June 20, 2017 / 8:36 PM / a month ago

BRIEF-RLJ Entertainment broadens strategic partnership with AMC Networks

1 Min Read

June 20 (Reuters) - RLJ Entertainment Inc-

* RLJ Entertainment says broadened its strategic partnership with amc networks to accelerate its content investments and other strategic initiatives for acorn tv

* Says AMC Networks tranche a term loan was expanded to $23 million from $13 million

* RLJ Entertainment - AMC also extended maturity on base amount by one year to 2020 with additional amount due in 2021

* RLJ Entertainment says its chairman robert johnson converts 100% of preferred stock into common stock

* RLJ Entertainment - AMC Networks exercised $5 million of its tranche a warrants into rlje common stock at $3 per common share Source text for Eikon: Further company coverage:

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