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AMC Networks Boosts Streaming Revenue by 12% as Ad Sales Fall 18%

AMC Networks raised its full-year free cash flow outlook to $250 million following an EPS beat

Overview

  • Streaming revenue rose 12% year over year in the second quarter of 2025.
  • U.S. linear advertising sales fell 18% as cord-cutting trends persisted.
  • Direct paid streaming subscribers climbed to 10.4 million after recalibrating counts to exclude non-paying accounts.
  • Adjusted earnings per share reached $0.69 on $600 million in revenue, topping analysts’ forecasts of $0.61 and $583 million.
  • The company projected roughly $250 million in free cash flow for 2025 based on stronger streaming performance.