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AMC Networks sees international revenue growth
AMC Networks, the international thematic channel operator, saw revenues from its international networks rise by 30%. The company, which operates channels including US cable network AMC, Sundance Channel and WEtv, also saw its second quarter profit rise by 23% to US$27.2 million (€19.1 million) and revenue rose 12% to US$292 million.
President and chief executive officer Josh Sapan said: “For the second quarter of 2011, AMC Networks delivered solid increases in net revenues and AOCF, driven primarily by the ongoing strength of our national networks. With a record 31 Primetime Emmy nominations this year, we continue to focus on investing in quality original programming to drive ratings, differentiate our brands and provide value to our distributors and advertisers.”