Welcome to our dedicated page for Amc Networks news (Ticker: AMCX), a resource for investors and traders seeking the latest updates and insights on Amc Networks stock.
AMC Networks Inc. (AMCX) delivers premium entertainment through iconic brands like AMC, WE tv, and streaming service AMC+. This news hub provides investors and industry professionals with timely updates on the company's strategic initiatives and operational developments.
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Discover updates on award-winning scripted series, streaming growth metrics, and international expansion through AMC Networks International. The page serves as your primary source for understanding the company's response to evolving media consumption trends and competitive positioning.
Bookmark this page for streamlined access to AMCX's latest business developments, including partnership announcements, content distribution agreements, and financial disclosures. Check regularly for comprehensive coverage of this entertainment leader's ongoing operations.
AMC Networks (NASDAQ: AMCX) has announced it will release its first quarter 2025 financial results before market opening on Friday, May 9, 2025. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results.
The conference call will be accessible via webcast on the company's investor relations website. Telephone participants must pre-register to obtain dial-in details. Internet replays will be available approximately two hours after the call concludes.
AMC Networks operates multiple streaming services including AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, along with cable networks AMC, BBC AMERICA, IFC, SundanceTV, and We TV. The company also manages AMC Studios and AMC Networks International.
Spectrum and AMC Networks have announced that Spectrum TV Select customers now have access to ad-supported AMC+ at no additional cost, as part of an $80 retail app value package. The streaming service, which typically retails at $6.99 per month, offers premium content including popular originals, new seasons from The Walking Dead Universe, and classic series like Mad Men.
This integration stems from a multi-year programming renewal agreement announced in September. Spectrum TV Select customers who previously subscribed to Ad-Free AMC+ ($9.99/month) will receive a $7 monthly discount. The service includes content from AMC, BBC America, IFC, SundanceTV, Shudder, Sundance Now, and IFC Films Unlimited.
Along with AMC+, customers can access other streaming services through the Xumo Stream Box, including ad-supported Max, Disney+, ESPN+, Paramount+, Peacock, ViX, and Tennis Channel, with more services planned for later this year.
AMC Networks (AMCX) reported its Q4 and full-year 2024 results, achieving full-year guidance across key financial metrics. The company generated $331 million in free cash flow and increased expectations to approximately $550 million cumulative free cash flow over '24/'25.
Full-year highlights include net revenues of $2.421 billion, with streaming revenues increasing 7% to $603 million. Streaming subscribers grew 8% to 12.4 million compared to 11.4 million in 2023. The company reported an operating loss of $40 million and Adjusted Operating Income of $563 million.
For Q4 2024, net revenues were $599 million with an operating loss of $254 million, which included impairment charges of $303 million. The company completed significant affiliate renewals representing almost half of its domestic subscriber base and expanded its FAST channels business to 19 channel brands across 12 platforms.
AMC Networks (NASDAQ: AMCX) has announced it will release its fourth quarter and full year 2024 financial results on Friday, February 14, 2025, before the market opens. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results.
The conference call will be accessible through a live webcast on the company's investor relations website. Interested participants can pre-register to obtain dial-in numbers and passcodes for telephone access. Internet replays will be available approximately two hours after the call concludes.
AMC Networks operates multiple streaming services including AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, alongside cable networks AMC, BBC AMERICA, IFC, SundanceTV, and We TV. The company also manages AMC Studios and film distribution labels IFC Films and RLJE Films.
AMC Networks (AMCX) reported Q3 2024 financial results with net revenues of $600 million, down 6% year-over-year. Streaming revenues increased 7% to $152 million, with subscribers growing 5% to 11.8 million. The company generated $293 million in free cash flow year-to-date. Operating income was $94 million, while Adjusted Operating Income was $131 million with a 22% margin.
Key developments include renewing major affiliate agreements with Charter, launching AMC series on Netflix, and acquiring the remaining 50.1% of BBC America joint venture. Domestic Operations revenues decreased 2% to $530 million, while International revenues declined 24% to $74 million. Diluted EPS was $0.76, and Adjusted EPS was $0.91.
AMC Networks (NASDAQ: AMCX) has announced it will report its third quarter 2024 results on Friday, November 8, 2024. The company will hold a conference call at 10:00 a.m. Eastern Time, following the release of results before market opening. The call will be webcast live on the company's investor website, with replay available approximately two hours after completion. Pre-registration is required for telephone access to the conference call.
AMC Networks and Charter Communications have announced an early multi-year renewal of their distribution agreement. Key points include:
1. Charter will continue to carry AMC Networks' linear cable networks.
2. The ad-supported version of AMC+ will be included at no additional cost for Spectrum TV Select customers.
3. AMC+ will be available for purchase by Charter's Internet-only customers.
4. Spectrum TV Select Plus customers will receive over $40/month in retail value for streaming apps.
5. The deal includes continued access to AMC Networks' cable portfolio, featuring popular shows like The Walking Dead Universe and Dark Winds.
This agreement aligns with Charter's strategy of enhancing its content offerings and AMC Networks' goal of expanding viewer access to its programming.
AMC Networks Inc. (NASDAQ: AMCX) reported Q2 2024 financial results, highlighting strategic progress in programming, partnerships, and profitability. Key developments include:
1. A new content licensing agreement with Netflix for 15 AMC branded shows.
2. A licensing partnership with Sky for The Walking Dead Universe in the UK.
3. Inclusion in Optimum's new Entertainment TV package.
4. Price increases for Acorn TV and HIDIVE streaming services.
Financial highlights:
- Net revenues: $626 million (8% decrease)
- Streaming revenues: $150 million (9% increase)
- Operating income: $11 million
- Adjusted Operating Income: $153 million (24% margin)
- Diluted EPS: $(0.66)
- Adjusted EPS: $1.24
- Free Cash Flow: $95 million
The company remains focused on generating strong free cash flow and is on track to meet its full-year guidance.
AMC Networks General Counsel and EVP Jamie Gallagher will retire at the end of 2024 after more than 16 years of service. Gallagher played a important role in guiding AMC Networks through significant milestones, including taking the company public in 2011, creating AMC Studios, and establishing the company's targeted streaming portfolio, led by AMC+. CEO Kristin Dolan praised Gallagher's exceptional leadership and contributions, highlighting his instrumental role in navigating the dynamic media landscape. Gallagher expressed gratitude for his experience at AMC Networks, calling it the greatest professional experience of his life. The company has initiated a search for a successor and will provide updates as appropriate.
AMC Networks Inc. (NASDAQ: AMCX) has announced it will report its second quarter 2024 results on Friday, August 9, 2024. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results, which will be issued in a press release before the market opens. The call will be webcast live on the company's investor relations website.
Interested parties can pre-register for the conference call to obtain dial-in information and a passcode. Internet replays will be available approximately two hours after the call ends. AMC Networks is known for creating and curating celebrated series and films across various brands, including targeted streaming services like AMC+ and Acorn TV, as well as cable networks such as AMC and BBC AMERICA.