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Even 'The Walking Dead' Can't Help AMC Network's Earnings

AMC Networks (AMCX) , one of the smaller media companies that could be scooped up in the industry's bubbling consolidation, showed the difficulty in remaining independent Thursday when it reported a 7.7% drop in net income.

AMC reported $77.2 million, or $1.05 s share, badly missing analysts' expectations of $1.29 a share.

However, the owner of cable channels that air The Walking Dead, Orphan Black and others reported quarterly revenue of $684.8, a 13.9% hike that beat the analyst consensus of $678.1 million.

"We remain confident...


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