AMC enters joint venture to operate BBC America

October 23, 2014 10:48 PM

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NEW YORK (AP) — AMC Networks said Thursday it will pay $200 million to acquire a stake in BBC America.

The entertainment company known for shows such as "The Walking Dead" and "Mad Men" will have a 49.9% equity stake in the cable channel that is home of shows such as "Doctor Who" and "Orphan Black."

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