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Cablevision Near $500 Mil Sundance Deal

May 7, 2008  •  Post A Comment

Cablevision is nearing an agreement to buy Sundance Channel from NBC Universal, CBS and Robert Redford for about $500 million, the Wall Street Journal reports, citing sources it didn’t identify. Cablevision had talks with Mr. Redford about backing the channel’s launch more than a decade ago before starting its own IFC network, the newspaper says.
— Danny King

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