this post was submitted on 08 Nov 2024
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AMC Networks Paying $42M For Full Control Of BBC America (deadline.com)
submitted 2 weeks ago* (last edited 2 weeks ago) by GreenEngineering3475 to c/business
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cross-posted from: https://lemmy.world/post/21787336

AMC Networks has rolled up BBC America, paying $42 million in cash for full control of the cable network a decade after making a minority investment.

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[–] njm1314 3 points 2 weeks ago* (last edited 2 weeks ago)

That really doesn't seem like that much on the surface of things, but the more I think about the more I can't really imagine what kind of assets BBC America has. So what are they really buying?