This company has a greater balance shift toward scripted than unscripted, but given that many Prime Video subscribers have access via the greater Amazon Prime service, subscription churn should be mitigated. The MGM+ cable network averaged a scripted show every 2 months in 2022, so will not be too impacted if a couple of months pass without an original.The only reason AMC’s impact is not anticipated as high is its networks program originals just one night a week.
The only reason Lionsgate is not a high-risk company is it can also dwell on a film library and the fact that its 10 scripted originals in 2022 are amortized over 12 months .While NBC may feel the effect of a strike, it can license content from corporate sibling Peacock to fill the gaps. Peacock itself will be impacted, but the lack of a breakout streaming hit protects it somewhat as originals are not a strong subscription driver.