The company behind 'The Walking Dead' home AMC reports its first earnings since former Showtime Networks chief Matthew Blank was named interim CEO, taking over from company veteran Josh Sapan.
Networks, the company behind the AMC, IFC and Sundance Channel networks, as well as niche streaming services like horror-centric Shudder, said on Friday that its U.S. advertising revenue jumped during the third quarter and that it has seen continued streaming subscriber growth.
Domestic advertising revenue increased 22 percent to $200 million “due to higher pricing and ad-supported streaming growth, and an increase in the number of episodes of our original programming, partially offset by lower linear ratings.” Among the original series in the latest period were episodes of season 11 of AMC hit showU.S.
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