AMC Networks is rolling out cheaper, ad-supported tiers for all of its niche streaming services after putting ads on its flagship AMC+ bundle late last year. The new versions will all be up and running by the end of the 2024-25 upfront, the company said Monday. It will convene its annual upfront presentation to ad … Read more
AMC Network posted a 23% drop in advertising for the fourth quarter as total revenue fell 30% to $679 million. The stock is down over 8% in pre-market trade after the numbers. The company saw streaming revenue up 4% to $145 million on a stronger subscriber base and a 3% increase in streaming subscribers from the … Read more
Shares in AMC Networks dropped sharply in early trading Friday following a shaky fourth-quarter earnings report and a conference call with Wall Street analysts. The stock initially drifted down by mid-single-digits in pre-market trading after the earnings release, which revealed a 23% drop in domestic ad revenue and a 16% decline in affiliate revenue. Although … Read more
Beef and The Bear, the shows that joined Succession in a three-way domination of Monday night’s Emmy Awards, have a surprising amount of shared DNA. “I think there’s a real yearning for authenticity right now,” said Elaine Frontain Bryant, EVP and Head of Programming Genres for A&E, Lifetime and LMN. Beef and The Bear “have … Read more
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