Media companies begin canceling annual ad presentations as coronavirus spreads in New York [CNBC]
AMC Networks Inc. - Class A (AMCX)
Last amc networks inc. - class a earnings: 2/26 07:00 am
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Source: CNBC
AMC Networks is the latest media company to change its plans for its spring upfront event as companies opt to postpone, move events online or cancel altogether amid growing concerns around the spread of coronavirus. companies host upfront presentations each spring to discuss programming and ad offerings to advertisers, often hosting flashy, star-studded events and after parties. Tech companies like Twitter and YouTube have similar presentations called NewFronts. But as the virus spreads in New York City and throughout the United States, the upfronts could be a very different affair this year. AMC Networks said in a statement Monday it canceled its upfront presentation scheduled for March 18 in favor of individual conversations with its advertising clients. Earlier on Monday, A+E said it would be hosting its first "virtual upfront," after initially saying it would host a live event on March 25. "The health, safety and well-being of our clients, colleagues and our industry is our top p
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