With Its Zombies, AMC Is the Walking Deal
Did the TV network behind “The Walking Dead” just put up a for-sale sign?
A one-trick, undead pony.
Gene Page/AMC via Associated Press
AMC Networks Inc. is the zombie of the merger market. It’s time the company goes toward the light.
As some analysts and investors have feared, the TV-network operator seems to be staking its future on “The Walking Dead,” its hit series about a zombie apocalypse, which premieres its ninth season next month. AMC Networks wants to make “The Walking Dead” live forever, as my Bloomberg News colleague put it Wednesday, citing people familiar with the matter who say there are plans to produce multiple movies and new TV shows for the franchise and that the company is holding discussions with large media companies about partnering on such projects.