You will be redirected back to your article in seconds

AMC Networks Chief Josh Sapan Says Size Doesn’t Always Matter in Media

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 an attractive acquisition target or a motivated buyer.

Billionaire John Malone, for instance, has predicted that there will be period of mergers and marriages as media companies look for ways to weather the technological shifts that are changing the way that consumers watch movies and shows. Wall Street is watching closely to see if Malone will help orchestrate a union between Lionsgate and Starz, two smaller media companies.

Sapan believes that the sudden drive to grow is rooted in fear.

“What’s behind that is most often the question of protection … if I’m big, I can protect my flanks and won’t have incursions that are unwelcome or unwanted,” he said.

That might not be enough. At a time when consumers are streaming shows and movies when they want to see them and on a device of their choosing, quality is more important than scale, Sapan suggested.

“All the technological change puts more power in the hands of the consumer,” he said. “Technology increasingly puts weight in the hands of consumers and companies cannot or can less dictate what consumers should do.”

More Film

  • Woody Allen Developing Next Film With

    Woody Allen Teams with Spain’s Mediapro for Next Film

    MADRID — Woody Allen is re-teaming with Spain’s Mediapro, one of Europe’s biggest independent film-TV companies, to develop his next film with an eye it seems to shooting in Spain. Mediapro co-financed and co-produced two of Allen’s highest-grossing movies, 2008’s “Vicky Cristina Barcelona,” which grossed $96.4 million worldwide, and 2011’s “Midnight in Paris” which earned [...]

  • 'Stitches' Review: Berlin Film Festival

    Berlin Film Review: 'Stitches'

    An elegant hybrid of true-story exposé and slow-moving arthouse thriller, Serbian director Miroslav Terzić’s sober sophomore feature “Stitches” takes a familiar idea — a lone crusader taking on a corrupt system in pursuit of the truth — but delivers an unusually thoughtful, psychologically compelling character study. Taking its cue from Snežana Bogdanović’s eerily composed but fathomless [...]

  • Aruna and Her Palate review

    Berlin Film Review: ‘Aruna & Her Palate’

    When mouthwatering Indonesian cuisine and romance are on the table, “Aruna & Her Palate” is a bouncy crowd-pleaser. Less tasty is the backdrop of a suspected bird flu outbreak that brings a food-loving epidemiologist into contact with her secret crush. Adapted from Laksmi Pamuntjak’s 2014 novel “The Bird Woman’s Palate,” “Aruna” manages to overcome its [...]

  • 'Duke' Review: Two Fake Cops Patrol

    Film Review: 'Duke'

    If you can envision “Let’s Be Cops” reconstituted as a noirish psychodrama, you may be adequately prepared for “Duke,” an uneven but arresting indie thriller about two siblings who are driven to heroic extremes by childhood traumas. Co-directed by twin brothers James and Anthony Gaudioso, who also appear in strikingly different supporting roles, the film [...]

  • Greek Director Probes Deeper Issues in

    Greek Director Probes Deeper Issues in Berlin Festival Film 'Sargasso Sea'

    After a sudden suicide turns a small eel-farming town upside down, an investigation unearths troubling secrets about the town’s past. Those discoveries will bring together two women trapped in solitary lives, offering each a chance to find salvation. “The Miracle of the Sargasso Sea” is the third feature by Greek director Syllas Tzoumerkas. Starring frequent [...]

  • Xavier Legrand Custody

    France's Cesar Awards Leads the Way for the Oscars

    Since 2011, France’s Académie des Arts et Techniques du Cinéma has steadfastly held its annual awards ceremony the Friday before the Academy Awards. And if launching the Césars two days before the Oscars holds a real, practical benefit — allowing those walking both red carpets time to linger over their last flutes of Champagne before [...]

More From Our Brands

Access exclusive content