Updated with executive comments. AMC Networks execs expressed continued confidence in their niche streaming strategy and hailed the full return of production for shows like the company’s core franchise The Walking Dead.
The comments Friday during a first-quarter earnings call with Wall Street analysts followed the release of so-so results for the period ending March 31. Revenue posted a bigger-than-expected 6% downturn, but earnings beat analysts’ forecasts.
Production for linear networks and streaming platforms “is back in full swing,” COO Ed Carroll said. For the first time ever, he noted, three Twd series are in production at the same time: along with the mothership franchise, the trio includes Fear the Walking Dead and The Walking Dead: The World Beyond.
The streaming portfolio, which includes niche outlets Acorn, Shudder and Allblk, is starting to expand outside the U.S. Carroll said early signs show “the same affinity” as in the U.S.
The comments Friday during a first-quarter earnings call with Wall Street analysts followed the release of so-so results for the period ending March 31. Revenue posted a bigger-than-expected 6% downturn, but earnings beat analysts’ forecasts.
Production for linear networks and streaming platforms “is back in full swing,” COO Ed Carroll said. For the first time ever, he noted, three Twd series are in production at the same time: along with the mothership franchise, the trio includes Fear the Walking Dead and The Walking Dead: The World Beyond.
The streaming portfolio, which includes niche outlets Acorn, Shudder and Allblk, is starting to expand outside the U.S. Carroll said early signs show “the same affinity” as in the U.S.
- 5/7/2021
- by Dade Hayes
- Deadline Film + TV
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