AMC Networks Inc. (NASDAQ:AMCX)

The month of August 2023 was John Wick month on AMC channel in Vancouver, Canada. We got to view back to back marathons of the John Wick franchise for 31 days at various time slots.

John Wick: Chapter 1 (2014)
John Wick: Chapter 2 (2017)
John Wick: Chapter 3 - Parabellum (2019)

What got me writing about the John Wick franchise is something I've never seen before from another shoot 'Em' up and physical combat movies. Examples are scenes where John Wick double taps, triple taps, quadruple taps, quintuple taps and plus many more taps on his adversaries head. There are anatomy lessons scenes where he stabs his opponent in the artery and told them if they pulled out the blade they'll bleed to death, gun shot nick to artery where victim will die if they don't apply pressure to the wound, another scene is where a doctor asks John Wick (already knows) where to give him two non lethal shots to thwart the High Table judiciary from discovering he still assisted the patient when becoming excommunicado.

keanu Reeves is a Canadian actor who has an extremely successful acting career with The Matrix franchise and The John Wick franchise which proves and solidifies his acting abilities. When in his earlier acting years nearly everyone mocked his acting abilities and he was in Paula Abdul's Rush Rush (1991) music video. As the saying goes,"When life gives you lemons make lemonade." I guess Keanu in his early years accepted what roles he can get and use them to improve his acting skills and especially learn the Hollywood business, as soon as his Lister rating increased it is said that Keanu plowed some of his own money back into movie production to bulk up movie budget.

What makes me flip to AMC channel frequently is the way they air content, instead of airing hodgepodge contents of movies or shows of a variety of genres, they create themes to get viewers glued to their channel for hours, like for example like having marathon run of movie franchises or specific actors(male and female, I just learned the use of actress is politically incorrect). What I would like them to do is a marathon of Generation X themed films. I promise you non violent films.

My 5 favorites...

The Breakfast Club (1985)
Reality Bites (1994)
Singles (1991)
Clerks II (2006)
Empire Records (1995)
Mallrats (1995)

Some worth mentions that I can think of at time of writing...

BASEketball (1998)
Chasing Amy (1997)
Clerk (1994)
Clerk III (2022)
Dodgeball: A True Underdog Story (2004)
Wayne's World (1992)

AMC Networks Inc. (NASDAQ:AMCX) had its share prices eroded for years by streaming services. The tide is maybe changing because what streaming services use to offer, such as low subscription price(way below industry pricing), commercial free, password sharing, and impressive library of 2 years and older movies. When streaming services started producing or buying exclusive shows they must raise funds to finance or pay for them. This is why streaming services are raising subscription prices, eliminating password sharing, and selling time slots to commercial ads. I'm counting on a mass exodus of streaming service subscribers canceling subscriptions in PROTEST and hopefully influx subscription to cable because we all must watch television and cable is the other alternative to streaming. Also cable doesn't need internet for optimal experience.

MagicFormulaInvesting pick.

The P/E is under 5. With all of the companies competing in the streaming space I could see AMCX getting bought out for the exclusive rights to content.