AMC Global Media Inc Class A
AMCX: XNAS (USA)
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AMC Networks Earnings: Positive Steps in Streaming Are Overwhelmed by Linear TV Cascade
The pace of AMC Networks' revenue decline from linear television accelerated in the third quarter, easily overwhelming the acceleration in streaming subscription revenue, which grew 15% year over year. Total revenue was down 6%, including an 8% decline domestically, where almost 90% of sales live.
