Top 4 AMC Competitors

AMC Networks is an entertainment company based in New York City, NY. It is among the largest producers of TV shows and independent films in the United States. It emerged under the name Rainbow Media in 1980 through the collaboration of four major cable TV firms – Comcast, Daniels & Associates, Cablevision, and Cox Communications. Apart from quite a few TV channels, AMC also owns a movie theater, a couple of independent film companies, and a few excellent streaming services.

Name	AMC Networks
Founded	1980
Headquarters	New York City, NY, US
SIC Code	4841
Status	Public, Independent Company
Industry Sector	Television and Films
Employees	2200
Trading Symbol	NASDAQ: AMCX

AMC similar companies:

Marcus Corporation, Regal Entertainment Group, Cineplex, Alamo Drafthouse and Cinemark.

AMC has come up with several amazing TV shows and independent films to date, and they have some really promising content lined up for the future. The company generates revenue of close to $3 billion from all its sources. But what about its competitors? Are they in the same league as AMC?

AMC Networks Competitors:

Lionsgate, Fox, Dreamworks Animation, HBO.

Who is AMC Biggest Competitor?

The biggest competitor of AMC Networks is Lionsgate. It was founded in 1997, about 17 years after AMC, by Frank Giustra. Through a number of major acquisitions and expansions, Lionsgate soon became a household name among TV show lovers and regular movie-goers. Even their subsidiaries like Spyglass and Pilgrim Studios are well known today.

How AMC Networks makes Money

The business model of AMC is quite like any other media and entertainment company. It creates video content like movies and TV shows and displays it on its associated platforms (TV channels, movie theaters, and digital streaming services). The company makes money out of the subscriptions of its customers for each of those platforms.

Movies and TV

The true value of the movies and TV industry was realized during the ongoing COVID-19 pandemic. What else could people have done during the incessant lockdowns but watch TV shows and films? AMC’s streaming services scaled greater heights, not only in the US but in many other parts of the world.

Lionsgate

Lions Gate Entertainment Corporation, shortened to Lionsgate, was established in Canada but is presently based in Santa Monica, CA. The company is majorly into the production of mainstream movies, but it isn’t too far behind in the television industry either.

Movies and TV

Lionsgate annual revenue of around $3.6 billion originates from various sources. The biggest one is movies, but its streaming app – Lionsgate Play – for smartphones is rapidly catching up.

Competitor – Fox

Fox Entertainment Group was formed sometime in the ‘80s, but its formal incorporation was in January 1990. Currently based in Los Angeles, CA, its parent company, 21st Century Fox, was recently acquired by Disney, thus merging all of Fox’s assets into the Walt Disney group.

Entertainment

Before its formal acquisition by Disney, Fox generated revenue of $13 billion. Its current statistics haven’t been released by Disney yet.

DreamWorks Animation

As the name suggests, DreamWorks Animation primarily produces animated movies and TV shows. A subsidiary of NBCUniversal’s Universal Pictures, it is headquartered in Glendale, CA.

Movies and TV

Founded by the likes of Steven Spielberg and David Geffen, DreamWorks’ revenue lies somewhere near the $1 billion range.

HBO

Home Box Office, popular in its abbreviated form, HBO, is a premium TV network and a streaming service. Founded in 1972, it is currently based in New York City, NY.

Movies and TV

Generating revenue of around $7 billion, HBO is best known for producing some of best TV shows and movies on the globe.

Conclusion:

Top 4 AMC Competitors: Lionsgate, Fox, Dreamworks Animation, HBO. They generate a total revenue of $27.6 billion between their 26,500 employees.

Competitor’s Stats:

Name	Founded	Headquarters	Employees
Lionsgate	1997	Santa Monica, CA, US	3500
Fox	1990	Los Angeles, CA, US	12,100
DreamWorks	1994	Glendale, CA, US	2700
HBO	1972	New York City, NY, US	6000