Overview

• AMC Networks' Q3 profit decreased by 35% to $41.4 million, with revenues falling 6% to $600 million.
• U.S. advertising revenues dropped 10% due to declining linear ratings, partially offset by digital ad growth.
• Streaming subscribers increased from 11.6 million to 11.8 million, boosting streaming revenues by 7% to $152 million.
• Content licensing revenues rose 31%, supported by a new deal with Netflix for AMC branded shows.
• The company completed the acquisition of BBC America, purchasing the remaining 50.1% for $42 million.