Related Party Transactions

3 Months Ended

Mar. 31, 2012

Related Party Transactions [Abstract]

Related Party Transactions

Note 11. Related Party Transactions

     The Company provides services to and receives services from Cablevision and MSG. Until the Distribution date, the consolidated financial statements of the Company reflect the application of certain cost allocation policies of Cablevision. Management believes that these allocations were made on a reasonable basis. However, it is not practicable to determine whether the charged amounts represent amounts that might have been incurred on a stand-alone basis, including as a separate independent publicly owned company, as there are no company-specific or comparable industry benchmarks with which to make such estimates. Further, as many of these transactions are conducted between subsidiaries under common control of the Dolan Family, amounts charged for these services may not represent amounts that might have been received or incurred if the transactions were based upon arm's length negotiations.

     The following is a summary of the revenues and expenses included in the Company's consolidated statements of income related to transactions with or charges from Cablevision:

	Three Months Ended March 31,
	2012		2011
Revenues, net	$	5,856	$	5,700
Operating expenses:
Technical and operating expenses:
Other support functions	$	-	$	118
Health and welfare plans		-		1,087
Total technical and operating expenses	$	-	$	1,205
Selling, general and administrative expenses:
Corporate general and administrative costs, net	$	858	$	8,001
Management fees		-		6,740
Health and welfare plans		-		1,040
Advertising expense		1,263		325
Other support functions		391		72
Sales support and other functions, net		-		1,302
Cablevision allocations of share-based
compensation expense		-		3,977
Cablevision allocations of long-term incentive plans
expense		-		3,318
Total selling, general and administrative expenses	$	2,512	$	24,775

     The following is a summary of the revenues and expenses included in the Company's consolidated statements of income related to transactions with or charges from MSG:

	Three Months Ended March 31,
	2012			2011
Revenues, net	$	2,217		$	2,240
Operating expenses:
Selling, general and administrative expenses:
Corporate general and administrative and other credits	$	(516	)	$	(456	)
Sales support and other functions		-			(28	)
Total selling, general and administrative credits	$	(516	)	$	(484	)

Operating Expenses

Share-based Compensation and Long-Term Incentive Plans Expense

     Cablevision charged the Company through the Distribution date its proportionate share of expenses or benefits related to Cablevision's employee stock plans and Cablevision's long-term incentive plans. Such amounts are included in selling, general and administrative expenses in the consolidated statement of income for the three months ended March 31, 2011. The 2009 Cablevision three-year long-term incentive plan performance awards to certain executive officers and other members of the Company were paid in cash in March 2012.

Transition Services Agreement

     In connection with the Distribution, Cablevision and AMC Networks entered into a Transition Services Agreement under which, in exchange for the fees specified in such agreement, Cablevision agreed to provide transition services with regard to such areas as accounting, information systems, risk management and employee services, compensation and benefits. Under the Transition Services Agreement, AMC Networks also provides certain services to Cablevision and to MSG on behalf of Cablevision. The Company incurred net fees of $843 under the Transition Services Agreement for the three months ended March 31, 2012, which were recorded as a charge to selling, general and administrative expenses.