DISH (DISH) to Replace All Three AMC Networks with HDNet Movies

June 29, 2012 8:03 AM EDT
DISH (Nasdaq: DISH) will replace three AMC Networks channels -- IFC, WE and AMC -- tomorrow at 11:59 p.m. ET with what the company believes is stronger movie and entertainment content.

DISH will be providing HDNet Movies to replace AMC, and is offering Style and HDNet to replace WE and IFC.

DISH notified AMC Networks earlier in the year of its decision not to renew its contract due to the channels' high costs compared to their relatively low viewership.

DISH's actions come as AT&T and AMC Networks negotiate over what AT&T this week called an "excessive rate increase."

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