Latest in Josh Sapan

AMC Networks missed Wall Street estimates in the second quarter, with adjusted earnings per share of $1.93, compared with analysts’ consensus expectation for $1.97. Revenue for the owner of cable networks including AMC, IFC and Sundance increased 7.2%, or $51 million, to $761 million, as the National Networks unit…

Josh Sapan, President and CEO of AMC Networks, and Tim Davie, CEO of BBC Studios, partners in BBC America, are to set to give separate keynote addresses at Mipcom in October. The pair will talk at the international TV event in Cannes France as part of its theme of 'The Big Shift: Transitioning to a Reshaped Media…

AMC Networks mounted an argument for its vitality in a consolidating media landscape, posting stellar first-quarter financial results that blew past Wall Street estimates. Net income increased 28% to $2.54 per share on a diluted basis from $1.98 in the first quarter a year ago, far higher than Wall Street analysts…

AMC Networks had many positives to point to for all of 2017, including record full-year revenue of $2.8 billion, but the cable programmer posted a middling fourth quarter, with revenue and profit down on an adjusted basis. Total revenue drifted down a fraction of a percent to $727 million. Adjusted operating income of…

UPDATED at 10AM PT with executive comment. Cable programmer AMC Networks reported a revenue gain of just 2% but double-digit upswings in operating and net income, with execs indicating the company had bucked industry trends by adding 15 million new subscribers across all platforms over the past year. Total revenue…

Eight years after it began its steady shuffle to the top of the ratings charts, The Walking Dead has experienced occasional bumps in the ratings road. Even so, during a conference call with Wall Street analysts today to discuss AMC Networks’ strong third-quarter results, CEO Josh Sapan said the zombie phenomenon has a…

AMC Networks delivered a mixed report this morning on its Q2 financial performance — lighter than expected on the top line, but better on the bottom — that shouldn’t affect investors’ thinking about their main question for the company: When’s it likely to be sold? The home of The Walking Dead reported net income of…

AMC Networks says this morning that its board has increased the company’s stock repurchase authorization by $500 million — giving itself, and its stock, a vote of confidence following a month when the share price declined about 10.4%. This morning’s news contributed to a slight lift in AMC’s stock price in pre-market…

With Wall Street fretting about mounting indications that pay TV is losing subscribers, AMC Networks CEO Josh Sapan urged analysts today to look at his company as a content producer — as well as an owner of channels. Exhibit A is the recent deal AMC Studios made to produce new content to be shown exclusively in the…

AMC Networks had already warned that “unfavorable comps” would hurt U.S. networks ad sales in Q1. So the 6.2% drop it reported this morning may already be baked into the stock, enabling the Street to focus on the other elements of a report that mostly exceeded analyst expectations. AMC generated net income of $136.2…

AMC Networks shares lost 29.9% of their value last year — but due to a quirk in the way it had to report compensation you wouldn’t know that from the package for CEO Josh Sapan. The proxy statement it just filed at the SEC shows him with $30.5 million, up 72.4%. Much of the increase is due to a shift in AMC’s pay…

AMC Networks is reportedly in the planning stages of launching a commercial-free streaming service that would be accessible to subscribers of its channels, according to a Reuters story today. If true that would differentiate it from stand-alone services like the ones offered by HBO or CBS, which don’t require a cable…