/25 - 07:09 AM] Season 5 of ESPN Original Series "Peyton's Places," Presented by Elijah Craig Bourbon, Premieres November 2 Exclusively on ESPN+ Josh Allen, Jason Kelce, Jim Harbaugh, Rob Gronkowski, Julian Edelman, Joe Burrow, Boomer Esiason, Chad Johnson, and more are among the featured guests.
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[10/28/25 - 07:06 AM] Get Ready to Switch - Again! Disney's "Freakier Friday" Streaming Exclusively November 12 on Disney+ Jamie Lee Curtis and Lindsay Lohan reprise their roles in this hilarious sequel.
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[10/28/25 - 07:01 AM] "One Piece" Season 2 Premieres March 10, 2026 Additionally, Netflix revealed a first look at Drum Island.
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[10/28/25 - 06:47 AM] Prime Video Takes the Spotlight with Its New "Karaoke Club" Show, A Celebrity Singing Tour Hosted by the hilarious Stéphane Rousseau, the series transforms karaoke into an electrifying experience where the stars deliver their signature style with humor, energy, and, above all, a whole lot of fun.
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[10/28/25 - 06:31 AM] "Michelle Obama: The Style, the Power, the Look - a Conversation with Robin Roberts - Special Edition of 20/20" Airs Sunday, Nov. 2, on ABC, Streaming Next Day on Disney+ and Hulu The "Good Morning America" co-anchor joins Obama at Marymount University in Virginia in advance of her upcoming book, "The Look" - a celebration of style from the moment she entered the public eye - to discuss the lessons she's sharing about her newfound confidence and empowerment.
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[10/28/25 - 06:01 AM] Netflix Announces "The Future Is Ours," A Dystopian Limited Series Starring Enzo Vogrincic, Emiliano Zurita, Delfina Chaves, Marleyda Soto and Marco Antonio Caponi The series will be the first audiovisual adaptation of renowned American writer Philip K. Dick's work in Spanish.
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