OFFICIAL PRESS RELEASE AMC
New York, NY – May 7, 2021: AMC Networks Inc. (“AMC Networks” or the “Company”) (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2021.
President and Chief Executive Officer Josh Sapan said: “AMC Networks had solid performance in the first quarter and we are on course to meet our 2021 financial and streaming targets, including reaching at least 9 million paid subscribers by year end. The transition of the company to be the worldwide leader in targeted streaming on the strength of our focused, strong content continues on track. The support of our distribution partners for our streaming efforts and our advanced advertising strides are providing us with both stability and momentum. We believe the high viewer engagement, efficient economic model, and pricing power of our streaming offerings provide us with important strategic advantages which, when coupled with our valuable linear channel offerings, wi
AMC Networks, Shaftesbury Forge New Strategic Partnership
Elaine Low, provided by
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AMC Networks and Toronto-based Shaftesbury have entered into a new strategic partnership that, through an investment in Shaftesbury, will grant AMC access to the production company’s slate and expand its content and development capabilities in Canada.
The partnership, which builds on AMC and Shaftesbury’s existing production ties, was forged with the intention of growing Shaftesbury’s content slate across genres and creating more opportunities for Canadian creators both in front of and behind the camera. Shaftesbury is known as the studio behind Acorn TV titles such as “Murdoch Mysteries”; Acorn TV is a subsidiary of AMC Networks.
Canadian production company Shaftesbury forms strategic partnership with AMC Networks
by Victoria Ahearn, The Canadian Press
Posted Feb 2, 2021 9:52 am EDT
Last Updated Feb 2, 2021 at 9:58 am EDT
TORONTO Canadian production company Shaftesbury of “Murdoch Mysteries” fame has formed a new strategic partnership with AMC Networks in the U.S., which it says might result in more of its shows winding up on American television.
The Toronto-based Shaftesbury whose other series include “Departure,” “Frankie Drake Mysteries” and “Hudson & Rex” says AMC’s investment will give the American entertainment company access to its slate.
Shaftesbury CEO and chairman Christina Jennings says the hope is that AMC buys more of its content for the U.S. market and provides intelligence about the type of content it’s looking for, so the Toronto company can develop it.
Victoria Ahearn
Constable Crabtree (Jonny Harris), left, and Detective Murdoch (Yannick Bisson) are shown in the season 10 debut of Murdoch Mysteries in this undated handout photo. THE CANADIAN PRESS/HO - CBC, Christos Kalohoridis MANDATORY CREDIT February 02, 2021 - 6:52 AM
TORONTO - Canadian production company Shaftesbury of Murdoch Mysteries fame has formed a new strategic partnership with AMC Networks in the U.S., which it says might result in more of its shows winding up on American television.
The Toronto-based Shaftesbury â whose other series include Departure, Frankie Drake Mysteries and Hudson & Rex â says AMC s investment will give the American entertainment company access to its slate.