Tuesday, February 26, 2013

AMC Networks Misses Numbers - Time To Sell?

AMC Networks released their Q4 numbers and the Dish drop had a big effect on numbers.  "AMC Networks says it generated $15.2M in net income in the quarter, -48.5%".  Obviously, the networks are back on Dish but the damage was done.  In addition, AMC has announced a new syndication deal, selling one of their signature series, Breaking Bad, to Sundance Channel in an attempt to bolster their ratings.

So the question remains, is it time to sell the channels? Unless AMC and its sister channels have another new series up their sleeves, capable of getting the kind of ratings Breaking Bad, Walking Dead, and Mad Men have been generating, the timing may be ripe to sell while the network is hot.

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