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AMC Networks’ U.S. Ad Sales Fall 13% as Paid Streaming Subscribers Reach 11.5 Million in Q1
AMC Networks reported its first-quarter 2024 earnings Friday, revealing U.S. TV ad sales dropped by 13% during the January-March period and streaming revenues ticked up 3%.
AMC Networks reported its first-quarter 2024 earnings Friday, revealing U.S. TV ad sales dropped by 13% during the January-March period and streaming revenues ticked up 3%. Wall Street forecast earnings per share (EPS) of $1.67 on $602.6 million in revenue, according to analyst consensus data provided by LSEG, formerly Refinitiv. “In the first quarter, we continued to execute on our strategic priorities, including the ongoing delivery of healthy free cash flow,” AMC Networks CEO Kristin Dolan said in a letter to shareholders Friday.
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