AMC Networks Expects 4 Million SVOD Subs by Year-End

AMC Networks May 5 said it expects to generate 3.5 million to 4 million combined paid subscribers for its four SVOD services — Acorn TV, Shudder, Sundance Now and UMC (Urban Movie Channel) — by the end of the year, two years ahead of the company’s original target.

AMC acquired home entertainment distributor RLJ Entertainment in 2018 for $65 million largely for British-centric programming service Acorn TV and UMC. Notably, Acorn TV launched in the United Kingdom in Q1 — nine years after bowing in the United States as an alternative to Netflix and Amazon Prime Video.

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Separately, AMC, whose signature original programming includes “The Walking Dead,” “Killing Eve,” and “Breaking Bad” spin-off “Better Call Saul,” inked a distribution deal with ViacomCBS ad-supported streaming VOD platform Pluto TV.

“We continue to make significant progress on our digital initiatives … is enabling us to navigate this challenging time and will continue to serve us well when this [coronavirus] environment stabilizes,” CEO Josh Sapan said in a statement.

Indeed, as it is worldwide, the impact of COVID-19 and measures to prevent its spread significantly affected AMC Networks’ ad revenue and pay-TV business in the quarter and going forward.

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Revenue in the quarter dropped 6.4% to $735 million, while operating profit plummeted nearly 30% to $173 million compared to the previous-year period. Beginning in mid-March, the company experienced adverse advertising sales impacts and suspended content production, which has led to delays in the creation and availability of some of its television programming.

Operationally, nearly all AMC Networks employees are working remotely, and the company has restricted business travel. AMC expects current second quarter revenue to fall 30%.

“In what has been a unique operating environment, [we] continue to generate significant levels of free cash flow and remain well capitalized with a strong balance sheet and strong liquidity,” Sapan said.

AMC Networks Moves Up ‘Killing Eve’ Season Three Debut

AMC Networks has moved up the season three premiere of award-winning drama “Killing Eve” by two weeks to April 12. All eight new episodes will be simulcast on BBC America and AMC.

The third season continues the story of two women with brutal pasts, addicted to each other but now trying desperately to live their lives without their drug of choice. For Villanelle (Jodie Comer), the assassin without a job, Eve (Sandra Oh) is dead. For Eve, the ex-MI6 operative hiding in plain sight, Villanelle will never find her. All seems fine until a shocking and personal death sets them on a collision course yet again.

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Stars Sandra Oh, Jodie Comer, Fiona Shaw, Kim Bodnia, Sean Delaney and Owen McDonnell return with new cast additions: Dame Harriet Walter (“Succession”), Danny Sapani (“Harlots”), Gemma Whelan (“Game of Thrones”), Camille Cottin (“Call My Agent”), Steve Pemberton (“Inside No. 9”), Raj Bajaj (“A Christmas Prince: The Royal Wedding”), Turlough Convery (Ready Player One), Pedja Bjelac (Harry Potter) and Evgenia Dodina (One Week and a Day).

“Killing Eve” season two is available on BBCAmerica.com, AMC.com, and the BBC America and AMC Apps. First two seasons are also available on Hulu, download-to-own platforms and Blu-ray/DVD.

Season 2 of ‘Killing Eve’ on Disc June 18

BBC Studios will release Killing Eve: Season Two on Blu-ray and DVD June 18.

Picking up where the first season left off, MI6 operative Eve (Golden Globe winner Sandra Oh) renews her search for the psychopathic assassin Villanelle (Jodie Comer).

Extras include featurettes about the characters of Eve, Villanelle and Carolyn; the “Killing Eve” costume designer; filming on location; bringing the script to the screen; and new characters.

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BBC Studios will also release Luther: Season 5, starring Idris Elba, on DVD July 9, and a Luther: The Complete Series on DVD July 16.

BBC Releasing Season One of ‘Killing Eve’ on Disc Oct. 9

BBC Studios will release Killing Eve: Season One on Blu-ray and DVD Oct. 9.

The Emmy-nominated series stars Sandra Oh as a bored MI5 security officer confronting a mercurial killer (Jodie Comer) in a game of cat and mouse.

Oh was the first Asian woman nominated for the Emmy for Outstanding Lead Actress in a Drama Series for her role. Phoebe Waller-Bridge was nominated for a writing Emmy.

A second season will air on BBC America in Spring 2019.