By Dade Hayes Finance Editor Mad Men, a cornerstone of Lionsgate’s TV library, is seeing above-expected demand due to the COVID-19 production shutdown and surging investment in streaming, television chairman Kevin Beggs said Thursday.
The show, which completed its seven-season, Emmy-decorated run on AMC in 2015, has been streaming on Netflix, which first made a deal for the show in 2011 at nearly $1 million an episode.
Lionsgate has spent the past few months shopping global rights to the series, with the price having skyrocketed over the past decade.
Speaking on a conference call with Wall Street analysts, Beggs sounded optimistic that a deal was imminent. Distribution president Jim Packer and his group have “been in a four-month sales
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