1 Followers USX:AMCX - AMC Networks Inc AMC Networks Inc
Sector: Communication Services, Industry: Movies & Entertainment
Next Earnings: 14 Jun 2024
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USD 10.83    -0.5 (-4.41%)
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26 Apr 2024


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General

CEO: Mr. James Lawrence Dolan

IPO: 2011-07-01

Headquarters: US

Employees: 1,948

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Description

AMC Networks owns several linear pay-TV networks, including AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, its most widely distributed network, reached nearly 65 million pay-TV households in the US at the end of 2023. The firm also had nearly 11.5 million US streaming subscribers, with AMC+ as the flagship streaming platform. With both its linear networks and streaming offerings, the firm caters to specific niche audiences. Over the last 15 years, AMC has shifted its focus to original scripted programming from classic movies. It creates content through AMC Studios and also generates revenue from licensing content. Following an international divestiture at the end of 2023, domestic operations make up nearly 90% of total revenue.

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