AMC Networks (NASDAQ:AMCX) is taking yet another step to separate itself from its rivals by purchasing the North American broadcast rights to Preacher, Fool contributor Tim Beyers says in the following video.
Badass Digest first reported rumors of a deal, which Bleeding Cool has since confirmed. Seth Rogen, Evan Goldberg, and Breaking Bad series writer Sam Catlin are developing the pilot for Sony (NYSE:SNE), Bleeding Cool reports.
Investors should applaud the move, Tim says. Not only are Rogen and Goldberg comic book fans (a good indicator when it comes to handling genre properties) but Sony and AMC have a track record going back to Breaking Bad. The two networks are also developing a spinoff of the series based on Bob Odenkirk's delightfully odious criminal lawyer, Saul Goodman. Collaboration shouldn't be an issue here.
The bad news, if there is any, is that we've been down this path before. Preacher co-creator Garth Ennis first sold the film rights in the late '90s. HBO ordered a pilot in 2006, only to abandon the project two years later. History isn't on the series' side. Tim says AMC, with its penchant for adapting adult-themed comic books that others won't touch, may finally be the right partner.
Do you agree? Do you want to see Preacher come to AMC? Please watch the video to get Tim's full take, and then leave a comment to let us know what you think.