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AMC Networks Interim CEO Touts “Beauty of Small Numbers,” Sees No Need to “Scale by Acquisition”

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Former Showtime Networks chief Matt Blank spoke during the company's third-quarter earnings conference call.

, the company behind the AMC, IFC and Sundance Channel networks, as well as niche streaming services like horror-centric Shudder, is in “a great position with several notable strategic advantages,” including its smaller size that allows it to benefit from the “beauty of small numbers,” interim CEO Matt Blank said on Friday.

Asked about Lionsgate’s decision to consider a separation of Starz and AMC Networks’ appetite for boosting its scale via mergers or acquisitions given its smaller size, Blank said about Starz that “we’ll see if they go anywhere.” About AMC Networks, he said: “We don’t feel that it is necessary for us to scale by acquisition in any way, shape or form.” Added the interim CEO: “The model is working ” and “sustainable.

 

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