AMC Networks is one of many companies that have moved away from pricey upfront spectacles in favor of smaller, more intimate gatherings with clients. But it also has one of the easiest upfront sells thanks to a little franchise called The Walking Dead.
Most networks are using "data" as their big upfronts buzzword this year. For WE tv, it's "David"—as in David Tutera. The star of the cable network's David Tutera's Celebrations, is at the center of what WE tv is calling its most comprehensive sponsorship opportunity ever: the WE Suite.
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.
DISH Network subscribers who also happen to be fans of Mad Men, The Walking Dead and Breaking Bad may be in for a rude awakening this summer, as the satellite-TV service on Friday threatened to kick AMC off its channel lineup.
Driven by a significant uptick in ad sales dollars, AMC Networks today reported a 53 percent jump in fourth-quarter profits. The New York-based cable network group, which houses AMC, IFC, the Sundance Channel and WE tv, posted Q4 net income of $29.5 million, or 40 cents a share, compared to $19.3 million, or 28 cents a share, during the same period last year.