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AMC Networks’ Lower Distribution, Ad Revenue At U.S. Nets Damp Q3 Sales, Profit; Sees Up To 5.5M SVOD Subs By Year End
AMC Networks anticipates 5.5 million SVOD subscribers by year end including its new AMC+ premium offering, but lower distribution and ad revenue — in-part COVID related — squeezed earnings and
Continue reading »AMC Networks Beats Street, Stock Pops As Q2 Profit Dips On Charges & Ad Sales Softer On COVID-19
AMC Networks’ net income plunged to $15 million, or $0.28 a share for the second quarter, versus $129 million or $2.25 the year before, hit by hefty write downs for
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