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Stock Market & Financial Investment News

News Breaks
January 14, 2013
08:21 EDTAMCXAMC Networks best way to play media space M&A theme, says Susquehanna
Susquehanna expects M&A in the media space will get increased attention in 2013 and sees AMC Networks as the best way to play this theme. The firm believes the company makes sense as a possible target because an acquirer may believe it can accelerate advertising revenue growth and that AMC Networks channels would be able to negotiate higher affiliate fee increase if it were part of a larger bundle. Shares are Positive rated with a $61 price target.
News For AMCX From The Last 14 Days
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October 13, 2014
17:25 EDTAMCXAMC's 'The Walking Dead' premiere draws 17.3M viewers, WSJ says
AMC Networks' “The Walking Dead” recorded 17.3M viewers Sunday night, setting a ratings record for the show, says the Wall Street Journal. Last seasons premiere had 16.1M viewers, added the Wall Street Journal. Reference Link
October 9, 2014
07:17 EDTAMCXIAC in talks to buy Korean web video service DramaFever, Re/code reports
Korean web video service DramaFever is looking to either sell the company or raise a round of funds, and IAC (IACI) has held talks to buy the company, Re/code reports. DramaFever has also talked to AMC Networks (AMCX) about helping the programmer launch its own Web video subscription services. Valuations for DramaFever have ranged between $80-140M. Reference Link

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