via press release:
AT&T STATEMENT ON RAINBOW MEDIA PROGRAMMING AGREEMENT
DALLAS, July 14, 2010 – Rainbow Media and its parent company Cablevision are threatening to take AMC, IFC and WE tv channels away from AT&T U-verse(r) TV customers. AT&T* has provided the following statement to update customers on its programming negotiations with Rainbow Media:
We are making every effort to reach a fair agreement and continue providing these channels to our customers. It’s unfortunate that Rainbow Media, owned by Cablevision, is clearly not negotiating in good faith, is trying to charge significantly more than the average of what our TV competitors pay for these channels, and is acting in a way that harms competition and limits consumer choice.
We’ve made numerous proposals to reach a fair resolution before our current contract with Cablevision’s Rainbow Media expires at midnight on July 14. However, Cablevision’s Rainbow Media has rejected each of them, instead making unreasonable proposals that give it an unfair competitive advantage.
We don’t want customers to lose their programming. We’re fighting for a fair deal because our customers deserve the programming they want, at a fair price. We want to reach an agreement that is fair to our subscribers and for all parties.