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New Value for Shows Like ‘Mad Men’: Lions Gate CEO
21 Mar 2012 EDT - CNBC.com
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After a long hiatus, the fifth season of “Mad Men” premieres Sunday, with plot details under tighter security than a Facebook IPO.

While you have to wait to find out what happens to Don Draper and the rest of the 1960s advertising agency, series creator Matt Weiner told CNBC Wednesday the hiatus wasn’t something he wanted.

“We do believe in scarcity. We only have 13 episodes this season. But there was a programming decision by the network we would not be on the air” for 17 months. “I thought it was crazy,” he said. “I fought it, but it turns out it might be OK."

Weiner, Jon Feltheimer, CEO of “Mad Men” producer Lions Gate Entertainment, and members of the cast rang the opening bell at the New York Stock Exchange Wednesday.

Jon Hamm, the actor who plays lead character Don Draper, said he was surprised the series has lasted so long, and noted its affect on AMC, once part of Cablevision Systems.

“We started this trip six years ago, a little show on a network that had no original programming, and here we are six years later and they’ve got a stable of shows on AMC,” he said. “We’re just thrilled to be back and thrilled we’ve made this impact.”

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