AMC Global Media swung to a loss on cord-cutting pressure, but the $500 million Netflix deal for The Walking Dead Universe and raised full-year guidance offer a lifeline; streaming revenue grew 6% despite domestic affiliate and ad revenue collapsing.
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AMC Networks Inc. is a dynamic entertainment company based in New York, known for owning a variety of video entertainment products. It offers a rich portfolio of national programming networks such as AMC, We tv, BBC AMERICA, IFC, and SundanceTV. Beyond traditional TV, AMC Networks steps into the digital age with subscription streaming services like Acorn TV, Shudder, and AMC+, among others. It also dips its toes in film distribution and original programming, ensuring a diverse content offering. Internationally, it extends its reach with channels under AMCNI and engages in production and comedy through Levity.
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