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AMC Networks Revenue Slides 12% In Q4 As Results Fall Short Of Wall Street Targets
AMC Networks undershot Wall Street forecasts in the fourth quarter, with advertising continuing to decline in the U.S.
Melissa McBride in "The Walking Dead: Daryl Dixon"Emmanuel Guimier/AMC AMC Networks undershot Wall Street forecasts in the fourth quarter, with advertising continuing to decline in the U.S. and affiliate revenue also hitting a slump. The company’s portfolio of niche streaming services, including Shudder, AMC+ and AcornTV, finished 2024 up 8% over 2023 at 12.4 million subscribers. “We achieved our full-year guidance across all key financial metrics, including generating healthy free cash flow of $331 million,” CEO Kristin Dolan said in the earnings release.
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