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AMC Networks’ U.S. Ad Sales Fall 10% in Q3, as Streaming Subscribers Tick Up by 200,000 to Reach 11.8 Million
AMC Networks reported its third-quarter 2024 earnings Thursday.
Wall Street forecast earnings per share (EPS) of 62 cents on $587.6 million in revenue, according to analyst consensus data provided by LSEG. “As we manage this business within a complex and changing environment, we remain focused on our key strategic pillars – programming, partnerships and profitability,” CEO Kristin Dolan said in a letter to shareholders. We also entered into new and enhanced partnerships with major companies like Charter, Netflix, Amazon and others which are driving our company forward as we continue to provide distinctive, high-quality programming to customers across an expanding array of platforms.”
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