AMC Networks reported its third-quarter 2025 earnings Friday, revealing a 17% decline in U.S. ad sales for the TV media company.
During that same period, which ran July-September, paid streaming subscribers rose by 200,000 customers across AMC Networks’ portfolio of brands to reach 10.4 million.
Wall Street forecast earnings per share (EPS) of 34 cents on $549.3 million in revenue, according to analyst consensus data provided by LSEG. AMC Networks reported diluted EPS of $1.38 on $562 million in revenue.
“Our performance in the third quarter marks a key milestone in our transition from a cable networks business to a global streaming and technology focused content company,” AMC Networks CEO Kristin Dolan sad in a letter to shareholders. “Streaming revenue growth accelerated and will represent our largest single source of domestic revenue this year. We again delivered healthy free cash flow and remain on track to achieve our increased outlook of $250 million in free cash for the full year. We have built the components of a modern media business that is nimble, independent and well suited to today’s environment and whatever comes next.”
More to come…
variety.com
#AMC #Networks #Sales #Streaming #Subs #Reach #Million
