After the Skydance-Paramount merger and Comcast spinoff, these are the media deals industry insiders think could be next [Business Insider]
AMC Networks Inc. - Class A (AMCX)
Last amc networks inc. - class a earnings: 2/26 07:00 am
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Source: Business Insider
Paramount is widely expected to unload assets It's taken as a given in the industry that Paramount will pare down, as it's tried to do for years, now that its Skydance merger is imminent and the company is poised to install former NBCUniversal CEO Jeff Shell at the helm. Co-CEO George Cheeks has said the company is evaluating sales of assets to shave $500 million in costs , which could include BET Media and the Paramount Pictures lot. (It's already been in talks to sell BET to a group led by CEO Scott Mills.) Leaders have insisted they're keeping CBS. But Paramount's networks face the same tough market as the rest of the linear landscape. Some see Showtime as a prime target for Starz, the cable network that's shifting to streaming with its imminent spinoff from studio Lionsgate. Starz could be on the hunt for assets to help it bulk up Comcast SpinCo could be a buyer or a seller NBCU executive Mark Lazarus, who will be SpinCo's CEO, has talked it up as a buyer. It certainly
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AMCX
Earnings
- 11/8/24 - Beat
AMCX
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 3
- 11/13/24 - Form SCHEDULE
- AMCX's page on the SEC website