Agreement Between Metro-Goldwyn-Mayer Inc. (“MGM”) and Rainbow Media Holdings Inc. (“RMHI”) to acquire Twenty-Percent Interest in the Rainbow Networks (AMC, Bravo, IFC, WE: Women’s Entertainment and Digital Suites)Cablevision Systems Corp /Ny • February 5th, 2001 • Cable & other pay television services • New York
This Agreement sets forth the mutual understanding of MGM and RMHI with regard to a Transaction in which a subsidiary of MGM will make capital contributions in AMCC (as hereinafter defined) of $495 million and Bravo (as hereinafter defined) of $330 million and will become a 20% partner in each of these Partnerships (the “Partnerships”). The subsidiaries of Rainbow which are partners in AMC and Bravo would be proportionately diluted.
