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Fidelity Communications has reached an agreement with AMC Networks that will keep popular shows like “The Walking Dead” airing on its cable TV systems, the company announced today. Terms of the agreement are not disclosed at this time.
Negotiations went down to the wire Dec. 31 and continued into the new year before a deal was struck. The agreement will keep AMC Networks in the Fidelity Communications lineup for the foreseeable future.
The agreement was reached through negotiations between AMC and the National Cable Television Cooperative (NCTC), a group of more than 700 smaller cable providers. Fidelity Communications is an NCTC member.
AMC has seen its popularity surge in recent years with original programming, including hits such as "Breaking Bad" and "Mad Men," and was demanding a large rate increase.
More details to come as the agreement is finalized.