BBC AMCerica I’ve gotten a LOT of questions on this website about this transaction. “AMC Networks has acquired full control of BBC America, its joint venture with BBC Studios.” https://lnkd.in/eh8nvSWy This is a pretty easy one to suss - and a crystal clear indication of two companies going in two VERY different directions… AMC is still controlled by OG Cable TV royalty, the Dolan family. Their CEO is Kristin Dolan. They are tripling down on what they know: Cable TV. Yes, it’s a dying business, but BBCA still spins off cash from affiliate fees and advertising, and, up until now AMCN only got 49.9% of the fruits of their labor. Additionally, this deal eliminates substantial long term contractual and financial obligations AMC has had to BBC Studios. Considering the immediate upside, and what they paid for the first half ($200 mil), $42 mil ain’t a bad price to pay. BBC Studios is the for-profit arm of BBC. They recently acquired BritBox International. As BBC Studios Media CEO Rebecca Glashow said, they are “expanding and diversifying our market presence in the U.S,” aka focusing on content arms-dealing and solidifying their streaming business. Thus, the influx of cash, as well as the divorce of exclusivity to BBCA, makes a ton of dollars and cents. Happy to answer more questions in the chat. But this one is not a complicated puzzle to piece together.
I’ve said it since day 2 of “COVID”. The global elitists and Islamic state will buy everything up and create their own radio, tv, and theaters
AmC can't afford to license BBC content for these prices when they are losing cable subscibers , BBC knows this ... they cut and run.. BBC Studios in the US is where they make big money, Re Fomatting UK and global hits for the US market ,... And BBC , in my humble opinion may want to quickly remove their content from a fast shrinking market that could taint it by association
Not sure the new BBC AMCerica will be able to license that much valuable content from other U.K. Studios. Most have deals already in place with the majority of their content. Amazon has also been active with available low-cost subscriptions for platforms that have co-distribution deals in the U.K. I think it’ll be an expensive write-off in lost investment for AMC.
No b
The BBC branding in the USA was a tad misleading🥸
ouch. and a headache for brand management now lol
That thumbnail says it all.
Would AMC get the BBCA library?
Strategic Streaming - It's about the tech and the talent
9moAny idea if it generates cash or consumes it right now? My sense would be that the real value was in the first 0.2% and the rest is either gravy or arsenic. Would be interesting to understand which.