Sapan’s Turn—AMC Expects to Feel Impact of Dish Drop
A day after a somewhat raucous DISH earnings call in which Charlie Ergen took aim at the channels, AMC Networks ' CEO Josh Sapan maintained his stance that the satellite company's removal of the networks is related to pending litigation over defunct HD channel service Voom. DISH has said it expects to lose some subs, but it should be manageable (Cfax , 8/9). AMC's Sapan said the loss of affiliate fees and ad revenues from DISH's drop will have a material impact on financial results in future periods. Read more in today’s issue.
News Corp's 2Q conference call featured a rare appearance of James Murdoch, deputy COO and son of CEO Rupert Murdoch. The young Murdoch didn't talk much other than to comment on Sky Italiawhich he chairs.
ABC, ESPN and ESPN2 will join forces to air all 32 games of the 2012 Little League World Series Aug 16-26 from Lamade Stadium and Volunteer Stadium in Williamsport, PA.