AMC Networks Inc. (Nasdaq: AMCX) is buying Chellomedia from Liberty Global plc for $1 billion.

Chellomedia is Liberty Global’s international content division, and includes Chello Multicanal, Chello Central Europe, Chello Zone, Chello Latin American and Chello DMC. The deal also includes Chellomedia’s stakes in joint ventures with CBS International, A&E Networks, Zon Optimus and other partners.

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