|[February 03, 2014]
Liberty Global Completes Sale of Chellomedia
DENVER --(Business Wire)--
Liberty Global (News - Alert) plc ("Liberty Global") (NASDAQ: LBTYA, LBTYB and LBTYK)
announced today that it has completed the sale of substantially all of
the assets of Chellomedia to AMC Networks Inc. ("AMC") (NASDAQ: AMCX)
for €750 million ($1.0 billion)1. Liberty Global will retain
its Dutch premium channel business, which consists of its Film1 and
About Liberty Global
Liberty Global is the largest international cable company with
operations in 14 countries. We connect people to the digital world and
enble them to discover and experience its endless possibilities. Our
market-leading triple-play services are provided through next-generation
networks and innovative technology platforms that connected 24 million
customers subscribing to 48 million television, broadband internet and
telephony services at September 30, 2013.
Liberty Global's consumer brands include Virgin Media (News - Alert), UPC, Unitymedia,
Kabel BW, Telenet and VTR. Our operations also include Liberty Global
Business Services, our commercial division and Liberty Global Ventures,
our investment fund. For more information, please visit www.libertyglobal.com.
1 Converted to U.S. dollars based on the euro to U.S. dollar
foreign currency exchange rate in effect as of January 31, 2014.
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