AMC used to earn enough as one of the host of basic channels on cable, even though they did not run any commercials. They did this by using movies that were very inexpensive to license or free because they were public domain.
However, this guy from Atlanta named Turner bought up the rights on those movies. I think he had a plan to popularize colorization, because Turner Network Television initiated colorized movies starting with "A Miracle on 34th Street." Colorization died an ignominious death and we seldom see it anymore.
In the meantime, Turner became a convert to keeping "classic" movies classic. He started his own classic movie channel and continued buying up rights to old movies. Soon, AMC was priced out of the market for showing commercial free movies while charging only basic cable rates.
TCM became an upgrade channel. It is not a premium like HBO, Showtime, or even STARZ, but they do charge extra. AMC was forced to start carrying commercials, creating reality shows, and sometimes running really good independent series.
We still get our classic movies and I watch TCM, but if I even go to a cocktail party hosted by TCM, I will throw a drink in Ted Turner's hypocritical mug (if he's still alive).
The best diplomat I know is a fully charged phaser bank.
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