According to AT&T, Rainbow Media and its parent company Cablevision are threatening to take AMC, IFC and WE TV channels away from AT&T U-verse TV customers. AT&T has provided the following statement to update customers on its programming negotiations with Rainbow Media:
"We are making every effort to reach a fair agreement and continue providing these channels to our customers. It’s unfortunate that Rainbow Media, owned by Cablevision, is clearly not negotiating in good faith, is trying to charge significantly more than the average of what our TV competitors pay for these channels, and is acting in a way that harms competition and limits consumer choice."
AT&T’s current contract with Rainbow Media expires at midnight on July 14.