AMC Networks had excellent news for traders when it reported its fourth-quarter and year-end earnings earlier this week. The corporate concluded 2020 with greater than 6 million streaming subscribers throughout its numerous platforms, together with AMC+, Acorn TV, Shudder, Sundance Now, and ALLBLK. That is a year-over-year combination subscriber progress of 157%. President and Chief Govt Officer Josh Sapan credit a few of that success to the increasing Strolling Useless franchise, which launched 40 new episodes in 2020 between The Walking Dead, Fear the Walking Dead, and The Walking Dead: World Beyond. AMC Networks exhibits no indicators of slowing down manufacturing on its hit franchise, even as the flagship original series approaches its final season.
“2020 was a 12 months of robust efficiency for AMC Networks, as we continued to remodel our firm whereas efficiently navigating what has been a uniquely difficult and unsure working atmosphere,” Sapan mentioned in a press launch. “AMC Networks is now the worldwide chief in focused streaming and, with the addition of our new AMC+ premium bundled providing, streaming is now probably the most important progress space of our firm. Our distribution relationships are robust, now supported by our streaming choices, with our capability to finish a number of renewals in 2020 underscoring the continued energy and enticing worth of our linear cable channels. Our digital promoting initiatives are a key precedence, together with expanded distribution of our content material on AVOD and FAST platforms. Our confirmed and continued capability to create and selectively curate must-have content material is permitting us to feed the content material pipeline supporting all of our choices. Our technique is offering us with robust tailwinds and we imagine there are important and sustainable alternatives earlier than us as we proceed to reconstitute our firm.”
Like each manufacturing studio, AMC confronted challenges in 2020 because of the pandemic. AMC touts its capability to renew manufacturing on The Walking Dead within the latter half of the 12 months as one of many 12 months’s largest successes.
AMC Networks and Strolling Useless chief content material officer Scott Gimple announced in September that The Strolling Useless‘s eleventh season, now filming, would be the sequence’ final. Showrunner Angela Kang will transfer on to the untitled spin-off series starring Daryl (Norman Reedus) and Carol (Melissa McBride).
“It has been ten years gone bye; what lies forward are two extra to come back and tales and tales to inform past that,” Gimple mentioned in an announcement. “What’s clear is that this present has been concerning the residing, made by a passionate solid, crew of author/producers, producers, and crew, bringing to life the imaginative and prescient put forth by Robert Kirkman in his good comedian — and supported by one of the best followers on this planet.”
The Walking Dead returns to AMC to proceed its tenth season tonight.