AMC Nets – Walkers Boost 4Q Profits as Company Eyes International
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| February 28, 2014
Original programs primarily at AMC pushed AMC Nets ‘ 4Q ad revenue to $205mln, up nearly 31% YOY. A portion of the increase stemmed from AMC Nets’ dispute with DISH in 2012 impacted results in 4Q that year, CFO Sean Sullivan said during the company’s earnings call Thurs. AMC was the growth drivers, most notably, ‘The Walking Dead,’ he said. More on the company’s financials here.
Discovery Comm pres/CEO David Zaslav on Tues announced that he’s shaking things up among his top 3 go-to programming gurus, with group pres Eileen O’Neill adding oversight of Science and Velocity.
The Comcast/Time Warner Cable merger would help TiVo expand its VOD services to Comcast in more key markets, CEO Tom Rogers said during the company’s earnings call late Wed.
Time Warner Cable will add a $2.25 monthly surcharge to offset increased retrans fees. More information here.