AMC Networks, provider of the popular "Mad Men" and "The Walking Dead" series, has reached a new carriage agreement with AT&T U-Verse.
The AMC Networks, which includes AMC, IFC and We tv, announced Sunday that it had concluded its negotiations with the pay carrier but did not disclose financial details, according to hollywoodreporter.com.
Last week, AT&T U-Verse issued a statement that it would drop the AMC channels as of Saturday night if an agreement over carriage fees was not reached.
"We have reached a long-term agreement with AT&T that appropriately recognizes the value of our networks and our award-winning and high-quality programming," an AMC Networks statement said.
"We respect AT&T as a partner that has a genuine interest in working with us to ensure their customers continue to enjoy our programming, which includes the upcoming July 15 premiere of AMCs Breaking Bad."
"It was important to us on behalf of our U-verse TV customers to come to a positive resolution as quickly as possible," said Jeff Weber, president of content and advertising sales of AT&T. U-Verse television service has approximately 4 million subscribers.
As of Sunday, satellite carrier Dish Network dropped the AMC channels in its carriage dispute with the network.
"It's telling that AMC Networks has historically been able to negotiate fair agreements with television providers that reflect the value of our content," AMC Networks said in a statement.
AMC claims its dispute with Dish involves an unrelated lawsuit, reported the New York Times. In a statement, Dish, which has approximately 14 million subscribers, laid the blame on low viewership of AMC's IFC and WE channels.
"Dish dropped our networks not because of ratings or rates. In fact, Dish has not discussed rates with us at all," said AMC, according to the newspaper. "Dish customers have lost some of their favorite shows because of an unrelated lawsuit which has nothing at all to do with our programming, our ratings or our rates."
The lawsuit stems from 2008 when the satellite carrier decided to drop AMC's other channels. Dish reportedly told AMC that it wouldn't renew its contract for AMC, WE tv and IFC shortly after a judge rejected an appeal by Dish in April, the website reported.
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