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Stock impact report

AMC Networks Takes $269 Million Balance-Sheet Hit for Drop in U.S. Cable Channel Values as Streaming Subscribers Cross 12 Million [Yahoo! Finance]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Fri, February 14, 2025 at 1:20 PM GMT+1 3 min read AMC Networks reported its fourth-quarter 2024 earnings Friday, revealing a $268.7 million devaluation of the media company's U.S. cable channel business, which consists of AMC, BBC America, IFC, SundanceTV, WE tv and IFC Films. At the same time, the company says AMC Networks' U.S. streaming revenue increased 8% between October and December. The company's total combined streaming subscribers reached 12.4 million by the end of the year, which counts customers across AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE. More from Variety Roku Q4 Revenue Climbs 22%, Streaming Households Hit Nearly 90 Million as Earnings Beat Expectations 'GTA 6' on Course for Fall 2025, Take-Two CEO Says Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period For the full year, AMC Networks took a total of $399.5 million in impairment and other charges, including the a Show less Read more
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