AMC Networks Third-Quarter Earnings, U.S. Advertising Revenue Report

📆 11/3/2023 5:15 AM
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The company, led by CEO Kristin Dolan, recorded impairment charges of $11.6 million 'in connection with exiting a portion of its New York office.'

AMC Networks — the company behind such cable channel brands as AMC, IFC and Sundance TV, as well as such streaming services as AMC+, Acorn TV and Shudder — reported an 18

percent drop in third-quarter U.S. advertising revenue on Friday. Advertising revenue fell to $147 million due to “anticipated linear ratings declines, a challenging ad market and fewer

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