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Stock impact report

Tencent Music Enjoys Streaming Growth as Social Side Continues Slide [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
services more than compensated for the continuing retreat of the group's high-value ‘social entertainment activities. Net profits in the third quarter of its financial and calendar year, climbed by 35% to RMB1.71 billion ($244 million) on revenue of RMB7.02 billion ($1 billion). For nine months, revenues were an unchanged RMB20.9 billion ($2.98 billion) and net profits RMB5.03 billion ($717 million), a 32% gain in local currency terms. More from Variety AMC Networks' U.S. Ad Sales Fall 10% in Q3, as Streaming Subscribers Tick Up by 200,000 to Reach 11.8 Million Paramount Global Adds 3.5 Million Streaming Subscribers in Q3 Bruised by TV, Movie Declines Warner Bros. Discovery Stock Jumps on Max Streaming Momentum, Upbeat M&A Outlook Streaming music services managed the double whammy of increasing the number of paying subscribers (by two million quarter-on-quarter to 119 million) and increasing average revenues per subscriber, to RMB10.8. Together, they produced 20% year on y Show less Read more
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