Time Warner, AMC Settle Dispute

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Time Warner Cable will continue to distribute Rainbow Media Holdings LLC’s AMC on its basic tier as part of a long-term deal reached Thursday, effectively ending a nearly one-year legal dispute between the two parties

A Time Warner spokesman confirmed that an agreement was reached between the two parties, but he would not reveal specific deal terms.

In July, a New York State Supreme Court judge ruled in favor of Time Warner’s December 2003 suit against AMC, which claimed that the network’s decision to move from offering classic movies to more contemporary film titles violated its long-term carriage deal with the MSO.

AMC initially vowed to appeal the decision. Representatives from Cablevision Systems Corp., which owns Rainbow, could not be reached for comment at press time.

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