A

AMC Networks
D

AMCX

9.41000
USD
-0.40
(-4.08%)
Market Closed
Volume
29,864
EPS
5
Div Yield
-
P/E
13
Market Cap
415,176,530
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News

Title: AMC Networks

Sector: Communication Services
Industry: Entertainment
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 hadnearly 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 nearly90% of total revenue.