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---
description: The network&#x27;s shares slid 12 percent on news of underwhelming first quarter profits and overwhelming costs
title: AMC&#x27;s Profits Slip in Search for &#x27;Walking Dead&#x27; Successor
image: https://static.time.com/v3/assets/bltea6093859af6183b/blt6ea1f55e34756be1/69868e7ce8524baace602c94/184247791.jpg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
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# AMC Profits Slip in Search for Next _Walking Dead_\-Sized Hit


![Dan Kedmey](https://static.time.com/v3/assets/bltea6093859af6183b/blt1fcb9e8a614ad0c9/6986a6b3d0b6f22eb2306735/dan-kedmey-time.jpg?branch=production&width=3840&quality=75&auto=webp&crop=1:1)

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[Dan Kedmey](/author/dan-kedmey/)


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## Dan Kedmey


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May 8, 2014 6:19 PM CUT

!["The Walking Dead" Panel At New York Comic Con](https://static.time.com/v3/assets/bltea6093859af6183b/blt6ea1f55e34756be1/69868e7ce8524baace602c94/184247791.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

"The Walking Dead" Panel at New York Comic Con at Jacob Javits Center on October 12, 2013 in New York City.

"The Walking Dead" Panel at New York Comic Con at Jacob Javits Center on October 12, 2013 in New York City.Laura Cavanaugh— Getty Images

![Dan Kedmey](https://static.time.com/v3/assets/bltea6093859af6183b/blt1fcb9e8a614ad0c9/6986a6b3d0b6f22eb2306735/dan-kedmey-time.jpg?branch=production&width=3840&quality=75&auto=webp&crop=1:1)

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[Dan Kedmey](/author/dan-kedmey/)


![Dan Kedmey](https://static.time.com/v3/assets/bltea6093859af6183b/blt1fcb9e8a614ad0c9/6986a6b3d0b6f22eb2306735/dan-kedmey-time.jpg?branch=production&width=96&quality=75&auto=webp)

## Dan Kedmey


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May 8, 2014 6:19 PM CUT

AMC networks has one genuine blockbuster show under its belt with the smash success of _The Walking Dead_, but its costly search for another hit has put shareholders on edge.

The network’s sales climbed 37% last quarter to $524.6 million, but its expenses galloped at even faster clip, climbing 48% to $376.9 million.

It has invested heavily in a new line-up of shows, including a _Breaking Bad_ spinoff, which analysts fear could take a zombie-like chomp out of the company’s profit margins. It’s unlikely _Better Call Saul_ will reach the popularity of _The Walking Dead_, which became the [top-rated Sunday night show](http://entertainment.time.com/2013/10/29/not-dead-yet-walking-dead-renewed-for-5th-season/ "undefined") among viewers aged 18 to 49 during its fourth season last fall.

AMC’s shares fell 12% on news of the first quarter earnings, Bloomberg [reports](http://www.bloomberg.com/news/2014-05-08/amc-profits-dented-by-costs-to-find-next-walking-dead-.html "undefined"), following a record 18% drop on Wednesday.

\[[_Bloomberg_](http://www.bloomberg.com/news/2014-05-08/amc-profits-dented-by-costs-to-find-next-walking-dead-.html "undefined")\]

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