With Big ‘Silo’ Renewal By Apple TV+ And Return Of The “Netflix Effect”, AMC Networks Staying In Third-Party Licensing Game
deadline.comLast December’s two-season renewal of Apple TV+ series Silo was a boon to AMC Networks, whose studio arm produces the show.
But even though there’s no major follow-up project in the pipeline, top execs plan to remain in the third-party business. “Currently we’re producing pretty much exclusively for our AMC-owned platforms,” Dan McDermott, president of entertainment and AMC Studios, said Friday on a quarterly conference call with Wall Street analysts.
Nevertheless, he continued, “We do have a studio, we are able to produce for third parties when it’s beneficial to us and makes financial sense.
We do have a lot of interest in our studio content, so we’re going to be strategic and opportunistic as we go forward.” In 2023, AMC Networks collected $56 million in licensing fees for Silo, according to SEC filings.
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