(Telecompaper) AMC Networks has agreed to acquire Liberty Global's broadcasting arm Chellomedia for EUR 750 million. The transaction is expected to close in the first quarter of next year. The acquisition will provide AMC Networks with a broad array of television channels distributed to more than 390 million households in 138 countries. The agreement includes the acquisition of Chellomedia's operating businesses, including Chello Central Europe, Chello Latin America, Chello Multicanal, Chello Zone, the ad sales unit Atmedia and the broadcast solutions unit Chello DMC.