AMC Planning a New Streaming Service for Cable Subscribers
March 27, 2017
According to inside sources, AMC Networks plans to target millennials with its own ad-free, online streaming service. However, distinguishing itself from today’s collection of standalone options, AMC’s offering will reportedly be made available exclusively for cable subscribers, a move meant to support the pay TV industry as it faces a growing number of cord cutters. “AMC is discussing featuring digital-only spinoff shows of its existing programs like ‘The Walking Dead’ and is considering pricing between $4.99 to $6.99 a month,” reports Reuters. “Packaging the service as an add-on to existing cable bills allows AMC to curry favor with cable and satellite companies.”
The move could also be a way for AMC “to recoup lost ad revenue” in a changing landscape. And it could be a way to grow audiences for the network’s popular shows. Nielsen figures indicate that AMC “currently has four of the top 10 highest rated shows with adults 25-54 in ad-supported cable,” notes Reuters.
AMC has introduced other streaming-only options in the past, including its horror-based Shudder, and one for its Sundance network. “The company also has an online application where cable subscribers can view its network with commercials.”
No Comments Yet
You can be the first to comment!
Sorry, comments for this entry are closed at this time.