Cablevision Board Approves Spin-off of Rainbow Media, Parent to AMC, IFC
CEO James Dolan says the plan would allow investors "to more clearly evaluate each of the separate companies."
Cablevision's board of director has approved the spin-off of its Rainbow Media unit, which is the parent company to cable channels AMC (The Walking Dead, Mad Men and Breaking Bad), IFC, WE, Sundance Channel and Wedding Central, the Los Angeles Times reports.
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