Profile: AMC Networks Inc (AMCX.O)
30 Mar 2017
AMC Networks Inc., incorporated on March 9, 2011, is a holding company, which conducts all of its operations through its subsidiaries. The Company owns and operates entertainment businesses and assets. The Company operates through two segments: National Networks, and International and Other. The National Networks segment includes activities of its programming businesses, which include its programming networks distributed in the United States and Canada. The International and Other segment principally includes AMC Networks International (AMCNI), the Company's international programming businesses, consisting of a portfolio of channels in Europe, Latin America, the Middle East and parts of Asia and Africa; IFC Films, the Company's independent film distribution business; AMC Networks International- DMC, the broadcast solutions unit of certain networks of AMCNI and third-party networks, and various developing online content distribution initiatives.
The National Networks segment's programming networks include AMC, WE tv, BBC AMERICA, IFC and SundanceTV in the United States, and AMC, IFC and Sundance Channel in Canada. The National Networks segment also includes AMC Networks Broadcasting & Technology, the technical services business, which services programming networks included in the National Networks segment.
AMC's original drama series include The Walking Dead, Better Call Saul, Turn: Washington's Spies, Halt and Catch Fire, Fear the Walking Dead, Humans, Into the Badlands and Preacher. Additionally, AMC's programming includes the original shows, such as Talking Dead, The Making of The Mob Comic Book Men, Ride with Norman Reedus and The American West. The network also includes a limited series, The Spy Who Came in from the Cold, an adaptation of the author John Le Carre's novel. AMC's film library consists of films that are licensed under contracts from studios, such as Twentieth Century Fox, Warner Bros., Sony, MGM, NBC Universal, Paramount and Buena Vista. AMC generally structures its contracts for the exclusive cable television rights to air the films during identified window periods.
WE tv's unscripted original series includes the Braxton Family Values, Kendra on Top Mary Mary, Marriage Boot Camp Reality Stars, and L.A. Hair, among others. Additionally, WE tv's programming includes series, such as CSI Miami and Law & Order, as well as feature films, with exclusive license rights to certain films from studios, such as Paramount, MGM, Disney and Warner Bros. BBC AMERICA is a hub of programming that has been the launch pad for talent. IFC creates original comedies that are in keeping with the network's Always On Slightly Off brand, and which air alongside a collection of films and comedic television shows. The network's original content includes the comedy series, Portlandia. Other IFC originals include Documentary Now!; Stan Against Evil, and the Brockmire. IFC's programming also includes films from various film distributors, including Fox, Miramax, Sony, Lionsgate, Universal, Paramount and Warner Bros.
SundanceTV includes original scripted programming, such as Rectify, a drama series. It also includes programmings, such as Hap and Leonard, The Last Panthers and Top of the Lake, among others. The Company provides programming to the Canadian market through its AMC and Sundance Channel brands. AMC is distributed through affiliation arrangements with all Canadian multichannel video programming distributors and Sundance Channel through trademark license and content distribution arrangements with Canadian programming outlets.
AMC Networks Broadcasting & Technology is a network programming feed origination and distribution company, which services the national programming networks of the Company. AMC Networks Broadcasting & Technology's operations are located in Bethpage, New York, where AMC Networks Broadcasting & Technology consolidates origination and satellite communications functions in a 67,000 square-foot facility.
International and Other
The International and Other segment's AMCNI delivers programming that reaches subscribers in over 140 countries and territories, including countries and territories in Europe, Latin America, the Middle East and parts of Asia and Africa. AMCNI consists of Sundance Channel and AMC brands. AMCNI-UK distributes television programming throughout the United Kingdom and other countries in Europe, the Middle East and Africa (EMEA) and Asia and manages a portfolio of thirteen channel brands, including AMC, SundanceTV, Extreme Sports Channel, Eva, MGM and preschool channel JimJam. As of December 31, 2016, AMCNI - UK also operated a number of joint venture, partnership and managed channel services in the EMEA region, including Outdoor Channel, Polsat JimJam, as well as a portfolio of seven entertainment channels across thirteen EMEA feeds with CBS Studios, including CBS Drama, CBS Action, CBS Reality, CBS Europa and Horror Channel.
AMCNI-Iberia is a distributor of thematic television channels in Spain and Portugal. As of December 31, 2016, the portfolio consisted of 17 television channels, including AMC, Sundance Channel, Canal Hollywood, Odisea, Sol Musica, Canal Cocina and Decasa, and a number of channels owned through joint ventures. The channels are programmed for local audiences, languages and markets. As of December 31, 2016, AMCNI-Central Europe operated a portfolio of thematic television channels with a focus on the Central and Eastern European market, including 14 television brands in five genres sport: Sport1, Sport2, SportM; kids Minimax, Megamax; infotainment Spektrum, TVPaprika, Spektrum Home and film: AMC, Film Mania, Film Cafe, Film+ and Kinowelt, and general entertainment: OBN. The channels are programmed for local audiences, languages and markets. AMCNI-Latin America produces and distributes television programming throughout Spanish and Portuguese speaking Latin America, the Caribbean and other territories. As of December 31, 2016, the portfolio consisted of six channels including, AMC, Sundance Channel, Film&Arts, Europa Europa, Mas Chic and El Gourmet.
AMCNI also distributes television programming in the Middle East and Asia focusing on the versions of Sundance Channel. Sundance Channel features certain content from AMC, IFC, SundanceTV and IFC Films, as well as a pipeline of international content. AMCNI-DMC is a media logistics service provider of playout services, content distribution, video on demand and television everywhere services. The Amsterdam-based digital media facility is engaged in the publishing and delivery of multi-lingual and multi-platform content. As of December 31, 2016, AMCNI-DMC transmitted over 100 channels across continental Europe, the United Kingdom, the Middle East, Asia and South Africa. AMCNI-DMC's third party clients include Fox International Channels, A&E Networks, Sony Pictures Television Entertainment and Liberty Global.
IFC Films, the Company's independent film distribution business, makes independent films available to a global audience. As of December 31, 2016, IFC Films operated three distribution labels, including Sundance Selects, IFC Films and IFC Midnight, all of which distributed independent films across all available media platforms, including in theaters, on cable/satellite video-on-demand (reaching approximately 50 million homes), digital versatile discs (DVDs) and cable network television, and streaming/downloading to computers and other electronic devices. As of December 31, 2016, IFC Films had a film library consisting of over 800 titles. IFC Films also operates the IFC Center and the DOC NYC Film Festival. IFC Center is an independent movie theater located in the New York City's Greenwich Village. DOC NYC is an annual festival also located in New York City celebrating documentary storytelling in film, photography, prose and other media.
AMC Networks Inc
11 Penn Plz
NEW YORK NY 10001-2006
Company Web Links
- Exclusive: AMC plans ad-free streaming service for cable subscribers - sources
- EXCLUSIVE: AMC plans ad-free streaming service for cable subscribers - sources
- BRIEF-AMC Networks Q4 earnings per share $0.20
- BRIEF-Amc Networks reports Q3 earnings per share $0.91
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