AMC Networks buying RLJ Entertainment | 電影影評網
![AMC Networks buying RLJ Entertainment](https://i.imgur.com/FK6P5g9.jpg)
Afteryearsofinvestments,AMCNetworksisbuyingamajoritystakeinRLJEntertainment,acompanythatownsstreamingserviceAcornTVandUrbanMovie ...
![AMC Networks buying RLJ Entertainment](https://i.imgur.com/FK6P5g9.jpg)
After years of investments, AMC Networks is buying a majority stake in RLJ Entertainment, a company that owns streaming service Acorn TV and Urban Movie Channel (UMC).
AMC Networks is buying the company as part of a going-private merger in a transaction valued at approximately $274 million. AMC Networks will pay, in cash, an aggregate of approximately $65 million to holders of RLJ Entertainment’s outstanding common stock, preferred stock and warrants not currently owned by AMC Networks, Robert L. Johnson and their respective affiliates.
Once the deal is wrapped, RLJ Entertainment will become an indirect subsidiary of AMC Networks, with founder Robert Johnson and his affiliates retaining a 17% stake in the company.
“Bob Johnson is a legend for good reasons that we are the beneficiaries of. His management team is extraordinary, having successfully transitioned Acorn TV f...
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RLJ Entertainment Company Profile | 電影影評網
AMC Networks buying RLJ Entertainment | 電影影評網
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