AMC Global Media

AMCX

AMC Networks Inc. is an American entertainment company headquartered in 11 Penn Plaza, New York, that owns and operates the cable channels AMC (its eponymous brand), IFC, We TV, BBC America (through a joint venture with BBC Studios), and SundanceTV; the art house movie theater IFC Center in New York City; the independent film companies IFC Films and RLJE Films; and premium streaming services Sundance Now and Shudder. In addition, the company operates AMC Networks International, its global division. The company was originally launched in 1980 and formerly known as Rainbow Media Holdings, LLC (or alternately Rainbow Programming Holdings), a subsidiary of Cablevision, but was spun off as a publicly traded company in July 2011. The company is majority-owned and controlled by the Dolan family.

AMC Global Media has been a target of short sellers for a while. The current short interest of 23.27% is slightly above the average of the last 12 months (19.10%).