AMC Networks Stock Hits 52-Week Low Amid Concerns Over Cost of Originals

[dfergie]

Overall, company executives touted such AMC hit shows as Walking Dead and Mad Men, which he lauded for its "extraordinary" staying power, as well as Rectify on SundanceTV. And Sapan said new Revolutionary War spy show Turn on AMC has done okay early on amid some concern about weaker-than-hoped. COO Ed Carroll said about the series that company executives "like what we're seeing so far" and that it will eventually come to Netflix down the line.

hollywoodreporter.com

 

[dfergie]

The audience for the show about zombies increased 24% in its fourth season. But investors may be more interested today in the impact that newly acquired Chellomedia is having on AMC Networks. The programming company reported net income for Q1 of $71.4M, +16% vs the period last year, on revenues of $524.6M, +37.3%.

deadline.com

 

[mike123abc]

Well at least they are investing real money into making real shows. SyFy probably is better liked because they can have a couple guys run around in the dark and produce hours of programming for 1/100th the cost...