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Can AMC+ Be Saved?

The niche streamer—a Dolan family pet project which just beat Wall Street’s expectations—seems like fish food in the streaming wars. But has it already negotiated its way out of an acquisition?

AMC Networks chairman Jim Dolan recently appointed his spouse and longtime AMC board member, Kristin Dolan, as the company’s new C.E.O.
AMC Networks chairman Jim Dolan recently appointed his spouse and longtime AMC board member, Kristin Dolan, as the company’s new C.E.O. Photo: Ilya S. Savenok/Getty Images for AWXII
Julia Alexander
February 22, 2023

I was having drinks with an industry friend the other night when the conversation turned to AMC Networks. It wasn’t about chairman Jim Dolan, the New York sports supervillain threatening to ban liquor at Rangers games, or his decision to appoint his wife and longtime AMC board member, Kristin, as the company’s new C.E.O. Or even AMC’s recent earnings reveal, which beat expectations, sending the stock soaring 27 percent. Mainly, we talked about something Dolan said during a rare earnings call appearance: “A customer can sign up, binge your product for a month, and then leave you.”