NEW YORK – Canadian television service providers may soon have to pay more for popular U.S. channel AMC.
According to a Multichannel News report, CEO Josh Sapan said AMC is worth 75 cents a month per subscriber, about double what the network gets now.
Speaking at an investor conference on Thursday for the first time since AMC Networks was spun off as a public company from Cablevision Systems, Sapan said that the network has come a long way in the last four years, citing its critically acclaimed original programming.
“It’s literally almost a different channel”, he said. “A channel without Mad Men, Breaking Bad, Walking Dead, The Killing and Hell on Wheels is not a channel that has five of the best and most important and most widely acknowledged shows on the television dial. We think it is a channel that is deserving of a rate, if you look at it independent of history and incumbency of 75 cents."
