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Rainbow Racks Up Carriage Extensions

Feb 2, 2005  •  Post A Comment

Rainbow Media Holding said that it was able during the second half of last year to negotiate extensions of carriage agreements with operators representing more than half of the distribution of its networks. In 2004, Rainbow faced the expiration of deals with key carriers including DirecTV, EchoStar and Comcast.

“Now we are in a very strong position,” said Josh Sapan, president and CEO of Rainbow Media Holdings. Rainbow reached deals with operators representing 25 million subscribers in the past 90 days, and operators with 20 million to 25 million subscribers in the months before that, he said.

Overall, Mr. Sapan said, license fees for the networks are up in the single-digit range. Rainbow’s networks include AMC, WE, IFC, Fuse and some regional sports channels.