Size doesn't always matter, AMC Networks Chief Executive Officer Josh Sapan told an audience of investors at Thursday's Gabelli media and entertainment conference."Big is better if it's really good stuff, and big is worse and is a weight if it's not really good stuff," said Sapan.AMC Networks, which airs hit programs such as "The Walking Dead" and "Portlandia" through its AMC and IFC channels, is a mid-sized media company. At a time of consolidation, that could make the television company...
As CEO of AMC Networks since 1995, Josh Sapan has worked tirelessly to ensure all of AMC Networks’ properties — now including cable channels AMC, IFC, SundanceTV, WE tv, and BBC America (a joint venture with BBC Worldwide) as well as IFC Films, Sundance Selects, and AMC Networks International — uphold the company’s high standards for quality and originality.
His efforts have built the company into one of the most influential entertainment brands in existence today. Early gambles like “Mad Men” and “Breaking Bad” paid off in ratings, critical acclaim, and awards while rebranding the former American Movie Classic’s channel into a go-to network for original drama. It also spurred other cable networks to invest in original scripted fare.
Sapan used the lessons learned from that experience to help IFC, SundanceTV, and WE tv redefine their brands and offer content specific to those audiences, like IFC’s “Portlandia” and “Documentary Now!” and SundanceTV’s “Rectify” and “The Honorable Woman.”
A recent $65 million investment and partnership agreement in RLJ Entertainment is a strategic move to bolster AMC Networks’ digital and international expansion plans, building upon RLJ’s streaming experiences with AcornTV and Urban Movie Channel, and content opportunities Acorn’s UK-based production arm.