As part of the settlement, Dish Network pays a cash settlement of $700 million to Cablevision and AMC Networks, $80 million of which is in consideration for the purchase of Cablevision’s multichannel video and data distribution service (MVDDS) licenses in 45 metropolitan areas in the US.
As part of the agreement, Dish will receive 500 MHz of wireless multichannel video distribution and data service spectrum licenses that cover a population of 150 million in 45 DMAs including New York, Los Angeles, Chicago, San Francisco and Philadelphia.
Dish will also enter into a long-term distribution agreement with AMC Networks to carry AMC, IFC, Sundance Channel and WE tv, and with The Madison Square Garden Company to carry Fuse on its satellite service; and also convey its 20-percent membership interest in Voom HD to Rainbow Programming Holdings LLC, such that all of the cash settlement remains with Cablevision and AMC Networks.
As part of a separate, multi-year agreement, Dish will resume broadcast of the AMC channel beginning 21 October. The AMC channel will be carried on Dish channel 131. Other AMC Networks programming, including Sundance Channel, WE tv and IFC, will return to Dish November 1. The Madison Square Garden Company's music-oriented Fuse channel will begin broadcast 1 November.