AMC Moving From Delaware as Corporations Exit
12th April 2025
AMC Networks Inc., owner of the popular cable AMC Channel, is planning to move its corporate domicile from Delaware and reincorporate in Nevada, joining a growing list of companies abandoning the state.
The AMC news hit just days after Madison Square Garden Entertainment announced it was planning to leave Delaware, a move made by at least 20 major companies in the past year, according to Robert Anderson, a Professor of Law at the University of Arkansas.
In a recent shareholder notice, AMC Networks Inc. said it sought approval of plans to ‘redomesticate’ from Delaware to Nevada, marking the latest high-profile exit from a state under fire for its left-leaning judicial system.
You don’t need a picture ID to vote with your feet….