Innovative Cable TV And AMC Networks In Negotiations For A Fair Agreement To Reinstate Networks
St. Croix, St. Thomas and St. John, USVI – December 28, 2015 – The National Cable Telecommunications Cooperative (NCTC), a national not-for-profit Cable TV cooperative that negotiates programming fees for Innovative Cable TV and over 700 small cable operators cable companies across the United States and its Territories, are presently in negotiations with AMC Networks. AMC Networks, owner of cable networks such as AMC, BBC America, WE and IFC, are currently demanding large fee increases and have refused the request to allow networks to remain available to Innovative subscribers during discussions of a new contract. These price increases would be excessive especially in our current economic situation and extremely burdensome and unfair to our Innovative Cable TV Customers.
Graciela Rivera, Vice President of Cable TV Services stated, “Innovative Cable TV’s priority is to ensure that its customers are well informed. The current agreement with AMC Network expires on December 31st. If an agreement is not reached, AMC Networks could force Innovative Cable to remove AMC, WE, BBC American and IFC from the line-up on January 1st. We are encouraging our subscribers to visit TVOnMySide.com which includes a tool that educates subscribers on how these types of negotiations impact cable rates. Our goal is, once again, to protect Innovative Cable TV customers from significant programming fee increases and we will continue to work on their behalf.”
Rivera concluded, “We will continue to stand our ground for fairness to our customers and again, we are fully prepared to pay a fair price for the AMC programming our subscribers want and hope that negotiations are successful. We will continue to keep the community informed of the progress on these discussions.”