“Amc Networks Saw An Increase in Streaming Revenue in ITS Second Quarter, Reaching $ 169 Million, Up 12 Percent From The Prior Year, Largely Due to the Impact of Price Increases. Domestically, The Number of Streaming Subscribers Also Increasted to 10.4 Million, Up From 10.2 Million in the Prior Quarter. Last Quarter, The Company Said”, – WRITE: www.hollywoodReporter.com
Domestically, The Number of Streaming Subscribers Also Increasted to 10.4 Million, Up From 10.2 Million in the Prior Quarter. Last Quarter, The Company SAID IT WOLD CALCULATED STREAMING SUBSCRIBERS, WITH The Numbers Now Reflection Subscribers Who Pay a Forvices and more, Rather than those who recene Access to One of the Streaming Services Through A Video Package That Also Includes Linear Programming,
However, US Advertising Revenues Took A Hit, Down 18% To $ 123 Million Due to Linear Ratings Declines. Content Licensing Revenues Increated 26% to $ 84 Million, Helped by The Sale of Amc Networks Music Catalog and Execular Producer Fees Related To Apple TV+’s Silo.
AMC Networks Reported Net Revenue of $ 600 Million, Down 4 Percent From The Prior Year, But Above Analyst Expectations. The Company Reported Adjusted Earnings Per Share of 69 CENTS After Reporting Adjusted Earnings Per Share of $ 1.24 in the Year Earlier Period, But Also Above Expectations.
“We Are Execouting Our Clear Strategic Plan Focused on Programming, Partnerships and Profitability. We Remain Committed to Delivering High-Quality And Distinctive Series And Films to Tout to Delivering Platforms, Including the Best Collection of Targeted Streaming Services in the World. ”
“In the Second Quarter, We Saw Streaming Revenue Growth Accelerate, Strenguth In Content Licensing and Continued Healthy Flow Flow Generation. Approximately $ 250 Million of Free Cash Flow For the Full Year. ”
More to come ..
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