10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

(Mark One)

þ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended June 30, 2014

or

¨ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from              to             

Commission File Number: 1-35106

AMC Networks Inc.

(Exact name of registrant as specified in its charter)

Delaware	27-5403694
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
11 Penn Plaza, New York, NY	10001
(Address of principal executive offices)	(Zip Code)

(212) 324-8500

(Registrant’s telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  þ    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  þ    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company (as defined in Exchange Act Rule 12b-2).

Large accelerated filer	þ	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  þ

The number of shares of common stock outstanding as of August 1, 2014:

Class A Common Stock par value $0.01 per share	60,599,687
Class B Common Stock par value $0.01 per share	11,484,408

AMC NETWORKS INC. AND SUBSIDIARIES

FORM 10-Q

TABLE OF CONTENTS

		Page
PART I.	FINANCIAL INFORMATION
Item 1.	Financial Statements
	Condensed Consolidated Balance Sheets - June 30, 2014 and December 31, 2013 (unaudited)	1
	Condensed Consolidated Statements of Income - Three and Six Months Ended June 30, 2014 and 2013 (unaudited)	2
	Condensed Consolidated Statements of Comprehensive Income - Three and Six Months Ended June 30, 2014 and 2013 (unaudited)	3
	Condensed Consolidated Statements of Cash Flows - Six Months Ended June 30, 2014 and 2013 (unaudited)	4
	Notes to Condensed Consolidated Financial Statements (unaudited)	5
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	27
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	48
Item 4.	Controls and Procedures	49
PART II.	OTHER INFORMATION
Item 1.	Legal Proceedings	50
Item 6.	Exhibits	50
SIGNATURES		51

PART I. FINANCIAL INFORMATION

Item 1. Financial Statements.

AMC NETWORKS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Dollars in thousands, except per share amounts)

(unaudited)

	June 30, 2014			December 31, 2013
ASSETS
Current Assets:
Cash and cash equivalents	$	283,992		$	521,951
Accounts receivable, trade (less allowance for doubtful accounts of $1,799 and $931)	518,112			378,831
Amounts due from related parties, net	4,044			4,774
Current portion of program rights, net	398,563			317,922
Prepaid expenses and other current assets	57,606			65,512
Deferred tax asset, net	29,584			15,668
Assets held for sale	18,709			—
Total current assets	1,310,610			1,304,658
Property and equipment, net of accumulated depreciation of $179,433 and $164,865	130,040			71,068
Program rights, net	971,456			853,516
Amounts due from related parties, net	1,935			2,096
Deferred carriage fees, net	51,781			44,032
Intangible assets, net	498,361			209,552
Goodwill	601,921			76,748
Other assets	119,746			75,019
Total assets	$	3,685,850		$	2,636,689
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY
Current Liabilities:
Accounts payable	$	131,932		$	48,126
Accrued liabilities	127,388			131,290
Current portion of program rights obligations	261,274			210,190
Deferred revenue	43,220			23,429
Current portion of long-term debt	37,000			—
Current portion of capital lease obligations	2,834			1,718
Liabilities held for sale	17,632			—
Total current liabilities	621,280			414,753
Program rights obligations	490,499			449,587
Long-term debt	2,721,353			2,157,183
Capital lease obligations	29,038			12,387
Deferred tax liability, net	124,280			95,275
Other liabilities	95,489			78,755
Total liabilities	4,081,939			3,207,940
Commitments and contingencies
Stockholders’ deficiency:
Class A Common Stock, $0.01 par value, 360,000,000 shares authorized, 61,735,126 and 61,692,561 shares issued and 60,599,187 and 60,794,114 shares outstanding, respectively	617			617
Class B Common Stock, $0.01 par value, 90,000,000 shares authorized, 11,484,408 shares issued and outstanding	115			115
Preferred stock, $0.01 par value, 45,000,000 shares authorized; none issued	—			—
Paid-in capital	84,168			64,731
Accumulated deficit	(472,664		)	(602,686		)
Treasury stock, at cost (1,135,939 and 898,447 shares Class A Common Stock, respectively)	(47,605		)	(29,801		)
Accumulated other comprehensive income (loss)	6,792			(4,495		)
Total AMC Networks stockholders’ deficiency	(428,577		)	(571,519		)
Noncontrolling interests	32,488			268
Total stockholders’ deficiency	(396,089		)	(571,251		)
Total liabilities and stockholders’ deficiency	$	3,685,850		$	2,636,689

See accompanying notes to condensed consolidated financial statements.

1

AMC NETWORKS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

ThreeandSix Months Ended June 30, 2014 and 2013

(In thousands, except per share amounts)

(unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Revenues, net (including revenues, net from related parties of $7,525, $8,127, $15,214 and $16,268, respectively)	$	522,093		$	379,322		$	1,046,647		$	761,283
Operating expenses:
Technical and operating (excluding depreciation and amortization shown below and including charges from related parties of $0, $155, $0 and $310 respectively)	232,044			137,656			449,215			274,335
Selling, general and administrative (including charges from related parties of $890, $1,428, $1,549 and $2,222, respectively)	141,890			108,978			287,246			208,431
Restructuring expense	1,153			—			1,153			—
Depreciation and amortization	17,531			18,308			31,925			36,653
Litigation settlement gain	—			(132,944		)	—			(132,944		)
	392,618			131,998			769,539			386,475
Operating income	129,475			247,324			277,108			374,808
Other income (expense):
Interest expense	(33,923		)	(27,768		)	(65,695		)	(57,137		)
Interest income	318			169			659			422
Miscellaneous, net	869			(144		)	(4,241		)	(346		)
	(32,736		)	(27,743		)	(69,277		)	(57,061		)
Income from continuing operations before income taxes	96,739			219,581			207,831			317,747
Income tax expense	(36,559		)	(83,850		)	(75,664		)	(120,499		)
Income from continuing operations	60,180			135,731			132,167			197,248
Loss from discontinued operations, net of income taxes	(1,732		)	—			(2,482		)	—
Net income including noncontrolling interests	58,448			135,731			129,685			197,248
Net loss attributable to noncontrolling interests	207			—			337			—
Net income attributable to AMC Networks’ stockholders	$	58,655		$	135,731		$	130,022		$	197,248
Basic net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	0.84		$	1.90		$	1.84		$	2.76
Loss from discontinued operations	$	(0.02	)	$	—		$	(0.03	)	$	—
Net income	$	0.81		$	1.90		$	1.81		$	2.76
Diluted net income per share attributable to AMC Networks’ stockholders:
Income from continuing operations	$	0.83		$	1.87		$	1.83		$	2.72
Loss from discontinued operations	$	(0.02	)	$	—		$	(0.03	)	$	—
Net income	$	0.81		$	1.87		$	1.80		$	2.72
Weighted average common shares:
Basic weighted average common shares	72,043			71,568			71,910			71,430
Diluted weighted average common shares	72,802			72,643			72,343			72,613

See accompanying notes to condensed consolidated financial statements.

2

AMC NETWORKS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

ThreeandSix Months Ended June 30, 2014 and 2013

(Dollars in thousands)

(unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Net income including noncontrolling interests	$	58,448		$	135,731		$	129,685		$	197,248
Other comprehensive income:
Foreign currency translation adjustment	4,502			—			10,052			—
Unrealized gain on interest rate swaps	1,171			2,260			1,957			4,112
Other comprehensive income, before income taxes	5,673			2,260			12,009			4,112
Income tax expense	(432		)	(838		)	(722		)	(1,525		)
Other comprehensive income, net of income taxes	5,241			1,422			11,287			2,587
Comprehensive income	63,689			137,153			140,972			199,835
Comprehensive loss attributable to noncontrolling interests	207			—			337			—
Comprehensive income attributable to AMC Networks’ stockholders	$	63,896		$	137,153		$	141,309		$	199,835

See accompanying notes to condensed consolidated financial statements.

3

AMC NETWORKS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

Six Months Ended June 30, 2014 and 2013

(Dollars in thousands)

(unaudited)

	Six Months Ended June 30,
	2014			2013
Cash flows from operating activities:
Net income	$	129,685		$	197,248
Loss from discontinued operations	2,482			—
Loss attributable to noncontrolling interests	337			—
Adjustments to reconcile income from continuing operations to net cash from operating activities:
Depreciation and amortization	31,925			36,653
Share-based compensation expense related to equity classified awards	13,839			9,941
Amortization and write-off of program rights	291,467			202,076
Amortization of deferred carriage fees	5,501			5,158
Unrealized foreign transaction gain	(1,338		)	17
Unrealized gain on derivative contracts, net	(1,038		)	(2,796		)
Amortization of deferred financing costs and discounts on indebtedness	4,205			3,665
Bad debt expense (recoveries)	1,095			(32		)
Deferred income taxes	5,300			138,479
Excess tax benefits from share-based compensation arrangements	(4,708		)	(2,893		)
Other, net	(339		)	(657		)
Changes in assets and liabilities:
Accounts receivable, trade	(4,326		)	(15,295		)
Amounts due from/to related parties, net	891			2,519
Prepaid expenses and other assets	35,989			(20,616		)
Program rights and obligations, net	(336,284		)	(241,658		)
Income taxes payable	11,992			(113,025		)
Deferred revenue	19,867			(318,806		)
Deferred carriage fees and deferred carriage fees payable, net	(13,110		)	(406		)
Accounts payable, accrued expenses and other liabilities	(15,981		)	(20,094		)
Net cash provided by (used in) operating activities	177,451			(140,522		)
Cash flows from investing activities:
Capital expenditures	(18,755		)	(13,670		)
Payment for acquisition of a business, net of cash acquired	(993,210		)	—
Proceeds from insurance settlements	654			657
Net cash used in investing activities	(1,011,311		)	(13,013		)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt	600,000			—
Payments for financing costs	(9,266		)	(532		)
Purchase of treasury stock	(17,804		)	(11,950		)
Proceeds from stock option exercises	925			1,551
Excess tax benefits from share-based compensation arrangements	4,708			2,893
Principal payments on capital lease obligations	(1,312		)	(760		)
Distributions from noncontrolling interests	835			—
Net cash provided by (used in) financing activities	578,086			(8,798		)
Net decrease in cash and cash equivalents from continuing operations	(255,774		)	(162,333		)
Cash flows from discontinued operations:
Net cash used in operating activities	(2,719		)	—
Net decrease in cash and cash equivalents from discontinued operations	(2,719		)	—
Effect of exchange rate changes on cash and cash equivalents	20,534			—
Cash and cash equivalents at beginning of period	521,951			610,970
Cash and cash equivalents at end of period	$	283,992		$	448,637

See accompanying notes to condensed consolidated financial statements.

4

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Dollars in thousands, except per share amounts)

(unaudited)

Note 1. Description of Business and Basis of Presentation

Description of Business

AMC Networks Inc. (“AMC Networks”) and collectively with its subsidiaries (the “Company”) own and operate entertainment businesses and assets.

As of March 31, 2014, following the Chellomedia acquisition on January 31, 2014 (see Note 2), the manner in which the President and Chief Executive Officer, who is the chief operating decision maker, evaluates performance and makes decisions about how to allocate resources changed, resulting in the reorganization of the Company's operating segments. The National Networks operating segment now includes the results of AMC and Sundance Channel in Canada and AMC Networks Broadcasting & Technology, the Company's network technical services business, which primarily services the nationally distributed programming networks of the Company. Previously, the results of these operations were included in the International and Other operating segment. The results of AMC Networks International (formerly Chellomedia and AMC/Sundance Channel Global) are included in the International and Other operating segment. Operating segment information for the prior period has been recast to reflect these changes.

The Company is comprised of two operating segments:

• National Networks: Principally includes four nationally distributed programming networks: AMC, WE tv, IFC and SundanceTV. These programming networks are distributed throughout the United States (“U.S.”) via cable and other multichannel video programming distribution platforms, including direct broadcast satellite (“DBS”) and platforms operated by telecommunications providers (we refer collectively to these cable and other multichannel video programming distributors as “multichannel video programming distributors” or “distributors”). AMC, IFC and SundanceTV are also distributed in Canada. The National Networks operating segment also includes AMC Networks Broadcasting & Technology.

• International and Other: Principally includes AMC Networks International (formerly Chellomedia and AMC/Sundance Channel Global), the Company’s international programming businesses; IFC Films, the Company’s independent film distribution business; AMC Networks International - DMC (formerly Chello DMC), the broadcast solutions unit of certain networks of AMC Networks International; and various developing on-line content distribution initiatives. AMC Networks International consists of a portfolio of programming networks in Europe, Latin America, the Middle East and parts of Asia and Africa.

Basis of Presentation

Principles of Consolidation

These unaudited condensed consolidated financial statements include the accounts of AMC Networks and its majority-owned subsidiaries in which a controlling interest is maintained. All intercompany transactions and balances have been eliminated in consolidation.

These unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, these unaudited condensed consolidated financial statements do not include all the information and notes required for complete annual financial statements.

These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited condensed consolidated financial statements and notes thereto for the year ended December 31, 2013 contained in the Company’s 2013 Annual Report on Form 10-K (“2013 Form 10-K”) filed with the SEC.

The condensed consolidated financial statements as of June 30, 2014 and for the three and six months ended June 30, 2014 and 2013 are unaudited; however, in the opinion of management, such condensed consolidated financial statements include all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the periods presented.

The results of operations for the interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2014.

5

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the condensed consolidated financial statements include the valuation of acquisition-related assets and liabilities, the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets, valuation and recoverability of goodwill and long-lived intangible assets and income taxes.

Discontinued Operations

In connection with the acquisition of Chellomedia (see Note 2), management committed to a plan to dispose of the operations of Chellomedia's advertising sales unit, Atmedia. Accordingly, the assets and liabilities of Atmedia are classified as held for sale in the condensed consolidated balance sheet as of June 30, 2014 and the operating results have been classified as discontinued operations in the condensed consolidated statements of income for the three and six months ended June 30, 2014 (see Note 4).

Recently Issued Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (ASU 2014-08). ASU 2014-08 defines a discontinued operation as a disposal of a component or group of components that is disposed of or is classified as held for sale and “represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results.” The standard states that a strategic shift could include a disposal of (i) a major geographical area of operations, (ii) a major line of business, (iii) a major equity method investment, or (iv) other major parts of an entity. Although “major” is not defined, the standard provides examples of when a disposal qualifies as a discontinued operation. An entity is required to present in the statement of cash flows or disclose in a note either (i) total operating and investing cash flows for discontinued operations, or (ii) depreciation, amortization, capital expenditures, and significant operating and investing noncash items related to discontinued operations. Additional disclosures are required when an entity retains significant continuing involvement with a discontinued operation after its disposal, including the amount of cash flows to and from a discontinued operation. ASU 2014-08 is effective in the first quarter of 2015 and early adoption is permitted. The adoption of ASU 2014-08 is not expected to have a material effect on the Company's consolidated financial statements.

In May 2014, the FASB and International Accounting Standards Board ("IASB") issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 provides new guidance related to how an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard requires an evaluation of (i) transfer of control, (ii) variable consideration, (iii) allocation of selling price for multiple elements, (iv) intellectual property licenses, (v) time value of money and (vi) contract costs. The standard also expands the required disclosures related to revenue and cash flows from contracts with customers to provide greater insight into both revenue that has been recognized, and revenue that is expected to be recognized in the future from existing contracts. ASU 2014-09 is effective in the first quarter of 2017 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative-effect adjustment as of the date of adoption, with early application not permitted. The Company is currently determining its implementation approach and assessing the impact on the consolidated financial statements.

In June 2014, the FASB and IASB issued ASU No. 2014-12, Compensation-Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The ASU clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Therefore, an entity would not record compensation expense (measured as of the grant date without taking into account the effect of the performance target) related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. No new disclosures are required. ASU 2014-12 is effective in the first quarter of 2015 and early adoption is permitted. The adoption of ASU 2014-12 is not expected to have a material effect on the Company's consolidated financial statements.

Note 2. Acquisition of Chellomedia

On January 31, 2014, certain subsidiaries of AMC Networks purchased substantially all of Chellomedia (a combination of certain programming and content distribution subsidiaries and assets purchased from Liberty Global plc) for a purchase price of €750 million (approximately $1.0 billion), subject to adjustments for working capital, cash, and indebtedness acquired and for the

6

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

purchase of certain equity method investments. AMC Networks funded the purchase price with cash on hand and also borrowed an additional of $600 million under its term loan A facility (see Note 8).

The acquisition provides AMC Networks with television channels that are distributed to more than 390 million subscribers in over 130 countries and span a wide range of programming genres, most notably movie and entertainment networks. The acquisition of Chellomedia's operating businesses include: Chello Central Europe, Chello Latin America, Chello Multicanal, Chello Zone, Chello DMC (the broadcast solutions unit), and Atmedia (the advertising sales unit). The acquisition provides the Company with the opportunity to accelerate and enhance its international expansion strategy. The Company views this international opportunity as one that has the potential to provide long-term growth and value.

We have accounted for the acquisition of Chellomedia using the acquisition method of accounting, whereby the total purchase price was allocated to the acquired identifiable net assets of Chellomedia based on assessments of their estimated respective fair values, and the excess of the purchase price over the fair values of these identifiable net assets was allocated to goodwill and represents primarily the potential economic benefits that the Company believes may arise from its international expansion strategy. The goodwill associated with the Chellomedia acquisition is generally not deductible for tax purposes.

The acquisition accounting for Chellomedia as reflected in these condensed consolidated financial statements is preliminary and based on current estimates and currently available information, and is subject to revision based on final determinations of fair value and final allocations of purchase price to the identifiable assets and liabilities acquired. The primary estimated fair values that are not yet finalized relate to the valuation of intangible assets, property and equipment, noncontrolling interests acquired and income taxes.

The following table summarizes the preliminary allocation of the purchase price to the tangible and identifiable intangible assets acquired and liabilities assumed. The excess of the purchase price over those fair values was allocated to goodwill.

Consideration Transferred (1):
Cash, net of cash acquired	$	993,210
Preliminary purchase price allocation:
Accounts receivable, trade	133,200
Program rights	93,505
Prepaid expenses and other current assets	27,634
Deferred tax asset, net	25,318
Property and equipment	42,852
Intangible assets	296,300
Assets held for sale	18,927
Other assets	28,270
Accounts payable	(21,627		)
Accrued liabilities	(45,833		)
Program rights obligations	(31,984		)
Deferred tax liability, net	(24,590		)
Liabilities held for sale	(18,130		)
Other liabilities	(13,996		)
Noncontrolling interests acquired	(30,873		)
Fair value of net assets acquired	478,973
Goodwill	514,237
	$	993,210

⁽¹⁾ The cash consideration transferred is subject to adjustments in future periods for working capital, net debt acquired and for certain equity method investments that were not acquired at the acquisition date.

The following unaudited pro forma financial information is based on the historical condensed consolidated financial statements of AMC Networks and the historical combined financial statements of Chellomedia and is intended to provide

7

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

information about how the acquisition of Chellomedia and related financing may have affected AMC Networks' historical condensed consolidated financial statements if they had closed as of January 1, 2013. The unaudited pro forma information has been prepared for comparative purposes only and includes adjustments for additional interest expense associated with the terms of the Company's amended and restated credit agreement (see Note 8), estimated additional depreciation and amortization expense as a result of tangible and identifiable intangible assets acquired, and the reclassification of the operating results of the Atmedia business to discontinued operations (see Note 4). The pro forma information is not necessarily indicative of the results of operations that would have been achieved had the acquisition taken place on the date indicated or that may result in the future.

	2014		2013
	Pro Forma Financial Information for the Six Months Ended June 30,		Pro Forma Financial Information for the Three Months Ended June 30,		Pro Forma Financial Information for the Six Months Ended June 30,
Revenues, net	$	1,075,744	$	469,172	$	936,888
Income from continuing operations, net of income taxes	$	132,602	$	136,357	$	199,495
Net income per share, basic	$	1.84	$	1.91	$	2.79
Net income per share, diluted	$	1.83	$	1.88	$	2.75

Revenues and operating income attributable to Chellomedia of $167,470 and $21,858, respectively (excluding the discontinued operations of Chellomedia's advertising sales unit, Atmedia), are included in the condensed consolidated statement of income from the acquisition date, January 31, 2014 to June 30, 2014. Acquisition related costs of $14,139 (of which, $1,853 are included in the operating results of Chellomedia from the acquisition date to June 30, 2014) were incurred during the six months ended June 30, 2014 and are included in selling, general and administrative expense.

Note 3. Net Income per Share

The condensed consolidated statements of income present basic and diluted net income per share (“EPS”). Basic EPS is based upon net income divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effects of AMC Networks stock options (including those held by directors and employees of related parties of the Company) and AMC Networks restricted shares/units (including those held by employees of related parties of the Company).

The following is a reconciliation between basic and diluted weighted average shares outstanding:

	Three Months Ended June 30,		Six Months Ended June 30,
	2014	2013	2014	2013
Basic weighted average common shares outstanding	72,043,000	71,568,000	71,910,000	71,430,000
Effect of dilution:
Stock options	231,000	294,000	120,000	314,000
Restricted shares/units	528,000	781,000	313,000	869,000
Diluted weighted average common shares outstanding	72,802,000	72,643,000	72,343,000	72,613,000

As of June 30, 2014, approximately 326,000 restricted share units have been excluded from diluted weighted average common shares outstanding since they would have been anti-dilutive. Approximately 476,000 and 80,000 restricted shares/units for the three and six months ended June 30, 2014 and June 30, 2013, respectively have been excluded from diluted weighted average common shares outstanding since the performance criteria on these awards had not yet been satisfied in each of the respective periods.

8

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Note 4. Discontinued Operations

In connection with the acquisition of Chellomedia (see Note 2), management committed to a plan to dispose of the operations of Chellomedia's advertising sales unit, Atmedia. Accordingly, the assets and liabilities of Atmedia are classified as held for sale in the condensed consolidated balance sheet as of June 30, 2014 and the operating results have been classified as discontinued operations in the condensed consolidated statement of income from the acquisition date, January 31, 2014 to June 30, 2014.

Assets and liabilities of discontinued operations are summarized below:

Accounts receivable, trade	$	15,085
Prepaid expenses and other current assets	1,735
Property and equipment, net of accumulated depreciation	1,808
Deferred taxes	81
Assets held for sale	$	18,709
Accounts payable	$	12,653
Accrued liabilities	4,676
Deferred revenue	90
Deferred tax liability, net	77
Other liabilities	136
Liabilities held for sale	$	17,632

The operating results of discontinued operations from the acquisition date, January 31, 2014 to June 30, 2014 are summarized below:

	Three Months Ended June 30, 2014			Five Months Ended June 30, 2014
Revenues, net	$	11,533		$	18,171
Loss before income taxes	(806		)	(1,690		)
Income tax expense	(926		)	(792		)
Loss from discontinued operations	$	(1,732	)	$	(2,482	)

Note 5. Property and Equipment

During the six months ended June 30 2014, AMC Networks International entered into leases relating to satellite equipment which were recorded as capital leases. At June 30, 2014, the gross amount of satellite equipment is$34,162 and the related accumulated amortization recorded under capital leases is $9,865.

9

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Note 6. Goodwill and Other Intangible Assets

The carrying amount of goodwill, by operating segment is as follows:

	National Networks			International and Other		Total
December 31, 2013	$	76,748		$	—	$	76,748
Additions—business acquisition	—			514,237		514,237
Amortization of "second component" goodwill	(1,278		)	—		(1,278		)
Foreign currency translation	—			12,214		12,214
June 30, 2014	$	75,470		$	526,451	$	601,921

The increase in the carrying amount of goodwill for the International and Other operating segment relates to the acquisition of Chellomedia (see Note 2).

The reduction of $1,278 in the carrying amount of goodwill for the National Networks is due to the realization of a tax benefit for the amortization of "second component" goodwill at SundanceTV. Second component goodwill is the amount of tax deductible goodwill in excess of goodwill for financial reporting purposes. In accordance with the authoritative guidance at the time of the SundanceTV acquisition, the tax benefits associated with this excess are applied to first reduce the amount of goodwill, and then other intangible assets for financial reporting purposes, if and when such tax benefits are realized in the Company's tax returns.

The following tables summarize information relating to the Company’s identifiable intangible assets:

	June 30, 2014
	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Affiliate and customer relationships	$	486,229	$	(66,417	)	$	419,812
Trade names	59,934		(1,294		)	58,640
Other amortizable intangible assets	644		(635		)	9
Total amortizable intangible assets	546,807		(68,346		)	478,461
Indefinite-lived intangible assets:
Trademarks	19,900		—			19,900
Total intangible assets	$	566,707	$	(68,346	)	$	498,361
	December 31, 2013
	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Affiliate relationships	$	243,600	$	(53,971	)	$	189,629
Other amortizable intangible assets	644		(621		)	23
Total amortizable intangible assets	244,244		(54,592		)	189,652
Indefinite-lived intangible assets:
Trademarks	19,900		—			19,900
Total intangible assets	$	264,144	$	(54,592	)	$	209,552

Affiliate and customer relationships (with estimated useful lives between 12-25 years), trade names (with estimated useful lives of 20 years) and goodwill increased as a result of the acquisition of Chellomedia and are based on current estimates and currently available information, and are subject to revision based on final determinations of fair value (see Note 2).

10

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Aggregate amortization expense for amortizable intangible assets for the six months ended June 30, 2014 and 2013 was $13,792 and $25,044, respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:

Years Ending December 31,
2014	$	28,835
2015	30,556
2016	30,556
2017	30,556
2018	30,556

Annual Impairment Test of Goodwill

Based on the Company’s annual impairment test for goodwill as of the end of February 2014, no impairment charge was required for any of the reporting units. The Company performed a qualitative assessment for each reporting unit. The qualitative assessment included, but was not limited to, consideration of the historical significant excesses of the estimated fair value of each reporting unit over its respective carrying value (including allocated goodwill), macroeconomic conditions, industry and market considerations, cost factors and historical and projected cash flows.

In assessing the recoverability of goodwill, the Company must make assumptions regarding estimated future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized and also the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Estimates of fair value for goodwill impairment testing are primarily determined using discounted cash flows and comparable market transactions methods. These valuation methods are based on estimates and assumptions including projected future cash flows, discount rate and determination of appropriate market comparables and determination of whether a premium or discount should be applied to comparables. Projected future cash flows also include assumptions for renewals of affiliation agreements, the projected number of subscribers and the projected average rates per basic and viewing subscribers and growth in fixed price contractual arrangements used to determine affiliation fee revenue, access to program rights and the cost of such program rights, amount of programming time that is advertiser supported, number of advertising spots available and the sell through rates for those spots, average fee per advertising spot and operating margins, among other assumptions. If these estimates or material related assumptions change in the future, we may be required to record impairment charges related to goodwill.

Annual Impairment Test of Identifiable Indefinite-Lived Intangible Assets

Based on the Company's annual impairment test for identifiable indefinite-lived intangible assets as of the end of February 2014, no impairment charge was required. The Company’s indefinite-lived intangible assets relate to SundanceTV trademarks, which were valued using a relief-from-royalty method in which the expected benefits are valued by discounting estimated royalty revenue over projected revenues covered by the trademarks. In order to evaluate the sensitivity of the fair value calculations for the Company’s identifiable indefinite-lived intangible assets, the Company applied a hypothetical 20% decrease to the estimated fair value of the identifiable indefinite-lived intangible assets. This hypothetical decrease in estimated fair value would not result in an impairment.

Significant judgments inherent in estimating the fair value of indefinite-lived intangible assets include the selection of appropriate discount and royalty rates, estimating the amount and timing of estimated future cash flows and identification of appropriate continuing growth rate assumptions. The discount rates used in the analysis are intended to reflect the risk inherent in the projected future cash flows generated by the respective intangible assets.

11

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Note 7. Accrued Liabilities

Accrued liabilities consist of the following:

	June 30, 2014		December 31, 2013
Interest	$	28,529	$	27,770
Employee related costs	70,988		88,512
Other accrued expenses	27,871		15,008
Total accrued liabilities	$	127,388	$	131,290

Note 8. Debt

Debt consists of:

	June 30, 2014			December 31, 2013
Senior Secured Credit Facility: (a)
Term loan A facility	$	1,480,000		$	880,000
Senior Notes
7.75% Notes due July 2021	700,000			700,000
4.75% Notes due December 2022	600,000			600,000
Total long-term debt	2,780,000			2,180,000
Unamortized discount	(21,647		)	(22,817		)
Long-term debt, net	2,758,353			2,157,183
Current portion of long-term debt	37,000			—
Noncurrent portion of long-term debt	$	2,721,353		$	2,157,183

(a) The Company’s $500,000 revolving credit facility remains undrawn at June 30, 2014. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.

Amended and Restated Senior Secured Credit Facility

On December 16, 2013 (the “Refinancing Date”), AMC Networks and its subsidiary, AMC Network Entertainment LLC (the “Borrowers”), and certain of AMC Networks’ subsidiaries, as restricted subsidiaries, entered into an amended and restated credit agreement, which amended and restated AMC Networks’ prior credit agreement dated June 30, 2011 in its entirety.

The amended and restated credit agreement provides the Borrowers with senior secured credit facilities consisting of (a) an initial $880,000 term loan A that was used by AMC Networks to retire the then outstanding term loan A facility provided under the June 30, 2011 original credit agreement, plus a subsequent $600,000 term loan A (collectively, the “Term Loan A Facility”) which was drawn on January 31, 2014 upon the satisfaction of certain conditions related to consummation of AMC Networks’ acquisition of substantially all of Chellomedia (see Note 2), and (b) a $500,000 revolving credit facility (together with the Term Loan A Facility, collectively, the “Credit Facility”). The Term Loan A Facility matures on December 16, 2019. The revolving credit facility matures on December 16, 2018.

In connection with the subsequent $600,000 term loan A facility, AMC Networks incurred deferred financing costs of $9,266in 2014, which is amortized to interest expense, utilizing the effective interest method.

12

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Note 9. Fair Value Measurement

The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels:

• Level I - Quoted prices for identical instruments in active markets.

• Level II - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

• Level III - Instruments whose significant value drivers are unobservable.

The following table presents for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis:

	Level I		Level II		Level III		Total
At June 30, 2014:
Assets:
Cash equivalents (a)	$	13,032	$	—	$	—	$	13,032
Foreign currency forward exchange contracts	$	—	$	3,087	$	—	$	3,087
Liabilities:
Interest rate swap contracts	$	—	$	10,022	$	—	$	10,022
Foreign currency forward exchange contracts	$	—	$	2,413	$	—	$	2,413
At December 31, 2013:
Assets:
Cash equivalents (a)	$	63,029	$	—	$	—	$	63,029
Foreign currency option contracts	$	—	$	2,577	$	—	$	2,577
Liabilities:
Interest rate swap contracts	$	—	$	12,713	$	—	$	12,713

(a) Represents the Company’s investment in funds that invest primarily in money market securities.

The Company’s cash equivalents represents investment in funds that invest primarily in money market securities and are classified within Level I of the fair value hierarchy because they are valued using quoted market prices.

The Company’s interest rate swap contracts and foreign currency contracts (see Note 10 below) are classified within Level II of the fair value hierarchy and their fair values are determined based on a market approach valuation technique that uses readily observable market parameters and the consideration of counterparty risk.

Fair value measurements are also used in nonrecurring valuations performed in connection with acquisition accounting. These nonrecurring valuations primarily include the valuation of affiliate and customer relationships intangible assets and property and equipment. With the exception of certain inputs for our weighted average cost of capital and discount rate calculations that are derived from pricing services, the inputs used in the Company’s discounted cash flow analyses, such as forecasts of future cash flows, are based on assumptions. The valuation of affiliate and customer relationships is primarily based on an excess earnings methodology, which is a form of a discounted cash flow analysis. The excess earnings methodology requires us to estimate the specific cash flows expected from the affiliate and customer relationships, considering such factors as estimated life of the relationships and the revenue expected to be generated over the life of such relationships. Tangible assets are typically valued using a replacement or reproduction cost approach, considering factors such as current prices of the same or similar equipment, the age of the equipment and economic obsolescence. All of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level III of the fair value hierarchy.

13

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Credit Facility Debt and Senior Notes

The fair values of each of the Company’s debt instruments are based on quoted market prices for the same or similar issues or on the current rates offered to the Company for instruments of the same remaining maturities.

The carrying values and estimated fair values of the Company’s financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows:

	June 30, 2014
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	1,478,486	$	1,483,700
7.75% Notes due July 2021	689,065		782,250
4.75% Notes due December 2022	590,802		600,000
	$	2,758,353	$	2,865,950
	December 31, 2013
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	878,315	$	876,700
7.75% Notes due July 2021	688,497		787,500
4.75% Notes due December 2022	590,371		571,500
	$	2,157,183	$	2,235,700

Fair value estimates related to the Company’s debt instruments presented above are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

Note 10. Derivative Financial Instruments

Interest Rate Risk

To manage interest rate risk, the Company enters into interest rate swap contracts to adjust the amount of total debt that is subject to variable interest rates. Such contracts effectively fix the borrowing rates on floating rate debt to limit the exposure against the risk of rising interest rates. The Company does not enter into interest rate swap contracts for speculative or trading purposes and it has only entered into interest rate swap contracts with financial institutions that it believes are creditworthy counterparties. The Company monitors the financial institutions that are counterparties to its interest rate swap contracts and to the extent possible diversifies its swap contracts among various counterparties to mitigate exposure to any single financial institution.

The Company’s risk management objective and strategy with respect to interest rate swap contracts is to protect the Company against adverse fluctuations in interest rates by reducing its exposure to variability in cash flows relating to interest payments on a portion of its outstanding debt. The Company is meeting its objective by hedging the risk of changes in its cash flows (interest payments) attributable to changes in the LIBOR index rate, the designated benchmark interest rate being hedged (the “hedged risk”), on an amount of the Company’s debt principal equal to the then-outstanding swap notional. The forecasted interest payments are deemed to be probable of occurring.

The Company assesses, both at the hedge’s inception and on an ongoing basis, hedge effectiveness based on the overall changes in the fair value of the interest rate swap contracts. Hedge effectiveness of the interest rate swap contracts is based on a hypothetical derivative methodology. Any ineffective portion of the interest rate swap contracts is recorded in current-period earnings. Changes in fair value of interest rate swap contracts not designated as hedging instruments are recognized in earnings and included in interest expense.

14

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

As of June 30, 2014, the Company had interest rate swap contracts outstanding with notional amounts aggregating $657,875, which consists of interest rate swap contracts with notional amounts of $457,875 that are designated as cash flow hedges and interest rate swap contracts with notional amounts of $200,000 that are not designated as hedging instruments. The Company’s outstanding interest rate swap contracts have varying maturities ranging from September 2015 to July 2017. At June 30, 2014, the Company’s interest rate swap contracts designated as cash flow hedges were highly effective, in all material respects.

Foreign Currency Exchange Rate Risk

To manage foreign currency exchange rate risk, the Company enters into foreign currency contracts from time to time with financial institutions to limit the exposure to fluctuations in foreign currency exchange rates. The Company does not enter into foreign currency contracts for speculative or trading purposes.

Historically, the Company's exposure to foreign currency fluctuations has been limited to certain trade receivables from the distribution of our programming in certain territories outside of the U.S. that are denominated in a foreign currency. During 2013, in order to mitigate the foreign currency exchange rate risk in fluctuations in the euro denominated purchase price of Chellomedia, the Company purchased euros and entered into foreign currency option contracts. At December 31, 2013, cash and cash equivalents included €250,000 and prepaid expense and other current assets included $2,577 representing the fair value of foreign currency option contracts with notional amounts aggregating €125,000. Prior to their expiration, and in connection with the purchase of Chellomedia on January 31, 2014, the Company settled these foreign currency option contracts with the counterparties resulting in a realized loss of $1,754 included in miscellaneous, net in the condensed consolidated statement of income for the six months ended June 30, 2014.

In connection with the acquisition of Chellomedia, the Company acquired certain contracts that are settled in currencies other than the functional or local currencies of the contracting parties.  Accordingly, these contracts consist of the underlying operational contract and an embedded foreign currency derivative element.  Hedge accounting is not applied to the embedded foreign currency derivative element and changes in their fair values are included in miscellaneous, net in the condensed consolidated statement of income.

The fair values of the Company’s derivative financial instruments included in the condensed consolidated balance sheets are as follows:

	Balance Sheet  Location	June 30, 2014		December 31, 2013
Derivatives designated as hedging instruments:
Liabilities:
Interest rate swap contracts	Other liabilities	$	4,751	$	7,136
Derivatives not designated as hedging instruments:
Assets:
Foreign currency option contracts	Prepaid expenses and other current assets	—		2,577
Foreign currency forward exchange contracts	Prepaid expenses and other current assets	855		—
Foreign currency derivatives	Other assets	2,232		—
Liabilities:
Interest rate swap contracts	Other liabilities	5,271		5,577
Foreign currency derivatives	Accrued liabilities	1,332		—
Foreign currency derivatives	Other liabilities	1,081		—
Total derivatives		$	15,522	$	15,290

15

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments are as follows:

	Amount of Gain or (Loss) Recognized  in OCI on Derivatives  (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings  (Effective Portion)	Amount of Gain or (Loss) Reclassified  from Accumulated OCI into  Earnings (Effective Portion)(a)
	Three Months Ended June 30,						Three Months Ended June 30,
	2014			2013			2014			2013
Derivatives in cash flow hedging relationships:
Interest rate swap contracts	$	(340	)	$	348	Interest expense	$	(1,512	)	$	(1,912	)

(a) There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the three months ended June 30, 2014 and 2013.

	Amount of Gain or (Loss) Recognized  in OCI on Derivatives  (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings  (Effective Portion)	Amount of Gain or (Loss) Reclassified  from Accumulated OCI into  Earnings (Effective Portion)(a)
	Six Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Derivatives in cash flow hedging relationships:
Interest rate swap contracts	$	(636	)	$	289	Interest expense	$	(2,593	)	$	(3,823	)

(a) There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the six months ended June 30, 2014 and 2013.

The amount of the gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows:

	Location of Gain or (Loss) Recognized in Earnings on Derivatives	Amount of Gain or (Loss) Recognized in Earnings on Derivatives					Amount of Gain or (Loss) Recognized in Earnings on Derivatives
		Three Months Ended June 30,					Six Months Ended June 30,
		2014			2013		2014			2013
Derivatives not designated as hedging relationships:
Interest rate swap contracts	Interest expense	$	(769	)	$	1,431	$	(1,024	)	$	1,510
Foreign currency option contracts	Miscellaneous, net	—			—		(1,754		)	—
Foreign currency derivatives	Miscellaneous, net	182			—		(268		)	—
Total		$	(587	)	$	1,431	$	(3,046	)	$	1,510

16

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Note 11. Leases

Capital Leases

Future minimum capital lease payments as of June 30, 2014 are as follows:

2014	$	3,093
2015	6,187
2016	6,187
2017	6,187
2018	6,187
Thereafter	23,219
Total minimum lease payments	51,060
Less amount representing interest (at 9.3%-12%)	(19,188		)
Present value of net minimum future capital lease payments	31,872
Less principal portion of current installments	(2,834		)
Long-term portion of obligations under capital leases	$	29,038

Note 12. Income Taxes

For the three and six months ended June 30, 2014, income tax expense attributable to continuing operations was $36,559 and $75,664, respectively, representing an effective tax rate of 38% and 36%, respectively. The effective tax rate differs from the federal statutory rate of 35% due to state and local income tax expense of $1,914 and $3,803, tax benefit from foreign subsidiary earnings indefinitely reinvested outside of the U.S. of $3,303 and $7,190, tax expense of $3,090 and $6,424 relating to uncertain tax positions (including accrued interest), tax benefit from the domestic production activities deduction of $2,647 and $5,424, tax expense of $2,512 and $3,159 resulting from an increase in the valuation allowances for foreign and local taxes partially offset by a decrease in the valuation allowance for foreign tax credits and tax expense of $1,134 and $2,151 for the effect of acquisition costs and other items for the three and six months ended June 30, 2014.

For the three and six months ended June 30, 2013, income tax expense attributable to continuing operations was $83,850 and $120,499, respectively, representing an effective tax rate of 38% for both periods. The effective tax rate differs from the federal statutory rate of 35% due primarily to state and local income tax expense of $4,687 and $6,709, for the three and six months ended June 30, 2013, tax expense of $2,334 resulting from an increase in the valuation allowance with regard to foreign tax credit carry forwards for both the three and six months ended June 30, 2013, partially offset by a tax benefit of $1,027 related to uncertain tax positions, including accrued interest, for the three months ended June 30, 2013.

At June 30, 2014, the Company had foreign tax credit carry forwards of approximately $30,000, expiring on various dates from 2014 through 2024. For the six months ended June 30, 2014, excess tax benefits of $4,708 relating to share-based compensation awards and $807 relating to amortization of tax deductible second component goodwill were realized as a reduction in tax liability (as determined on a 'with-and-without' approach).

The City of New York is currently auditing the Company's Unincorporated Business Tax Return for 2008 through 2011. The Internal Revenue Service is currently auditing the Company's U.S. Corporation Income Tax Return for 2011. Under the Company's Tax Disaffiliation Agreement with Cablevision Systems Corporation ("Cablevision"), Cablevision is liable for all income taxes of the Company for periods prior to the Distribution except for New York City Unincorporated Business Tax.

Note 13. Commitments

As of June 30, 2014, the Company’s contractual obligations not reflected on the Company’s condensed consolidated balance sheet increased approximately $213,758 to approximately $542,997 as compared to approximately $329,239 at December 31, 2013. The increase relates primarily to purchase obligations at AMC Networks International, including approximately $104,546 and $68,188 for program rights and transmission obligations, respectively.

17

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Note 14. Equity Plans

On March 7, 2014, AMC Networks granted 472,445 restricted stock units to certain executive officers and employees under the AMC Networks Inc. Amended and Restated 2011 Employee Stock Plan. 403,940 of such restricted stock units vest on the third anniversary of the grant date and 68,505 of such restricted stock units vest in equal annual installments over a three-year period. The vesting criteria for 121,944 restricted stock units include the achievement of certain performance targets by the Company.

On April 25, 2014, AMC Networks granted 353,757 restricted stock units to an executive officer under the AMC Networks Inc. Amended and Restated 2011 Employee Stock Plan which vest on December 31, 2020 and include the achievement of certain performance targets by the Company.

On June 10, 2014, AMC Networks granted 23,634 restricted stock units under the Amended and Restated 2011 Non-Employee Director Plan to non-employee directors that vested on the date of grant.

During the six months ended June 30, 2014, 566,328 restricted shares of AMC Networks Class A common stock previously issued to employees of Cablevision and the Company vested. In connection with the employees’ satisfaction of the statutory minimum tax withholding obligations for the applicable income and other employment taxes, 230,989 of these shares, with an aggregate value of $17,804, were surrendered to the Company. These acquired shares, as well as 6,503 forfeited unvested restricted shares, have been classified as treasury stock.

Share-based compensation expense included in selling, general and administrative expense, for the three and six months ended June 30, 2014 was $8,760 and $13,839, respectively and $5,604 and $9,941 for the three and six months ended June 30,2013, respectively.

As of June 30, 2014, there was $72,605 of total unrecognized share-based compensation cost related to Company employees who held unvested AMC Networks restricted shares/units. The unrecognized compensation cost is expected to be recognized over a weighted-average remaining period of approximately 3.6 years.

Note 15. Related Party Transactions

Members of the Dolan Family, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, including trusts for the benefit of the Dolan Family, collectively beneficially own all of the Company’s outstanding Class B Common Stock and own less than 2% of the Company’s outstanding Class A Common Stock. Such shares of the Company’s Class A Common Stock and Class B Common Stock, collectively, represent approximately 66% of the aggregate voting power of the Company’s outstanding common stock. Members of the Dolan Family are also the controlling stockholders of both Cablevision and The Madison Square Garden Company and its subsidiaries (“MSG”).

In connection with the spin off from Cablevision, the Company entered into various agreements with Cablevision, such as a distribution agreement, a tax disaffiliation agreement, a transition services agreement, an employee matters agreement and certain related party arrangements. These agreements govern certain of the Company’s relationships with Cablevision subsequent to the spin off and provide for the allocation of employee benefits, taxes and certain other liabilities and obligations attributable to periods prior to the Distribution. These agreements also include arrangements with respect to transition services and a number of on-going commercial relationships. The distribution agreement includes an agreement that the Company and Cablevision agree to provide each other with indemnities with respect to liabilities arising out of the businesses Cablevision transferred to the Company.

The Company records revenues, net from subsidiaries of Cablevision and MSG. Revenues, net from related parties amounted to $7,525 and $8,127 for the three months ended June 30, 2014 and 2013, respectively. Revenues, net from related parties amounted to $15,214 and $16,268 for the six months ended June 30, 2014 and 2013, respectively.

In addition, the Company and its related parties routinely enter into transactions with each other in the ordinary course of business. Amounts charged to the Company, included in technical and operating expenses, pursuant to transactions with its related parties amounted to $155 and $310 for the three and six months ended and June 30, 2013, respectively; there were no amounts charged for the three and six months ended June 30, 2014, respectively. Amounts charged to the Company, included in selling, general and administrative expenses, pursuant to the transition services agreement and for other transactions with its related parties amounted to $890 and $1,428 for the three months ended June 30, 2014 and 2013, respectively. Selling, general and administrative expenses with its related parties amounted to $1,549 and $2,222 for the six months ended June 30, 2014 and 2013, respectively.

As more fully described in our 2013 Form 10-K, DISH Network L.L.C. (“DISH Network”), VOOM HD Holdings LLC (“VOOM HD”) and CSC Holdings, LLC (“CSC Holdings”), a wholly owned subsidiary of Cablevision Systems Corporation, entered into a confidential settlement agreement on October 21, 2012 (the “Settlement Agreement”) to settle the litigation between VOOM HD and DISH Network. In connection with the Settlement Agreement, DISH Network entered into a long-term affiliation agreement with certain subsidiaries of the Company that provided for the carriage of AMC, IFC, SundanceTV and WE tv. In addition, DISH Network paid $700,000 to an account for the benefit of Cablevision and the Company (“Settlement Funds”), which

18

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

was initially distributed equally to each of the Company and Cablevision, pending a determination of the allocation of the settlement proceeds.

In April 2013, Cablevision and the Company entered into an agreement (the “DISH Networks Proceeds Allocation Agreement”) whereby the Company paid to Cablevision $175,000 of the settlement proceeds. Additionally, during the second quarter of 2013, the Company recorded a litigation settlement gain of approximately $133,000, included in operating income within the International and Other segment, representing the deferred litigation settlement proceeds liability of approximately $307,944 recorded in the condensed consolidated balance sheet at December 31, 2012 less the $175,000 paid to Cablevision.

Note 16. Cash Flows

The Company’s non-cash investing and financing activities and other supplemental data are as follows:

	Six Months Ended June 30,
	2014	2013
Non-Cash Investing and Financing Activities:
Continuing Operations:
Increase in capital lease obligations and related assets	19,036	865
Capital expenditures incurred but not yet paid	656	945
Supplemental Data:
Cash interest paid — continuing operations	61,300	56,320
Income taxes paid, net — continuing operations	32,187	111,889

Note 17. Accumulated Other Comprehensive Income (Loss)

The following table details the components of accumulated other comprehensive income (loss):

	Six Months Ended June 30, 2014								Six Months Ended June 30, 2013
	Currency Translation Adjustment		Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income (Loss)			Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income (Loss)
Beginning Balance	$	—	$	(4,495	)	$	(4,495	)	$	(8,446	)	$	(8,446	)
Other comprehensive loss before reclassifications	10,052		(636		)	9,416			289			289
Amounts reclassified from accumulated other comprehensive loss	—		2,593			2,593			3,823			3,823
Net current-period other comprehensive income, before income taxes	10,052		1,957			12,009			4,112			4,112
Income tax expense	—		(722		)	(722		)	(1,525		)	(1,525		)
Net current-period other comprehensive income, net of income taxes	10,052		1,235			11,287			2,587			2,587
Ending Balance	$	10,052	$	(3,260	)	$	6,792		$	(5,859	)	$	(5,859	)

Amounts reclassified to net earnings for gains and losses on cash flow hedges are included in interest expense in the condensed consolidated statements of income.

Note 18. Segment Information

The Company classifies its operations into two operating segments: National Networks and International and Other. These reportable segments represent strategic business units that are managed separately.

The Company generally allocates all corporate overhead costs to the Company’s two operating segments based upon their

19

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

proportionate estimated usage of services, including such costs as executive salaries and benefits, costs of maintaining corporate headquarters, facilities and common support functions (such as human resources, legal, finance, tax, accounting, audit, treasury, risk management, strategic planning and information technology) as well as sales support functions and creative and production services.

The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating cash flow (defined as operating income (loss) before depreciation and amortization, share-based compensation expense or benefit, restructuring expense or credit and the litigation settlement gain recorded in connection with the settlement with DISH Network). The Company does not consider the one-time litigation settlement gain with DISH Network to be indicative of its ongoing operating performance. The Company has presented the components that reconcile adjusted operating cash flow to operating income, an accepted GAAP measure and other information as to the continuing operations of the Company’s reportable segments below.

As of March 31, 2014, following the Chellomedia acquisition on January 31, 2014 (see Note 2), the manner in which the President and Chief Executive Officer, who is the chief operating decision maker, evaluates performance and makes decisions about how to allocate resources changed, resulting in the reorganization of the Company's operating segments. The National Networks operating segment now includes the results of AMC and Sundance Channel in Canada and AMC Networks Broadcasting & Technology, the Company's network technical services business, which primarily services the nationally distributed programming networks of the Company. Previously, the results of these operations were included in the International and Other operating segment. The results of AMC Networks International are included in the International and Other operating segment. Operating segment information for the prior period has been recast to reflect these changes.

	Three Months Ended June 30, 2014
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	163,836		$	16,475		$	—		$	180,311
Distribution	234,168			108,125			(511		)	341,782
Consolidated revenues, net	$	398,004		$	124,600		$	(511	)	$	522,093
Adjusted operating cash flow	$	136,918		$	19,537		$	464		$	156,919
Depreciation and amortization	(5,046		)	(12,485		)	—			(17,531		)
Share-based compensation expense	(6,624		)	(2,136		)	—			(8,760		)
Restructuring expense	$	—		$	(1,153	)	$	—		$	(1,153	)
Operating income	$	125,248		$	3,763		$	464		$	129,475
	Three Months Ended June 30, 2013
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	147,243		$	—		$	—		$	147,243
Distribution	218,752			13,389			(62		)	232,079
Consolidated revenues, net	$	365,995		$	13,389		$	(62	)	$	379,322
Adjusted operating cash flow (deficit)	$	151,195		$	(13,976	)	$	1,073		$	138,292
Depreciation and amortization	(15,177		)	(3,131		)	—			(18,308		)
Share-based compensation expense	(4,951		)	(653		)	—			(5,604		)
Litigation settlement gain	$	—		$	132,944		$	—		$	132,944
Operating income	$	131,067		$	115,184		$	1,073		$	247,324

20

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

	Six Months Ended June 30, 2014
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	371,739		$	24,489		$	—		$	396,228
Distribution	474,945			176,689			(1,215		)	650,419
Consolidated revenues, net	$	846,684		$	201,178		$	(1,215	)	$	1,046,647
Adjusted operating cash flow	$	314,664		$	8,488		$	873		$	324,025
Depreciation and amortization	(9,953		)	(21,972		)	—			(31,925		)
Share-based compensation expense	(10,789		)	(3,050		)	—			(13,839		)
Restructuring expense	$	—		$	(1,153	)	$	—		$	(1,153	)
Operating income	$	293,922		$	(17,687	)	$	873		$	277,108
Capital expenditures	$	7,204		$	11,551		$	—		$	18,755
	Six Months Ended June 30, 2013
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	311,203		$	—		$	—		$	311,203
Distribution	426,463			23,810			(193		)	450,080
Consolidated revenues, net	$	737,666		$	23,810		$	(193	)	$	761,283
Adjusted operating cash flow (deficit)	$	315,790		$	(29,372	)	$	2,040		$	288,458
Depreciation and amortization	(30,476		)	(6,177		)	—			(36,653		)
Share-based compensation expense	(8,735		)	(1,206		)	—			(9,941		)
Litigation settlement gain	$	—		$	132,944		$	—		$	132,944
Operating income	$	276,579		$	96,189		$	2,040		$	374,808
Capital expenditures	$	4,698		$	8,972		$	—		$	13,670

Inter-segment eliminations are primarily revenues recognized by AMC Networks Broadcasting & Technology for transmission revenues recognized from the International and Other operating segment.

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Inter-segment revenues
National Networks	$	(316	)	$	(80	)	$	(990	)	$	(80	)
International and Other	(195		)	18			(225		)	(113		)
	$	(511	)	$	(62	)	$	(1,215	)	$	(193	)

21

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

The table below summarizes revenue based on customer location:

	Three Months Ended June 30, 2014		Six Months Ended June 30, 2014
Revenue
United States	$	383,610	$	832,760
Europe	107,231		157,014
Other	31,252		56,873
	$	522,093	$	1,046,647

The table below summarizes property and equipment based on asset location:

	June 30, 2014
Property and Equipment
United States	$	72,765
Europe	36,924
Other	20,351
	$	130,040

Prior to the acquisition of Chellomedia, substantially all revenues and assets of the Company were attributed to or located in the U.S.

Note 19. Condensed Consolidating Financial Statements

Long-term debt of AMC Networks includes $700,000 of 7.75% senior notes due July 2021 and $600,000 of 4.75% senior notes due December 2022. All outstanding senior notes issued by AMC Networks are guaranteed on a senior unsecured basis by certain of its existing and future domestic restricted subsidiaries (the “Guarantor Subsidiaries”). All Guarantor Subsidiaries are owned 100% by AMC Networks. The outstanding notes are fully and unconditionally guaranteed by the Guarantor Subsidiaries on a joint and several basis.

Set forth below are condensed consolidating financial statements presenting the financial position, results of operations, comprehensive income, and cash flows of (i) the Parent Company, (ii) the Guarantor Subsidiaries on a combined basis (as such guarantees are joint and several), (iii) the direct and indirect non-guarantor subsidiaries of the Parent Company (the “Non-Guarantor Subsidiaries”) on a combined basis and (iv) reclassifications and eliminations necessary to arrive at the information for the Company on a consolidated basis.

Basis of Presentation

 In presenting the condensed consolidating financial statements, the equity method of accounting has been applied to (i) the Parent Company's interests in the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries, and (ii) the Guarantor Subsidiaries' interests in the Non-Guarantor Subsidiaries, even though all such subsidiaries meet the requirements to be consolidated under GAAP. All intercompany balances and transactions between the Parent Company, the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries have been eliminated, as shown in the column “Eliminations.”

 The accounting basis in all subsidiaries, including goodwill and identified intangible assets, have been allocated to the applicable subsidiaries.

22

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Condensed Consolidated Balance Sheet
June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1,984		$	193,965		$	88,043	$	—		$	283,992
Accounts receivable, trade (less allowance for doubtful accounts)	—			378,853			139,259		—			518,112
Amounts due from related parties, net	—			4,044			—		—			4,044
Current portion of program rights, net	—			336,866			61,697		—			398,563
Prepaid expenses, other current assets and intercompany receivable	22,503			52,770			12,019		(29,686		)	57,606
Deferred tax asset, net	24,491			—			5,093		—			29,584
Assets held for sale	—			—			18,709		—			18,709
Total current assets	48,978			966,498			324,820		(29,686		)	1,310,610
Property and equipment, net of accumulated depreciation	—			73,102			56,938		—			130,040
Investment in affiliates	1,722,171			963,675			—		(2,685,846		)	—
Program rights, net	—			920,485			50,971		—			971,456
Amounts due from related parties, net	—			1,935			—		—			1,935
Long-term intercompany receivable	706,190			122,208			—		(828,398		)	—
Deferred carriage fees, net	—			49,406			2,375		—			51,781
Intangible assets, net	—			204,666			293,695		—			498,361
Goodwill	—			75,470			526,451		—			601,921
Other assets	30,018			40,910			48,818		—			119,746
Total assets	$	2,507,357		$	3,418,355		$	1,304,068	$	(3,543,930	)	$	3,685,850
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY
Current Liabilities:
Accounts payable	$	55		$	68,143		$	63,734	$	—		$	131,932
Accrued liabilities and intercompany payable	32,148			103,182			21,744		(29,686		)	127,388
Current portion of program rights obligations	—			224,870			36,404		—			261,274
Deferred revenue	—			40,282			2,938		—			43,220
Current portion of long-term debt	37,000			—			—		—			37,000
Current portion of capital lease obligations	—			2,149			685		—			2,834
Liabilities held for sale	—			—			17,632		—			17,632
Total current liabilities	69,203			438,626			143,137		(29,686		)	621,280
Program rights obligations	—			488,150			2,349		—			490,499
Long-term debt	2,721,353			—			—		—			2,721,353
Capital lease obligations	—			13,162			15,876		—			29,038
Deferred tax liability, net	108,906			—			15,374		—			124,280
Long-term intercompany payable	—			706,190			122,208		(828,398		)	—
Other liabilities	31,148			50,642			13,699		—			95,489
Total liabilities	2,930,610			1,696,770			312,643		(858,084		)	4,081,939
Commitments and contingencies
Stockholders’ deficiency:
AMC Networks stockholders’ (deficiency) equity	(423,253		)	1,722,171			958,351		(2,685,846		)	(428,577		)
Total AMC Networks stockholders’ (deficiency) equity	(423,253		)	1,722,171			958,351		(2,685,846		)	(428,577		)
Noncontrolling interests	—			(586		)	33,074		—			32,488
Total Stockholders' (deficiency) equity	(423,253		)	1,721,585			991,425		(2,685,846		)	(396,089		)
Total liabilities and stockholders’ (deficiency) equity	$	2,507,357		$	3,418,355		$	1,304,068	$	(3,543,930	)	$	3,685,850

23

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Condensed Consolidated Statement of Income
Three Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues, net	$	—		$	412,773		$	109,320		$	—		$	522,093
Operating expenses:
Technical and operating	—			175,522			56,522			—			232,044
Selling, general and administrative	—			114,963			26,917			10			141,890
Restructuring expense	—			—			1,153			—			1,153
Depreciation and amortization	—			8,511			9,020			—			17,531
	—			298,996			93,612			10			392,618
Operating income	—			113,777			15,708			(10		)	129,475
Other income (expense):
Interest expense, net	(19,953		)	(12,213		)	(1,439		)	—			(33,605		)
Share of affiliates income	115,703			9,663			—			(125,366		)	—
Miscellaneous, net	(4,500		)	6,461			(1,102		)	10			869
	91,250			3,911			(2,541		)	(125,356		)	(32,736		)
Income from continuing operations before income taxes	91,250			117,688			13,167			(125,366		)	96,739
Income tax expense	(32,595		)	(2,417		)	(1,547		)	—			(36,559		)
Income from continuing operations	58,655			115,271			11,620			(125,366		)	60,180
Loss from discontinued operations, net of income taxes	—			—			(1,732		)	—			(1,732		)
Net income including noncontrolling interest	58,655			115,271			9,888			(125,366		)	58,448
Net (income) loss attributable to noncontrolling interests	—			432			(225		)	—			207
Net income attributable to AMC Networks' stockholders	$	58,655		$	115,703		$	9,663		$	(125,366	)	$	58,655

Condensed Consolidated Statement of Income
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues, net	$	—		$	872,861		$	173,786		$	—		$	1,046,647
Operating expenses:
Technical and operating	—			356,972			92,243			—			449,215
Selling, general and administrative	—			241,340			45,896			10			287,246
Restructuring expense	—			—			1,153			—			1,153
Depreciation and amortization	—			16,720			15,205			—			31,925
	—			615,032			154,497			10			769,539
Operating income	—			257,829			19,289			(10		)	277,108
Other income (expense):
Interest expense, net	(42,185		)	(20,585		)	(2,266		)	—			(65,036		)
Share of affiliates income	238,876			6,070			—			(244,946		)	—
Miscellaneous, net	1,842			(334		)	(5,759		)	10			(4,241		)
	198,533			(14,849		)	(8,025		)	(244,936		)	(69,277		)
Income from continuing operations before income taxes	198,533			242,980			11,264			(244,946		)	207,831
Income tax expense	(68,511		)	(4,958		)	(2,195		)	—			(75,664		)
Income from continuing operations	130,022			238,022			9,069			(244,946		)	132,167
Loss from discontinued operations, net of income taxes	—			—			(2,482		)	—			(2,482		)
Net income including noncontrolling interest	130,022			238,022			6,587			(244,946		)	129,685
Net (income) loss attributable to noncontrolling interests	—			854			(517		)	—			337
Net income attributable to AMC Networks' stockholders	$	130,022		$	238,876		$	6,070		$	(244,946	)	$	130,022

24

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Condensed Consolidated Statement of Comprehensive Income
Three Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	58,655		$	115,271	$	9,888		$	(125,366	)	$	58,448
Other comprehensive income (loss):
Foreign currency translation adjustment	9,221			9,221		(4,719		)	(9,221		)	4,502
Unrealized gain on interest rate swaps	1,171			—		—			—			1,171
Other comprehensive income (loss), before income taxes	10,392			9,221		(4,719		)	(9,221		)	5,673
Income tax expense	(432		)	—		—			—			(432		)
Other comprehensive income (loss), net of income taxes	9,960			9,221		(4,719		)	(9,221		)	5,241
Comprehensive income	68,615			124,492		5,169			(134,587		)	63,689
Comprehensive loss (income) attributable to noncontrolling interests	—			432		(225		)	—			207
Comprehensive income attributable to AMC Networks' stockholders	$	68,615		$	124,924	$	4,944		$	(134,587	)	$	63,896

Condensed Consolidated Statement of Comprehensive Income
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	130,022		$	238,022	$	6,587		$	(244,946	)	$	129,685
Other comprehensive income (loss):
Foreign currency translation adjustment	15,374			15,374		(5,322		)	(15,374		)	10,052
Unrealized gain on interest rate swaps	1,957			—		—			—			1,957
Other comprehensive income (loss), before income taxes	17,331			15,374		(5,322		)	(15,374		)	12,009
Income tax expense	(722		)	—		—			—			(722		)
Other comprehensive income (loss), net of income taxes	16,609			15,374		(5,322		)	(15,374		)	11,287
Comprehensive income	146,631			253,396		1,265			(260,320		)	140,972
Comprehensive loss (income) attributable to noncontrolling interests	—			854		(517		)	—			337
Comprehensive income attributable to AMC Networks' stockholders	$	146,631		$	254,250	$	748		$	(260,320	)	$	141,309

25

AMC NETWORKS INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

(Dollars in thousands, except per share amounts)

(unaudited)

Condensed Consolidated Statement of Cash Flows
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by operating activities	153,255			141,858			37,951			(155,613		)	177,451
Cash flows from investing activities:
Capital expenditures	(1,371		)	(13,086		)	(4,298		)	—			(18,755		)
(Increase) decrease to investment in affiliates	(38,589		)	(161,166		)	28,768			170,987			—
Payment for acquisition of a business, net of cash acquired	—			(1,009,286		)	16,076			—			(993,210		)
Proceeds from insurance settlements	—			654			—			—			654
Net cash (used in) provided by investing activities	(39,960		)	(1,182,884		)	40,546			170,987			(1,011,311		)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt	600,000			—			—			—			600,000
Payments for financing costs	(9,266		)	—			—			—			(9,266		)
Purchase of treasury stock	(17,804		)	—			—			—			(17,804		)
Proceeds from stock option exercises	925			—			—			—			925
Excess tax benefits from share-based compensation arrangements	4,708			—			—			—			4,708
Principal payments on capital lease obligations	—			(865		)	(447		)	—			(1,312		)
Long-term intercompany debt	(706,190		)	706,190			—			—			—
Cash contributions from member	—			(5,100		)	5,100			—			—
Distributions from noncontrolling interests	—			—			835			—			835
Net cash (used in) provided by financing activities	(127,627		)	700,225			5,488			—			578,086
Net increase in cash and cash equivalents from continuing operations	(14,332		)	(340,801		)	83,985			15,374			(255,774		)
Cash flows from discontinued operations:
Net cash used in operating activities	—			—			(2,719		)	—			(2,719		)
Net decrease in cash and cash equivalents from discontinued operations	—			—			(2,719		)	—			(2,719		)
Effect of exchange rate changes on cash and cash equivalents	15,374			15,374			5,160			(15,374		)	20,534
Cash and cash equivalents at beginning of period	942			519,392			1,617			—			521,951
Cash and cash equivalents at end of period	$	1,984		$	193,965		$	88,043		$	—		$	283,992

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

This Management’s Discussion and Analysis of Financial Condition and Results of Operations contains statements that constitute forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. In this Management’s Discussion and Analysis of Financial Condition and Results of Operations there are statements concerning our future operating results and future financial performance. Words such as “expects,” “anticipates,” “believes,” “estimates,” “may,” “will,” “should,” “could,” “potential,” “continue,” “intends,” “plans” and similar words and terms used in the discussion of future operating results and future financial performance identify forward-looking statements. You are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties and that actual results or developments may differ materially from the forward-looking statements as a result of various factors. Factors that may cause such differences to occur include, but are not limited to:

•    the level of our revenues;

•    market demand for our programming networks and our programming;

•    demand for advertising inventory;

• the demand for our programming among cable and other multichannel video programming distributors and our ability to maintain and renew affiliation agreements with multichannel video programming distributors;

• the cost of, and our ability to obtain or produce, desirable programming content for our networks and independent film distribution businesses;

• market demand for our services internationally and for our independent film distribution business, and our ability to profitably provide those services;

•    the security of our program rights and other electronic data;

•    the loss of any of our key personnel and artistic talent;

•    the highly competitive nature of the cable programming industry;

•    changes in both domestic and foreign laws or regulations under which we operate;

•    economic and business conditions and industry trends in the countries in which we operate;

•fluctuations in currency exchange rates and interest rates;

• changes in laws or treaties relating to taxation, or the interpretation thereof, in the U.S. or in the countries in which we operate;

•    our substantial debt and high leverage;

•    reduced access to capital markets or significant increases in costs to borrow;

•    the level of our expenses;

•    the level of our capital expenditures;

•    future acquisitions and dispositions of assets;

• our ability to successfully acquire new businesses and, if acquired, to integrate, and implement our plan with respect to businesses we acquire, such as the Chellomedia acquisition;

• problems we may discover post-closing with the operations, including the internal controls and financial reporting process, of businesses we acquire;

•changes in the nature of key strategic relationships with partners and joint ventures;

•    the outcome of litigation and other proceedings;

•whether pending uncompleted transactions are completed on the terms and at the times set forth (if at all);

•    other risks and uncertainties inherent in our programming businesses;

• financial community and rating agency perceptions of our business, operations, financial condition and the industry in which we operate, and the additional factors described herein;

• events that are outside our control, such as political unrest in international markets, terrorist attacks, natural disasters and other similar events; and

27

• the factors described under Item 1A, “Risk Factors” in our 2013 Annual Report on Form 10-K (the "2013 Form 10-K"), as filed with the Securities and Exchange Commission ("SEC").

We disclaim any obligation to update or revise the forward-looking statements contained herein, except as otherwise required by applicable federal securities laws.

All dollar amounts and subscriber data included in the following Management’s Discussion and Analysis of Financial Condition and Results of Operations are presented in thousands.

Introduction

Management’s discussion and analysis, or MD&A, of our results of operations and financial condition is provided as a supplement to, and should be read in conjunction with, the unaudited condensed consolidated financial statements and notes thereto included elsewhere herein and our 2013 Form 10-K to enhance the understanding of our financial condition, changes in financial condition and results of our operations. Unless the context otherwise requires, all references to “we,” “us,” “our,” “AMC Networks” or the “Company” refer to AMC Networks Inc., together with its direct and indirect subsidiaries. MD&A is organized as follows:

Business Overview. This section provides a general description of our business and our operating segments, as well as other matters that we believe are important in understanding our results of operations and financial condition and in anticipating future trends.

Consolidated Results of Operations. This section provides an analysis of our results of operations for the three and six months ended June 30, 2014 compared to the three and six months ended June 30, 2013. Our discussion is presented on both a consolidated and operating segment basis. Our two operating segments are: (i) National Networks and (ii) International and Other. (See "Business Overview" section for discussion of the change in components of our operating segments).

Liquidity and Capital Resources. This section provides a discussion of our financial condition as of June 30, 2014, as well as an analysis of our cash flows for the six months ended June 30, 2014 and 2013. The discussion of our financial condition and liquidity includes summaries of (i) our primary sources of liquidity and (ii) our contractual obligations that existed at June 30, 2014 and December 31, 2013.

Critical Accounting Policies and Estimates. This section provides (i) an update, if any, to our significant accounting policies or critical accounting estimates since December 31, 2013 and (ii) the results of our annual impairment test of goodwill and identifiable indefinite-lived intangible assets performed as of the end of February 2014, including a discussion of the critical estimates inherent in assessing the recoverability of goodwill and identifiable indefinite-lived intangible assets.

Business Overview

As of March 31, 2014, following the Chellomedia acquisition on January 31, 2014, the manner in which the President and Chief Executive Officer, who is the chief operating decision maker, evaluates performance and makes decisions about how to allocate resources changed, resulting in the reorganization of the Company's operating segments. The National Networks operating segment now includes the results of AMC and Sundance Channel in Canada and AMC Networks Broadcasting & Technology, the Company's network technical services business, which primarily services the nationally distributed programming networks of the Company. Previously, the results of these operations were included in the International and Other operating segment. The results of AMC Networks International (formerly Chellomedia and AMC/Sundance Channel Global) are included in the International and Other operating segment. Operating segment information for the prior period has been recast to reflect these changes.

We manage our business through the following two operating segments:

• National Networks: Principally includes four nationally distributed programming networks: AMC, WE tv, IFC and SundanceTV. These programming networks are distributed throughout the United States (“U.S.”) via cable and other multichannel video programming distribution platforms, including direct broadcast satellite (“DBS”) and platforms operated by telecommunications providers (we refer collectively to these cable and other multichannel video programming distributors as “multichannel video programming distributors” or “distributors”). AMC, IFC and SundanceTV are also distributed in Canada. The National Networks operating segment also includes AMC Networks Broadcasting & Technology, the National Networks' technical services business, which primarily services the nationally distributed programming networks of the Company.

• International and Other: Principally includes AMC Networks International (formerly Chellomedia and AMC/Sundance Channel Global), the Company’s international programming businesses; IFC Films, the Company’s independent film distribution business; AMC Networks International - DMC (formerly Chello DMC), the broadcast solutions unit of certain networks of AMC Networks International; and various developing on-line content distribution initiatives. AMC Networks International consists of a portfolio of programming networks in Europe, Latin America, the Middle East and parts of Asia and Africa.

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The tables presented below set forth our consolidated revenues, net, operating income (loss) and adjusted operating cash flow (“AOCF”), defined below, for the periods indicated.

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Revenues, net
National Networks	$	398,004		$	365,995		$	846,684		$	737,666
International and Other	124,600			13,389			201,178			23,810
Inter-segment eliminations	(511		)	(62		)	(1,215		)	(193		)
Consolidated revenues, net	$	522,093		$	379,322		$	1,046,647		$	761,283
Operating income (loss)
National Networks	$	125,248		$	131,067		$	293,922		$	276,579
International and Other (a)	3,763			115,184			(17,687		)	96,189
Inter-segment eliminations	464			1,073			873			2,040
Consolidated operating income	$	129,475		$	247,324		$	277,108		$	374,808
AOCF (deficit)
National Networks	$	136,918		$	151,195		$	314,664		$	315,790
International and Other	19,537			(13,976		)	8,488			(29,372		)
Inter-segment eliminations	464			1,073			873			2,040
Consolidated AOCF	$	156,919		$	138,292		$	324,025		$	288,458

(a) Amounts for the three and six months ended June 30, 2013 include the litigation settlement gain recorded in connection with the settlement with DISH Network. See DISH Network discussion below.

We evaluate segment performance based on several factors, of which the primary financial measure is operating segment AOCF. We define AOCF, which is a financial measure that is not calculated in accordance with generally accepted accounting principles (“GAAP”), as operating income (loss) before depreciation and amortization, share-based compensation expense or benefit, restructuring expense or credit and the litigation settlement gain recorded in connection with the settlement with DISH Network. We do not consider the one-time litigation settlement gain with DISH Network to be indicative of our ongoing operating performance.

We believe that AOCF is an appropriate measure for evaluating the operating performance on both an operating segment and consolidated basis. AOCF and similar measures with similar titles are common performance measures used by investors, analysts and peers to compare performance in the industry.

Internally, we use revenues, net and AOCF measures as the most important indicators of our business performance, and evaluate management’s effectiveness with specific reference to these indicators. AOCF should be viewed as a supplement to and not a substitute for operating income (loss), net income (loss), cash flows from operating activities and other measures of performance and/or liquidity presented in accordance with GAAP. Since AOCF is not a measure of performance calculated in accordance with GAAP, this measure may not be comparable to similar measures with similar titles used by other companies.

The following is a reconciliation of consolidated operating income to AOCF for the periods indicated:

	Three Months Ended June 30,					Six Months Ended June 30,
	2014		2013			2014		2013
Operating income	$	129,475	$	247,324		$	277,108	$	374,808
Share-based compensation expense	8,760		5,604			13,839		9,941
Restructuring expense	1,153		—			1,153		—
Depreciation and amortization	17,531		18,308			31,925		36,653
Litigation settlement gain	—		(132,944		)	—		(132,944		)
AOCF	$	156,919	$	138,292		$	324,025	$	288,458

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Items Impacting Comparability

Acquisition of Chellomedia

On January 31, 2014, certain subsidiaries of AMC Networks purchased substantially all of Chellomedia, the international content division of Liberty Global plc, for a purchase price of €750 million (approximately $1.0 billion), subject to adjustments for working capital, cash, and indebtedness acquired and for the purchase of certain equity method investments. AMC Networks funded the purchase price with cash on hand and additional indebtedness of $600 million (see "Amended and Restated Credit Facility" discussion below).

The acquisition provides AMC Networks with television channels that are distributed to more than 390 million subscribers in over 130 countries and span a wide range of programming genres, most notably movie and entertainment networks. The acquisition of Chellomedia's operating businesses include: Chello Central Europe, Chello Latin America, Chello Multicanal, Chello Zone, Chello DMC (the broadcast solutions unit), and Atmedia (the advertising sales unit). The acquisition provides us with the opportunity to accelerate and enhance our international expansion strategy. We view this international opportunity as one that has the potential to provide long-term growth and value. This acquisition has been included in our operating results since the acquisition date. (See Note 2 to the accompanying condensed consolidated financial statements). As part of our integration efforts, the operating businesses of Chellomedia have been rebranded and are now included in AMC Networks International and referred to as AMC Networks International - Central Europe (formerly Chello Central Europe), AMC Networks International - Latin America (formerly Chello Latin America), AMC Networks International - Iberia (formerly Chello Multicanal), AMC Networks International - Zone (formerly Chello Zone), and AMC Networks International - DMC (formerly Chello DMC).

The comparability of our results of operations between the three and six months ended June 30, 2014 and the three and six months ended June 30, 2013 have been impacted by this acquisition.

DISH Network

As more fully described in our 2013 Form 10-K, DISH Network L.L.C. (“DISH Network”), VOOM HD Holdings LLC (“VOOM HD”) and CSC Holdings, LLC (“CSC Holdings”), a wholly owned subsidiary of Cablevision Systems Corporation, entered into a confidential settlement agreement on October 21, 2012 (the “Settlement Agreement”) to settle the litigation between VOOM HD and DISH Network. In connection with the Settlement Agreement, DISH Network entered into a long-term affiliation agreement with certain subsidiaries of the Company that provided for the carriage of AMC, IFC, SundanceTV and WE tv. In addition, DISH Network paid $700,000 to an account for the benefit of Cablevision and the Company (“Settlement Funds”), which was initially distributed equally to each of the Company and Cablevision, pending a determination of the allocation of the settlement proceeds.

In April 2013, Cablevision and the Company entered into an agreement (the “DISH Networks Proceeds Allocation Agreement”) whereby the Company paid to Cablevision $175,000 of the settlement proceeds. Additionally, during the second quarter of 2013, the Company recorded a litigation settlement gain of approximately $133,000, included in operating income within the International and Other segment, representing the deferred litigation settlement proceeds liability of approximately $308,000 recorded in the condensed consolidated balance sheet at December 31, 2012 less the $175,000 paid to Cablevision.

National Networks

In our National Networks segment, which accounted for 81% of our consolidated revenues for the six months ended June 30, 2014, we earn revenue principally from the distribution of our programming and the sale of advertising. Distribution revenue primarily includes affiliation fees paid by distributors to carry our programming networks and the licensing of original programming for digital, foreign and home video distribution. Affiliation fees paid by distributors represents the largest component of distribution revenue. Our affiliation fee revenues are generally based on a per subscriber fee under multi-year contracts, commonly referred to as “affiliation agreements,” which generally provide for annual affiliation rate increases. The specific affiliation fee revenues we earn vary from period to period, distributor to distributor and also vary among our networks, but are generally based upon the number of each distributor’s subscribers. The terms of certain other affiliation agreements provide that the affiliation fee revenues we earn are a fixed contractual monthly fee, which could be adjusted for acquisitions and dispositions of multichannel video programming systems by the distributor. Revenue from the licensing of original programming for digital and foreign distribution is recognized upon availability or distribution by the licensee.

Under affiliation agreements with our distributors, we have the right to sell a specified amount of national advertising time on our programming networks. Our advertising revenues are more variable than affiliation fee revenues because the majority of our advertising is sold on a short-term basis, not under long-term contracts. Our advertising arrangements with advertisers provide for a set number of advertising units to air over a specific period of time at a negotiated price per unit. Additionally, in these advertising sales arrangements, our programming networks generally guarantee specified viewer ratings for their programming. If these guaranteed viewer ratings are not met, we are generally required to provide additional advertising units to the advertiser at no charge. For these types of arrangements, a portion of the related revenue is deferred if the guaranteed viewer ratings are not

30

met and is subsequently recognized either when we provide the required additional advertising time, the guarantee obligation contractually expires or performance requirements become remote. Most of our advertising revenues vary based upon the popularity of our programming as measured by Nielsen Media Research (“Nielsen”). As of June 30, 2014, our national programming networks had approximately 1,300 advertisers representing companies in a broad range of sectors, including the health, automotive, food, insurance, and entertainment industries. All of our National Networks distributed throughout the U.S., including SundanceTV beginning in September 2013, use a traditional advertising sales model. Prior to September 2013, SundanceTV principally sold sponsorships.

Changes in revenue are primarily derived from changes in contractual affiliation rates charged for our services, changes in the number of subscribers, changes in the prices and level of advertising on our networks and changes in the availability, amount and timing of licensing fees earned from the distribution of our original programming. We seek to grow our revenues by increasing the number of viewing subscribers of the distributors that carry our services. We refer to this as our “penetration.” AMC, which is widely distributed throughout the US, has a more limited ability to increase its penetration than WE tv, IFC and SundanceTV. To the extent not already carried on more widely penetrated service tiers, WE tv, IFC and SundanceTV, although carried by all of the larger US distributors, have higher growth opportunities due to their current penetration levels with those distributors. WE tv and IFC are currently carried on either expanded basic or digital tiers, while SundanceTV is currently carried primarily on digital tiers. Our revenues may also increase over time through contractual rate increases stipulated in most of our affiliation agreements. In negotiating for increased or extended carriage, we have agreed in some instances to make upfront payments in exchange for additional subscribers or extended carriage, which we record as deferred carriage fees and which are amortized as a reduction to revenue over the period of the related affiliation agreements, or agreed to waive for a specified period or accept lower per subscriber fees if certain additional subscribers are provided. We also may help fund the distributors’ efforts to market our channels. We believe that these transactions generate a positive return on investment over the contract period. We seek to increase our advertising revenues by increasing the rates we charge for such advertising, which is directly related to the overall distribution of our programming, penetration of our services and the popularity (including within desirable demographic groups) of our services as measured by Nielsen. Distribution revenues in each quarter also vary based on the timing of availability of our programming to distributors. We also seek to increase our revenues by expanding the opportunities for distribution of our programming through digital, foreign and home video services.

Our principal goal is to increase our revenues by increasing distribution and penetration of our services, and increasing our ratings. To do this, we must continue to contract for and produce high-quality, attractive programming. As competition for programming increases and alternative distribution technologies continue to emerge and develop in the industry, costs for content acquisition and original programming may increase. There is a concentration of subscribers in the hands of a few distributors, which could create disparate bargaining power between the largest distributors and us by giving those distributors greater leverage in negotiating the price and other terms of affiliation agreements.

Programming expense, included in technical and operating expense, represents the largest expense of the National Networks segment and primarily consists of amortization and impairments or write-offs of programming rights, such as those for original programming, feature films and licensed series, as well as participation and residual costs. The other components of technical and operating expense primarily include distribution and production related costs and program operating costs, such as origination, transmission, uplinking and encryption.

To an increasing extent, the success of our business depends on original programming, both scripted and unscripted, across all of our networks. In recent years, we have introduced a number of scripted original series. These series generally result in higher audience ratings for our networks. Among other things, higher audience ratings drive increased revenues through higher advertising revenues. The timing of exhibition and distribution of original programming varies from period to period, which results in greater variability in our revenues, earnings and cash flows from operating activities. We will continue to increase our investment in programming across all of our channels. There may be significant changes in the level of our technical and operating expenses due to the amortization of content acquisition and/or original programming costs and/or the impact of management’s periodic assessment of programming usefulness. Such costs will also fluctuate with the level of revenues derived from owned original programming in each period as these costs are amortized based on the film-forecast-computation method.

Most original series require us to make up-front investments, which are often significant amounts. Not all of our programming efforts are commercially successful, which could result in a write-off of program rights. If it is determined that programming rights have no future programming usefulness based on actual demand or market conditions, a write-off of the unamortized cost is recorded in technical and operating expense. Program rights write-offs of $3,890 and $6,363 were recorded for the three months ended June 30, 2014 and 2013, respectively, and program rights write-offs of $7,493 and $6,689 were recorded for the six months ended June 30, 2014 and 2013, respectively.

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International and Other

Our International and Other segment primarily includes the operations of AMC Networks International and IFC Films.

In our International and Other segment, which accounted for 19% of our consolidated revenues for the six months ended June 30, 2014, we earn revenue principally from the international distribution of programming and to a lesser extent, the sale of advertising. Distribution revenue primarily includes affiliation fees paid by distributors to carry our programming networks. Affiliation fees paid by distributors represents the largest component of distribution revenue. Our affiliation fee revenues are generally based on either a per subscriber fee or a fixed contractual monthly fee, under multi-year contracts, commonly referred to as “affiliation agreements,” which may provide for annual affiliation rate increases.  For the six months ended June 30, 2014, revenue earned from international operations represented 87% of the revenues of the International and Other segment.  Most of these revenues are derived primarily from Europe and to a lesser extent, Latin America, the Middle East and parts of Asia and Africa.  The International and Other segment also includes IFC Films, our independent film distribution business where revenues are derived principally from digital, theatrical, and licensing distribution. 

Programming and program operating costs, included in technical and operating expense, represents the largest expense of the International and Other segment and primarily consists of amortization of acquired content, costs of dubbing and sub-titling of programs and participation costs. Program operating costs include costs such as origination, transmission, uplinking and encryption. 

We view our international expansion as an important long-term strategy. We may experience an adverse impact to the International and Other segment's operating results and cash flows in periods of increased international investment by the Company. Similar to our domestic businesses, the most significant business challenges we expect to encounter in our international business include programming competition (from both foreign and domestic programmers), limited channel capacity on distributors’ platforms, the growth of subscribers on those platforms and economic pressures on affiliation fees. Other significant business challenges unique to international expansion include increased programming costs for international rights and translation (i.e. dubbing and subtitling), a lack of availability of international rights for a portion of our domestic programming content, increased distribution costs for cable, satellite or fiber feeds and a limited physical presence in each territory. See also the risk factors described under Item 1A, “Risk Factors - We face risks from doing business internationally.” in our 2013 Form 10-K.

Corporate Expenses

We allocate corporate overhead to each segment based upon their proportionate estimated usage of services. The segment financial information set forth below, including the discussion related to individual line items, does not reflect inter-segment eliminations unless specifically indicated.

Impact of Economic Conditions

Our future performance is dependent, to a large extent, on general economic conditions including the impact of direct competition, our ability to manage our businesses effectively, and our relative strength and leverage in the marketplace, both with suppliers and customers.

Capital and credit market disruptions could cause economic downturns, which may lead to lower demand for our products, such as lower demand for television advertising and a decrease in the number of subscribers receiving our programming networks from our distributors. Events such as these may adversely impact our results of operations, cash flows and financial position.

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Consolidated Results of Operations

Three Months Ended June 30, 2014 Compared to Three Months Ended June 30, 2013

The following table sets forth our consolidated results of operations for the periods indicated.

	Three Months Ended June 30,
	2014					2013
	Amount			% of Revenues, net		Amount			% of Revenues, net		$ change			% change
Revenues, net	$	522,093		100.0	%	$	379,322		100.0	%	$	142,771		37.6	%
Operating expenses:
Technical and operating (excluding depreciation and amortization)	232,044			44.4		137,656			36.3		94,388			68.6
Selling, general and administrative	141,890			27.2		108,978			28.7		32,912			30.2
Restructuring expense	1,153			0.2		—			—		1,153			n/m
Depreciation and amortization	17,531			3.4		18,308			4.8		(777		)	(4.2	)
Litigation settlement gain	—			—		(132,944		)	(35.0	)	132,944			(100.0	)
Total operating expenses	392,618			75.2		131,998			34.8		260,620			197.4
Operating income	129,475			24.8		247,324			65.2		(117,849		)	(47.6	)
Other income (expense):
Interest expense, net	(33,605		)	(6.4	)	(27,599		)	(7.3	)	(6,006		)	21.8
Miscellaneous, net	869			0.2		(144		)	—		1,013			n/m
Total other income (expense)	(32,736		)	(6.3	)	(27,743		)	(7.3	)	(4,993		)	18.0
Income from continuing operations before income taxes	96,739			18.5		219,581			57.9		(122,842		)	(55.9	)
Income tax expense	(36,559		)	(7.0	)	(83,850		)	(22.1	)	47,291			(56.4	)
Income from continuing operations	60,180			11.5		135,731			35.8		(75,551		)	(55.7	)
Loss from discontinued operations, net of income taxes	(1,732		)	(0.3	)	—			—		(1,732		)	n/m
Net income including noncontrolling interests	58,448			11.2	%	135,731			35.8	%	(77,283		)	(56.9	)%
Net loss attributable to noncontrolling interests	207			—	%	—			—	%	207			n/m
Net income attributable to AMC Networks’ stockholders	$	58,655		11.2	%	$	135,731		35.8	%	$	(77,076	)	(56.8	)%

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The following is a reconciliation of our consolidated operating income to AOCF:

	Three Months Ended June 30,
	2014		2013			$ change			% change
Operating income	$	129,475	$	247,324		$	(117,849	)	(47.6	)%
Share-based compensation expense	8,760		5,604			3,156			56.3
Restructuring expense	1,153		—			1,153			n/m
Depreciation and amortization	17,531		18,308			(777		)	(4.2	)
Litigation settlement gain	$	—	$	(132,944	)	$	132,944		(100.0	)
Consolidated AOCF	$	156,919	$	138,292		$	18,627		13.5	%

National Networks Segment Results

The following table sets forth our National Networks segment results for the periods indicated.

	Three Months Ended June 30,
	2014				2013
	Amount		% of Revenues, net		Amount		% of Revenues, net		$ change			% change
Revenues, net	$	398,004	100.0	%	$	365,995	100.0	%	$	32,009		8.7	%
Operating expenses:
Technical and operating (excluding depreciation and amortization)	162,060		40.7		123,071		33.6		38,989			31.7
Selling, general and administrative	105,650		26.5		96,680		26.4		8,970			9.3
Depreciation and amortization	5,046		1.3		15,177		4.1		(10,131		)	(66.8	)
Operating income	$	125,248	31.5	%	$	131,067	35.8	%	$	(5,819	)	(4.4	)
Share-based compensation expense	6,624		1.7	%	4,951		1.4	%	1,673			33.8
Depreciation and amortization	5,046		1.3	%	15,177		4.1	%	(10,131		)	(66.8	)
AOCF	$	136,918	34.4	%	$	151,195	41.3	%	$	(14,277	)	(9.4	)%

International and Other Segment Results

The following table sets forth our International and Other segment results for the periods indicated.

	Three Months Ended June 30,
	2014				2013
	Amount		% of Revenues, net		Amount			% of Revenues, net		$ change			% change
Revenues, net	$	124,600	100.0	%	$	13,389		100.0	%	$	111,211		830.6	%
Operating expenses:
Technical and operating (excluding depreciation and amortization)	70,947		56.9		15,720			117.4		55,227			351.3
Selling, general and administrative	36,252		29.1		12,298			91.9		23,954			194.8
Restructuring expense	1,153		0.9		—			—		1,153			n/m
Depreciation and amortization	12,485		10.0		3,131			23.4		9,354			298.8
Litigation settlement gain	—		—		(132,944		)	(992.9	)	132,944			(100.0	)
Operating income	$	3,763	3.0	%	$	115,184		860.3	%	$	(111,421	)	(96.7	)
Share-based compensation expense	2,136		1.7	%	653			4.9	%	1,483			227.1
Depreciation and amortization	12,485		10.0	%	3,131			23.4	%	9,354			298.8
Litigation settlement gain	—		—	%	(132,944		)	(992.9	)%	132,944			(100.0	)
Restructuring expense	1,153		0.9	%	—			—	%	1,153			n/m
AOCF (deficit)	$	19,537	15.7	%	$	(13,976	)	(104.4	)%	$	33,513		(239.8	)%

34

Revenues, net

Revenues, net increased$142,771 to $522,093 for the three months ended June 30, 2014 as compared to the three months ended June 30, 2013. The net change by segment was as follows:

	Three Months Ended June 30,
	2014			% of total		2013			% of total		$ change			% change
National Networks	$	398,004		76.2	%	$	365,995		96.5	%	$	32,009		8.7	%
International and Other	124,600			23.9		13,389			3.5		111,211			830.6
Inter-segment eliminations	(511		)	(0.1	)	(62		)	—		(449		)	724.2
Consolidated revenues, net	$	522,093		100.0	%	$	379,322		100.0	%	$	142,771		37.6	%

National Networks

The increase in National Networks revenues, net was attributable to the following:

	Three Months Ended June 30,
	2014		% of total		2013		% of total		$ change		% change
Advertising	$	163,836	41.2	%	$	147,243	40.2	%	$	16,593	11.3	%
Distribution	234,168		58.8		218,752		59.8		15,416		7.0
	$	398,004	100.0	%	$	365,995	100.0	%	$	32,009	8.7	%

• Advertising revenues increased $16,593 across all networks, primarily at AMC resulting from higher pricing per unit sold due to an increased demand for our programming by advertisers and the airing of a higher number of scripted original programming series. As previously discussed, most of our advertising revenues vary based on the timing of our original programming series and the popularity of our programming as measured by Nielsen. Due to these factors, we expect advertising revenues to vary from quarter to quarter.

• Distribution revenues increased $15,416 due to an increase of $14,295 principally from licensing distribution revenues derived from our original programming, primarily at AMC and SundanceTV. In addition, affiliation fee revenues increased across all networks due to an increase in subscribers during the three months ended June 30, 2014 as compared to the same period in 2013, partially offset by the favorable impact of an affiliation agreement renewal during the three months ended June 2013 for which revenue was not recognized during the three months ended March 31, 2013. Additionally, distribution revenues may vary based on the timing of availability of our programming to distributors. Because of these factors, we expect distribution revenues to vary from quarter to quarter.

The following table presents certain subscriber information at June 30, 2014, March 31, 2014 and June 30, 2013:

	Estimated Domestic Subscribers (1)
National Programming Networks:	June 30, 2014	March 31, 2014	June 30, 2013
AMC	96,600	96,900	98,300
WE tv	85,800	85,200	82,700
IFC	73,000	72,400	69,500
SundanceTV	57,100	57,200	50,600

_________________

(1) Estimated U.S. subscribers as measured by Nielsen.

The increase in estimated subscribers reflects the repositioning of WE tv, IFC and SundanceTV with certain operators to more widely distributed tiers of service. Additionally, the number of reported subscribers may be impacted by changes in the Nielsen sample.

35

International and Other

The increase in International and Other revenues, net was attributable to the following:

	Three Months Ended June 30,
	2014		% of total		2013		% of total		$ change		% change
Advertising	$	16,475	13.2	%	$	—	—	%	$	16,475	n/m
Distribution	108,125		86.8		13,389		100.0		94,736		707.6
	$	124,600	100.0	%	$	13,389	100.0	%	$	111,211	830.6	%

Advertising and distribution revenues increased at AMC Networks International due to the acquisition of Chellomedia. Distribution revenues also increased $3,791 at IFC Films principally due to an increase in licensing and digital revenues.

Technical and operating expense (excluding depreciation and amortization)

The components of technical and operating expense primarily include the amortization and impairments or write-offs of program rights, such as those for original programming, feature films and licensed series, participation and residual costs, distribution and production related costs and program operating costs, such as origination, transmission, uplinking and encryption.

Technical and operating expense (excluding depreciation and amortization) increased$94,388 to $232,044 for the three months ended June 30, 2014 as compared to the three months ended June 30, 2013. The net change by segment was as follows:

	Three Months Ended June 30,
	2014			2013			$ change		% change
National Networks	$	162,060		$	123,071		$	38,989	31.7	%
International and Other	70,947			15,720			55,227		351.3
Inter-segment eliminations	(963		)	(1,135		)	172		(15.2	)
Total	$	232,044		$	137,656		$	94,388	68.6	%
Percentage of revenues, net	44.4		%	36.3		%

National Networks

The increase in the National Networks segment was attributable to increased program rights amortization expense of $30,720 and an increase of $8,268 for other direct programming related costs including participation, residuals and development costs. The increase in program rights amortization expense is due to our increased investment in owned scripted original series primarily at AMC, SundanceTV and WE tv. Program rights amortization expense for the three months ended June 30, 2014 includes write-offs of $3,853 based on management's assessment of programming usefulness of certain unscripted series, primarily at AMC. Program rights amortization expense for the three months ended June 30, 2013 included write-offs of $6,689 based on management's assessment of programming usefulness primarily at SundanceTV as it prepared its programming schedule for transition to a traditional advertising model in September 2013. There may be significant changes in the level of our technical and operating expenses due to content acquisition and/or original programming costs and/or the impact of management’s periodic assessment of programming usefulness. Such costs will also fluctuate with the level of revenues derived from owned original programming in each period as these costs are amortized based on the film-forecast-computation method. As additional competition for programming increases and alternate distribution technologies continue to develop in the industry, costs for content acquisition and original programming may increase. As we continue to increase our investment in original programming, we expect program rights expense to continue to increase for the full year of 2014 over the prior year comparable period.

International and Other

The increase in the International and Other segment was primarily at AMC Networks International due to an increase in program rights amortization expense of $9,439 and an increase of $45,788 for other direct programming related costs at AMC Networks International principally due to the acquisition of Chellomedia.

36

Selling, general and administrative expense

The components of selling, general and administrative expense primarily include sales, marketing and advertising expenses, administrative costs and costs of facilities.

Selling, general and administrative expense increased $32,912 to $141,890 for the three months ended June 30, 2014, as compared to the three months ended June 30, 2013. The net change by segment was as follows:

	Three Months Ended June 30,
	2014			2013			$ change			% change
National Networks	$	105,650		$	96,680		$	8,970		9.3	%
International and Other	36,252			12,298			23,954			194.8
Inter-segment eliminations	(12		)	—			(12		)	n/m
Total	$	141,890		$	108,978		$	32,912		30.2	%
Percentage of revenues, net	27.2		%	28.7		%

National Networks

The increase in the National Networks segment was primarily attributable to increased marketing and advertising sales related expenses of $7,036 primarily at AMC due to a higher number of original programming series, increased corporate allocations of $1,250 and increased share-based compensation expense and expenses relating to long-term incentive compensation of $1,267. There may be significant changes in the level of our selling, general and administrative expense from quarter to quarter and year to year due to the timing of promotion and marketing of original programming series and subscriber retention marketing efforts.

International and Other

The increase in the International and Other segment was primarily at AMC Networks International principally due to the acquisition of Chellomedia.

Restructuring expense

The restructuring expense of $1,153 represents severance charges incurred related to the termination of certain contracts at AMC Networks International.

Depreciation and amortization

Depreciation and amortization decreased$777 to $17,531 for the three months ended June 30, 2014, as compared to the three months ended June 30, 2013. The net change by segment was as follows:

	Three Months Ended June 30,
	2014		2013		$ change			% change
National Networks	$	5,046	$	15,177	$	(10,131	)	(66.8	)%
International and Other	12,485		3,131		9,354			298.8
	$	17,531	$	18,308	$	(777	)	(4.2	)%

The decrease in depreciation and amortization expense in the National Networks segment was primarily attributable to a decrease in amortization expense of $10,086 principally at AMC as certain intangible assets became fully amortized in the third quarter of 2013.

The increase in depreciation and amortization expense in the International and Other segment was primarily attributable to amortization expense of $5,484 related to the amortization of identifiable intangible assets and depreciation expense of $3,332 related to property and equipment acquired in connection with the Chellomedia acquisition.

Litigation settlement gain

Litigation settlement gain relates to the final allocation of the proceeds from the settlement of litigation with DISH Network (see “DISH Network” discussion above). The deferred litigation settlement proceeds liability of approximately $308,000 recorded in the condensed consolidated balance sheet at December 31, 2012 less the $175,000 paid to Cablevision on April 9, 2013 resulted in a gain of $132,944 for the three months ended June 30, 2013 included in the International and Other segment. See the income tax expense discussion for the increase in income taxes paid, net for the six months ended June 30, 2013 in connection with this litigation settlement.

37

AOCF

AOCF increased$18,627 for the three months ended June 30, 2014 as compared to the three months ended June 30, 2013. The net change by segment was as follows:

	Three Months Ended June 30,
	2014		2013			$ change			% change
National Networks	$	136,918	$	151,195		$	(14,277	)	(9.4	)%
International and Other	19,537		(13,976		)	33,513			(239.8	)
Inter-segment eliminations	464		1,073			(609		)	(56.8	)
AOCF	$	156,919	$	138,292		$	18,627		13.5	%

National Networks AOCF decreased due to an increase in revenues, net of $32,009 offset by an increase in technical and operating expenses of $38,989 resulting primarily from an increase in program rights expense and an increase in selling and administrative expenses of $8,970. As a result of the factors discussed above impacting the variability in revenues and operating expenses, we expect AOCF to vary from quarter to quarter.

International and Other AOCF deficit decreased primarily due to an increase in revenues, net of $111,211, partially offset by an increase in technical and operating expenses of $55,227 and an increase in selling and administrative expenses of $23,954 due principally to the inclusion of the results of Chellomedia following the acquisition.

Interest expense, net

The increase in interest expense, net of $6,006 for the three months ended June 30, 2014 as compared to the three months ended June 30, 2013 was attributable to the following:

Higher average debt balances	$	4,229
Change in fair value of interest rate swap contracts	1,802
Increase in interest income	(149		)
Other	124
	$	6,006

Miscellaneous, net

The increase in miscellaneous, net for the three months ended June 30, 2014 as compared to the three months ended June 30, 2013 is primarily the result of $850 of net foreign currency transaction gains from the remeasurement of monetary assets and liabilities that are denominated in currencies other than the underlying functional currency of the applicable entity.

Income tax expense

For the three months ended June 30, 2014, income tax expense attributable to continuing operations was $36,559, representing an effective tax rate of 38%. The effective tax rate differs from the federal statutory rate of 35% due to state and local income tax expense of $1,914, tax benefit from foreign subsidiary earnings indefinitely reinvested outside of the U.S. of $3,303, tax expense of $3,090 relating to uncertain tax positions (including accrued interest), tax benefit from the domestic production activities deduction of $2,647, tax expense of $2,512 resulting from an increase in the valuation allowances for foreign and local taxes partially offset by a decrease in the valuation allowance for foreign tax credits and tax expense of $1,134 and for the effect of acquisition costs and other items. We expect our effective tax rate to be approximately 37% for the current year.

For the three months ended June 30, 2013, income tax expense attributable to continuing operations was $83,850, representing an effective tax rate of 38%. The effective tax rate differs from the federal statutory rate of 35% due primarily to state income tax expense of $4,687 and tax expense of $2,334 resulting from an increase in the valuation allowance with regard to foreign tax credit carry forwards, partially offset by a tax benefit of $1,027 related to uncertain tax positions, including accrued interest.

38

Consolidated Results of Operations

Six Months Ended June 30, 2014 Compared to Six Months Ended June 30, 2013

The following table sets forth our consolidated results of operations for the periods indicated.

	Six Months Ended June 30,
	2014					2013
	Amount			% of Revenues, net		Amount			% of Revenues, net		$ change			% change
Revenues, net	$	1,046,647		100.0	%	$	761,283		100.0	%	$	285,364		37.5	%
Operating expenses:
Technical and operating (excluding depreciation and amortization)	449,215			42.9		274,335			36.0		174,880			63.7
Selling, general and administrative	287,246			27.4		208,431			27.4		78,815			37.8
Restructuring expense	1,153			0.1		—			—		1,153			n/m
Depreciation and amortization	31,925			3.1		36,653			4.8		(4,728		)	(12.9	)
Litigation settlement gain	—			n/m		(132,944		)	n/m		132,944			(100.0	)
Total operating expenses	769,539			73.5		386,475			50.8		383,064			99.1
Operating income	277,108			26.5		374,808			49.2		(97,700		)	(26.1	)
Other income (expense):
Interest expense, net	(65,036		)	(6.2	)	(56,715		)	(7.4	)	(8,321		)	14.7
Miscellaneous, net	(4,241		)	(0.4	)	(346		)	—		(3,895		)	1,125.7
Total other income (expense)	(69,277		)	(6.6	)	(57,061		)	(7.5	)	(12,216		)	21.4
Income from continuing operations before income taxes	207,831			19.9		317,747			41.7		(109,916		)	(34.6	)
Income tax expense	(75,664		)	(7.2	)	(120,499		)	(15.8	)	44,835			(37.2	)
Income from continuing operations	132,167			12.6		197,248			25.9		(65,081		)	(33.0	)
Loss from discontinued operations, net of income taxes	(2,482		)	(0.2	)	—			—		(2,482		)	n/m
Net income including noncontrolling interests	129,685			12.4	%	197,248			25.9	%	(67,563		)	(34.3	)%
Net loss attributable to noncontrolling interests	337			—	%	—			—	%	337			n/m
Net income attributable to AMC Networks’ stockholders	$	130,022		12.4	%	$	197,248		25.9	%	$	(67,226	)	(34.1	)%

39

The following is a reconciliation of our consolidated operating income to AOCF:

	Six Months Ended June 30,
	2014		2013			$ change			% change
Operating income	$	277,108	$	374,808		$	(97,700	)	(26.1	)%
Share-based compensation expense	13,839		9,941			3,898			39.2
Restructuring expense	1,153		—			1,153			n/m
Depreciation and amortization	31,925		36,653			(4,728		)	(12.9	)
Litigation settlement gain	—		(132,944		)	132,944			(100.0	)
Consolidated AOCF	$	324,025	$	288,458		$	35,567		12.3	%

National Networks Segment Results

The following table sets forth our National Networks segment results for the periods indicated.

	Six Months Ended June 30,
	2014				2013
	Amount		% of Revenues, net		Amount		% of Revenues, net		$ change			% change
Revenues, net	$	846,684	100.0	%	$	737,666	100.0	%	$	109,018		14.8	%
Operating expenses:
Technical and operating (excluding depreciation and amortization)	331,803		39.2		247,019		33.5		84,784			34.3
Selling, general and administrative	211,006		24.9		183,592		24.9		27,414			14.9
Depreciation and amortization	9,953		1.2		30,476		4.1		(20,523		)	(67.3	)
Operating income	$	293,922	34.7	%	$	276,579	37.5	%	$	17,343		6.3	%
Share-based compensation expense	10,789		1.3	%	8,735		1.2	%	2,054			23.5	%
Depreciation and amortization	9,953		1.2	%	30,476		4.1	%	(20,523		)	(67.3	)%
AOCF	$	314,664	37.2	%	$	315,790	42.8	%	$	(1,126	)	(0.4	)%

International and Other Segment Results

The following table sets forth our International and Other segment results for the periods indicated.

	Six Months Ended June 30,
	2014					2013
	Amount			% of Revenues, net		Amount			% of Revenues, net		$ change			% change
Revenues, net	$	201,178		100.0	%	$	23,810		100.0	%	$	177,368		744.9	%
Operating expenses:
Technical and operating (excluding depreciation and amortization)	119,471			59.4		29,544			124.1		89,927			304.4
Selling, general and administrative	76,269			37.9		24,844			104.3		51,425			207.0
Restructuring expense	1,153			0.6		—			—		1,153			n/m
Depreciation and amortization	21,972			10.9		6,177			25.9		15,795			255.7
Litigation settlement gain	—			—		(132,944		)	(558.4	)	132,944			(100.0	)
Operating (loss) income	$	(17,687	)	(8.8	)%	$	96,189		404.0	%	$	(113,876	)	(118.4	)%
Share-based compensation expense	3,050			1.5	%	1,206			5.1	%	1,844			152.9	%
Depreciation and amortization	21,972			10.9	%	6,177			25.9	%	15,795			255.7	%
Litigation settlement gain	—			—	%	(132,944		)	(558.4	)%	132,944			(100.0	)%
Restructuring expense	1,153			0.6	%	—			—	%	1,153			n/m
AOCF (deficit)	$	8,488		4.2	%	$	(29,372	)	(123.4	)%	$	37,860		(128.9	)%

40

Revenues, net

Revenues, net increased$285,364 to $1,046,647 for the six months ended June 30, 2014 as compared to the six months ended June 30, 2013. The net change by segment was as follows:

	Six Months Ended June 30,
	2014			% of total		2013			% of total		$ change			% change
National Networks	$	846,684		80.9	%	$	737,666		96.9	%	$	109,018		14.8	%
International and Other	201,178			19.2		23,810			3.1		177,368			744.9
Inter-segment eliminations	(1,215		)	(0.1	)	(193		)	—		(1,022		)	529.5
Consolidated revenues, net	$	1,046,647		100.0	%	$	761,283		100.0	%	$	285,364		37.5	%

National Networks

The increase in National Networks revenues, net was attributable to the following:

	Six Months Ended June 30,
	2014		% of total		2013		% of total		$ change		% change
Advertising	$	371,739	43.9	%	$	311,203	42.2	%	$	60,536	19.5	%
Distribution	474,945		56.1		426,463		57.8		48,482		11.4
	$	846,684	100.0	%	$	737,666	100.0	%	$	109,018	14.8	%

• Advertising revenues increased $60,536 across all networks primarily at AMC resulting from higher pricing per unit sold due to an increased demand for our programming by advertisers, led by The Walking Dead, and, to a lesser extent, at SundanceTV. Prior to September 2013, SundanceTV principally sold sponsorships, but since then it migrated to a traditional advertising sales model. As previously discussed, most of our advertising revenues vary based on the timing of our original programming series and the popularity of our programming as measured by Nielsen. Due to these factors, we expect advertising revenues to vary from quarter to quarter. The increase in advertising revenues for the six months ended June 30, 2014 as compared to the same period in2013 is not indicative of what we expect for the remainder of 2014.

• Distribution revenues increased $48,482 due to an increase of $31,746 principally from licensing and home video distribution revenues derived from our original programming, primarily at AMC and SundanceTV. In addition, affiliation fee revenues increased across all networks due to an increase in subscribers during the six months ended June 30, 2014 as compared to the same period in 2013. Additionally, distribution revenues may vary based on the timing of availability of our programming to distributors. Because of these factors, we expect distribution revenues to vary from quarter to quarter.

International and Other

The increase in International and Other revenues, net was attributable to the following:

	Six Months Ended June 30,
	2014		% of total		2013		% of total		$ change		% change
Advertising	$	24,489	12.2	%	$	—	—	%	$	24,489	n/m
Distribution	176,689		87.8		23,810		100.0		152,879		642.1
	$	201,178	100.0	%	$	23,810	100.0	%	$	177,368	744.9	%

Advertising and distribution revenues increased at AMC Networks International due to the inclusion of the results of Chellomedia from the date of acquisition of January 31, 2014. Distribution revenues also increased $7,594 at IFC Films principally due to an increase in licensing and digital revenues.

41

Technical and operating expense (excluding depreciation and amortization)

The components of technical and operating expense primarily include the amortization and impairments or write-offs of program rights, such as those for original programming, feature films and licensed series, participation and residual costs, distribution and production related costs and program operating costs, such as origination, transmission, uplinking and encryption.

Technical and operating expense (excluding depreciation and amortization) increased$174,880 to $449,215 for the six months ended June 30, 2014 as compared to the six months ended June 30, 2013. The net change by segment was as follows:

	Six Months Ended June 30,
	2014			2013			$ change		% change
National Networks	$	331,803		$	247,019		$	84,784	34.3	%
International and Other	119,471			29,544			89,927		304.4
Inter-segment eliminations	(2,059		)	(2,228		)	169		(7.6	)
Total	$	449,215		$	274,335		$	174,880	63.7	%
Percentage of revenues, net	42.9		%	36.0		%

National Networks

The increase in the National Networks segment was attributable to increased program rights amortization expense of $65,190 and an increase of $19,594 for other direct programming related costs including participation, residuals and development costs. The increase in program rights amortization expense is due to our increased investment in owned scripted original series primarily at AMC, SundanceTV and WE tv. Program rights amortization expense for the six months ended June 30, 2014 includes write-offs of $7,492 based on management's assessment of programming usefulness of certain pilot costs and unscripted series, primarily at AMC. Program rights amortization expense for the six months ended June 30, 2013 included write-offs of $6,689 based on management's assessment of programming usefulness primarily at SundanceTV as it prepared its programming schedule for transition to a traditional advertising model in September 2013. There may be significant changes in the level of our technical and operating expenses due to content acquisition and/or original programming costs and/or the impact of management’s periodic assessment of programming usefulness. Such costs will also fluctuate with the level of revenues derived from owned original programming in each period as these costs are amortized based on the film-forecast-computation method. As additional competition for programming increases and alternate distribution technologies continue to develop in the industry, costs for content acquisition and original programming may increase. As we continue to increase our investment in original programming, we expect program rights expense to continue to increase for the full year of 2014 over the prior year comparable period.

International and Other

The increase in the International and Other segment was primarily due to increased program rights amortization expense of $25,590 and an increase of $64,337 for other direct programming related costs principally due to the impact of the acquisition of Chellomedia from the date of acquisition, January 31, 2014.

42

Selling, general and administrative expense

The components of selling, general and administrative expense primarily include sales, marketing and advertising expenses, administrative costs and costs of facilities.

Selling, general and administrative expense increased $78,815 to $287,246 for the six months ended June 30, 2014, as compared to the six months ended June 30, 2013. The net change by segment was as follows:

	Six Months Ended June 30,
	2014			2013			$ change			% change
National Networks	$	211,006		$	183,592		$	27,414		14.9	%
International and Other	76,269			24,844			51,425			207.0
Inter-segment eliminations	(29		)	(5		)	(24		)	480.0
Total	$	287,246		$	208,431		$	78,815		37.8	%
Percentage of revenues, net	27.4		%	27.4		%

National Networks

The increase in the National Networks segment was primarily attributable to increased marketing and advertising sales related expenses of $17,378 primarily at AMC and WE tv for original programming series, increased general and administration expenses of $2,859 primarily due to an increase in professional fees, facility costs and employee related expenses, increased corporate allocations of $3,854 and increased share-based compensation expense and expenses relating to long-term incentive compensation of $2,788. There may be significant changes in the level of our selling, general and administrative expense from quarter to quarter and year to year due to the timing of promotion and marketing of original programming series and subscriber retention marketing efforts.

International and Other

The increase in the International and Other segment was primarily due to an increase at AMC Networks International due to the inclusion of the results of Chellomedia of $36,894 from the acquisition date of January 31, 2014, acquisition related professional fees incurred of $16,209 incurred primarily due to the acquisition of Chellomedia, and increased share-based compensation expense and expenses relating to long-term incentive compensation of $3,275 which was partially offset by a decrease in legal fees and other related costs and expenses of $2,258 compared to the same period in 2013 in connection with the DISH Network contract dispute and a decrease at IFC Films of $2,837.

Restructuring expense

The restructuring expense of $1,153 represents severance charges incurred related to the termination of certain contracts at AMC Networks International.

Depreciation and amortization

Depreciation and amortization decreased$4,728 to $31,925 for the six months ended June 30, 2014, as compared to the six months ended June 30, 2013. The net change by segment was as follows:

	Six Months Ended June 30,
	2014		2013		$ change			% change
National Networks	$	9,953	$	30,476	$	(20,523	)	(67.3	)%
International and Other	21,972		6,177		15,795			255.7
	$	31,925	$	36,653	$	(4,728	)	(12.9	)%

The decrease in depreciation and amortization expense in the National Networks segment was primarily attributable to a decrease in amortization expense of $20,158 principally at AMC as certain intangible assets became fully amortized in the third quarter of 2013.

The increase in depreciation and amortization expense in the International and Other segment was primarily attributable to amortization expense of $8,906 related to the amortization of identifiable intangible assets and depreciation expense of $6,290 related to property and equipment acquired in connection with the Chellomedia acquisition.

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Litigation settlement gain

Litigation settlement gain relates to the final allocation of the proceeds from the settlement of litigation with DISH Network (see “DISH Network” discussion above). The deferred litigation settlement proceeds liability of approximately $308,000 recorded in the condensed consolidated balance sheet at December 31, 2012 less the $175,000 paid to Cablevision on April 9, 2013 results in a gain of $132,944 for the six months ended June 30, 2013 included in the International and Other segment. See the income tax expense discussion below for the increase in income taxes paid, net in connection with this litigation settlement.

AOCF

AOCF increased$35,567 for the six months ended June 30, 2014 as compared to the six months ended June 30, 2013. The net change by segment was as follows:

	Six Months Ended June 30,
	2014		2013			$ change			% change
National Networks	$	314,664	$	315,790		$	(1,126	)	(0.4	)%
International and Other	8,488		(29,372		)	37,860			(128.9	)
Inter-segment eliminations	873		2,040			(1,167		)	(57.2	)
AOCF	$	324,025	$	288,458		$	35,567		12.3	%

National Networks AOCF decreased due to an increase in revenues, net of $109,018 offset by an increase in technical and operating expenses of $84,784 resulting primarily from an increase in program rights expense and an increase in selling and administrative expenses of $27,414. As a result of the factors discussed above impacting the variability in revenues and operating expenses, we expect AOCF to vary from quarter to quarter.

International and Other AOCF deficit decreased primarily due to an increase in revenues, net of $177,368, partially offset by an increase in technical and operating expenses of $89,927 and an increase in selling and administrative expenses of $51,425 due principally to the inclusion of the results of the Chellomedia acquisition from the acquisition date.

Interest expense, net

The increase in interest expense, net of $8,321 for the six months ended June 30, 2014 as compared to the six months ended June 30, 2013 was attributable to the following:

Higher average debt balances	$	7,189
Change in fair value of interest rate swap contracts	1,305
Increase in interest income	(237		)
Other	64
	$	8,321

Miscellaneous, net

The increase in miscellaneous, net expense for the six months ended June 30, 2014 as compared to the six months ended June 30, 2013 is primarily the result of $1,661 of net foreign currency transaction losses principally from the remeasurement of monetary assets and liabilities that are denominated in currencies other than the underlying functional currency of the applicable entity, and a realized loss of $1,996 primarily related to foreign currency option contracts which prior to their expiration, and in connection with the purchase of Chellomedia on January 31, 2014, were settled with the counterparties.

Income tax expense

For the six months ended June 30, 2014, income tax expense attributable to continuing operations was $75,664, representing an effective tax rate of 36%. The effective tax rate differs from the federal statutory rate of 35% due to state and local income tax expense of $3,803, tax benefit from foreign subsidiary earnings indefinitely reinvested outside of the U.S. of $7,190, tax expense of $6,424 relating to uncertain tax positions (including accrued interest), tax benefit from the domestic production activities deduction of $5,424, tax expense of $3,159 resulting from an increase in the valuation allowances for foreign and local taxes partially offset by a decrease in the valuation allowance for foreign tax credits and tax expense of $2,151 and for the effect of acquisition costs and other items. We expect our effective tax rate to be approximately 37% for the current year.

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Income taxes paid, net decreased by $79,702 to $32,187 for the six months ended June 30, 2014 as compared to the six months ended June 30, 2013. Such decrease was a result of the VOOM HD settlement agreement, as discussed in our 2013 Form 10-K, which increased tax payments in the first quarter of 2013 by approximately $81,000.

For the six months ended June 30, 2013, income tax expense attributable to continuing operations was $120,499, representing an effective tax rate of 38%. The effective tax rate differs from the federal statutory rate of 35% due primarily to state income tax expense of $6,709 and tax expense of $2,334 resulting from an increase in the valuation allowance with regard to foreign tax credit carry forwards.

Liquidity and Capital Resources

Our operations have historically generated positive net cash flow from operating activities. However, each of our programming businesses has substantial programming acquisition and production expenditure requirements.

Sources of cash primarily include cash flow from operations, amounts available under our revolving credit facility (as described below) and access to capital markets. Although we currently believe that amounts available under our revolving credit facility will be available when and if needed, we can provide no assurance that access to such funds will not be impacted by adverse conditions in the financial markets. The obligations of the financial institutions under our revolving credit facility are several and not joint and, as a result, a funding default by one or more institutions does not need to be made up by the others. As a public company, we may have access to other sources of capital such as the public bond markets. On December 10, 2012, we filed a Registration Statement on Form S-3 ("Shelf Registration") with the SEC in which we registered debt securities.

Our principal uses of cash include the acquisition and production of programming, investments and acquisitions, debt service and payments for income taxes. Our principal use of cash in 2014 related to the acquisition of Chellomedia. We continue to increase our investment in original programming, the funding of which generally occurs six to nine months in advance of a program’s airing. We expect this increased investment to continue in 2014. Historically, our businesses have not required significant capital expenditures; however, we have invested in our infrastructure as a stand-alone public company. As of June 30, 2014, our consolidated cash and cash equivalents balance includes approximately $83,600 held by foreign subsidiaries, some of which have earnings that have not been subject to U.S. tax. Repatriation of earnings not previously subject to U.S. tax would generally require us to accrue and pay U.S. taxes on such amount. However, we intend to either permanently reinvest these funds or repatriate them in a tax-free manner.

We believe that a combination of cash-on-hand, cash generated from operating activities and availability under our revolving credit facility will provide sufficient liquidity to service the principal and interest payments on our indebtedness, along with our other funding and investment requirements over the next twelve months and over the longer term. However, we do not expect to generate sufficient cash from operations to repay at maturity the entirety of the then outstanding balances of our debt. As a result, we will then be dependent upon our ability to access the capital and credit markets in order to repay or refinance the outstanding balances of our indebtedness. Failure to raise significant amounts of funding to repay these obligations at maturity would adversely affect our business. In such a circumstance, we would need to take other actions including selling assets, seeking strategic investments from third parties or reducing other discretionary uses of cash.

Our level of debt could have important consequences on our business including, but not limited to, increasing our vulnerability to general adverse economic and industry conditions, limiting the availability of our cash flow to fund future programming investments, capital expenditures, working capital, business activities and other general corporate requirements and limiting our flexibility in planning for, or reacting to, changes in our business and the industry in which we operate.

In addition, economic or market disruptions could lead to lower demand for our services, such as lower levels of advertising. These events would adversely impact our results of operations, cash flows and financial position.

Our revolving credit facility of $500,000 remains undrawn at June 30, 2014. Total undrawn revolver commitments are available to be drawn for our general corporate purposes.

AMC Networks was in compliance with all of its debt covenants as of June 30, 2014.

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Cash Flow Discussion

The following table is a summary of cash flows provided by (used in) continuing operations and discontinued operations for the six months ended June 30:

	2014			2013
Continuing operations:
Cash flow provided by (used in) operating activities	$	177,451		$	(140,522	)
Cash flow used in investing activities	(1,011,311		)	(13,013		)
Cash flow provided by (used in) financing activities	578,086			(8,798		)
Net decrease in cash from continuing operations	(255,774		)	(162,333		)
Discontinued operations:
Net decrease in cash flow from discontinued operations	$	(2,719	)	$	—

Continuing Operations

Operating Activities

Net cash provided by (used in) operating activities amounted to $177,451 for the six months ended June 30, 2014 as compared to $(140,522) for the six months ended June 30, 2013. The June 30, 2014 net cash provided by operating activities resulted from $478,413 of net income before amortization of program rights, deferred taxes, depreciation and amortization, and other non-cash items, partially offset by payments for program rights of $336,284, and a cash use of $35,322 resulting from the change in other assets and liabilities.

Cash flows from operating activities for the six months ended June 30, 2014 is not necessarily indicative of what we expect for the remainder of 2014 due to various factors, including the timing of our cash investments in our original programming and the timing of income tax payments.

Net cash (used in) provided by operating activities for the six months ended June 30, 2013 resulted from $586,859 of net income before amortization of program rights, deferred taxes, depreciation and amortization, and other non-cash items which was more than offset by a net decrease in deferred revenue and deferred litigation settlement proceeds of $318,806 primarily due to the final allocation of the Settlement Funds (see “DISH Network” discussed above), payments for program rights of $241,658, a decrease in income taxes payable of $113,025 a decrease in accounts payable, accrued expenses and other liabilities of $20,094, an increase in accounts receivable, trade of $15,295, as well as a net increase in other net assets of $18,503.

Investing Activities

Net cash used in investing activities for the six months ended June 30, 2014 and 2013 was $1,011,311 and $13,013, respectively, which primarily related to the payment for the acquisition of Chellomedia, net of cash acquired of $993,210 for the six months ended June 30, 2014 and capital expenditures of $18,755 and $13,670 for the six months ended June 30, 2014 and 2013, respectively.

Financing Activities

Net cash provided by (used in) financing activities amounted to $578,086 for the six months ended June 30, 2014 as compared to $(8,798) for the six months ended June 30, 2013. For the six months ended June 30, 2014, financing activities consisted of proceeds from the issuance of long-term debt of $600,000, which was used to fund a portion of the Chellomedia purchase price, the excess tax benefits from share-based compensation arrangements of $4,708 and proceeds from stock option exercises of $925, partially offset by treasury stock acquired from the acquisition of restricted shares of $17,804, payments for financing costs of $9,266 and principal payments on capital leases of $1,312.

Net cash used in financing activities amounted to $8,798 for the six months ended June 30, 2013. For the six months ended June 30, 2013, financing activities consisted of treasury stock acquired from the acquisition of restricted shares of $11,950, principal payments on capital leases of $760 and payments for financing costs of $532 partially offset by proceeds from stock option exercises of $1,551 and the excess tax benefits from share-based compensation arrangements of $2,893.

Discontinued Operations

The net effect of discontinued operations on cash and cash equivalents amounted to a cash outflow of $2,719 for the six months ended June 30, 2014.

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Contractual Obligations

As of June 30, 2014, our contractual obligations not reflected on the condensed consolidated balance sheet increased approximately $213,758 to approximately $542,997 as compared to approximately $329,239 at December 31, 2013. The increase relates primarily to purchase obligations at Chellomedia, including approximately $104,546 and $68,188 for program rights and transmission obligations, respectively.

Critical Accounting Policies and Estimates

We describe our significant accounting policies in Note 2 to the Company's Consolidated Financial Statements included in our 2013 Form 10-K. We discuss our critical accounting estimates in Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations," in the same 2013 Form 10-K. Other than the acquisition method of accounting discussed below, there have been no significant changes in our significant accounting policies or critical accounting estimates since December 31, 2013.

Acquisition Method of Accounting

We account for acquired businesses using the acquisition method of accounting which requires that the assets acquired and liabilities assumed be recorded at the date of the acquisition at their respective estimated fair values.  The excess purchase price over fair value is recorded as goodwill.  In determining estimated fair values, we are required to make estimates and assumptions that affect the recorded amounts, including, but not limited to, expected future cash flows, discount rates, remaining useful lives of long-lived assets, useful lives of identified intangible assets, replacement or reproduction costs of property and equipment and the amounts to be recovered in future periods from acquired net operating losses and other deferred tax assets. Our estimates in this area impact, among other items, the amount of depreciation and amortization, impairment charges in certain instances if the asset becomes impaired, and income tax expense or benefit that we report. Our estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain.

Annual Impairment Test of Goodwill and Identifiable Indefinite-Lived Intangible Assets

The following discussion has been included to provide the results of our annual impairment test of goodwill and identifiable indefinite-lived intangible assets performed as of the end of February 2014 as well as a discussion of the critical estimates inherent in assessing the recoverability of goodwill and identifiable indefinite-lived intangible assets.

Based on our annual impairment test for goodwill as of the end of February 2014, no impairment charge was required for any of the reporting units. The Company performed a qualitative assessment for each reporting unit. The qualitative assessment included, but was not limited to, consideration of the historical significant excesses of the estimated fair value of each reporting unit over its respective carrying value (including allocated goodwill), macroeconomic conditions, industry and market considerations, cost factors and historical and projected cash flows.

In assessing the recoverability of goodwill, the Company must make assumptions regarding estimated future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized and also the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Estimates of fair value for goodwill impairment testing are primarily determined using discounted cash flows and comparable market transactions methods. These valuation methods are based on estimates and assumptions including projected future cash flows, discount rate and determination of appropriate market comparables and determination of whether a premium or discount should be applied to comparables. Projected future cash flows also include assumptions for renewals of affiliation agreements, the projected number of subscribers and the projected average rates per basic and viewing subscribers and growth in fixed price contractual arrangements used to determine affiliation fee revenue, access to program rights and the cost of such program rights, amount of programming time that is advertiser supported, number of advertising spots available and the sell through rates for those spots, average fee per advertising spot and operating margins, among other assumptions. If these estimates or material related assumptions change in the future, we may be required to record impairment charges related to goodwill.

Based on the Company's annual impairment test for identifiable indefinite-lived intangible assets as of the end of February 2014, no impairment charge was required. The Company’s indefinite-lived intangible assets relate to SundanceTV trademarks, which were valued using a relief-from-royalty method in which the expected benefits are valued by discounting estimated royalty revenue over projected revenues covered by the trademarks. In order to evaluate the sensitivity of the fair value calculations for the Company’s identifiable indefinite-lived intangible assets, the Company applied a hypothetical 20% decrease to the estimated fair value of the identifiable indefinite-lived intangible assets. This hypothetical decrease in estimated fair value would not result in an impairment.

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Significant judgments inherent in estimating the fair value of indefinite-lived intangible assets include the selection of appropriate discount and royalty rates, estimating the amount and timing of estimated future cash flows and identification of appropriate continuing growth rate assumptions. The discount rates used in the analysis are intended to reflect the risk inherent in the projected future cash flows generated by the respective intangible assets.

Recently Issued Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (ASU 2014-08). ASU 2014-08 defines a discontinued operation as a disposal of a component or group of components that is disposed of or is classified as held for sale and “represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results.” The standard states that a strategic shift could include a disposal of (i) a major geographical area of operations, (ii) a major line of business, (iii) a major equity method investment, or (iv) other major parts of an entity. Although “major” is not defined, the standard provides examples of when a disposal qualifies as a discontinued operation. An entity is required to present in the statement of cash flows or disclose in a note either (i) total operating and investing cash flows for discontinued operations, or (ii) depreciation, amortization, capital expenditures, and significant operating and investing noncash items related to discontinued operations. Additional disclosures are required when an entity retains significant continuing involvement with a discontinued operation after its disposal, including the amount of cash flows to and from a discontinued operation. ASU 2014-08 is effective in the first quarter of 2015 and early adoption is permitted. The adoption of ASU 2014-08 is not expected to have a material effect on our consolidated financial statements.

In May 2014, the FASB and International Accounting Standards Board ("IASB") issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 provides new guidance related to how an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard requires an evaluation of (i) transfer of control, (ii) variable consideration, (iii) allocation of selling price for multiple elements, (iv) intellectual property licenses, (v) time value of money and (vi) contract costs. The standard also expands the required disclosures related to revenue and cash flows from contracts with customers to provide greater insight into both revenue that has been recognized, and revenue that is expected to be recognized in the future from existing contracts. ASU 2014-09 is effective in the first quarter of 2017 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative-effect adjustment as of the date of adoption, with early application not permitted. We are currently determining its implementation approach and assessing the impact on the consolidated financial statements.

In June 2014, the FASB and IASB issued ASU No. 2014-12, Compensation-Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The ASU clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Therefore, an entity would not record compensation expense (measured as of the grant date without taking into account the effect of the performance target) related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. No new disclosures are required. ASU 2014-12 is effective in the first quarter of 2015 and early adoption is permitted. The adoption of ASU 2014-12 is not expected to have a material effect on our consolidated financial statements.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

All dollar amounts included in the following discussion under this Item 3 are presented in thousands.

Fair Value of Debt

Based on the level of interest rates prevailing at June 30, 2014, the fair value of our fixed rate debt of $1,382,250 was more than its carrying value of $1,279,867 by $102,383. The fair value of these financial instruments is estimated based on reference to quoted market prices for these or comparable securities. A hypothetical 100 basis point decrease in interest rates prevailing at June 30, 2014 would increase the estimated fair value of our fixed rate debt by approximately $58,400 to approximately $1,440,700.

Managing our Interest Rate Risk

To manage interest rate risk, we enter into interest rate swap contracts from time to time to adjust the amount of total debt that is subject to variable interest rates. Such contracts effectively fix the borrowing rates on floating rate debt to limit the exposure against the risk of rising rates. We do not enter into interest rate swap contracts for speculative or trading purposes and we only enter into interest rate swap contracts with financial institutions that we believe are creditworthy counterparties. We monitor the financial institutions that are counterparties to our interest rate swap contracts and to the extent possible diversify our swap contracts among various counterparties to mitigate exposure to any single financial institution.

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As of June 30, 2014, we had $2,758,353 of debt outstanding (excluding capital leases), of which $1,478,486 is outstanding under the credit facility and is subject to variable interest rates (before consideration of the interest rate swaps contracts described below).

As of June 30, 2014, we had interest rate swap contracts outstanding with notional amounts aggregating $657,875. The aggregate fair value of interest rate swap contracts at June 30, 2014 was a liability of $10,022 (included in other liabilities). As a result of these transactions, the interest rate paid on approximately 70% of the Company’s debt (excluding capital leases) as of June 30, 2014 is effectively fixed (46% being fixed rate obligations and 24% effectively fixed through utilization of these interest rate swap contracts). Accumulated other comprehensive income (loss) consists of $(3,260) of cumulative unrealized losses, net of tax, on the portion of floating-to-fixed interest rate swap contracts designated as cash flow hedges. At June 30, 2014, our interest rate swap contracts designated as cash flow hedges were highly effective, in all material respects.

A hypothetical 100 basis point increase in interest rates prevailing at June 30, 2014 would not have a material impact on our annual interest expense.

Managing our Foreign Currency Exchange Rate Risk

To manage foreign currency exchange rate risk, we enter into foreign currency contracts from time to time with financial institutions to limit our exposure to fluctuations in foreign currency exchange rates. We do not enter into foreign currency contracts for speculative or trading purposes.

Historically, our exposure to foreign currency fluctuations has been limited to certain trade receivables from the distribution of our programming in certain territories outside of the U.S. that are denominated in a foreign currency. Following the Chellomedia acquisition, we are exposed to foreign currency risk to the extent that we enter into transactions denominated in currencies other than our or our subsidiaries' respective functional currencies (non-funcional currency risk), such as affiliation agreements, programming contracts, certain accounts payable and trade receivables (including intercompany amounts) that are denominated in a currency other than the applicable functional currency. Changes in exchange rates with respect to amounts recorded in our condensed consolidated balance sheets related to these items will result in unrealized (based upon period-end exchange rates) or realized foreign currency transaction gains and losses upon settlement of the transactions. Moreover, to the extent that our revenue, costs and expenses are denominated in currencies other than our respective functional currencies, we will experience fluctuations in our revenue, costs and expenses solely as a result of changes in foreign currency exchange rates.

As of December 31, 2013, cash and cash equivalents included €250,000 and prepaid expense and other current assets included $2,577 representing the fair value of foreign currency option contracts with notional amounts aggregating €125,000. Prior to their expiration, and in connection with the purchase of Chellomedia on January 31, 2014, the Company settled these foreign currency option contracts with the counterparties resulting in a realized loss of $1,754 for the six months ended June 30, 2014. Such amount is included in miscellaneous, net in the condensed consolidated statement of income.

The Company recognized $1,819 of foreign currency transaction losses, net for the six months ended June 30, 2014, which is resulting from the remeasurement of monetary assets and liabilities that are denominated in currencies other than the underlying functional currency of the applicable entity. Unrealized foreign currency transaction gains or losses are computed based on period-end exchange rates and are non-cash in nature until such time as the amounts are settled. Such amount is included in miscellaneous, net in the condensed consolidated statement of income.

For periods subsequent to the acquisition of Chellomeda, we expect the exposure to foreign currency fluctuations will have a more significant impact on our financial position and results of operations.

We also are exposed to fluctuations of the U.S. dollar (our reporting currency) against the currencies of our operating subsidiaries when their respective financial statements are translated into U.S. dollars for inclusion in our condensed consolidated financial statements. Cumulative translation adjustments are recorded in accumulated other comprehensive income (loss) as a separate component of equity. Any increase (decrease) in the value of the U.S. dollar against any foreign currency that is the functional currency of one of our operating subsidiaries will cause us to experience unrealized foreign currency translation losses (gains) with respect to amounts already invested in such foreign currencies. Accordingly, we may experience a negative impact on our comprehensive income (loss) and equity with respect to our holdings solely as a result of changes in foreign currency exchange rates.

Item 4. Controls and Procedures.

Disclosure Controls and Procedures

An evaluation was carried out under the supervision and with the participation of the Company’s management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended). Based upon

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that evaluation as of June 30, 2014, the Company’s Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures are effective.

Changes in Internal Control over Financial Reporting

On January 31, 2014, the Company acquired Chellomedia (see Note 2 to the accompanying condensed consolidated financial statements). We are currently integrating policies, processes, people, technology and operations for the combined company. Management will continue to evaluate our internal control over financial reporting as we execute integration activities. During the quarter ended June 30, 2014, except as noted above, there were no changes in the Company's internal control over financial reporting, that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

PART II. OTHER INFORMATION

Item 1. Legal Proceedings.

Since our 2013 Form 10-K, there have been no material developments in legal proceedings in which we are involved. See Note 12, Commitments and Contingencies to the condensed consolidated financial statements included in our 2013 Form 10-K.

Item 6. Exhibits.

(a) Index to Exhibits.

10.1	Amended and Restated Employment Agreement dated April 24, 2014, between AMC Networks Inc. and Joshua W. Sapan (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K filed on April 29, 2014).
10.2	Restricted Stock Units Agreement dated April 25, 2014, between AMC Networks Inc. and Joshua W. Sapan (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on April 29, 2014).
31.1	Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32	Certifications of Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350.
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension Schema Document.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF	XBRL Taxonomy Extension Definition Linkbase.
101.LAB	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

			AMC Networks Inc.
Date:	August 7, 2014	By:	/s/ Sean S. Sullivan
			Sean S. Sullivan
			Executive Vice President and Chief Financial Officer

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EX-31.1

Exhibit 31.1

I, Joshua W. Sapan, certify that:

1. I have reviewed this quarterly report on Form 10-Q of AMC Networks Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;

4. The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)), for the Registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date:	August 7, 2014	By:	/s/ Joshua W. Sapan
			Joshua W. Sapan
			President and Chief Executive Officer

EX-31.2

Exhibit 31.2

I, Sean S. Sullivan, certify that:

1. I have reviewed this quarterly report on Form 10-Q of AMC Networks Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Registrant as of, and for, the periods presented in this report;

4. The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)), for the Registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date:	August 7, 2014	By:	/s/ Sean S. Sullivan
			Sean S. Sullivan
			Executive Vice President and Chief Financial Officer

EX-32

Exhibit 32

Certifications

Pursuant to 18 U.S.C. § 1350, each of the undersigned officers of AMC Networks Inc. (“AMC Networks”) hereby certifies, to such officer’s knowledge, that AMC Networks’ Quarterly Report on Form 10-Q for the quarter ended June 30, 2014 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of AMC Networks.

Date:	August 7, 2014	By:	/s/ Joshua W. Sapan
			Joshua W. Sapan
			President and Chief Executive Officer

Date:	August 7, 2014	By:	/s/ Sean S. Sullivan
			Sean S. Sullivan
			Executive Vice President and Chief Financial Officer

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Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Summary Of Continuing Operations By Reportable Segment

	Three Months Ended June 30, 2014
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	163,836		$	16,475		$	—		$	180,311
Distribution	234,168			108,125			(511		)	341,782
Consolidated revenues, net	$	398,004		$	124,600		$	(511	)	$	522,093
Adjusted operating cash flow	$	136,918		$	19,537		$	464		$	156,919
Depreciation and amortization	(5,046		)	(12,485		)	—			(17,531		)
Share-based compensation expense	(6,624		)	(2,136		)	—			(8,760		)
Restructuring expense	$	—		$	(1,153	)	$	—		$	(1,153	)
Operating income	$	125,248		$	3,763		$	464		$	129,475
	Three Months Ended June 30, 2013
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	147,243		$	—		$	—		$	147,243
Distribution	218,752			13,389			(62		)	232,079
Consolidated revenues, net	$	365,995		$	13,389		$	(62	)	$	379,322
Adjusted operating cash flow (deficit)	$	151,195		$	(13,976	)	$	1,073		$	138,292
Depreciation and amortization	(15,177		)	(3,131		)	—			(18,308		)
Share-based compensation expense	(4,951		)	(653		)	—			(5,604		)
Litigation settlement gain	$	—		$	132,944		$	—		$	132,944
Operating income	$	131,067		$	115,184		$	1,073		$	247,324

	Six Months Ended June 30, 2014
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	371,739		$	24,489		$	—		$	396,228
Distribution	474,945			176,689			(1,215		)	650,419
Consolidated revenues, net	$	846,684		$	201,178		$	(1,215	)	$	1,046,647
Adjusted operating cash flow	$	314,664		$	8,488		$	873		$	324,025
Depreciation and amortization	(9,953		)	(21,972		)	—			(31,925		)
Share-based compensation expense	(10,789		)	(3,050		)	—			(13,839		)
Restructuring expense	$	—		$	(1,153	)	$	—		$	(1,153	)
Operating income	$	293,922		$	(17,687	)	$	873		$	277,108
Capital expenditures	$	7,204		$	11,551		$	—		$	18,755
	Six Months Ended June 30, 2013
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	311,203		$	—		$	—		$	311,203
Distribution	426,463			23,810			(193		)	450,080
Consolidated revenues, net	$	737,666		$	23,810		$	(193	)	$	761,283
Adjusted operating cash flow (deficit)	$	315,790		$	(29,372	)	$	2,040		$	288,458
Depreciation and amortization	(30,476		)	(6,177		)	—			(36,653		)
Share-based compensation expense	(8,735		)	(1,206		)	—			(9,941		)
Litigation settlement gain	$	—		$	132,944		$	—		$	132,944
Operating income	$	276,579		$	96,189		$	2,040		$	374,808
Capital expenditures	$	4,698		$	8,972		$	—		$	13,670

Summary Of Inter-Segment Eliminations

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Inter-segment revenues
National Networks	$	(316	)	$	(80	)	$	(990	)	$	(80	)
International and Other	(195		)	18			(225		)	(113		)
	$	(511	)	$	(62	)	$	(1,215	)	$	(193	)

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

The table below summarizes revenue based on customer location:

	Three Months Ended June 30, 2014		Six Months Ended June 30, 2014
Revenue
United States	$	383,610	$	832,760
Europe	107,231		157,014
Other	31,252		56,873
	$	522,093	$	1,046,647

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block]

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Accrued Liabilities (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Accrued Liabilities, Current [Abstract]
Interest Payable, Current	$ 28,529	$ 27,770
Employee-related Liabilities, Current	70,988	88,512
Other Accrued Liabilities, Current	27,871	15,008
Accrued liabilities	$ 127,388	$ 131,290

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Discontinued Operations Discontinued Operations (Income Statement) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		5 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]
Revenues, net	$ 11,533		$ 18,171
Loss before income taxes	(806)		(1,690)
Income tax expense	(926)		(792)
Loss from discontinued operations	$ (1,732)	$ 0	$ (2,482)	$ (2,482)	$ 0

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Segment Information (Narrative) (Details)	6 Months Ended
	Jun. 30, 2014 segment
Segment Reporting [Abstract]
Number of Operating Segments	2

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Debt (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2014 Revolving Credit Facility [Member]	Jan. 31, 2014 Revolving Credit Facility [Member]	Jan. 31, 2014 Term-A Facility [Member]	Dec. 16, 2013 Term-A Facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity		$ 500,000
Debt Instrument, Face Amount			500,000	600,000	880,000
Payments of Debt Issuance Costs	$ 9,266

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Condensed Consolidating Financial Statements Condensed Consolidating Financial Statements (Comprehensive Income) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Condensed Financial Statements, Captions [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 58,448	$ 135,731	$ 129,685	$ 197,248
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax	4,502	0	10,052	0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	1,171	2,260	1,957	4,112
Other Comprehensive Income (Loss), before Tax	5,673	2,260	12,009	4,112
Income tax (expense) benefit	(432)	(838)	(722)	(1,525)
Other Comprehensive Income (Loss), Net of Tax	5,241	1,422	11,287	2,587
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	63,689	137,153	140,972	199,835
Comprehensive Loss, Net of Tax, Attributable to Noncontrolling Interest	207	0	337	0
Comprehensive income	63,896	137,153	141,309	199,835
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(125,366)		(244,946)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax	(9,221)		(15,374)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	0		0
Other Comprehensive Income (Loss), before Tax	(9,221)		(15,374)
Income tax (expense) benefit	0		0
Other Comprehensive Income (Loss), Net of Tax	(9,221)		(15,374)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	(134,587)		(260,320)
Comprehensive Loss, Net of Tax, Attributable to Noncontrolling Interest	0		0
Comprehensive income	(134,587)		(260,320)
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	58,655		130,022
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax	9,221		15,374
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	1,171		1,957
Other Comprehensive Income (Loss), before Tax	10,392		17,331
Income tax (expense) benefit	(432)		(722)
Other Comprehensive Income (Loss), Net of Tax	9,960		16,609
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	68,615		146,631
Comprehensive Loss, Net of Tax, Attributable to Noncontrolling Interest	0		0
Comprehensive income	68,615		146,631
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	115,271		238,022
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax	9,221		15,374
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	0		0
Other Comprehensive Income (Loss), before Tax	9,221		15,374
Income tax (expense) benefit	0		0
Other Comprehensive Income (Loss), Net of Tax	9,221		15,374
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	124,492		253,396
Comprehensive Loss, Net of Tax, Attributable to Noncontrolling Interest	432		854
Comprehensive income	124,924		254,250
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	9,888		6,587
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax	(4,719)		(5,322)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	0		0
Other Comprehensive Income (Loss), before Tax	(4,719)		(5,322)
Income tax (expense) benefit	0		0
Other Comprehensive Income (Loss), Net of Tax	(4,719)		(5,322)
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	5,169		1,265
Comprehensive Loss, Net of Tax, Attributable to Noncontrolling Interest	(225)		(517)
Comprehensive income	$ 4,944		$ 748

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Net Income Per Share (Reconciliation Between Basic And Diluted Weighted Average Shares Outstanding) (Details) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Basic weighted average shares outstanding	72,043	71,568	71,910	71,430
Diluted weighted average shares outstanding	72,802	72,643	72,343	72,613
Stock Options [Member]
Incremental Common Shares Attributable to Share-based Payment Arrangements	231	294	120	314
Restricted Shares/Units [Member]
Incremental Common Shares Attributable to Share-based Payment Arrangements	528	781	313	869

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Debt (Tables)

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Schedule Of Long-Term Debt Instruments

ebt consists of:

	June 30, 2014			December 31, 2013
Senior Secured Credit Facility: (a)
Term loan A facility	$	1,480,000		$	880,000
Senior Notes
7.75% Notes due July 2021	700,000			700,000
4.75% Notes due December 2022	600,000			600,000
Total long-term debt	2,780,000			2,180,000
Unamortized discount	(21,647		)	(22,817		)
Long-term debt, net	2,758,353			2,157,183
Current portion of long-term debt	37,000			—
Noncurrent portion of long-term debt	$	2,721,353		$	2,157,183

(a) The Company’s $500,000 revolving credit facility remains undrawn at June 30, 2014. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.

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Condensed Consolidating Financial Statements Condensed Consolidating Financial Statements (Cash Flow) (Details) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014 USD ($)	Jun. 30, 2013 USD ($)	Jun. 30, 2014 Consolidation, Eliminations [Member] USD ($)	Jun. 30, 2014 Parent Company [Member] USD ($)	Jun. 30, 2014 Guarantor Subsidiaries [Member] USD ($)	Jun. 30, 2014 Non-Guarantor Subsidiaries [Member] USD ($)
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	$ 177,451	$ (140,522)	$ (155,613)	$ 153,255	$ 141,858	$ 37,951
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment	(18,755)	(13,670)	0	(1,371)	(13,086)	(4,298)
Increase Decrease in Consolidated Subsidiaries	0		170,987	(38,589)	(161,166)	28,768
Payments to Acquire Businesses, Net of Cash Acquired	(993,210)	0	0	0	(1,009,286)	16,076
Proceeds from insurance settlements	654	657	0	0	654	0
Net cash (used in) provided by investing activities	(1,011,311)	(13,013)	170,987	(39,960)	(1,182,884)	40,546
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	600,000	0	0	600,000	0	0
Payments of Financing Costs	(9,266)	(532)	0	(9,266)	0	0
Payments for Repurchase of Common Stock	(17,804)	(11,950)	0	(17,804)	0	0
Proceeds from stock option exercises	925	1,551	0	925	0	0
Excess tax benefits from share-based compensation arrangements	4,708	2,893	0	4,708	0	0
Repayments of Long-term Capital Lease Obligations	(1,312)	(760)	0	0	(865)	(447)
Long-term Intercompany Debt	0		0	(706,190)	706,190	0
Capital contributions from Related Party	0		0	0	(5,100)	5,100
Proceeds from (Payments to) Noncontrolling Interests	835	0	0	0	0	835
Net cash provided by (used in) financing activities	578,086	(8,798)	0	(127,627)	700,225	5,488
Net increase in cash and cash equivalents from continuing operations	(255,774)	(162,333)	15,374	(14,332)	(340,801)	83,985
Cash Provided by (Used in) Operating Activities, Discontinued Operations	(2,719)	0	0	0	0	(2,719)
Net Cash Provided by (Used in) Discontinued Operations	(2,719)	0	0	0	0	(2,719)
Effect of Exchange Rate on Cash and Cash Equivalents	20,534	0	(15,374)	15,374	15,374	5,160
Cash and cash equivalents at beginning of period	521,951	610,970	0	942	519,392	1,617
Cash and cash equivalents at end of period	$ 283,992	$ 448,637	$ 0	$ 1,984	$ 193,965	$ 88,043

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Segment Information (Revenues by geographic region) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Revenue, Net	$ 522,093	$ 379,322	$ 1,046,647	$ 761,283
Americas [Member]
Segment Reporting Information [Line Items]
Revenue, Net	383,610		832,760
Europe [Member]
Segment Reporting Information [Line Items]
Revenue, Net	107,231		157,014
Other Geographic Locations [Member]
Segment Reporting Information [Line Items]
Revenue, Net	$ 31,252		$ 56,873

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Fair Value Measurement (Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	$ 13,032	$ 63,029
Liabilities, Fair Value Disclosure [Abstract]
Interest rate swap contracts	10,022	12,713
Foreign Currency Contracts, Liability, Fair Value Disclosure	2,413
Level I [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	13,032	63,029
Liabilities, Fair Value Disclosure [Abstract]
Interest rate swap contracts	0	0
Foreign Currency Contracts, Liability, Fair Value Disclosure	0
Level II [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Liabilities, Fair Value Disclosure [Abstract]
Interest rate swap contracts	10,022	12,713
Foreign Currency Contracts, Liability, Fair Value Disclosure	2,413
Level III [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Liabilities, Fair Value Disclosure [Abstract]
Interest rate swap contracts	0	0
Foreign Currency Contracts, Liability, Fair Value Disclosure	0
Foreign Exchange Forward [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure	3,087
Foreign Exchange Forward [Member] | Level I [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure	0
Foreign Exchange Forward [Member] | Level II [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure	3,087
Foreign Exchange Forward [Member] | Level III [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure	0
Foreign Exchange Option [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure		2,577
Foreign Exchange Option [Member] | Level I [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure		0
Foreign Exchange Option [Member] | Level II [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure		2,577
Foreign Exchange Option [Member] | Level III [Member]
Assets, Fair Value Disclosure [Abstract]
Foreign Currency Contract, Asset, Fair Value Disclosure		$ 0

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Condensed Consolidating Financial Statements (Balance Sheet) (Details) In Thousands, unless otherwise specified	Jun. 30, 2014 USD ($)	Dec. 31, 2013 USD ($)	Dec. 31, 2013 EUR (€)	Jun. 30, 2013 USD ($)	Dec. 31, 2012 USD ($)	Jun. 30, 2014 Consolidation, Eliminations [Member] USD ($)	Dec. 31, 2013 Consolidation, Eliminations [Member] USD ($)	Jun. 30, 2014 Parent Company [Member] USD ($)	Dec. 31, 2013 Parent Company [Member] USD ($)	Jun. 30, 2014 Guarantor Subsidiaries [Member] USD ($)	Dec. 31, 2013 Guarantor Subsidiaries [Member] USD ($)	Jun. 30, 2014 Non-Guarantor Subsidiaries [Member] USD ($)	Dec. 31, 2013 Non-Guarantor Subsidiaries [Member] USD ($)
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 283,992	$ 521,951	€ 250,000	$ 448,637	$ 610,970	$ 0	$ 0	$ 1,984	$ 942	$ 193,965	$ 519,392	$ 88,043	$ 1,617
Accounts receivable, trade (less allowance for doubtful accounts)	518,112	378,831				0		0		378,853		139,259
Amounts due from related parties, net	4,044	4,774				0		0		4,044		0
Current portion of program rights, net	398,563	317,922				0		0		336,866		61,697
Prepaid expenses and other current assets	57,606	65,512				(29,686)		22,503		52,770		12,019
Deferred tax asset, net	29,584	15,668				0		24,491		0		5,093
Assets Held-for-sale, Current	18,709	0				0		0		0		18,709
Total current assets	1,310,610	1,304,658				(29,686)		48,978		966,498		324,820
Property and equipment, net	130,040	71,068				0		0		73,102		56,938
Investments In Consolidated Subsidiaries	0					(2,685,846)		1,722,171		963,675		0
Program rights, net	971,456	853,516				0		0		920,485		50,971
Amounts due from related parties, net	1,935	2,096				0		0		1,935		0
Intercompany Receivable, Noncurrent	0					(828,398)		706,190		122,208		0
Deferred carriage fees, net	51,781	44,032				0		0		49,406		2,375
Intangible Assets, Net (Excluding Goodwill)	498,361	209,552				0		0		204,666		293,695
Goodwill	601,921	76,748				0		0		75,470		526,451
Other assets	119,746	75,019				0		30,018		40,910		48,818
Total assets	3,685,850	2,636,689				(3,543,930)		2,507,357		3,418,355		1,304,068
Accounts payable	131,932	48,126				0		55		68,143		63,734
Accrued liabilities	127,388	131,290				(29,686)		32,148		103,182		21,744
Program rights obligations	261,274	210,190				0		0		224,870		36,404
Deferred revenue	43,220	23,429				0		0		40,282		2,938
Debt, Current	37,000	0				0		37,000		0		0
Current portion of capital lease obligations	2,834	1,718				0		0		2,149		685
Liabilities of Assets Held-for-sale	17,632	0				0		0		0		17,632
Total current liabilities	621,280	414,753				(29,686)		69,203		438,626		143,137
Program rights obligations	490,499	449,587				0		0		488,150		2,349
Long-term debt	2,721,353	2,157,183				0		2,721,353		0		0
Capital lease obligations	29,038	12,387				0		0		13,162		15,876
Deferred Tax Assets, Net	124,280					0		108,906		0		15,374
Intercompany Payable, Noncurrent	0					(828,398)		0		706,190		122,208
Other liabilities	95,489	78,755				0		31,148		50,642		13,699
Total liabilities	4,081,939	3,207,940				(858,084)		2,930,610		1,696,770		312,643
Shareholders Equity Other	(428,577)					(2,685,846)		(423,253)		1,722,171		958,351
Stockholders' Equity Attributable to Parent	(428,577)	(571,519)				(2,685,846)		(423,253)		1,722,171		958,351
Stockholders' Equity Attributable to Noncontrolling Interest	32,488	268				0		0		(586)		33,074
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(396,089)	(571,251)				(2,685,846)		(423,253)		1,721,585		991,425
Total liabilities and stockholders’ deficiency	$ 3,685,850	$ 2,636,689				$ (3,543,930)		$ 2,507,357		$ 3,418,355		$ 1,304,068

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Condensed Consolidating Financial Statements Condensed Consolidating Financial Statements (Income Statement) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		5 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013
Condensed Income Statements, Captions [Line Items]
Revenue, Net	$ 522,093	$ 379,322		$ 1,046,647	$ 761,283
Operating expenses
Cost of Revenue	232,044	137,656		449,215	274,335
Selling, General and Administrative Expense	141,890	108,978		287,246	208,431
Restructuring Charges	1,153	0		1,153	0
Depreciation, Depletion and Amortization, Nonproduction	17,531	18,308		31,925	36,653
Total Operating Expenses	392,618	131,998		769,539	386,475
Operating Income	129,475	247,324		277,108	374,808
Interest Income (Expense), Net	(33,605)			(65,036)
Income (Loss) from Equity Method Investments	0			0
Miscellaneous, net	869	(144)		(4,241)	(346)
Total nonoperating income (expense)	(32,736)	(27,743)		(69,277)	(57,061)
Income from continuing operations before income taxes	96,739	219,581		207,831	317,747
Income Tax (Expense) Benefit	(36,559)	(83,850)		(75,664)	(120,499)
Income from continuing operations	60,180	135,731		132,167	197,248
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(1,732)	0	(2,482)	(2,482)	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	58,448	135,731		129,685	197,248
Net (Income) Loss Attributable to Noncontrolling Interest	207	0		337	0
Net Income (Loss) Attributable to Parent	58,655	135,731		130,022	197,248
Consolidation, Eliminations [Member]
Condensed Income Statements, Captions [Line Items]
Revenue, Net	0			0
Operating expenses
Cost of Revenue	0			0
Selling, General and Administrative Expense	10			10
Restructuring Charges	0			0
Depreciation, Depletion and Amortization, Nonproduction	0			0
Total Operating Expenses	10			10
Operating Income	(10)			(10)
Interest Income (Expense), Net	0			0
Income (Loss) from Equity Method Investments	(125,366)			(244,946)
Miscellaneous, net	10			10
Total nonoperating income (expense)	(125,356)			(244,936)
Income from continuing operations before income taxes	(125,366)			(244,946)
Income Tax (Expense) Benefit	0			0
Income from continuing operations	(125,366)			(244,946)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0			0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(125,366)			(244,946)
Net (Income) Loss Attributable to Noncontrolling Interest	0			0
Net Income (Loss) Attributable to Parent	(125,366)			(244,946)
Parent Company [Member]
Condensed Income Statements, Captions [Line Items]
Revenue, Net	0			0
Operating expenses
Cost of Revenue	0			0
Selling, General and Administrative Expense	0			0
Restructuring Charges	0			0
Depreciation, Depletion and Amortization, Nonproduction	0			0
Total Operating Expenses	0			0
Operating Income	0			0
Interest Income (Expense), Net	(19,953)			(42,185)
Income (Loss) from Equity Method Investments	115,703			238,876
Miscellaneous, net	(4,500)			1,842
Total nonoperating income (expense)	91,250			198,533
Income from continuing operations before income taxes	91,250			198,533
Income Tax (Expense) Benefit	(32,595)			(68,511)
Income from continuing operations	58,655			130,022
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0			0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	58,655			130,022
Net (Income) Loss Attributable to Noncontrolling Interest	0			0
Net Income (Loss) Attributable to Parent	58,655			130,022
Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Revenue, Net	412,773			872,861
Operating expenses
Cost of Revenue	175,522			356,972
Selling, General and Administrative Expense	114,963			241,340
Restructuring Charges	0			0
Depreciation, Depletion and Amortization, Nonproduction	8,511			16,720
Total Operating Expenses	298,996			615,032
Operating Income	113,777			257,829
Interest Income (Expense), Net	(12,213)			(20,585)
Income (Loss) from Equity Method Investments	9,663			6,070
Miscellaneous, net	6,461			(334)
Total nonoperating income (expense)	3,911			(14,849)
Income from continuing operations before income taxes	117,688			242,980
Income Tax (Expense) Benefit	(2,417)			(4,958)
Income from continuing operations	115,271			238,022
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0			0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	115,271			238,022
Net (Income) Loss Attributable to Noncontrolling Interest	432			854
Net Income (Loss) Attributable to Parent	115,703			238,876
Non-Guarantor Subsidiaries [Member]
Condensed Income Statements, Captions [Line Items]
Revenue, Net	109,320			173,786
Operating expenses
Cost of Revenue	56,522			92,243
Selling, General and Administrative Expense	26,917			45,896
Restructuring Charges	1,153			1,153
Depreciation, Depletion and Amortization, Nonproduction	9,020			15,205
Total Operating Expenses	93,612			154,497
Operating Income	15,708			19,289
Interest Income (Expense), Net	(1,439)			(2,266)
Income (Loss) from Equity Method Investments	0			0
Miscellaneous, net	(1,102)			(5,759)
Total nonoperating income (expense)	(2,541)			(8,025)
Income from continuing operations before income taxes	13,167			11,264
Income Tax (Expense) Benefit	(1,547)			(2,195)
Income from continuing operations	11,620			9,069
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(1,732)			(2,482)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	9,888			6,587
Net (Income) Loss Attributable to Noncontrolling Interest	(225)			(517)
Net Income (Loss) Attributable to Parent	$ 9,663			$ 6,070

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Segment Information (Summary Of Continuing Operations By Reportable Segment) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Advertising	$ 180,311	$ 147,243	$ 396,228	$ 311,203
Distribution	341,782	232,079	650,419	450,080
Consolidated revenues, net	522,093	379,322	1,046,647	761,283
Adjusted operating cash flow (deficit)	156,919	138,292	324,025	288,458
Depreciation and amortization	(17,531)	(18,308)	(31,925)	(36,653)
Share-based compensation expense	(8,760)	(5,604)	(13,839)	(9,941)
Restructuring Charges	(1,153)	0	(1,153)	0
Gain (Loss) Related to Litigation Settlement	0	132,944	0	132,944
Operating Income	129,475	247,324	277,108	374,808
Capital Expenditures			18,755	13,670
Operating Segments [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Advertising	163,836	147,243	371,739	311,203
Distribution	234,168	218,752	474,945	426,463
Consolidated revenues, net	398,004	365,995	846,684	737,666
Adjusted operating cash flow (deficit)	136,918	151,195	314,664	315,790
Depreciation and amortization	(5,046)	(15,177)	(9,953)	(30,476)
Share-based compensation expense	(6,624)	(4,951)	(10,789)	(8,735)
Restructuring Charges	0		0
Gain (Loss) Related to Litigation Settlement		0		0
Operating Income	125,248	131,067	293,922	276,579
Capital Expenditures			7,204	4,698
Operating Segments [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Advertising	16,475	0	24,489	0
Distribution	108,125	13,389	176,689	23,810
Consolidated revenues, net	124,600	13,389	201,178	23,810
Adjusted operating cash flow (deficit)	19,537	(13,976)	8,488	(29,372)
Depreciation and amortization	(12,485)	(3,131)	(21,972)	(6,177)
Share-based compensation expense	(2,136)	(653)	(3,050)	(1,206)
Restructuring Charges	(1,153)		(1,153)
Gain (Loss) Related to Litigation Settlement		132,944		132,944
Operating Income	3,763	115,184	(17,687)	96,189
Capital Expenditures			11,551	8,972
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Advertising	0	0	0	0
Distribution	(511)	(62)	(1,215)	(193)
Consolidated revenues, net	(511)	(62)	(1,215)	(193)
Adjusted operating cash flow (deficit)	464	1,073	873	2,040
Depreciation and amortization	0	0		0
Share-based compensation expense	0	0		0
Restructuring Charges	0		0
Gain (Loss) Related to Litigation Settlement		0		0
Operating Income	464	1,073	873	2,040
Capital Expenditures			0	0
Intersegment Eliminations [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Consolidated revenues, net	(316)	(80)	(990)	(80)
Intersegment Eliminations [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Consolidated revenues, net	$ (195)	$ 18	$ (225)	$ (113)

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Segment Information

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company classifies its operations into two operating segments: National Networks and International and Other. These reportable segments represent strategic business units that are managed separately.

The Company generally allocates all corporate overhead costs to the Company’s two operating segments based upon their proportionate estimated usage of services, including such costs as executive salaries and benefits, costs of maintaining corporate headquarters, facilities and common support functions (such as human resources, legal, finance, tax, accounting, audit, treasury, risk management, strategic planning and information technology) as well as sales support functions and creative and production services.

The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating cash flow (defined as operating income (loss) before depreciation and amortization, share-based compensation expense or benefit, restructuring expense or credit and the litigation settlement gain recorded in connection with the settlement with DISH Network). The Company does not consider the one-time litigation settlement gain with DISH Network to be indicative of its ongoing operating performance. The Company has presented the components that reconcile adjusted operating cash flow to operating income, an accepted GAAP measure and other information as to the continuing operations of the Company’s reportable segments below.

As of March 31, 2014, following the Chellomedia acquisition on January 31, 2014 (see Note 2), the manner in which the President and Chief Executive Officer, who is the chief operating decision maker, evaluates performance and makes decisions about how to allocate resources changed, resulting in the reorganization of the Company's operating segments. The National Networks operating segment now includes the results of AMC and Sundance Channel in Canada and AMC Networks Broadcasting & Technology, the Company's network technical services business, which primarily services the nationally distributed programming networks of the Company. Previously, the results of these operations were included in the International and Other operating segment. The results of AMC Networks International are included in the International and Other operating segment. Operating segment information for the prior period has been recast to reflect these changes.

	Three Months Ended June 30, 2014
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	163,836		$	16,475		$	—		$	180,311
Distribution	234,168			108,125			(511		)	341,782
Consolidated revenues, net	$	398,004		$	124,600		$	(511	)	$	522,093
Adjusted operating cash flow	$	136,918		$	19,537		$	464		$	156,919
Depreciation and amortization	(5,046		)	(12,485		)	—			(17,531		)
Share-based compensation expense	(6,624		)	(2,136		)	—			(8,760		)
Restructuring expense	$	—		$	(1,153	)	$	—		$	(1,153	)
Operating income	$	125,248		$	3,763		$	464		$	129,475
	Three Months Ended June 30, 2013
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	147,243		$	—		$	—		$	147,243
Distribution	218,752			13,389			(62		)	232,079
Consolidated revenues, net	$	365,995		$	13,389		$	(62	)	$	379,322
Adjusted operating cash flow (deficit)	$	151,195		$	(13,976	)	$	1,073		$	138,292
Depreciation and amortization	(15,177		)	(3,131		)	—			(18,308		)
Share-based compensation expense	(4,951		)	(653		)	—			(5,604		)
Litigation settlement gain	$	—		$	132,944		$	—		$	132,944
Operating income	$	131,067		$	115,184		$	1,073		$	247,324

	Six Months Ended June 30, 2014
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	371,739		$	24,489		$	—		$	396,228
Distribution	474,945			176,689			(1,215		)	650,419
Consolidated revenues, net	$	846,684		$	201,178		$	(1,215	)	$	1,046,647
Adjusted operating cash flow	$	314,664		$	8,488		$	873		$	324,025
Depreciation and amortization	(9,953		)	(21,972		)	—			(31,925		)
Share-based compensation expense	(10,789		)	(3,050		)	—			(13,839		)
Restructuring expense	$	—		$	(1,153	)	$	—		$	(1,153	)
Operating income	$	293,922		$	(17,687	)	$	873		$	277,108
Capital expenditures	$	7,204		$	11,551		$	—		$	18,755
	Six Months Ended June 30, 2013
	National Networks			International and Other			Inter-segment eliminations			Consolidated
Revenues, net
Advertising	$	311,203		$	—		$	—		$	311,203
Distribution	426,463			23,810			(193		)	450,080
Consolidated revenues, net	$	737,666		$	23,810		$	(193	)	$	761,283
Adjusted operating cash flow (deficit)	$	315,790		$	(29,372	)	$	2,040		$	288,458
Depreciation and amortization	(30,476		)	(6,177		)	—			(36,653		)
Share-based compensation expense	(8,735		)	(1,206		)	—			(9,941		)
Litigation settlement gain	$	—		$	132,944		$	—		$	132,944
Operating income	$	276,579		$	96,189		$	2,040		$	374,808
Capital expenditures	$	4,698		$	8,972		$	—		$	13,670

Inter-segment eliminations are primarily revenues recognized by AMC Networks Broadcasting & Technology for transmission revenues recognized from the International and Other operating segment.

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Inter-segment revenues
National Networks	$	(316	)	$	(80	)	$	(990	)	$	(80	)
International and Other	(195		)	18			(225		)	(113		)
	$	(511	)	$	(62	)	$	(1,215	)	$	(193	)

The table below summarizes revenue based on customer location:

	Three Months Ended June 30, 2014		Six Months Ended June 30, 2014
Revenue
United States	$	383,610	$	832,760
Europe	107,231		157,014
Other	31,252		56,873
	$	522,093	$	1,046,647

The table below summarizes property and equipment based on asset location:

	June 30, 2014
Property and Equipment
United States	$	72,765
Europe	36,924
Other	20,351
	$	130,040

Prior to the acquisition of Chellomedia, substantially all revenues and assets of the Company were attributed to or located in the U.S.

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Goodwill and Other Intangible Assets (Narrative) (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Finite-Lived Intangible Assets [Line Items]
Goodwill, Subsequent Recognition of Deferred Tax Asset	$ 1,278,000
Finite-Lived Intangible Assets, Amortization Expense	13,792,000	25,044,000
Goodwill Impairment Loss	0
Impairment of Intangible Assets (Excluding Goodwill)	$ 0
Percentage of hypothetical decrease	20.00%
Affiliate and Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	12 years
Affiliate and Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	25 years

XML

Business Combination (Narrative) (Details)		3 Months Ended	6 Months Ended
	Jan. 31, 2014 country subscriber	Jun. 30, 2014 Chellomedia [Member] USD ($)	Jun. 30, 2014 Chellomedia [Member] USD ($)	Jan. 31, 2014 Chellomedia [Member] USD ($)	Jan. 31, 2014 Chellomedia [Member] EUR (€)	Jan. 31, 2014 Term-A Facility [Member] USD ($)	Dec. 16, 2013 Term-A Facility [Member] USD ($)
Business Acquisition [Line Items]
Purchase Price To Acquire An Entity				$ 1,000,000,000	€ 750,000,000
Debt Instrument, Face Amount						600,000,000	880,000,000
Number of Subscribers	390,000,000
Number of countries	130
Revenue Included in Statement of Income Since Acquisition		167,470,000
Operating Income Included in Statement of Income Since Acquisition		21,858,000
Business Acquisition, Transaction Costs		14,139,000	14,139,000
Business Acquisition, Transaction Costs Incurred by Acquiree			$ 2,000

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Condensed Consolidating Financial Statements Condensed Consolidating Financial Statements (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014 7.75% Senior Notes [Member]	Dec. 31, 2013 7.75% Senior Notes [Member]	Jun. 30, 2011 7.75% Senior Notes [Member]	Jun. 30, 2014 4.75% Senior Notes [Member]	Dec. 31, 2013 4.75% Senior Notes [Member]	Dec. 17, 2012 4.75% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 2,780,000	$ 2,180,000	$ 700,000	$ 700,000		$ 600,000	$ 600,000	$ 600,000
Debt Instrument, Interest Rate, Stated Percentage			7.75%		7.75%	4.75%		4.75%
Parent Percentage of Ownership in Guarantor Subsidiaries	100.00%

XML

Cash Flows (Tables)

6 Months Ended

Jun. 30, 2014

Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]

Summary Of Non-Cash Activities And Other Supplemental Data

The Company’s non-cash investing and financing activities and other supplemental data are as follows:

	Six Months Ended June 30,
	2014	2013
Non-Cash Investing and Financing Activities:
Continuing Operations:
Increase in capital lease obligations and related assets	19,036	865
Capital expenditures incurred but not yet paid	656	945
Supplemental Data:
Cash interest paid — continuing operations	61,300	56,320
Income taxes paid, net — continuing operations	32,187	111,889

XML

Goodwill and Other Intangible Assets (Summary Of Intangible Assets) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Gross Carrying Amount of Amortizable Intangible Assets	$ 546,807	$ 244,244
Accumulated amortization	(68,346)	(54,592)
Amortizable intangible assets, net of accumulated amortization	478,461	189,652
Trademarks	19,900	19,900
Intangible Assets, Gross, Excluding Goodwill	566,707	264,144
Total intangible assets, net	498,361	209,552
Affiliate and Customer Relationships [Member]
Gross Carrying Amount of Amortizable Intangible Assets	486,229	243,600
Accumulated amortization	(66,417)	(53,971)
Amortizable intangible assets, net of accumulated amortization	419,812	189,629
Trade Names [Member]
Gross Carrying Amount of Amortizable Intangible Assets	59,934
Accumulated amortization	(1,294)
Amortizable intangible assets, net of accumulated amortization	58,640
Other Amortizable Intangible Assets [Member]
Gross Carrying Amount of Amortizable Intangible Assets	644	644
Accumulated amortization	(635)	(621)
Amortizable intangible assets, net of accumulated amortization	$ 9	$ 23

XML

Related Party Transactions (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended					3 Months Ended	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014 Dolan Family [Member]	Jun. 30, 2014 Dolan Family [Member] Common Class A [Member]	Jun. 30, 2014 Dolan Family [Member] Common Class B [Member]	Jun. 30, 2013 Dish Network Contract Dispute [Member]	Dec. 31, 2012 Dish Network Contract Dispute [Member]	Dec. 31, 2012 Dish Network Contract Dispute [Member] Affiliated Entity [Member]
Related Party Transactions [Line Items]
Percentage of common stock owned by related party						2.00%	100.00%
Aggregate voting power held by related party					66.00%
Net revenues from related parties	$ 7,525	$ 8,127	$ 15,214	$ 16,268
Technical and operating charges from related parties	0	155	0	310
Related Party Transaction, Expenses from Transactions with Related Party	890	1,428	1,549	2,222
Proceeds from Legal Settlements									175,000	700
Gain (Loss) Related to Litigation Settlement	0	132,944	0	132,944				132,944
Deferred Litigation Settlement Proceeds									$ 307,944

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Derivative Financial Instruments (Schedule Of Gains And Losses Related To Derivative Instruments) (Details) (Cash Flow Hedging [Member], Interest Rate Swap [Member], USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ (340)		$ 348		$ (636)		$ 289
Interest Expense [Member]
Derivative [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (1,512)	[1]	$ (1,912)	[1]	$ (2,593)	[2]	$ (3,823)	[2]

[1] (a)There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the three months ended June 30, 2014 and 2013.

[2] There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the six months ended June 30, 2014 and 2013.

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Discontinued Operations Discontinued Operations (Balance Sheet) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]
Accounts receivable, trade	$ 15,085
Prepaid expenses and other current assets	1,735
Property and equipment, net of accumulated depreciation	1,808
Deferred taxes	81
Assets held for sale	18,709	0
Accounts payable	12,653
Accrued liabilities	4,676
Deferred revenue	90
Deferred tax liability, net	77
Other liabilities	136
Liabilities held for sale	$ 17,632	$ 0

XML

Business Combination

6 Months Ended

Jun. 30, 2014

Business Combinations [Abstract]

Business Combination

Acquisition of Chellomedia

On January 31, 2014, certain subsidiaries of AMC Networks purchased substantially all of Chellomedia (a combination of certain programming and content distribution subsidiaries and assets purchased from Liberty Global plc) for a purchase price of €750 million (approximately $1.0 billion), subject to adjustments for working capital, cash, and indebtedness acquired and for the purchase of certain equity method investments. AMC Networks funded the purchase price with cash on hand and also borrowed an additional of $600 million under its term loan A facility (see Note 8).

The acquisition provides AMC Networks with television channels that are distributed to more than 390 million subscribers in over 130 countries and span a wide range of programming genres, most notably movie and entertainment networks. The acquisition of Chellomedia's operating businesses include: Chello Central Europe, Chello Latin America, Chello Multicanal, Chello Zone, Chello DMC (the broadcast solutions unit), and Atmedia (the advertising sales unit). The acquisition provides the Company with the opportunity to accelerate and enhance its international expansion strategy. The Company views this international opportunity as one that has the potential to provide long-term growth and value.

We have accounted for the acquisition of Chellomedia using the acquisition method of accounting, whereby the total purchase price was allocated to the acquired identifiable net assets of Chellomedia based on assessments of their estimated respective fair values, and the excess of the purchase price over the fair values of these identifiable net assets was allocated to goodwill and represents primarily the potential economic benefits that the Company believes may arise from its international expansion strategy. The goodwill associated with the Chellomedia acquisition is generally not deductible for tax purposes.

The acquisition accounting for Chellomedia as reflected in these condensed consolidated financial statements is preliminary and based on current estimates and currently available information, and is subject to revision based on final determinations of fair value and final allocations of purchase price to the identifiable assets and liabilities acquired. The primary estimated fair values that are not yet finalized relate to the valuation of intangible assets, property and equipment, noncontrolling interests acquired and income taxes.

The following table summarizes the preliminary allocation of the purchase price to the tangible and identifiable intangible assets acquired and liabilities assumed. The excess of the purchase price over those fair values was allocated to goodwill.

Consideration Transferred (1):
Cash, net of cash acquired	$	993,210
Preliminary purchase price allocation:
Accounts receivable, trade	133,200
Program rights	93,505
Prepaid expenses and other current assets	27,634
Deferred tax asset, net	25,318
Property and equipment	42,852
Intangible assets	296,300
Assets held for sale	18,927
Other assets	28,270
Accounts payable	(21,627		)
Accrued liabilities	(45,833		)
Program rights obligations	(31,984		)
Deferred tax liability, net	(24,590		)
Liabilities held for sale	(18,130		)
Other liabilities	(13,996		)
Noncontrolling interests acquired	(30,873		)
Fair value of net assets acquired	478,973
Goodwill	514,237
	$	993,210

⁽¹⁾ The cash consideration transferred is subject to adjustments in future periods for working capital, net debt acquired and for certain equity method investments that were not acquired at the acquisition date.

The following unaudited pro forma financial information is based on the historical condensed consolidated financial statements of AMC Networks and the historical combined financial statements of Chellomedia and is intended to provide information about how the acquisition of Chellomedia and related financing may have affected AMC Networks' historical condensed consolidated financial statements if they had closed as of January 1, 2013. The unaudited pro forma information has been prepared for comparative purposes only and includes adjustments for additional interest expense associated with the terms of the Company's amended and restated credit agreement (see Note 8), estimated additional depreciation and amortization expense as a result of tangible and identifiable intangible assets acquired, and the reclassification of the operating results of the Atmedia business to discontinued operations (see Note 4). The pro forma information is not necessarily indicative of the results of operations that would have been achieved had the acquisition taken place on the date indicated or that may result in the future.

	2014		2013
	Pro Forma Financial Information for the Six Months Ended June 30,		Pro Forma Financial Information for the Three Months Ended June 30,		Pro Forma Financial Information for the Six Months Ended June 30,
Revenues, net	$	1,075,744	$	469,172	$	936,888
Income from continuing operations, net of income taxes	$	132,602	$	136,357	$	199,495
Net income per share, basic	$	1.84	$	1.91	$	2.79
Net income per share, diluted	$	1.83	$	1.88	$	2.75

Revenues and operating income attributable to Chellomedia of $167,470 and $21,858, respectively (excluding the discontinued operations of Chellomedia's advertising sales unit, Atmedia), are included in the condensed consolidated statement of income from the acquisition date, January 31, 2014 to June 30, 2014. Acquisition related costs of $14,139 (of which, $1,853 are included in the operating results of Chellomedia from the acquisition date to June 30, 2014) were incurred during the six months ended June 30, 2014 and are included in selling, general and administrative expense.

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Derivative Financial Instruments (Schedule of Other Derivatives Not Designated as Hedging Instruments) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (587)	$ 1,431	$ (3,046)	$ 1,510
Interest Rate Swap [Member] | Interest Expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	(769)	1,431	(1,024)	1,510
Foreign Exchange Option [Member] | Other Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	0	0	(1,754)	0
Foreign Exchange Forward [Member] | Other Income [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ 182	$ 0	$ (268)	$ 0

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Acquisition of Chellomedia Business Combination (Schedule of Allocation) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jan. 31, 2014 Chellomedia [Member]
Business Acquisition [Line Items]
Cash, net of cash acquired			$ 993,210	[1]
Accounts receivable, trade			133,200
Program rights			93,505
Prepaid expenses and other current assets			27,634
Deferred tax asset, net			25,318
Property and equipment			42,852
Intangible assets			296,300
Assets held for sale	18,709	0	18,927
Other assets			28,270
Accounts payable			(21,627)
Accrued liabilities			(45,833)
Program rights obligations			(31,984)
Deferred tax liability, net			(24,590)
Liabilities held for sale	(17,632)	0	(18,130)
Other liabilities			(13,996)
Noncontrolling interests acquired			(30,873)
Fair value of net assets acquired			478,973
Goodwill	601,921	76,748	514,237
Recognized Assets Acquired, Goodwill, and Liabilities Assumed, Net			$ 993,210

[1] The cash consideration transferred is subject to adjustments in future periods for working capital, net debt acquired and for certain equity method investments that were not acquired at the acquisition date.

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Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Reconciliation Between Basic And Diluted Weighted Average Shares Outstanding

The following is a reconciliation between basic and diluted weighted average shares outstanding:

	Three Months Ended June 30,		Six Months Ended June 30,
	2014	2013	2014	2013
Basic weighted average common shares outstanding	72,043,000	71,568,000	71,910,000	71,430,000
Effect of dilution:
Stock options	231,000	294,000	120,000	314,000
Restricted shares/units	528,000	781,000	313,000	869,000
Diluted weighted average common shares outstanding	72,802,000	72,643,000	72,343,000	72,613,000

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Business Combination (Tables)

6 Months Ended

Jun. 30, 2014

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price to the tangible and identifiable intangible assets acquired and liabilities assumed. The excess of the purchase price over those fair values was allocated to goodwill.

Consideration Transferred (1):
Cash, net of cash acquired	$	993,210
Preliminary purchase price allocation:
Accounts receivable, trade	133,200
Program rights	93,505
Prepaid expenses and other current assets	27,634
Deferred tax asset, net	25,318
Property and equipment	42,852
Intangible assets	296,300
Assets held for sale	18,927
Other assets	28,270
Accounts payable	(21,627		)
Accrued liabilities	(45,833		)
Program rights obligations	(31,984		)
Deferred tax liability, net	(24,590		)
Liabilities held for sale	(18,130		)
Other liabilities	(13,996		)
Noncontrolling interests acquired	(30,873		)
Fair value of net assets acquired	478,973
Goodwill	514,237
	$	993,210

⁽¹⁾ The cash consideration transferred is subject to adjustments in future periods for working capital, net debt acquired and for certain equity method investments that were not acquired at the acquisition date.

Business Acquisition, Pro Forma Information

The following unaudited pro forma financial information is based on the historical condensed consolidated financial statements of AMC Networks and the historical combined financial statements of Chellomedia and is intended to provide information about how the acquisition of Chellomedia and related financing may have affected AMC Networks' historical condensed consolidated financial statements if they had closed as of January 1, 2013. The unaudited pro forma information has been prepared for comparative purposes only and includes adjustments for additional interest expense associated with the terms of the Company's amended and restated credit agreement (see Note 8), estimated additional depreciation and amortization expense as a result of tangible and identifiable intangible assets acquired, and the reclassification of the operating results of the Atmedia business to discontinued operations (see Note 4). The pro forma information is not necessarily indicative of the results of operations that would have been achieved had the acquisition taken place on the date indicated or that may result in the future.

	2014		2013
	Pro Forma Financial Information for the Six Months Ended June 30,		Pro Forma Financial Information for the Three Months Ended June 30,		Pro Forma Financial Information for the Six Months Ended June 30,
Revenues, net	$	1,075,744	$	469,172	$	936,888
Income from continuing operations, net of income taxes	$	132,602	$	136,357	$	199,495
Net income per share, basic	$	1.84	$	1.91	$	2.79
Net income per share, diluted	$	1.83	$	1.88	$	2.75

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Debt (Summary Of Long-Term Debt) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014 Term-A Facility [Member]	Dec. 31, 2013 Term-A Facility [Member]	Jun. 30, 2014 7.75% Senior Notes [Member]	Dec. 31, 2013 7.75% Senior Notes [Member]	Jun. 30, 2011 7.75% Senior Notes [Member]	Jun. 30, 2014 4.75% Senior Notes [Member]	Dec. 31, 2013 4.75% Senior Notes [Member]	Dec. 17, 2012 4.75% Senior Notes [Member]
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 2,780,000	$ 2,180,000	$ 1,480,000	$ 880,000	$ 700,000	$ 700,000		$ 600,000	$ 600,000	$ 600,000
Debt Instrument, Unamortized Discount	(21,647)	(22,817)
Long-term Debt	2,758,353	2,157,183	1,478,486	878,315	689,065	688,497		590,802	590,371
Debt, Current	37,000	0
Long-term Debt, Excluding Current Maturities	$ 2,721,353	$ 2,157,183
Debt Instrument, Interest Rate, Stated Percentage					7.75%		7.75%	4.75%		4.75%

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Acquisition of Chellomedia Business Combination (Schedule of Proforma) (Details) (Chellomedia [Member], USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Chellomedia [Member]
Business Acquisition [Line Items]
Revenues, net	$ 469,172	$ 1,075,744	$ 936,888
Income from continuing operations, net of income taxes	$ 136,357	$ 132,602	$ 199,495
Net income per share, basic	$ 1.91	$ 1.84	$ 2.79
Net income per share, diluted	$ 1.88	$ 1.83	$ 2.75

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Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Schedule Discontinued Operations, Income Statement and Balance Sheet

Assets and liabilities of discontinued operations are summarized below:

Accounts receivable, trade	$	15,085
Prepaid expenses and other current assets	1,735
Property and equipment, net of accumulated depreciation	1,808
Deferred taxes	81
Assets held for sale	$	18,709
Accounts payable	$	12,653
Accrued liabilities	4,676
Deferred revenue	90
Deferred tax liability, net	77
Other liabilities	136
Liabilities held for sale	$	17,632

The operating results of discontinued operations from the acquisition date, January 31, 2014 to June 30, 2014 are summarized below:

	Three Months Ended June 30, 2014			Five Months Ended June 30, 2014
Revenues, net	$	11,533		$	18,171
Loss before income taxes	(806		)	(1,690		)
Income tax expense	(926		)	(792		)
Loss from discontinued operations	$	(1,732	)	$	(2,482	)

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Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule Of Goodwill

The carrying amount of goodwill, by operating segment is as follows:

	National Networks			International and Other		Total
December 31, 2013	$	76,748		$	—	$	76,748
Additions—business acquisition	—			514,237		514,237
Amortization of "second component" goodwill	(1,278		)	—		(1,278		)
Foreign currency translation	—			12,214		12,214
June 30, 2014	$	75,470		$	526,451	$	601,921

Summary Of Intangible Assets

The following tables summarize information relating to the Company’s identifiable intangible assets:

	June 30, 2014
	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Affiliate and customer relationships	$	486,229	$	(66,417	)	$	419,812
Trade names	59,934		(1,294		)	58,640
Other amortizable intangible assets	644		(635		)	9
Total amortizable intangible assets	546,807		(68,346		)	478,461
Indefinite-lived intangible assets:
Trademarks	19,900		—			19,900
Total intangible assets	$	566,707	$	(68,346	)	$	498,361
	December 31, 2013
	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Affiliate relationships	$	243,600	$	(53,971	)	$	189,629
Other amortizable intangible assets	644		(621		)	23
Total amortizable intangible assets	244,244		(54,592		)	189,652
Indefinite-lived intangible assets:
Trademarks	19,900		—			19,900
Total intangible assets	$	264,144	$	(54,592	)	$	209,552

Schedule Of Estimated Amortization Expense

Aggregate amortization expense for amortizable intangible assets for the six months ended June 30, 2014 and 2013 was $13,792 and $25,044, respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:

Years Ending December 31,
2014	$	28,835
2015	30,556
2016	30,556
2017	30,556
2018	30,556

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Description Of Business And Basis Of Presentation

6 Months Ended

Jun. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Description Of Business And Basis Of Presentation

Description of Business and Basis of Presentation

Description of Business

AMC Networks Inc. (“AMC Networks”) and collectively with its subsidiaries (the “Company”) own and operate entertainment businesses and assets.

As of March 31, 2014, following the Chellomedia acquisition on January 31, 2014 (see Note 2), the manner in which the President and Chief Executive Officer, who is the chief operating decision maker, evaluates performance and makes decisions about how to allocate resources changed, resulting in the reorganization of the Company's operating segments. The National Networks operating segment now includes the results of AMC and Sundance Channel in Canada and AMC Networks Broadcasting & Technology, the Company's network technical services business, which primarily services the nationally distributed programming networks of the Company. Previously, the results of these operations were included in the International and Other operating segment. The results of AMC Networks International (formerly Chellomedia and AMC/Sundance Channel Global) are included in the International and Other operating segment. Operating segment information for the prior period has been recast to reflect these changes.

The Company is comprised of two operating segments:

• National Networks: Principally includes four nationally distributed programming networks: AMC, WE tv, IFC and SundanceTV. These programming networks are distributed throughout the United States (“U.S.”) via cable and other multichannel video programming distribution platforms, including direct broadcast satellite (“DBS”) and platforms operated by telecommunications providers (we refer collectively to these cable and other multichannel video programming distributors as “multichannel video programming distributors” or “distributors”). AMC, IFC and SundanceTV are also distributed in Canada. The National Networks operating segment also includes AMC Networks Broadcasting & Technology.

• International and Other: Principally includes AMC Networks International (formerly Chellomedia and AMC/Sundance Channel Global), the Company’s international programming businesses; IFC Films, the Company’s independent film distribution business; AMC Networks International - DMC (formerly Chello DMC), the broadcast solutions unit of certain networks of AMC Networks International; and various developing on-line content distribution initiatives. AMC Networks International consists of a portfolio of programming networks in Europe, Latin America, the Middle East and parts of Asia and Africa.

Basis of Presentation

Principles of Consolidation

These unaudited condensed consolidated financial statements include the accounts of AMC Networks and its majority-owned subsidiaries in which a controlling interest is maintained. All intercompany transactions and balances have been eliminated in consolidation.

These unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, these unaudited condensed consolidated financial statements do not include all the information and notes required for complete annual financial statements.

These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited condensed consolidated financial statements and notes thereto for the year ended December 31, 2013 contained in the Company’s 2013 Annual Report on Form 10-K (“2013 Form 10-K”) filed with the SEC.

The condensed consolidated financial statements as of June 30, 2014 and for the three and six months ended June 30, 2014 and 2013 are unaudited; however, in the opinion of management, such condensed consolidated financial statements include all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the periods presented.

The results of operations for the interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2014.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the condensed consolidated financial statements include the valuation of acquisition-related assets and liabilities, the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets, valuation and recoverability of goodwill and long-lived intangible assets and income taxes.

Discontinued Operations

In connection with the acquisition of Chellomedia (see Note 2), management committed to a plan to dispose of the operations of Chellomedia's advertising sales unit, Atmedia. Accordingly, the assets and liabilities of Atmedia are classified as held for sale in the condensed consolidated balance sheet as of June 30, 2014 and the operating results have been classified as discontinued operations in the condensed consolidated statements of income for the three and six months ended June 30, 2014 (see Note 4).

Recently Issued Accounting Pronouncements

In April 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (ASU 2014-08). ASU 2014-08 defines a discontinued operation as a disposal of a component or group of components that is disposed of or is classified as held for sale and “represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results.” The standard states that a strategic shift could include a disposal of (i) a major geographical area of operations, (ii) a major line of business, (iii) a major equity method investment, or (iv) other major parts of an entity. Although “major” is not defined, the standard provides examples of when a disposal qualifies as a discontinued operation. An entity is required to present in the statement of cash flows or disclose in a note either (i) total operating and investing cash flows for discontinued operations, or (ii) depreciation, amortization, capital expenditures, and significant operating and investing noncash items related to discontinued operations. Additional disclosures are required when an entity retains significant continuing involvement with a discontinued operation after its disposal, including the amount of cash flows to and from a discontinued operation. ASU 2014-08 is effective in the first quarter of 2015 and early adoption is permitted. The adoption of ASU 2014-08 is not expected to have a material effect on the Company's consolidated financial statements.

In May 2014, the FASB and International Accounting Standards Board ("IASB") issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 provides new guidance related to how an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard requires an evaluation of (i) transfer of control, (ii) variable consideration, (iii) allocation of selling price for multiple elements, (iv) intellectual property licenses, (v) time value of money and (vi) contract costs. The standard also expands the required disclosures related to revenue and cash flows from contracts with customers to provide greater insight into both revenue that has been recognized, and revenue that is expected to be recognized in the future from existing contracts. ASU 2014-09 is effective in the first quarter of 2017 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative-effect adjustment as of the date of adoption, with early application not permitted. The Company is currently determining its implementation approach and assessing the impact on the consolidated financial statements.

In June 2014, the FASB and IASB issued ASU No. 2014-12, Compensation-Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. The ASU clarifies that entities should treat performance targets that can be met after the requisite service period of a share-based payment award as performance conditions that affect vesting. Therefore, an entity would not record compensation expense (measured as of the grant date without taking into account the effect of the performance target) related to an award for which transfer to the employee is contingent on the entity’s satisfaction of a performance target until it becomes probable that the performance target will be met. No new disclosures are required. ASU 2014-12 is effective in the first quarter of 2015 and early adoption is permitted. The adoption of ASU 2014-12 is not expected to have a material effect on the Company's consolidated financial statements.

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Accrued Liabilities (Tables)

6 Months Ended

Jun. 30, 2014

Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consist of the following:

	June 30, 2014		December 31, 2013
Interest	$	28,529	$	27,770
Employee related costs	70,988		88,512
Other accrued expenses	27,871		15,008
Total accrued liabilities	$	127,388	$	131,290

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Condensed Consolidating Financial Statements (Tables)

6 Months Ended

Jun. 30, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet

Condensed Consolidated Balance Sheet
June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1,984		$	193,965		$	88,043	$	—		$	283,992
Accounts receivable, trade (less allowance for doubtful accounts)	—			378,853			139,259		—			518,112
Amounts due from related parties, net	—			4,044			—		—			4,044
Current portion of program rights, net	—			336,866			61,697		—			398,563
Prepaid expenses, other current assets and intercompany receivable	22,503			52,770			12,019		(29,686		)	57,606
Deferred tax asset, net	24,491			—			5,093		—			29,584
Assets held for sale	—			—			18,709		—			18,709
Total current assets	48,978			966,498			324,820		(29,686		)	1,310,610
Property and equipment, net of accumulated depreciation	—			73,102			56,938		—			130,040
Investment in affiliates	1,722,171			963,675			—		(2,685,846		)	—
Program rights, net	—			920,485			50,971		—			971,456
Amounts due from related parties, net	—			1,935			—		—			1,935
Long-term intercompany receivable	706,190			122,208			—		(828,398		)	—
Deferred carriage fees, net	—			49,406			2,375		—			51,781
Intangible assets, net	—			204,666			293,695		—			498,361
Goodwill	—			75,470			526,451		—			601,921
Other assets	30,018			40,910			48,818		—			119,746
Total assets	$	2,507,357		$	3,418,355		$	1,304,068	$	(3,543,930	)	$	3,685,850
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY
Current Liabilities:
Accounts payable	$	55		$	68,143		$	63,734	$	—		$	131,932
Accrued liabilities and intercompany payable	32,148			103,182			21,744		(29,686		)	127,388
Current portion of program rights obligations	—			224,870			36,404		—			261,274
Deferred revenue	—			40,282			2,938		—			43,220
Current portion of long-term debt	37,000			—			—		—			37,000
Current portion of capital lease obligations	—			2,149			685		—			2,834
Liabilities held for sale	—			—			17,632		—			17,632
Total current liabilities	69,203			438,626			143,137		(29,686		)	621,280
Program rights obligations	—			488,150			2,349		—			490,499
Long-term debt	2,721,353			—			—		—			2,721,353
Capital lease obligations	—			13,162			15,876		—			29,038
Deferred tax liability, net	108,906			—			15,374		—			124,280
Long-term intercompany payable	—			706,190			122,208		(828,398		)	—
Other liabilities	31,148			50,642			13,699		—			95,489
Total liabilities	2,930,610			1,696,770			312,643		(858,084		)	4,081,939
Commitments and contingencies
Stockholders’ deficiency:
AMC Networks stockholders’ (deficiency) equity	(423,253		)	1,722,171			958,351		(2,685,846		)	(428,577		)
Total AMC Networks stockholders’ (deficiency) equity	(423,253		)	1,722,171			958,351		(2,685,846		)	(428,577		)
Noncontrolling interests	—			(586		)	33,074		—			32,488
Total Stockholders' (deficiency) equity	(423,253		)	1,721,585			991,425		(2,685,846		)	(396,089		)
Total liabilities and stockholders’ (deficiency) equity	$	2,507,357		$	3,418,355		$	1,304,068	$	(3,543,930	)	$	3,685,850

Condensed Income Statement

Condensed Consolidated Statement of Income
Three Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues, net	$	—		$	412,773		$	109,320		$	—		$	522,093
Operating expenses:
Technical and operating	—			175,522			56,522			—			232,044
Selling, general and administrative	—			114,963			26,917			10			141,890
Restructuring expense	—			—			1,153			—			1,153
Depreciation and amortization	—			8,511			9,020			—			17,531
	—			298,996			93,612			10			392,618
Operating income	—			113,777			15,708			(10		)	129,475
Other income (expense):
Interest expense, net	(19,953		)	(12,213		)	(1,439		)	—			(33,605		)
Share of affiliates income	115,703			9,663			—			(125,366		)	—
Miscellaneous, net	(4,500		)	6,461			(1,102		)	10			869
	91,250			3,911			(2,541		)	(125,356		)	(32,736		)
Income from continuing operations before income taxes	91,250			117,688			13,167			(125,366		)	96,739
Income tax expense	(32,595		)	(2,417		)	(1,547		)	—			(36,559		)
Income from continuing operations	58,655			115,271			11,620			(125,366		)	60,180
Loss from discontinued operations, net of income taxes	—			—			(1,732		)	—			(1,732		)
Net income including noncontrolling interest	58,655			115,271			9,888			(125,366		)	58,448
Net (income) loss attributable to noncontrolling interests	—			432			(225		)	—			207
Net income attributable to AMC Networks' stockholders	$	58,655		$	115,703		$	9,663		$	(125,366	)	$	58,655

Condensed Consolidated Statement of Income
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues, net	$	—		$	872,861		$	173,786		$	—		$	1,046,647
Operating expenses:
Technical and operating	—			356,972			92,243			—			449,215
Selling, general and administrative	—			241,340			45,896			10			287,246
Restructuring expense	—			—			1,153			—			1,153
Depreciation and amortization	—			16,720			15,205			—			31,925
	—			615,032			154,497			10			769,539
Operating income	—			257,829			19,289			(10		)	277,108
Other income (expense):
Interest expense, net	(42,185		)	(20,585		)	(2,266		)	—			(65,036		)
Share of affiliates income	238,876			6,070			—			(244,946		)	—
Miscellaneous, net	1,842			(334		)	(5,759		)	10			(4,241		)
	198,533			(14,849		)	(8,025		)	(244,936		)	(69,277		)
Income from continuing operations before income taxes	198,533			242,980			11,264			(244,946		)	207,831
Income tax expense	(68,511		)	(4,958		)	(2,195		)	—			(75,664		)
Income from continuing operations	130,022			238,022			9,069			(244,946		)	132,167
Loss from discontinued operations, net of income taxes	—			—			(2,482		)	—			(2,482		)
Net income including noncontrolling interest	130,022			238,022			6,587			(244,946		)	129,685
Net (income) loss attributable to noncontrolling interests	—			854			(517		)	—			337
Net income attributable to AMC Networks' stockholders	$	130,022		$	238,876		$	6,070		$	(244,946	)	$	130,022

Comprehensive Income (Loss)

Condensed Consolidated Statement of Comprehensive Income
Three Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	58,655		$	115,271	$	9,888		$	(125,366	)	$	58,448
Other comprehensive income (loss):
Foreign currency translation adjustment	9,221			9,221		(4,719		)	(9,221		)	4,502
Unrealized gain on interest rate swaps	1,171			—		—			—			1,171
Other comprehensive income (loss), before income taxes	10,392			9,221		(4,719		)	(9,221		)	5,673
Income tax expense	(432		)	—		—			—			(432		)
Other comprehensive income (loss), net of income taxes	9,960			9,221		(4,719		)	(9,221		)	5,241
Comprehensive income	68,615			124,492		5,169			(134,587		)	63,689
Comprehensive loss (income) attributable to noncontrolling interests	—			432		(225		)	—			207
Comprehensive income attributable to AMC Networks' stockholders	$	68,615		$	124,924	$	4,944		$	(134,587	)	$	63,896

Condensed Consolidated Statement of Comprehensive Income
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	130,022		$	238,022	$	6,587		$	(244,946	)	$	129,685
Other comprehensive income (loss):
Foreign currency translation adjustment	15,374			15,374		(5,322		)	(15,374		)	10,052
Unrealized gain on interest rate swaps	1,957			—		—			—			1,957
Other comprehensive income (loss), before income taxes	17,331			15,374		(5,322		)	(15,374		)	12,009
Income tax expense	(722		)	—		—			—			(722		)
Other comprehensive income (loss), net of income taxes	16,609			15,374		(5,322		)	(15,374		)	11,287
Comprehensive income	146,631			253,396		1,265			(260,320		)	140,972
Comprehensive loss (income) attributable to noncontrolling interests	—			854		(517		)	—			337
Comprehensive income attributable to AMC Networks' stockholders	$	146,631		$	254,250	$	748		$	(260,320	)	$	141,309

Condensed Cash Flow Statement

Condensed Consolidated Statement of Cash Flows
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by operating activities	153,255			141,858			37,951			(155,613		)	177,451
Cash flows from investing activities:
Capital expenditures	(1,371		)	(13,086		)	(4,298		)	—			(18,755		)
(Increase) decrease to investment in affiliates	(38,589		)	(161,166		)	28,768			170,987			—
Payment for acquisition of a business, net of cash acquired	—			(1,009,286		)	16,076			—			(993,210		)
Proceeds from insurance settlements	—			654			—			—			654
Net cash (used in) provided by investing activities	(39,960		)	(1,182,884		)	40,546			170,987			(1,011,311		)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt	600,000			—			—			—			600,000
Payments for financing costs	(9,266		)	—			—			—			(9,266		)
Purchase of treasury stock	(17,804		)	—			—			—			(17,804		)
Proceeds from stock option exercises	925			—			—			—			925
Excess tax benefits from share-based compensation arrangements	4,708			—			—			—			4,708
Principal payments on capital lease obligations	—			(865		)	(447		)	—			(1,312		)
Long-term intercompany debt	(706,190		)	706,190			—			—			—
Cash contributions from member	—			(5,100		)	5,100			—			—
Distributions from noncontrolling interests	—			—			835			—			835
Net cash (used in) provided by financing activities	(127,627		)	700,225			5,488			—			578,086
Net increase in cash and cash equivalents from continuing operations	(14,332		)	(340,801		)	83,985			15,374			(255,774		)
Cash flows from discontinued operations:
Net cash used in operating activities	—			—			(2,719		)	—			(2,719		)
Net decrease in cash and cash equivalents from discontinued operations	—			—			(2,719		)	—			(2,719		)
Effect of exchange rate changes on cash and cash equivalents	15,374			15,374			5,160			(15,374		)	20,534
Cash and cash equivalents at beginning of period	942			519,392			1,617			—			521,951
Cash and cash equivalents at end of period	$	1,984		$	193,965		$	88,043		$	—		$	283,992

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Goodwill and Other Intangible Assets (Schedule Of Estimated Amortization Expense) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
2014	$ 28,835
2015	30,556
2016	30,556
2017	30,556
2018	$ 30,556

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Segment Information (Summary Of Inter-Segment Eliminations) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Revenue, Net	$ 522,093	$ 379,322	$ 1,046,647	$ 761,283
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue, Net	(511)	(62)	(1,215)	(193)
Intersegment Eliminations [Member] | National Networks [Member]
Segment Reporting Information [Line Items]
Revenue, Net	(316)	(80)	(990)	(80)
Intersegment Eliminations [Member] | International And Other [Member]
Segment Reporting Information [Line Items]
Revenue, Net	$ (195)	$ 18	$ (225)	$ (113)

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Consolidated Balance Sheets(USD ($)) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014 Common Class A [Member]	Dec. 31, 2013 Common Class A [Member]	Jun. 30, 2014 Common Class B [Member]	Dec. 31, 2013 Common Class B [Member]
Current Assets:
Cash and cash equivalents	$ 283,992	$ 521,951
Accounts receivable, trade (less allowance for doubtful accounts)	518,112	378,831
Amounts due from related parties, net	4,044	4,774
Current portion of program rights, net	398,563	317,922
Prepaid expenses and other current assets	57,606	65,512
Deferred tax asset, net	29,584	15,668
Assets Held-for-sale, Current	18,709	0
Total current assets	1,310,610	1,304,658
Property and equipment, net	130,040	71,068
Program rights, net	971,456	853,516
Amounts due from related parties, net	1,935	2,096
Deferred carriage fees, net	51,781	44,032
Intangible assets, net	498,361	209,552
Goodwill	601,921	76,748
Other assets	119,746	75,019
Total assets	3,685,850	2,636,689
Current Liabilities:
Accounts payable	131,932	48,126
Accrued liabilities	127,388	131,290
Program rights obligations	261,274	210,190
Deferred revenue	43,220	23,429
Debt, Current	37,000	0
Current portion of capital lease obligations	2,834	1,718
Liabilities of Assets Held-for-sale	17,632	0
Total current liabilities	621,280	414,753
Program rights obligations	490,499	449,587
Long-term debt	2,721,353	2,157,183
Capital lease obligations	29,038	12,387
Deferred tax liability, net	124,280	95,275
Other liabilities	95,489	78,755
Total liabilities	4,081,939	3,207,940
Commitments and contingencies
Stockholders' deficiency:
Common stock			617	617	115	115
Preferred stock, $0.01 par value	0	0
Paid-in capital	84,168	64,731
Accumulated deficit	(472,664)	(602,686)
Treasury stock, at cost	(47,605)	(29,801)
Accumulated other comprehensive loss	6,792	(4,495)
Total stockholders’ deficiency	(428,577)	(571,519)
Stockholders' Equity Attributable to Noncontrolling Interest	32,488	268
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	(396,089)	(571,251)
Total liabilities and stockholders’ deficiency	$ 3,685,850	$ 2,636,689

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Net Income Per Share (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Antidilutive securities excluded from EPS			326,000
Performance Shares [Member]
Antidilutive securities excluded from EPS	476,000	80,000	476,000	80,000

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Consolidated Statements Of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Statement of Comprehensive Income [Abstract]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 58,448	$ 135,731	$ 129,685	$ 197,248
Other comprehensive income (loss):
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss), before Reclassification and Tax	4,502	0	10,052	0
Unrealized gain (loss) on interest rate swaps	1,171	2,260	1,957	4,112
Other Comprehensive Income (Loss), before Tax	5,673	2,260	12,009	4,112
Income tax (expense) benefit	(432)	(838)	(722)	(1,525)
Other Comprehensive Income (Loss), Net of Tax	5,241	1,422	11,287	2,587
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	63,689	137,153	140,972	199,835
Comprehensive Loss, Net of Tax, Attributable to Noncontrolling Interest	207	0	337	0
Comprehensive income	$ 63,896	$ 137,153	$ 141,309	$ 199,835

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Derivative Financial Instruments (Narrative) (Details) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended									3 Months Ended		6 Months Ended		3 Months Ended		6 Months Ended		3 Months Ended		6 Months Ended
	Jun. 30, 2014 USD ($)	Jun. 30, 2013 USD ($)	Jun. 30, 2014 USD ($)	Jun. 30, 2013 USD ($)	Dec. 31, 2013 USD ($)	Dec. 31, 2013 EUR (€)	Dec. 31, 2012 USD ($)	Jun. 30, 2014 Interest Rate Swap [Member] Not Designated as Hedging Instrument [Member] USD ($)	Dec. 31, 2013 Foreign Exchange Option [Member] USD ($)	Dec. 31, 2013 Foreign Exchange Option [Member] EUR (€)	Jun. 30, 2014 Cash Flow Hedging [Member] Interest Rate Swap [Member] Designated as Hedging Instrument [Member] USD ($)	Jun. 30, 2014 Interest Expense [Member] USD ($)	Jun. 30, 2013 Interest Expense [Member] USD ($)	Jun. 30, 2014 Interest Expense [Member] USD ($)	Jun. 30, 2013 Interest Expense [Member] USD ($)	Jun. 30, 2014 Interest Expense [Member] Interest Rate Swap [Member] USD ($)	Jun. 30, 2013 Interest Expense [Member] Interest Rate Swap [Member] USD ($)	Jun. 30, 2014 Interest Expense [Member] Interest Rate Swap [Member] USD ($)	Jun. 30, 2013 Interest Expense [Member] Interest Rate Swap [Member] USD ($)	Jun. 30, 2014 Other Income [Member] Foreign Exchange Option [Member] USD ($)	Jun. 30, 2013 Other Income [Member] Foreign Exchange Option [Member] USD ($)	Jun. 30, 2014 Other Income [Member] Foreign Exchange Option [Member] USD ($)	Jun. 30, 2013 Other Income [Member] Foreign Exchange Option [Member] USD ($)
Derivative [Line Items]
Derivative, Total Notional Amount	$ 657,875		$ 657,875					$ 200,000		€ 125,000	$ 457,875
Cash and cash equivalents	283,992	448,637	283,992	448,637	521,951	250,000	610,970
Prepaid Expense and Other Assets, Current	57,606		57,606		65,512				2,577
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net												0	0	0	0
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net												0	0	0	0
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net	$ (587)	$ 1,431	$ (3,046)	$ 1,510												$ (769)	$ 1,431	$ (1,024)	$ 1,510	$ 0	$ 0	$ (1,754)	$ 0

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Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value Of Derivative Instruments Included In Balance Sheets

The fair values of the Company’s derivative financial instruments included in the condensed consolidated balance sheets are as follows:

	Balance Sheet  Location	June 30, 2014		December 31, 2013
Derivatives designated as hedging instruments:
Liabilities:
Interest rate swap contracts	Other liabilities	$	4,751	$	7,136
Derivatives not designated as hedging instruments:
Assets:
Foreign currency option contracts	Prepaid expenses and other current assets	—		2,577
Foreign currency forward exchange contracts	Prepaid expenses and other current assets	855		—
Foreign currency derivatives	Other assets	2,232		—
Liabilities:
Interest rate swap contracts	Other liabilities	5,271		5,577
Foreign currency derivatives	Accrued liabilities	1,332		—
Foreign currency derivatives	Other liabilities	1,081		—
Total derivatives		$	15,522	$	15,290

Schedule Of Gains And Losses Related To Derivative Instruments

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments are as follows:

	Amount of Gain or (Loss) Recognized  in OCI on Derivatives  (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings  (Effective Portion)	Amount of Gain or (Loss) Reclassified  from Accumulated OCI into  Earnings (Effective Portion)(a)
	Three Months Ended June 30,						Three Months Ended June 30,
	2014			2013			2014			2013
Derivatives in cash flow hedging relationships:
Interest rate swap contracts	$	(340	)	$	348	Interest expense	$	(1,512	)	$	(1,912	)

(a) There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the three months ended June 30, 2014 and 2013.

	Amount of Gain or (Loss) Recognized  in OCI on Derivatives  (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings  (Effective Portion)	Amount of Gain or (Loss) Reclassified  from Accumulated OCI into  Earnings (Effective Portion)(a)
	Six Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Derivatives in cash flow hedging relationships:
Interest rate swap contracts	$	(636	)	$	289	Interest expense	$	(2,593	)	$	(3,823	)

(a) There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the six months ended June 30, 2014 and 2013.

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The amount of the gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows:

	Location of Gain or (Loss) Recognized in Earnings on Derivatives	Amount of Gain or (Loss) Recognized in Earnings on Derivatives					Amount of Gain or (Loss) Recognized in Earnings on Derivatives
		Three Months Ended June 30,					Six Months Ended June 30,
		2014			2013		2014			2013
Derivatives not designated as hedging relationships:
Interest rate swap contracts	Interest expense	$	(769	)	$	1,431	$	(1,024	)	$	1,510
Foreign currency option contracts	Miscellaneous, net	—			—		(1,754		)	—
Foreign currency derivatives	Miscellaneous, net	182			—		(268		)	—
Total		$	(587	)	$	1,431	$	(3,046	)	$	1,510

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Commitments (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Unrecorded Unconditional Purchase Obligation [Line Items]
Increase (decrease) in contractual obligations not reflected in the balance sheet	$ 213,758
Contractual Obligation	542,997	329,239
Program Rights [Member]
Unrecorded Unconditional Purchase Obligation [Line Items]
Unrecorded Unconditional Purchase Obligation	104,546
Transmission Obligations [Member]
Unrecorded Unconditional Purchase Obligation [Line Items]
Unrecorded Unconditional Purchase Obligation	$ 68,188

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Related Party Transactions

6 Months Ended

Jun. 30, 2014

Related Party Transactions [Abstract]

Related Party Transactions

Related Party Transactions

Members of the Dolan Family, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, including trusts for the benefit of the Dolan Family, collectively beneficially own all of the Company’s outstanding Class B Common Stock and own less than 2% of the Company’s outstanding Class A Common Stock. Such shares of the Company’s Class A Common Stock and Class B Common Stock, collectively, represent approximately 66% of the aggregate voting power of the Company’s outstanding common stock. Members of the Dolan Family are also the controlling stockholders of both Cablevision and The Madison Square Garden Company and its subsidiaries (“MSG”).

In connection with the spin off from Cablevision, the Company entered into various agreements with Cablevision, such as a distribution agreement, a tax disaffiliation agreement, a transition services agreement, an employee matters agreement and certain related party arrangements. These agreements govern certain of the Company’s relationships with Cablevision subsequent to the spin off and provide for the allocation of employee benefits, taxes and certain other liabilities and obligations attributable to periods prior to the Distribution. These agreements also include arrangements with respect to transition services and a number of on-going commercial relationships. The distribution agreement includes an agreement that the Company and Cablevision agree to provide each other with indemnities with respect to liabilities arising out of the businesses Cablevision transferred to the Company.

The Company records revenues, net from subsidiaries of Cablevision and MSG. Revenues, net from related parties amounted to $7,525 and $8,127 for the three months ended June 30, 2014 and 2013, respectively. Revenues, net from related parties amounted to $15,214 and $16,268 for the six months ended June 30, 2014 and 2013, respectively.

In addition, the Company and its related parties routinely enter into transactions with each other in the ordinary course of business. Amounts charged to the Company, included in technical and operating expenses, pursuant to transactions with its related parties amounted to $155 and $310 for the three and six months ended and June 30, 2013, respectively; there were no amounts charged for the three and six months ended June 30, 2014, respectively. Amounts charged to the Company, included in selling, general and administrative expenses, pursuant to the transition services agreement and for other transactions with its related parties amounted to $890 and $1,428 for the three months ended June 30, 2014 and 2013, respectively. Selling, general and administrative expenses with its related parties amounted to $1,549 and $2,222 for the six months ended June 30, 2014 and 2013, respectively.

As more fully described in our 2013 Form 10-K, DISH Network L.L.C. (“DISH Network”), VOOM HD Holdings LLC (“VOOM HD”) and CSC Holdings, LLC (“CSC Holdings”), a wholly owned subsidiary of Cablevision Systems Corporation, entered into a confidential settlement agreement on October 21, 2012 (the “Settlement Agreement”) to settle the litigation between VOOM HD and DISH Network. In connection with the Settlement Agreement, DISH Network entered into a long-term affiliation agreement with certain subsidiaries of the Company that provided for the carriage of AMC, IFC, SundanceTV and WE tv. In addition, DISH Network paid $700,000 to an account for the benefit of Cablevision and the Company (“Settlement Funds”), which was initially distributed equally to each of the Company and Cablevision, pending a determination of the allocation of the settlement proceeds.

In April 2013, Cablevision and the Company entered into an agreement (the “DISH Networks Proceeds Allocation Agreement”) whereby the Company paid to Cablevision $175,000 of the settlement proceeds. Additionally, during the second quarter of 2013, the Company recorded a litigation settlement gain of approximately $133,000, included in operating income within the International and Other segment, representing the deferred litigation settlement proceeds liability of approximately $307,944 recorded in the condensed consolidated balance sheet at December 31, 2012 less the $175,000 paid to Cablevision.

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Leases (Tables)

6 Months Ended

Jun. 30, 2014

Leases [Abstract]

Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]

2014	$	3,093
2015	6,187
2016	6,187
2017	6,187
2018	6,187
Thereafter	23,219
Total minimum lease payments	51,060
Less amount representing interest (at 9.3%-12%)	(19,188		)
Present value of net minimum future capital lease payments	31,872
Less principal portion of current installments	(2,834		)
Long-term portion of obligations under capital leases	$	29,038

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Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Income (Loss)

The following table details the components of accumulated other comprehensive income (loss):

	Six Months Ended June 30, 2014								Six Months Ended June 30, 2013
	Currency Translation Adjustment		Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income (Loss)			Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income (Loss)
Beginning Balance	$	—	$	(4,495	)	$	(4,495	)	$	(8,446	)	$	(8,446	)
Other comprehensive loss before reclassifications	10,052		(636		)	9,416			289			289
Amounts reclassified from accumulated other comprehensive loss	—		2,593			2,593			3,823			3,823
Net current-period other comprehensive income, before income taxes	10,052		1,957			12,009			4,112			4,112
Income tax expense	—		(722		)	(722		)	(1,525		)	(1,525		)
Net current-period other comprehensive income, net of income taxes	10,052		1,235			11,287			2,587			2,587
Ending Balance	$	10,052	$	(3,260	)	$	6,792		$	(5,859	)	$	(5,859	)

Amounts reclassified to net earnings for gains and losses on cash flow hedges are included in interest expense in the condensed consolidated statements of income.

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Cash Flows (Summary Of Non-Cash Activities And Other Supplemental Data) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Noncash Investing and Financing Items [Abstract]
Increase in capital lease obligations and related assets	$ 19,036	$ 865
Capital expenditures incurred but not yet paid	656	945
Cash interest paid — continuing operations	61,300	56,320
Income taxes paid, net — continuing operations	$ 32,187	$ 111,889

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Consolidated Statements of Cash Flows In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014 USD ($)	Jun. 30, 2013 USD ($)
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 129,685	$ 197,248
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	2,482	0
Net (Income) Loss Attributable to Noncontrolling Interest	337	0
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:
Depreciation and amortization	31,925	36,653
Share-based compensation expense related to equity classified awards	13,839	9,941
Amortization and write-off of program rights	291,467	202,076
Amortization of Other Deferred Charges	5,501	5,158
Foreign Currency Transaction Gain (Loss), Unrealized	(1,338)	17
Unrealized (gain) loss on derivative contracts, net	(1,038)	(2,796)
Amortization and write-off of deferred financing costs and discounts on indebtedness	4,205	3,665
Provision for (recovery of) doubtful accounts	1,095	(32)
Deferred income taxes	5,300	138,479
Excess tax benefits from share-based compensation arrangements	(4,708)	(2,893)
Other, net	(339)	(657)
Changes in assets and liabilities:
Accounts receivable, trade	(4,326)	(15,295)
Amounts due from/to related parties, net	891	2,519
Prepaid expenses and other assets	35,989	(20,616)
Program rights and obligations, net	(336,284)	(241,658)
Income taxes payable	11,992	(113,025)
Deferred revenue and deferred litigation settlement proceeds	19,867	(318,806)
Deferred carriage fees and deferred carriage fees payable, net	(13,110)	(406)
Accounts payable, accrued expenses and other liabilities	(15,981)	(20,094)
Net cash provided by (used in) operating activities	177,451	(140,522)
Cash flows from investing activities:
Capital expenditures	(18,755)	(13,670)
Payment for acquisition of a business	(993,210)	0
Proceeds from insurance settlements	654	657
Net cash (used in) provided by investing activities	(1,011,311)	(13,013)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt	600,000	0
Payments for financing costs	(9,266)	(532)
Purchase of treasury stock	(17,804)	(11,950)
Proceeds from stock option exercises	925	1,551
Excess tax benefits from share-based compensation arrangements	4,708	2,893
Principal payments on capital lease obligations	(1,312)	(760)
Proceeds from (Payments to) Noncontrolling Interests	835	0
Net cash provided by (used in) financing activities	578,086	(8,798)
Net increase in cash and cash equivalents from continuing operations	(255,774)	(162,333)
Cash Provided by (Used in) Operating Activities, Discontinued Operations	(2,719)	0
Net Cash Provided by (Used in) Discontinued Operations	(2,719)	0
Effect of Exchange Rate on Cash and Cash Equivalents	20,534	0
Cash and cash equivalents at beginning of period	521,951	610,970
Cash and cash equivalents at end of period	$ 283,992	$ 448,637

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Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Accounts receivable, trade, allowance for doubtful accounts	$ 1,799	$ 931
Property and equipment, accumulated depreciation	$ 179,433	$ 164,865
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	45,000,000	45,000,000
Preferred stock, shares issued	0	0
Treasury stock, shares	1,135,939	898,447
Common Class A [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	360,000,000	360,000,000
Common stock shares issued	61,735,126	61,692,561
Common stock, shares outstanding	60,599,187	60,794,114
Common Class B [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	90,000,000	90,000,000
Common stock shares issued	11,484,408	11,484,408
Common stock, shares outstanding	11,484,408	11,484,408

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Derivative Financial Instruments

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Derivative Financial Instruments

Interest Rate Risk

To manage interest rate risk, the Company enters into interest rate swap contracts to adjust the amount of total debt that is subject to variable interest rates. Such contracts effectively fix the borrowing rates on floating rate debt to limit the exposure against the risk of rising interest rates. The Company does not enter into interest rate swap contracts for speculative or trading purposes and it has only entered into interest rate swap contracts with financial institutions that it believes are creditworthy counterparties. The Company monitors the financial institutions that are counterparties to its interest rate swap contracts and to the extent possible diversifies its swap contracts among various counterparties to mitigate exposure to any single financial institution.

The Company’s risk management objective and strategy with respect to interest rate swap contracts is to protect the Company against adverse fluctuations in interest rates by reducing its exposure to variability in cash flows relating to interest payments on a portion of its outstanding debt. The Company is meeting its objective by hedging the risk of changes in its cash flows (interest payments) attributable to changes in the LIBOR index rate, the designated benchmark interest rate being hedged (the “hedged risk”), on an amount of the Company’s debt principal equal to the then-outstanding swap notional. The forecasted interest payments are deemed to be probable of occurring.

The Company assesses, both at the hedge’s inception and on an ongoing basis, hedge effectiveness based on the overall changes in the fair value of the interest rate swap contracts. Hedge effectiveness of the interest rate swap contracts is based on a hypothetical derivative methodology. Any ineffective portion of the interest rate swap contracts is recorded in current-period earnings. Changes in fair value of interest rate swap contracts not designated as hedging instruments are recognized in earnings and included in interest expense.

As of June 30, 2014, the Company had interest rate swap contracts outstanding with notional amounts aggregating $657,875, which consists of interest rate swap contracts with notional amounts of $457,875 that are designated as cash flow hedges and interest rate swap contracts with notional amounts of $200,000 that are not designated as hedging instruments. The Company’s outstanding interest rate swap contracts have varying maturities ranging from September 2015 to July 2017. At June 30, 2014, the Company’s interest rate swap contracts designated as cash flow hedges were highly effective, in all material respects.

Foreign Currency Exchange Rate Risk

To manage foreign currency exchange rate risk, the Company enters into foreign currency contracts from time to time with financial institutions to limit the exposure to fluctuations in foreign currency exchange rates. The Company does not enter into foreign currency contracts for speculative or trading purposes.

Historically, the Company's exposure to foreign currency fluctuations has been limited to certain trade receivables from the distribution of our programming in certain territories outside of the U.S. that are denominated in a foreign currency. During 2013, in order to mitigate the foreign currency exchange rate risk in fluctuations in the euro denominated purchase price of Chellomedia, the Company purchased euros and entered into foreign currency option contracts. At December 31, 2013, cash and cash equivalents included €250,000 and prepaid expense and other current assets included $2,577 representing the fair value of foreign currency option contracts with notional amounts aggregating €125,000. Prior to their expiration, and in connection with the purchase of Chellomedia on January 31, 2014, the Company settled these foreign currency option contracts with the counterparties resulting in a realized loss of $1,754 included in miscellaneous, net in the condensed consolidated statement of income for the six months ended June 30, 2014.

In connection with the acquisition of Chellomedia, the Company acquired certain contracts that are settled in currencies other than the functional or local currencies of the contracting parties.  Accordingly, these contracts consist of the underlying operational contract and an embedded foreign currency derivative element.  Hedge accounting is not applied to the embedded foreign currency derivative element and changes in their fair values are included in miscellaneous, net in the condensed consolidated statement of income.

The fair values of the Company’s derivative financial instruments included in the condensed consolidated balance sheets are as follows:

	Balance Sheet  Location	June 30, 2014		December 31, 2013
Derivatives designated as hedging instruments:
Liabilities:
Interest rate swap contracts	Other liabilities	$	4,751	$	7,136
Derivatives not designated as hedging instruments:
Assets:
Foreign currency option contracts	Prepaid expenses and other current assets	—		2,577
Foreign currency forward exchange contracts	Prepaid expenses and other current assets	855		—
Foreign currency derivatives	Other assets	2,232		—
Liabilities:
Interest rate swap contracts	Other liabilities	5,271		5,577
Foreign currency derivatives	Accrued liabilities	1,332		—
Foreign currency derivatives	Other liabilities	1,081		—
Total derivatives		$	15,522	$	15,290

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments are as follows:

	Amount of Gain or (Loss) Recognized  in OCI on Derivatives  (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings  (Effective Portion)	Amount of Gain or (Loss) Reclassified  from Accumulated OCI into  Earnings (Effective Portion)(a)
	Three Months Ended June 30,						Three Months Ended June 30,
	2014			2013			2014			2013
Derivatives in cash flow hedging relationships:
Interest rate swap contracts	$	(340	)	$	348	Interest expense	$	(1,512	)	$	(1,912	)

(a) There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the three months ended June 30, 2014 and 2013.

	Amount of Gain or (Loss) Recognized  in OCI on Derivatives  (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated OCI into Earnings  (Effective Portion)	Amount of Gain or (Loss) Reclassified  from Accumulated OCI into  Earnings (Effective Portion)(a)
	Six Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Derivatives in cash flow hedging relationships:
Interest rate swap contracts	$	(636	)	$	289	Interest expense	$	(2,593	)	$	(3,823	)

(a) There were no gains or losses recognized in earnings related to any ineffective portion of the hedging relationship or related to any amount excluded from the assessment of hedge effectiveness for the six months ended June 30, 2014 and 2013.

The amount of the gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows:

	Location of Gain or (Loss) Recognized in Earnings on Derivatives	Amount of Gain or (Loss) Recognized in Earnings on Derivatives					Amount of Gain or (Loss) Recognized in Earnings on Derivatives
		Three Months Ended June 30,					Six Months Ended June 30,
		2014			2013		2014			2013
Derivatives not designated as hedging relationships:
Interest rate swap contracts	Interest expense	$	(769	)	$	1,431	$	(1,024	)	$	1,510
Foreign currency option contracts	Miscellaneous, net	—			—		(1,754		)	—
Foreign currency derivatives	Miscellaneous, net	182			—		(268		)	—
Total		$	(587	)	$	1,431	$	(3,046	)	$	1,510

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Document And Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 01, 2014 Common Class A [Member]	Aug. 01, 2014 Common Class B [Member]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2014
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2014
Entity Registrant Name	AMC Networks Inc.
Entity Central Index Key	0001514991
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		60,599,687	11,484,408

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Leases

6 Months Ended

Jun. 30, 2014

Leases [Abstract]

Leases of Lessee Disclosure [Text Block]

Leases

Capital Leases

Future minimum capital lease payments as of June 30, 2014 are as follows:

2014	$	3,093
2015	6,187
2016	6,187
2017	6,187
2018	6,187
Thereafter	23,219
Total minimum lease payments	51,060
Less amount representing interest (at 9.3%-12%)	(19,188		)
Present value of net minimum future capital lease payments	31,872
Less principal portion of current installments	(2,834		)
Long-term portion of obligations under capital leases	$	29,038

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Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Statement [Abstract]
Revenue, Net	$ 522,093	$ 379,322	$ 1,046,647	$ 761,283
Operating expenses
Cost of Revenue	232,044	137,656	449,215	274,335
Selling, general and administrative (including charges (credits) from related parties of $2,721, $(206) and $57,004, respectively)	141,890	108,978	287,246	208,431
Restructuring Charges	1,153	0	1,153	0
Depreciation and amortization	17,531	18,308	31,925	36,653
Gain (Loss) Related to Litigation Settlement	0	(132,944)	0	(132,944)
Total Operating Expenses	392,618	131,998	769,539	386,475
Operating Income	129,475	247,324	277,108	374,808
Other income (expense)
Interest expense	(33,923)	(27,768)	(65,695)	(57,137)
Interest income	318	169	659	422
Miscellaneous, net	869	(144)	(4,241)	(346)
Total nonoperating income (expense)	(32,736)	(27,743)	(69,277)	(57,061)
Income from continuing operations before income taxes	96,739	219,581	207,831	317,747
Income tax expense	(36,559)	(83,850)	(75,664)	(120,499)
Income from continuing operations	60,180	135,731	132,167	197,248
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	(1,732)	0	(2,482)	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	58,448	135,731	129,685	197,248
Net (Income) Loss Attributable to Noncontrolling Interest	207	0	337	0
Net Income (Loss) Attributable to Parent	$ 58,655	$ 135,731	$ 130,022	$ 197,248
Basic net income (loss) per share
Income From Continuing Operations	$ 0.84	$ 1.90	$ 1.84	$ 2.76
Income from discontinued operations	$ (0.02)	$ 0.00	$ (0.03)	$ 0.00
Net Income	$ 0.81	$ 1.90	$ 1.81	$ 2.76
Diluted net income (loss) per share
Income From Continuing Operations	$ 0.83	$ 1.87	$ 1.83	$ 2.72
Income from discontinued operations	$ (0.02)	$ 0.00	$ (0.03)	$ 0.00
Net Income	$ 0.81	$ 1.87	$ 1.80	$ 2.72
Weighted average common shares
Basic Weighted Average Common Shares	72,043	71,568	71,910	71,430
Diluted Weighted Average Common Shares	72,802	72,643	72,343	72,613

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Property, Plant and Equipment

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Property and Equipment

During the six months ended June 30 2014, AMC Networks International entered into leases relating to satellite equipment which were recorded as capital leases. At June 30, 2014, the gross amount of satellite equipment is$34,162 and the related accumulated amortization recorded under capital leases is $9,865.

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Discontinued Operations

6 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

In connection with the acquisition of Chellomedia (see Note 2), management committed to a plan to dispose of the operations of Chellomedia's advertising sales unit, Atmedia. Accordingly, the assets and liabilities of Atmedia are classified as held for sale in the condensed consolidated balance sheet as of June 30, 2014 and the operating results have been classified as discontinued operations in the condensed consolidated statement of income from the acquisition date, January 31, 2014 to June 30, 2014.

Assets and liabilities of discontinued operations are summarized below:

Accounts receivable, trade	$	15,085
Prepaid expenses and other current assets	1,735
Property and equipment, net of accumulated depreciation	1,808
Deferred taxes	81
Assets held for sale	$	18,709
Accounts payable	$	12,653
Accrued liabilities	4,676
Deferred revenue	90
Deferred tax liability, net	77
Other liabilities	136
Liabilities held for sale	$	17,632

The operating results of discontinued operations from the acquisition date, January 31, 2014 to June 30, 2014 are summarized below:

	Three Months Ended June 30, 2014			Five Months Ended June 30, 2014
Revenues, net	$	11,533		$	18,171
Loss before income taxes	(806		)	(1,690		)
Income tax expense	(926		)	(792		)
Loss from discontinued operations	$	(1,732	)	$	(2,482	)

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Cash Flows

6 Months Ended

Jun. 30, 2014

Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]

Cash Flows

Cash Flows

The Company’s non-cash investing and financing activities and other supplemental data are as follows:

	Six Months Ended June 30,
	2014	2013
Non-Cash Investing and Financing Activities:
Continuing Operations:
Increase in capital lease obligations and related assets	19,036	865
Capital expenditures incurred but not yet paid	656	945
Supplemental Data:
Cash interest paid — continuing operations	61,300	56,320
Income taxes paid, net — continuing operations	32,187	111,889

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Income Taxes

6 Months Ended

Jun. 30, 2014

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

For the three and six months ended June 30, 2014, income tax expense attributable to continuing operations was $36,559 and $75,664, respectively, representing an effective tax rate of 38% and 36%, respectively. The effective tax rate differs from the federal statutory rate of 35% due to state and local income tax expense of $1,914 and $3,803, tax benefit from foreign subsidiary earnings indefinitely reinvested outside of the U.S. of $3,303 and $7,190, tax expense of $3,090 and $6,424 relating to uncertain tax positions (including accrued interest), tax benefit from the domestic production activities deduction of $2,647 and $5,424, tax expense of $2,512 and $3,159 resulting from an increase in the valuation allowances for foreign and local taxes partially offset by a decrease in the valuation allowance for foreign tax credits and tax expense of $1,134 and $2,151 for the effect of acquisition costs and other items for the three and six months ended June 30, 2014.

For the three and six months ended June 30, 2013, income tax expense attributable to continuing operations was $83,850 and $120,499, respectively, representing an effective tax rate of 38% for both periods. The effective tax rate differs from the federal statutory rate of 35% due primarily to state and local income tax expense of $4,687 and $6,709, for the three and six months ended June 30, 2013, tax expense of $2,334 resulting from an increase in the valuation allowance with regard to foreign tax credit carry forwards for both the three and six months ended June 30, 2013, partially offset by a tax benefit of $1,027 related to uncertain tax positions, including accrued interest, for the three months ended June 30, 2013.

At June 30, 2014, the Company had foreign tax credit carry forwards of approximately $30,000, expiring on various dates from 2014 through 2024. For the six months ended June 30, 2014, excess tax benefits of $4,708 relating to share-based compensation awards and $807 relating to amortization of tax deductible second component goodwill were realized as a reduction in tax liability (as determined on a 'with-and-without' approach).

The City of New York is currently auditing the Company's Unincorporated Business Tax Return for 2008 through 2011. The Internal Revenue Service is currently auditing the Company's U.S. Corporation Income Tax Return for 2011. Under the Company's Tax Disaffiliation Agreement with Cablevision Systems Corporation ("Cablevision"), Cablevision is liable for all income taxes of the Company for periods prior to the Distribution except for New York City Unincorporated Business Tax.

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Debt

6 Months Ended

Jun. 30, 2014

Debt Disclosure [Abstract]

Debt

Debt

Debt consists of:

	June 30, 2014			December 31, 2013
Senior Secured Credit Facility: (a)
Term loan A facility	$	1,480,000		$	880,000
Senior Notes
7.75% Notes due July 2021	700,000			700,000
4.75% Notes due December 2022	600,000			600,000
Total long-term debt	2,780,000			2,180,000
Unamortized discount	(21,647		)	(22,817		)
Long-term debt, net	2,758,353			2,157,183
Current portion of long-term debt	37,000			—
Noncurrent portion of long-term debt	$	2,721,353		$	2,157,183

(a) The Company’s $500,000 revolving credit facility remains undrawn at June 30, 2014. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.

Amended and Restated Senior Secured Credit Facility

On December 16, 2013 (the “Refinancing Date”), AMC Networks and its subsidiary, AMC Network Entertainment LLC (the “Borrowers”), and certain of AMC Networks’ subsidiaries, as restricted subsidiaries, entered into an amended and restated credit agreement, which amended and restated AMC Networks’ prior credit agreement dated June 30, 2011 in its entirety.

The amended and restated credit agreement provides the Borrowers with senior secured credit facilities consisting of (a) an initial $880,000 term loan A that was used by AMC Networks to retire the then outstanding term loan A facility provided under the June 30, 2011 original credit agreement, plus a subsequent $600,000 term loan A (collectively, the “Term Loan A Facility”) which was drawn on January 31, 2014 upon the satisfaction of certain conditions related to consummation of AMC Networks’ acquisition of substantially all of Chellomedia (see Note 2), and (b) a $500,000 revolving credit facility (together with the Term Loan A Facility, collectively, the “Credit Facility”). The Term Loan A Facility matures on December 16, 2019. The revolving credit facility matures on December 16, 2018.

In connection with the subsequent $600,000 term loan A facility, AMC Networks incurred deferred financing costs of $9,266in 2014, which is amortized to interest expense, utilizing the effective interest method.

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Derivative Financial Instruments (Fair Value Of Derivative Instruments Included In Balance Sheets) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 15,522	$ 15,290
Foreign Currency Contracts, Liability, Fair Value Disclosure	2,413
Foreign Exchange Option [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure		2,577
Foreign Exchange Forward [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	3,087
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member] | Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	4,751	7,136
Not Designated as Hedging Instrument [Member] | Interest Rate Swap [Member] | Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	5,271	5,577
Not Designated as Hedging Instrument [Member] | Foreign Exchange Option [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	0	2,577
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contracts, Liability, Fair Value Disclosure	1,081	0
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Other Assets [Member]
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	2,232	0
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Prepaid Expenses and Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure	855	0
Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contracts, Liability, Fair Value Disclosure	$ 1,332	$ 0

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Goodwill And Other Intangible Assets

6 Months Ended

Jun. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets

Goodwill and Other Intangible Assets

The carrying amount of goodwill, by operating segment is as follows:

	National Networks			International and Other		Total
December 31, 2013	$	76,748		$	—	$	76,748
Additions—business acquisition	—			514,237		514,237
Amortization of "second component" goodwill	(1,278		)	—		(1,278		)
Foreign currency translation	—			12,214		12,214
June 30, 2014	$	75,470		$	526,451	$	601,921

The increase in the carrying amount of goodwill for the International and Other operating segment relates to the acquisition of Chellomedia (see Note 2).

The reduction of $1,278 in the carrying amount of goodwill for the National Networks is due to the realization of a tax benefit for the amortization of "second component" goodwill at SundanceTV. Second component goodwill is the amount of tax deductible goodwill in excess of goodwill for financial reporting purposes. In accordance with the authoritative guidance at the time of the SundanceTV acquisition, the tax benefits associated with this excess are applied to first reduce the amount of goodwill, and then other intangible assets for financial reporting purposes, if and when such tax benefits are realized in the Company's tax returns.

The following tables summarize information relating to the Company’s identifiable intangible assets:

	June 30, 2014
	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Affiliate and customer relationships	$	486,229	$	(66,417	)	$	419,812
Trade names	59,934		(1,294		)	58,640
Other amortizable intangible assets	644		(635		)	9
Total amortizable intangible assets	546,807		(68,346		)	478,461
Indefinite-lived intangible assets:
Trademarks	19,900		—			19,900
Total intangible assets	$	566,707	$	(68,346	)	$	498,361
	December 31, 2013
	Gross		Accumulated Amortization			Net
Amortizable intangible assets:
Affiliate relationships	$	243,600	$	(53,971	)	$	189,629
Other amortizable intangible assets	644		(621		)	23
Total amortizable intangible assets	244,244		(54,592		)	189,652
Indefinite-lived intangible assets:
Trademarks	19,900		—			19,900
Total intangible assets	$	264,144	$	(54,592	)	$	209,552

Affiliate and customer relationships (with estimated useful lives between 12-25 years), trade names (with estimated useful lives of 20 years) and goodwill increased as a result of the acquisition of Chellomedia and are based on current estimates and currently available information, and are subject to revision based on final determinations of fair value (see Note 2).

Aggregate amortization expense for amortizable intangible assets for the six months ended June 30, 2014 and 2013 was $13,792 and $25,044, respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:

Years Ending December 31,
2014	$	28,835
2015	30,556
2016	30,556
2017	30,556
2018	30,556

Annual Impairment Test of Goodwill

Based on the Company’s annual impairment test for goodwill as of the end of February 2014, no impairment charge was required for any of the reporting units. The Company performed a qualitative assessment for each reporting unit. The qualitative assessment included, but was not limited to, consideration of the historical significant excesses of the estimated fair value of each reporting unit over its respective carrying value (including allocated goodwill), macroeconomic conditions, industry and market considerations, cost factors and historical and projected cash flows.

In assessing the recoverability of goodwill, the Company must make assumptions regarding estimated future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized and also the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Estimates of fair value for goodwill impairment testing are primarily determined using discounted cash flows and comparable market transactions methods. These valuation methods are based on estimates and assumptions including projected future cash flows, discount rate and determination of appropriate market comparables and determination of whether a premium or discount should be applied to comparables. Projected future cash flows also include assumptions for renewals of affiliation agreements, the projected number of subscribers and the projected average rates per basic and viewing subscribers and growth in fixed price contractual arrangements used to determine affiliation fee revenue, access to program rights and the cost of such program rights, amount of programming time that is advertiser supported, number of advertising spots available and the sell through rates for those spots, average fee per advertising spot and operating margins, among other assumptions. If these estimates or material related assumptions change in the future, we may be required to record impairment charges related to goodwill.

Annual Impairment Test of Identifiable Indefinite-Lived Intangible Assets

Based on the Company's annual impairment test for identifiable indefinite-lived intangible assets as of the end of February 2014, no impairment charge was required. The Company’s indefinite-lived intangible assets relate to SundanceTV trademarks, which were valued using a relief-from-royalty method in which the expected benefits are valued by discounting estimated royalty revenue over projected revenues covered by the trademarks. In order to evaluate the sensitivity of the fair value calculations for the Company’s identifiable indefinite-lived intangible assets, the Company applied a hypothetical 20% decrease to the estimated fair value of the identifiable indefinite-lived intangible assets. This hypothetical decrease in estimated fair value would not result in an impairment.

Significant judgments inherent in estimating the fair value of indefinite-lived intangible assets include the selection of appropriate discount and royalty rates, estimating the amount and timing of estimated future cash flows and identification of appropriate continuing growth rate assumptions. The discount rates used in the analysis are intended to reflect the risk inherent in the projected future cash flows generated by the respective intangible assets.

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Accrued Liabilities

6 Months Ended

Jun. 30, 2014

Accrued Liabilities, Current [Abstract]

Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]

Accrued Liabilities

Accrued liabilities consist of the following:

	June 30, 2014		December 31, 2013
Interest	$	28,529	$	27,770
Employee related costs	70,988		88,512
Other accrued expenses	27,871		15,008
Total accrued liabilities	$	127,388	$	131,290

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Fair Value Measurement

6 Months Ended

Jun. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value Measurement

Fair Value Measurement

The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels:

• Level I - Quoted prices for identical instruments in active markets.

• Level II - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

• Level III - Instruments whose significant value drivers are unobservable.

The following table presents for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis:

	Level I		Level II		Level III		Total
At June 30, 2014:
Assets:
Cash equivalents (a)	$	13,032	$	—	$	—	$	13,032
Foreign currency forward exchange contracts	$	—	$	3,087	$	—	$	3,087
Liabilities:
Interest rate swap contracts	$	—	$	10,022	$	—	$	10,022
Foreign currency forward exchange contracts	$	—	$	2,413	$	—	$	2,413
At December 31, 2013:
Assets:
Cash equivalents (a)	$	63,029	$	—	$	—	$	63,029
Foreign currency option contracts	$	—	$	2,577	$	—	$	2,577
Liabilities:
Interest rate swap contracts	$	—	$	12,713	$	—	$	12,713

(a) Represents the Company’s investment in funds that invest primarily in money market securities.

The Company’s cash equivalents represents investment in funds that invest primarily in money market securities and are classified within Level I of the fair value hierarchy because they are valued using quoted market prices.

The Company’s interest rate swap contracts and foreign currency contracts (see Note 10 below) are classified within Level II of the fair value hierarchy and their fair values are determined based on a market approach valuation technique that uses readily observable market parameters and the consideration of counterparty risk.

Fair value measurements are also used in nonrecurring valuations performed in connection with acquisition accounting. These nonrecurring valuations primarily include the valuation of affiliate and customer relationships intangible assets and property and equipment. With the exception of certain inputs for our weighted average cost of capital and discount rate calculations that are derived from pricing services, the inputs used in the Company’s discounted cash flow analyses, such as forecasts of future cash flows, are based on assumptions. The valuation of affiliate and customer relationships is primarily based on an excess earnings methodology, which is a form of a discounted cash flow analysis. The excess earnings methodology requires us to estimate the specific cash flows expected from the affiliate and customer relationships, considering such factors as estimated life of the relationships and the revenue expected to be generated over the life of such relationships. Tangible assets are typically valued using a replacement or reproduction cost approach, considering factors such as current prices of the same or similar equipment, the age of the equipment and economic obsolescence. All of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level III of the fair value hierarchy.

Credit Facility Debt and Senior Notes

The fair values of each of the Company’s debt instruments are based on quoted market prices for the same or similar issues or on the current rates offered to the Company for instruments of the same remaining maturities.

The carrying values and estimated fair values of the Company’s financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows:

	June 30, 2014
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	1,478,486	$	1,483,700
7.75% Notes due July 2021	689,065		782,250
4.75% Notes due December 2022	590,802		600,000
	$	2,758,353	$	2,865,950
	December 31, 2013
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	878,315	$	876,700
7.75% Notes due July 2021	688,497		787,500
4.75% Notes due December 2022	590,371		571,500
	$	2,157,183	$	2,235,700

Fair value estimates related to the Company’s debt instruments presented above are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

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Income Taxes (Narrative) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Income tax expense	$ 36,559	$ 83,850	$ 75,664	$ 120,499
Effective tax rate	38.00%	38.00%	36.00%	38.00%
Federal statutory rate			35.00%	35.00%
State income tax expense	1,914	4,687	3,803	6,709
Undistributed Earnings of Foreign Subsidiaries	3,303		7,190
Effective Income Tax Rate Reconciliation, Deduction, Qualified Production Activity, Amount	2,647		5,424
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense	3,090	(1,027)	6,424
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	1,134	2,334	2,151	2,334
Deferred Tax Assets, Tax Credit Carryforwards	2,512		3,159
Deferred Tax Assets, Tax Credit Carryforwards, Foreign	30,000		30,000
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation			4,708
Second component of tax deductible goodwill, net of tax	$ 807		$ 807

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Equity Plans (Narrative) (Details) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares vested in period			566,328
Shares surrendered to the Company for tax withholding			230,989
Adjustments related to tax withholding for share-based compensation			$ 17,804
Forfeited unvested restricted shares			6,503
Share-based compensation expense	8,760	5,604	13,839	9,941
Total unrecognized share-based compensation costs	$ 72,605		$ 72,605
Total unrecognized share-based compensation costs, remaining period of recognition (in years)			3 years 7 months
Employee Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted in period			472,445
Employee Stock Plan [Member] | Performance Vesting Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted in period			121,944
Non-Employee Director Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted in period			23,634
Vest in equal annual installments over a three year period [Member] | Employee Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted in period			68,505
Vest on the third anniversary of the grant date [Member] | Employee Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted in period			403,940
Vest on December 31, 2020 [Member] | Employee Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted in period			353,757

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Leases (Details) (USD $) In Thousands, unless otherwise specified			6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014 Minimum [Member]	Jun. 30, 2014 Maximum [Member]
Capital Leased Assets [Line Items]
Capital Lease Obligations, Effective Interest Rate			9.30%	12.00%
Capital Leases, Future Minimum Payments Due, Next Twelve Months	$ 3,093
Capital Leases, Future Minimum Payments Due in Two Years	6,187
Capital Leases, Future Minimum Payments Due in Three Years	6,187
Capital Leases, Future Minimum Payments Due in Four Years	6,187
Capital Leases, Future Minimum Payments Due in Five Years	6,187
Capital Leases, Future Minimum Payments Due Thereafter	23,219
Capital Leases, Future Minimum Payments Due	51,060
Capital Leases, Future Minimum Payments, Interest Included in Payments	(19,188)
Capital Leases, Future Minimum Payments, Present Value of Net Minimum Payments	31,872
Capital Lease Obligations, Current	(2,834)	(1,718)
Capital Lease Obligations, Noncurrent	$ 29,038	$ 12,387

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Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2014

Fair Value Disclosures [Abstract]

Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis

The following table presents for each of these hierarchy levels, the Company’s financial assets and liabilities that are measured at fair value on a recurring basis:

	Level I		Level II		Level III		Total
At June 30, 2014:
Assets:
Cash equivalents (a)	$	13,032	$	—	$	—	$	13,032
Foreign currency forward exchange contracts	$	—	$	3,087	$	—	$	3,087
Liabilities:
Interest rate swap contracts	$	—	$	10,022	$	—	$	10,022
Foreign currency forward exchange contracts	$	—	$	2,413	$	—	$	2,413
At December 31, 2013:
Assets:
Cash equivalents (a)	$	63,029	$	—	$	—	$	63,029
Foreign currency option contracts	$	—	$	2,577	$	—	$	2,577
Liabilities:
Interest rate swap contracts	$	—	$	12,713	$	—	$	12,713

Carrying Values And Fair Values Of The Company's Financial Instruments

The carrying values and estimated fair values of the Company’s financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows:

	June 30, 2014
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	1,478,486	$	1,483,700
7.75% Notes due July 2021	689,065		782,250
4.75% Notes due December 2022	590,802		600,000
	$	2,758,353	$	2,865,950
	December 31, 2013
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	878,315	$	876,700
7.75% Notes due July 2021	688,497		787,500
4.75% Notes due December 2022	590,371		571,500
	$	2,157,183	$	2,235,700

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Goodwill and Other Intangible Assets (Schedule Of Goodwill) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Goodwill [Line Items]
Goodwill	$ 601,921	$ 76,748
Goodwill, Acquired During Period	514,237
Goodwill, Subsequent Recognition of Deferred Tax Asset	(1,278)
Goodwill, Translation Adjustments	12,214
National Networks [Member]
Goodwill [Line Items]
Goodwill	75,470	76,748
Goodwill, Acquired During Period	0
Goodwill, Subsequent Recognition of Deferred Tax Asset	(1,278)
Goodwill, Translation Adjustments	0
International And Other [Member]
Goodwill [Line Items]
Goodwill	526,451	0
Goodwill, Acquired During Period	514,237
Goodwill, Subsequent Recognition of Deferred Tax Asset	0
Goodwill, Translation Adjustments	$ 12,214

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Equity Plans

6 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Equity And Long-Term Incentive Plans

Equity Plans

On March 7, 2014, AMC Networks granted 472,445 restricted stock units to certain executive officers and employees under the AMC Networks Inc. Amended and Restated 2011 Employee Stock Plan. 403,940 of such restricted stock units vest on the third anniversary of the grant date and 68,505 of such restricted stock units vest in equal annual installments over a three-year period. The vesting criteria for 121,944 restricted stock units include the achievement of certain performance targets by the Company.

On April 25, 2014, AMC Networks granted 353,757 restricted stock units to an executive officer under the AMC Networks Inc. Amended and Restated 2011 Employee Stock Plan which vest on December 31, 2020 and include the achievement of certain performance targets by the Company.

On June 10, 2014, AMC Networks granted 23,634 restricted stock units under the Amended and Restated 2011 Non-Employee Director Plan to non-employee directors that vested on the date of grant.

During the six months ended June 30, 2014, 566,328 restricted shares of AMC Networks Class A common stock previously issued to employees of Cablevision and the Company vested. In connection with the employees’ satisfaction of the statutory minimum tax withholding obligations for the applicable income and other employment taxes, 230,989 of these shares, with an aggregate value of $17,804, were surrendered to the Company. These acquired shares, as well as 6,503 forfeited unvested restricted shares, have been classified as treasury stock.

Share-based compensation expense included in selling, general and administrative expense, for the three and six months ended June 30, 2014 was $8,760 and $13,839, respectively and $5,604 and $9,941 for the three and six months ended June 30,2013, respectively.

As of June 30, 2014, there was $72,605 of total unrecognized share-based compensation cost related to Company employees who held unvested AMC Networks restricted shares/units. The unrecognized compensation cost is expected to be recognized over a weighted-average remaining period of approximately 3.6 years.

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Condensed Consolidating Financial Statements

6 Months Ended

Jun. 30, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Financial Statements

Condensed Consolidating Financial Statements

Long-term debt of AMC Networks includes $700,000 of 7.75% senior notes due July 2021 and $600,000 of 4.75% senior notes due December 2022. All outstanding senior notes issued by AMC Networks are guaranteed on a senior unsecured basis by certain of its existing and future domestic restricted subsidiaries (the “Guarantor Subsidiaries”). All Guarantor Subsidiaries are owned 100% by AMC Networks. The outstanding notes are fully and unconditionally guaranteed by the Guarantor Subsidiaries on a joint and several basis.

Set forth below are condensed consolidating financial statements presenting the financial position, results of operations, comprehensive income, and cash flows of (i) the Parent Company, (ii) the Guarantor Subsidiaries on a combined basis (as such guarantees are joint and several), (iii) the direct and indirect non-guarantor subsidiaries of the Parent Company (the “Non-Guarantor Subsidiaries”) on a combined basis and (iv) reclassifications and eliminations necessary to arrive at the information for the Company on a consolidated basis.

Basis of Presentation

 In presenting the condensed consolidating financial statements, the equity method of accounting has been applied to (i) the Parent Company's interests in the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries, and (ii) the Guarantor Subsidiaries' interests in the Non-Guarantor Subsidiaries, even though all such subsidiaries meet the requirements to be consolidated under GAAP. All intercompany balances and transactions between the Parent Company, the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries have been eliminated, as shown in the column “Eliminations.”

 The accounting basis in all subsidiaries, including goodwill and identified intangible assets, have been allocated to the applicable subsidiaries.

Condensed Consolidated Balance Sheet
June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	1,984		$	193,965		$	88,043	$	—		$	283,992
Accounts receivable, trade (less allowance for doubtful accounts)	—			378,853			139,259		—			518,112
Amounts due from related parties, net	—			4,044			—		—			4,044
Current portion of program rights, net	—			336,866			61,697		—			398,563
Prepaid expenses, other current assets and intercompany receivable	22,503			52,770			12,019		(29,686		)	57,606
Deferred tax asset, net	24,491			—			5,093		—			29,584
Assets held for sale	—			—			18,709		—			18,709
Total current assets	48,978			966,498			324,820		(29,686		)	1,310,610
Property and equipment, net of accumulated depreciation	—			73,102			56,938		—			130,040
Investment in affiliates	1,722,171			963,675			—		(2,685,846		)	—
Program rights, net	—			920,485			50,971		—			971,456
Amounts due from related parties, net	—			1,935			—		—			1,935
Long-term intercompany receivable	706,190			122,208			—		(828,398		)	—
Deferred carriage fees, net	—			49,406			2,375		—			51,781
Intangible assets, net	—			204,666			293,695		—			498,361
Goodwill	—			75,470			526,451		—			601,921
Other assets	30,018			40,910			48,818		—			119,746
Total assets	$	2,507,357		$	3,418,355		$	1,304,068	$	(3,543,930	)	$	3,685,850
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY
Current Liabilities:
Accounts payable	$	55		$	68,143		$	63,734	$	—		$	131,932
Accrued liabilities and intercompany payable	32,148			103,182			21,744		(29,686		)	127,388
Current portion of program rights obligations	—			224,870			36,404		—			261,274
Deferred revenue	—			40,282			2,938		—			43,220
Current portion of long-term debt	37,000			—			—		—			37,000
Current portion of capital lease obligations	—			2,149			685		—			2,834
Liabilities held for sale	—			—			17,632		—			17,632
Total current liabilities	69,203			438,626			143,137		(29,686		)	621,280
Program rights obligations	—			488,150			2,349		—			490,499
Long-term debt	2,721,353			—			—		—			2,721,353
Capital lease obligations	—			13,162			15,876		—			29,038
Deferred tax liability, net	108,906			—			15,374		—			124,280
Long-term intercompany payable	—			706,190			122,208		(828,398		)	—
Other liabilities	31,148			50,642			13,699		—			95,489
Total liabilities	2,930,610			1,696,770			312,643		(858,084		)	4,081,939
Commitments and contingencies
Stockholders’ deficiency:
AMC Networks stockholders’ (deficiency) equity	(423,253		)	1,722,171			958,351		(2,685,846		)	(428,577		)
Total AMC Networks stockholders’ (deficiency) equity	(423,253		)	1,722,171			958,351		(2,685,846		)	(428,577		)
Noncontrolling interests	—			(586		)	33,074		—			32,488
Total Stockholders' (deficiency) equity	(423,253		)	1,721,585			991,425		(2,685,846		)	(396,089		)
Total liabilities and stockholders’ (deficiency) equity	$	2,507,357		$	3,418,355		$	1,304,068	$	(3,543,930	)	$	3,685,850

Condensed Consolidated Statement of Income
Three Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues, net	$	—		$	412,773		$	109,320		$	—		$	522,093
Operating expenses:
Technical and operating	—			175,522			56,522			—			232,044
Selling, general and administrative	—			114,963			26,917			10			141,890
Restructuring expense	—			—			1,153			—			1,153
Depreciation and amortization	—			8,511			9,020			—			17,531
	—			298,996			93,612			10			392,618
Operating income	—			113,777			15,708			(10		)	129,475
Other income (expense):
Interest expense, net	(19,953		)	(12,213		)	(1,439		)	—			(33,605		)
Share of affiliates income	115,703			9,663			—			(125,366		)	—
Miscellaneous, net	(4,500		)	6,461			(1,102		)	10			869
	91,250			3,911			(2,541		)	(125,356		)	(32,736		)
Income from continuing operations before income taxes	91,250			117,688			13,167			(125,366		)	96,739
Income tax expense	(32,595		)	(2,417		)	(1,547		)	—			(36,559		)
Income from continuing operations	58,655			115,271			11,620			(125,366		)	60,180
Loss from discontinued operations, net of income taxes	—			—			(1,732		)	—			(1,732		)
Net income including noncontrolling interest	58,655			115,271			9,888			(125,366		)	58,448
Net (income) loss attributable to noncontrolling interests	—			432			(225		)	—			207
Net income attributable to AMC Networks' stockholders	$	58,655		$	115,703		$	9,663		$	(125,366	)	$	58,655

Condensed Consolidated Statement of Income
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Revenues, net	$	—		$	872,861		$	173,786		$	—		$	1,046,647
Operating expenses:
Technical and operating	—			356,972			92,243			—			449,215
Selling, general and administrative	—			241,340			45,896			10			287,246
Restructuring expense	—			—			1,153			—			1,153
Depreciation and amortization	—			16,720			15,205			—			31,925
	—			615,032			154,497			10			769,539
Operating income	—			257,829			19,289			(10		)	277,108
Other income (expense):
Interest expense, net	(42,185		)	(20,585		)	(2,266		)	—			(65,036		)
Share of affiliates income	238,876			6,070			—			(244,946		)	—
Miscellaneous, net	1,842			(334		)	(5,759		)	10			(4,241		)
	198,533			(14,849		)	(8,025		)	(244,936		)	(69,277		)
Income from continuing operations before income taxes	198,533			242,980			11,264			(244,946		)	207,831
Income tax expense	(68,511		)	(4,958		)	(2,195		)	—			(75,664		)
Income from continuing operations	130,022			238,022			9,069			(244,946		)	132,167
Loss from discontinued operations, net of income taxes	—			—			(2,482		)	—			(2,482		)
Net income including noncontrolling interest	130,022			238,022			6,587			(244,946		)	129,685
Net (income) loss attributable to noncontrolling interests	—			854			(517		)	—			337
Net income attributable to AMC Networks' stockholders	$	130,022		$	238,876		$	6,070		$	(244,946	)	$	130,022

Condensed Consolidated Statement of Comprehensive Income
Three Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	58,655		$	115,271	$	9,888		$	(125,366	)	$	58,448
Other comprehensive income (loss):
Foreign currency translation adjustment	9,221			9,221		(4,719		)	(9,221		)	4,502
Unrealized gain on interest rate swaps	1,171			—		—			—			1,171
Other comprehensive income (loss), before income taxes	10,392			9,221		(4,719		)	(9,221		)	5,673
Income tax expense	(432		)	—		—			—			(432		)
Other comprehensive income (loss), net of income taxes	9,960			9,221		(4,719		)	(9,221		)	5,241
Comprehensive income	68,615			124,492		5,169			(134,587		)	63,689
Comprehensive loss (income) attributable to noncontrolling interests	—			432		(225		)	—			207
Comprehensive income attributable to AMC Networks' stockholders	$	68,615		$	124,924	$	4,944		$	(134,587	)	$	63,896

Condensed Consolidated Statement of Comprehensive Income
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries		Non- Guarantor Subsidiaries			Eliminations			Consolidated
Net income	$	130,022		$	238,022	$	6,587		$	(244,946	)	$	129,685
Other comprehensive income (loss):
Foreign currency translation adjustment	15,374			15,374		(5,322		)	(15,374		)	10,052
Unrealized gain on interest rate swaps	1,957			—		—			—			1,957
Other comprehensive income (loss), before income taxes	17,331			15,374		(5,322		)	(15,374		)	12,009
Income tax expense	(722		)	—		—			—			(722		)
Other comprehensive income (loss), net of income taxes	16,609			15,374		(5,322		)	(15,374		)	11,287
Comprehensive income	146,631			253,396		1,265			(260,320		)	140,972
Comprehensive loss (income) attributable to noncontrolling interests	—			854		(517		)	—			337
Comprehensive income attributable to AMC Networks' stockholders	$	146,631		$	254,250	$	748		$	(260,320	)	$	141,309

Condensed Consolidated Statement of Cash Flows
Six Months Ended June 30, 2014
	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash provided by operating activities	153,255			141,858			37,951			(155,613		)	177,451
Cash flows from investing activities:
Capital expenditures	(1,371		)	(13,086		)	(4,298		)	—			(18,755		)
(Increase) decrease to investment in affiliates	(38,589		)	(161,166		)	28,768			170,987			—
Payment for acquisition of a business, net of cash acquired	—			(1,009,286		)	16,076			—			(993,210		)
Proceeds from insurance settlements	—			654			—			—			654
Net cash (used in) provided by investing activities	(39,960		)	(1,182,884		)	40,546			170,987			(1,011,311		)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt	600,000			—			—			—			600,000
Payments for financing costs	(9,266		)	—			—			—			(9,266		)
Purchase of treasury stock	(17,804		)	—			—			—			(17,804		)
Proceeds from stock option exercises	925			—			—			—			925
Excess tax benefits from share-based compensation arrangements	4,708			—			—			—			4,708
Principal payments on capital lease obligations	—			(865		)	(447		)	—			(1,312		)
Long-term intercompany debt	(706,190		)	706,190			—			—			—
Cash contributions from member	—			(5,100		)	5,100			—			—
Distributions from noncontrolling interests	—			—			835			—			835
Net cash (used in) provided by financing activities	(127,627		)	700,225			5,488			—			578,086
Net increase in cash and cash equivalents from continuing operations	(14,332		)	(340,801		)	83,985			15,374			(255,774		)
Cash flows from discontinued operations:
Net cash used in operating activities	—			—			(2,719		)	—			(2,719		)
Net decrease in cash and cash equivalents from discontinued operations	—			—			(2,719		)	—			(2,719		)
Effect of exchange rate changes on cash and cash equivalents	15,374			15,374			5,160			(15,374		)	20,534
Cash and cash equivalents at beginning of period	942			519,392			1,617			—			521,951
Cash and cash equivalents at end of period	$	1,984		$	193,965		$	88,043		$	—		$	283,992

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Property, Plant and Equipment (Details) (Satellite Equipment [Member], USD $) In Thousands, unless otherwise specified	Jun. 30, 2014
Satellite Equipment [Member]
Property, Plant and Equipment [Line Items]
Capital Leases, Balance Sheet, Assets by Major Class, Net	$ 34,162
Capital Leases, Lessee Balance Sheet, Assets by Major Class, Accumulated Depreciation	$ 9,865

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Description Of Business And Basis Of Presentation (Narrative) (Details)	6 Months Ended
	Jun. 30, 2014 network segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of Operating Segments	2
Nationally distributed programming networks	4

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Consolidated Statements of Income (Parenthetical) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Statement [Abstract]
Revenues, Net From Related Parties	$ 7,525	$ 8,127	$ 15,214	$ 16,268
Technical and operating charges from related parties	0	155	0	310
Related Party Transaction, Expenses from Transactions with Related Party	$ 890	$ 1,428	$ 1,549	$ 2,222

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Net Income Per Share

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Net Income Per Share

Net Income per Share

The condensed consolidated statements of income present basic and diluted net income per share (“EPS”). Basic EPS is based upon net income divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effects of AMC Networks stock options (including those held by directors and employees of related parties of the Company) and AMC Networks restricted shares/units (including those held by employees of related parties of the Company).

The following is a reconciliation between basic and diluted weighted average shares outstanding:

	Three Months Ended June 30,		Six Months Ended June 30,
	2014	2013	2014	2013
Basic weighted average common shares outstanding	72,043,000	71,568,000	71,910,000	71,430,000
Effect of dilution:
Stock options	231,000	294,000	120,000	314,000
Restricted shares/units	528,000	781,000	313,000	869,000
Diluted weighted average common shares outstanding	72,802,000	72,643,000	72,343,000	72,613,000

As of June 30, 2014, approximately 326,000 restricted share units have been excluded from diluted weighted average common shares outstanding since they would have been anti-dilutive. Approximately 476,000 and 80,000 restricted shares/units for the three and six months ended June 30, 2014 and June 30, 2013, respectively have been excluded from diluted weighted average common shares outstanding since the performance criteria on these awards had not yet been satisfied in each of the respective periods.

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Fair Value Measurement (Carrying Values And Fair Values Of The Company's Financial Instruments) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014 Term-A Facility [Member]	Dec. 31, 2013 Term-A Facility [Member]	Jun. 30, 2014 7.75% Senior Notes [Member]	Dec. 31, 2013 7.75% Senior Notes [Member]	Jun. 30, 2011 7.75% Senior Notes [Member]	Jun. 30, 2014 4.75% Senior Notes [Member]	Dec. 31, 2013 4.75% Senior Notes [Member]	Dec. 17, 2012 4.75% Senior Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt	$ 2,758,353	$ 2,157,183	$ 1,478,486	$ 878,315	$ 689,065	$ 688,497		$ 590,802	$ 590,371
Long-term Debt, Fair Value	$ 2,865,950	$ 2,235,700	$ 1,483,700	$ 876,700	$ 782,250	$ 787,500		$ 600,000	$ 571,500
Debt Instrument, Interest Rate, Stated Percentage					7.75%		7.75%	4.75%		4.75%

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Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss) (Schedule of Accumulated Other Comprehensive Income (Loss)) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance			$ (4,495)	$ (8,446)
Other comprehensive loss before reclassifications			9,416	289
Amounts reclassified from accumulated other comprehensive loss			2,593	3,823
Other Comprehensive Income (Loss), before Tax	5,673	2,260	12,009	4,112
Income tax expense	(432)	(838)	(722)	(1,525)
Other Comprehensive Income (Loss), Net of Tax	5,241	1,422	11,287	2,587
Ending Balance	6,792	(5,859)	6,792	(5,859)
Foreign Currency Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance			0
Other comprehensive loss before reclassifications			10,052
Amounts reclassified from accumulated other comprehensive loss			0
Other Comprehensive Income (Loss), before Tax			10,052
Income tax expense			0
Other Comprehensive Income (Loss), Net of Tax			10,052
Ending Balance	10,052		10,052
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning Balance			(4,495)	(8,446)
Other comprehensive loss before reclassifications			(636)	289
Amounts reclassified from accumulated other comprehensive loss			2,593	3,823
Other Comprehensive Income (Loss), before Tax			1,957	4,112
Income tax expense			(722)	(1,525)
Other Comprehensive Income (Loss), Net of Tax			1,235	2,587
Ending Balance	$ (3,260)	$ (5,859)	$ (3,260)	$ (5,859)

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Description Of Business And Basis Of Presentation Description Of Business And Basis Of Presentation (Policies)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Consolidation, Policy [Policy Text Block]

Principles of Consolidation

These unaudited condensed consolidated financial statements include the accounts of AMC Networks and its majority-owned subsidiaries in which a controlling interest is maintained. All intercompany transactions and balances have been eliminated in consolidation.

These unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and Article 10 of Regulation S-X of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, these unaudited condensed consolidated financial statements do not include all the information and notes required for complete annual financial statements.

These unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited condensed consolidated financial statements and notes thereto for the year ended December 31, 2013 contained in the Company’s 2013 Annual Report on Form 10-K (“2013 Form 10-K”) filed with the SEC.

The condensed consolidated financial statements as of June 30, 2014 and for the three and six months ended June 30, 2014 and 2013 are unaudited; however, in the opinion of management, such condensed consolidated financial statements include all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the periods presented.

The results of operations for the interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2014.

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the condensed consolidated financial statements include the valuation of acquisition-related assets and liabilities, the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets, valuation and recoverability of goodwill and long-lived intangible assets and income taxes.

Discontinued Operations, Policy [Policy Text Block]

Discontinued Operations

In connection with the acquisition of Chellomedia (see Note 2), management committed to a plan to dispose of the operations of Chellomedia's advertising sales unit, Atmedia. Accordingly, the assets and liabilities of Atmedia are classified as held for sale in the condensed consolidated balance sheet as of June 30, 2014 and the operating results have been classified as discontinued operations in the condensed consolidated statements of income for the three and six months ended June 30, 2014 (see Note 4).

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Segment Information Segment Information (Long-lived assets by Geographic Location) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Property and equipment, net	$ 130,040	$ 71,068
Americas [Member]
Segment Reporting Information [Line Items]
Property and equipment, net	72,765
Europe [Member]
Segment Reporting Information [Line Items]
Property and equipment, net	36,924
Other Geographic Locations [Member]
Segment Reporting Information [Line Items]
Property and equipment, net	$ 20,351

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Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2014

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

The following table details the components of accumulated other comprehensive income (loss):

	Six Months Ended June 30, 2014								Six Months Ended June 30, 2013
	Currency Translation Adjustment		Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income (Loss)			Gains (Losses) on Cash Flow Hedges			Accumulated Other Comprehensive Income (Loss)
Beginning Balance	$	—	$	(4,495	)	$	(4,495	)	$	(8,446	)	$	(8,446	)
Other comprehensive loss before reclassifications	10,052		(636		)	9,416			289			289
Amounts reclassified from accumulated other comprehensive loss	—		2,593			2,593			3,823			3,823
Net current-period other comprehensive income, before income taxes	10,052		1,957			12,009			4,112			4,112
Income tax expense	—		(722		)	(722		)	(1,525		)	(1,525		)
Net current-period other comprehensive income, net of income taxes	10,052		1,235			11,287			2,587			2,587
Ending Balance	$	10,052	$	(3,260	)	$	6,792		$	(5,859	)	$	(5,859	)

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Commitments

6 Months Ended

Jun. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments And Contingencies

Commitments

As of June 30, 2014, the Company’s contractual obligations not reflected on the Company’s condensed consolidated balance sheet increased approximately $213,758 to approximately $542,997 as compared to approximately $329,239 at December 31, 2013. The increase relates primarily to purchase obligations at AMC Networks International, including approximately $104,546 and $68,188 for program rights and transmission obligations, respectively.