AMC Networks' Profit Drops 35% Due to Challenging Ad Market and Decrease in Affiliate Business
Advertising
Pro Available to WrapPRO members Subscribers to AMC+ grew 5% in the third quarter of 2024 and now total 11.8 million TheWrap Illustration AMC Networks posted disappointing earnings results during the company’s third quarter of 2024. Net income per share came in at $0.93, a 35% drop from the $1.44 the company reported in 2023. Though the network saw gains in streaming and content licensing, a “challenging” advertising market and dropping affiliate revenues led to the results. Revenue came in at $
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