Record Free Cash Flow and Streaming Growth
AMC Networks delivered another quarter of healthy free cash flow, totaling $42 million, and is on track to achieve $250 million in free cash flow for the full year. Streaming revenue growth accelerated with a 14% increase, offsetting a 13% decline in affiliate revenue.
Successful Partnerships and Expansions
Renewal and expansion of the branded content licensing agreement with Netflix and a long-term distribution agreement with DirecTV, including a bundled ad-supported version of AMC+ in their video packages.
Digital Advertising Growth
Achieved a 40% increase in digital advertising commitments, reflecting meaningful growth in this expanding category.
Successful Programming and International Expansion
Notable achievements include the launch of new series and the highest ever viewership of AMC+. Internationally, AMC has a presence of 33 FAST channels distributed across 22 platforms.