Charter and AMC ink early renewal deal, providing cable subscribers free access to AMC+

(Reuters) - Charter Communications and AMC Networks on Wednesday said they have agreed to an early renewal of a distribution agreement, allowing Charter to carry AMC's portfolio of linear cable networks for multiple years.

The ad-supported version of AMC's streaming service, AMC+, will be included at no additional cost to Charter's Spectrum TV Select customers, the companies said in a statement.

The financial terms and exact duration of the agreement were not disclosed.

Charter will also make AMC+ available for purchase to its millions of internet-only customers.

"With the addition of AMC+, Charter, through its programming deals, will be providing its Spectrum TV Select Plus customers more than $40/month in retail value for streaming apps and over $30/month in retail value for Spectrum TV Select/Select Signature customers," the statement said.