/// Walking Dead Breathes Life Into AMC Networks

February 27, 2014  |  Media Week

Powered by the voracious and indefatigable phenomenon that is The Walking Dead , AMC Networks enjoyed a strong fourth quarter, boosting ad sales revenue 31 percent to $205 million. Advertiser demand for the AMC zombie apocalypse drama and solid distribution gains helped lift the company’s net income by 133 percent to $35.4 million, up from $15.2 million in Q4 2012. Affiliate fees grew 9 percent in the quarter to $199 million. All told, the domestic networks segment ( AMC , IFC, Sundance Channel, WE tv) generated $404 million in overall revenue during the last three months of the calendar year, an improvement of 19 percent versus the year-ago period. AMC in Q4 aired eight episodes of The Walking Dead, which is now in the midst of its fourth season. The Oct. 13 premiere, “30 Days Without an Accident,” smashed all sorts of cable ratings records, scaring up 16.1 million viewers and a staggering 8.2 in the adults 18-49 demo . (Upon application of seven days of DVR playback, the episode delivered 20.8 million viewers and a gaudy 10.7 rating.) The one major drag on AMC’s performance was a $52 million write-off primarily related to the cancelation of two original series at the flagship network. “We were not happy with the performance of Low Winter Sun, which ran for one season, and The Killing, a show that ran for three seasons,” said AMC Nets president and CEO Josh Sapan, during a call with investors

Link:
Walking Dead Breathes Life Into AMC Networks



Leave a Reply