AMC Networks U.S. Ad Revenue Drops 13 Percent, Streaming Subs Rise to 11.5M [Yahoo! Finance]
AMC Networks Inc. - Class A (AMCX)
Last amc networks inc. - class a earnings: 2/26 07:00 am
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Source: Yahoo! Finance
Shudder — reported a 13 percent drop in first-quarter U.S. advertising revenue on Friday, following a 23 percent decline in the fourth quarter of 2023. After returning to streaming subscriber growth in the third quarter of last year after two quarters of declines, the company added 100,000 users in the first quarter to end March with a total of 11.5 million subs, compared with 11.4 million as of the end of the year and 11.2 million as of the end of March 2023. More from The Hollywood Reporter Alberto Barbera Extends Contract as Venice Film Festival Director Through 2026 Eurovision: Israel's Entrant Booed During Rehearsal 'Red, White & Royal Blue' Sequel Set at Amazon Quarterly streaming revenues increased 3 percent to $145 million, “primarily driven by year-over-year subscriber growth and price increases,” AMC Networks said. Affiliate revenue fell 14 percent, “primarily due to basic subscriber declines.” Content licensing revenues declined 40 percent to $62 million as the
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AMCX
Earnings
- 5/10/24 - Miss
AMCX
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/15/24 - Form 4
- AMCX's page on the SEC website