AMC Networks Takes $269 Million Balance-Sheet Hit for Drop in U.S. Cable Channel Values as Streaming Subscribers Cross 12 Million

AMC Networks reported its fourth-quarter 2024 earnings Friday, revealing a $268.7 million devaluation of the media company’s U.S. cable channel business. At the same time, the company says AMC Networks’ U.S. streaming revenue increased 8% between October and December, and streaming subscribers reached 12.4 million by the end of the year. For the full year, […]