Edgar Filing: AMC Networks Inc.

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Luxor Capital Group, LP

2. Issuer Name and Ticker or Trading Symbol
AMC Networks Inc. [AMCX]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

1114 AVENUE OF THE AMERICAS, 29TH FLOOR

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2011

(Street)

NEW YORK, NY 10036

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/11/2011		S		5,147	D	$ 33.8438	1,910,094	D ⁽¹⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		8,047	D	$ 33.8438	2,957,059	D ⁽²⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		93	D	$ 33.8438	35,486	D ⁽³⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,084	D	$ 33.8438	401,252	D ⁽⁴⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,864	D	$ 33.8438	684,147	D ⁽⁵⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,209	D	$ 33.8438	445,556	I	See ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		55,183	D	$ 32.3501	1,854,911	D ⁽¹⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		86,262	D	$ 32.3501	2,870,797	D ⁽²⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,001	D	$ 32.3501	34,485	D ⁽³⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		11,624	D	$ 32.3501	389,628	D ⁽⁴⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		19,990	D	$ 32.3501	64,157	D ⁽⁵⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		12,940	D	$ 32.3501	432,616	I	See ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		6,353	D	$ 34.1753	1,848,558	D ⁽¹⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		9,931	D	$ 34.1753	2,860,866	D ⁽²⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		117	D	$ 34.1753	34,368	D ⁽³⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,338	D	$ 34.1753	388,290	D ⁽⁴⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		2,301	D	$ 34.1753	661,856	D ⁽⁵⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,489	D	$ 34.1753	431,127	I	See ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		6,785	D	$ 33.7271	1,841,773	D ⁽¹⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		10,604	D	$ 33.7271	2,850,262	D ⁽²⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		123	D	$ 33.7271	34,245	D ⁽³⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,428	D	$ 33.7271	386,862	D ⁽⁴⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		2,460	D	$ 33.7271	659,396	D ⁽⁵⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		1,588	D	$ 33.7271	429,539	I	See ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		2,514	D	$ 34.2439	1,839,259	D ⁽¹⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		3,930	D	$ 34.2439	2,846,332	D ⁽²⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		45	D	$ 34.2439	34,200	D ⁽³⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		529	D	$ 34.2439	386,333	D ⁽⁴⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		910	D	$ 34.2439	658,486	D ⁽⁵⁾ ⁽⁷⁾ ⁽⁸⁾
Common Stock	08/11/2011		S		588	D	$ 34.2439	428,951	I	See ⁽⁶⁾ ⁽⁷⁾ ⁽⁸⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Luxor Capital Group, LP 1114 AVENUE OF THE AMERICAS 29TH FLOOR NEW YORK, NY 10036		X
Luxor Capital Partners, LP 1114 AVENUE OF THE AMERICAS 29TH FLOOR NEW YORK, NY 10036		X
LUXOR SPECTRUM LLC 1114 AVENUE OF THE AMERICAS 29TH FLOOR NEW YORK, NY 10036		X
Luxor Wavefront, LP 1114 AVENUE OF THE AMERICAS 29TH FLOOR NEW YORK, NY 10036		X
LUXOR CAPITAL PARTNERS OFFSHORE LTD C/O M&C CORPORATE SVCS LTD PO BOX 309 GT UGLAND HOUSE GEORGE TOWN, E9 00000		X
LUXOR SPECTRUM OFFSHORE LTD C/O MAPLES CORPORATE SERVICES LTD P.O. BOX 309 GT GEORGE TOWN, E9 KY1-1104		X

Signatures

Norris Nissim, as General Counsel of Luxor Management, LLC, General Partner of Luxor Capital Group, LP		08/11/2011
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Reflects the securities of the issuer owned directly by Luxor Capital Partners, LP (the "Onshore Fund").
(2)	Reflects the securities of the issuer owned directly by Luxor Capital Partners Offshore Master Fund, LP (the "Offshore Master Fund"). The Offshore Master Fund is a subsidiary of Luxor Capital Partners Offshore, Ltd. (the "Offshore Feeder Fund").
(3)	Reflects the securities of the issuer owned directly by Luxor Spectrum, LLC (the "Spectrum Onshore Fund").
(4)	Reflects the securities of the issuer owned directly by Luxor Spectrum Offshore Master Fund, LP (the "Spectrum Offshore Master Fund"). The Spectrum Offshore Master Fund is a subsidiary of Luxor Spectrum Offshore, Ltd.(the "Spectrum Offshore Feeder Fund").
(5)	Reflects the securities of the issuer owned directly by Luxor Wavefront, LP (the "Wavefront Fund").
(6)	Reflects the securities of the issuer held in accounts managed separately (the "Separately Managed Accounts") by Luxor Capital Group, LP ("Luxor Capital Group").
(7)	Luxor Capital Group acts as the investment manager of the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund, the Offshore Feeder Fund, the Spectrum Offshore Master Fund and the Spectrum Offshore Feeder Fund (collectively, the "Luxor Funds") and the Separately Managed Accounts. Luxor Management, LLC ("Luxor Management") is the general partner of Luxor Capital Group. Mr. Leone is the managing member of Luxor Management. LCG Holdings, LLC ("LCG Holdings") is the general partner of the Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Offshore Spectrum Master Fund and the managing member of the Spectrum Onshore Fund. Mr. Leone is the managing member of LCG Holdings.
(8)	Luxor Capital Group, Luxor Management and Mr. Leone may each be deemed to indirectly beneficially own the shares of common stock held by the Luxor Funds and the Separately Managed Accounts. LCG Holdings may be deemed to indirectly beneficially own the shares of common stock held by the Onshore Fund, the Spectrum Onshore Fund, the Wavefront Fund, the Offshore Master Fund and the Spectrum Offshore Master Fund. For purposes of this Form 4, Luxor Capital Group, Luxor Management, LCG Holdings and Mr. Leone each disclaims beneficial ownership of the shares of common stock owned by the Luxor Funds and the Separately Managed Accounts, except to the extent of their or his pecuniary interest therein.

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