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The Walking Dead Gives AMC Big Money Boost In 2014

by on 02/26/2015
 

AMC Networks issued a pleasant financial report this week that even surpassed Wall Street’s lofty expectations and it was primarily due to the success of its signature series “The Walking Dead”. AMC Networks announced that they made a profit of $77.6 million in the final quarter of 2014 – more than the $71.1 million that Wall Street analysts had expected – with a good chunk of that increase coming from advertising revenue related to the beginning of the latest season of “The Walking Dead” during that final quarter.

AMC Networks announced they enjoyed a 24.3% increase in advertising revenue during the quarter which they claim is due to a strong demand for original programming – “primarily at AMC” [AMC Networks also owns IFC, WeTV and, as of last year, a 49.9% stake in BBC America].

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