AMC Networks acquired the remaining stake in BBC America that it did not already control.

The deal, which took place on Friday 1 November 2024, involved AMC buying the 50.1% stake in the channel still held by BBC Studios.

The deal cost AMC $42 million in cash.

While the network is now fully American-owned, AMC said it still plans to work closely with BBC Studios on content and programming, although exact details have not been disclosed.

It’s also unclear whether, with AMC now controlling the network, whether new programming, including non-BBC Studios programming, could begin airing, though that could be seen as a misstep, given the network’s association with the famous British brand.

The network will continue to be known as BBC America under license from the BBC.

BBC Studios, formerly known as BBC Worldwide, is a commercial subsidiary of the BBC.

While the BBC itself receives its funding from TV broadcasting fees collected from UK residents and is offered free – and without ad breaks – to those viewers, the BBC has created a commercial arm to help monetize its content across the globally outside the place where they collect. license fees.

These included digital offers which, when accessed from outside the UK, may contain advertising or require a fee.

BBC Studios also licenses content to both BBC America and other broadcasters, such as long-time partner PBS.

AMC Networks owns brands such as IFC, Sundance TV, WE TV, Acorn TV and Shudder, as well as streaming assets associated with some of these networks. It also has a stake in Philo and a small stake in BritBox, a streamer that features British programming from major co-owners BBC Studios and ITV.