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AMC Networks Inc (OQ:AMCX)

Business Focus: Television Broadcasting

Sector:  Consumer Cyclicals Industry:  Broadcasting
 
See Regulatory Filings on SEC
Company Contact
Address: 11 Penn Plz
NEW YORK NY 10001-2006
Tel: 1-646-7405749
Website: https://www.amcnetworks.com
IR: See website
Key People
Kristin A. Dolan
Chief Executive Officer
Patrick O' Connell
Chief Financial Officer, Executive Vice President
Michael J. Sherin
Executive Vice President, Chief Accounting Officer
James G. Gallagher
Executive Vice President, General Counsel
Kim Kelleher
Chief Commercial Officer
 
Business Overview
AMC Networks Inc. is a global entertainment company. The Company distributes its content to audiences globally on an array of distribution platforms, including linear networks, subscription streaming services and other ad-supported streaming platforms, as well as through licensing arrangements. Its segments are Domestic Operations and International and Other. Its Domestic Operations include programming services and AMC Broadcasting & Technology. Its programming services consist of its five national programming networks, global streaming services, AMC Studios operation and film distribution business. Its programming networks are AMC, WE tv, BBC AMERICA, IFC and SundanceTV. Its global streaming services consist of AMC+ and its targeted subscription streaming services (Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE). International and Other segment includes AMC Networks International (AMCNI), international programming businesses consisting of a portfolio of channels around the world.
Financial Overview
For the fiscal year ended 31 December 2023, AMC Networks Inc revenues decreased 12% to $2.71B. Net income increased from $7.6M to $215.5M. Revenues reflect Domestic Operations segment decrease of 13% to $2.32B, International and Other segment decrease of 9% to $404.5M, United States segment decrease of 14% to $2.21B, Europe segment decrease of 7% to $329.1M. Net income reflects Domestic Operations segment income increase from $286.5M to $583.5M.