Amc Networks Stock Price, News & Analysis

AMC Networks (AMCX) has announced plans to offer $400 million in senior secured notes due 2032 through a private offering. The notes will be guaranteed by AMC Networks' existing and future domestic subsidiaries on a senior secured basis. The company intends to use the proceeds, along with available cash, to fund a tender offer for up to $450 million of its outstanding 4.25% Senior Notes due 2029, cover related fees and expenses, and repay other corporate debt. The offering is being made exclusively to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S of the Securities Act. The notes will not be registered under the Securities Act or state securities laws, limiting their sale within the United States.

AMC Networks (AMCX) has launched a cash tender offer to purchase up to $450 million of its outstanding 4.25% Senior Notes due 2029. The company is offering $815 per $1,000 principal amount (including a $50 early tender premium) for notes tendered by July 1, 2025, and $765 per $1,000 for notes tendered after the early tender date but before the July 17, 2025 expiration. The tender offer will be funded through proceeds from a proposed offering of senior secured notes due 2032 and available cash. The offer may be subject to proration if tender exceeds the maximum amount, and early tenderers will receive priority. The total outstanding principal amount of the 2029 Notes is currently $885,866,000.

AMC Networks (NASDAQ: AMCX) reported its Q1 2025 financial results, showing mixed performance. Net revenues decreased 7% to $555 million, while streaming revenues grew 8% to $157 million. The company maintained 10.2 million streaming subscribers, consistent with the previous year. Financial metrics showed declines with operating income of $64 million (down 41.7%), diluted EPS of $0.34 (down 67%), and free cash flow of $94 million (down 34.7%). Notable operational highlights included launching ad-supported AMC+ on Charter, expanding FAST channels with Acorn TV Mysteries, and success with "Dark Winds" season 3 attracting 2.2 million premiere viewers. The company also announced new content initiatives including "Anne Rice's Talamasca: The Secret Order" and development of the "Great American Stories" franchise.

AMC Networks (NASDAQ: AMCX) has announced it will release its first quarter 2025 financial results before market opening on Friday, May 9, 2025. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results.

The conference call will be accessible via webcast on the company's investor relations website. Telephone participants must pre-register to obtain dial-in details. Internet replays will be available approximately two hours after the call concludes.

AMC Networks operates multiple streaming services including AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, along with cable networks AMC, BBC AMERICA, IFC, SundanceTV, and We TV. The company also manages AMC Studios and AMC Networks International.

Spectrum and AMC Networks have announced that Spectrum TV Select customers now have access to ad-supported AMC+ at no additional cost, as part of an $80 retail app value package. The streaming service, which typically retails at $6.99 per month, offers premium content including popular originals, new seasons from The Walking Dead Universe, and classic series like Mad Men.

This integration stems from a multi-year programming renewal agreement announced in September. Spectrum TV Select customers who previously subscribed to Ad-Free AMC+ ($9.99/month) will receive a $7 monthly discount. The service includes content from AMC, BBC America, IFC, SundanceTV, Shudder, Sundance Now, and IFC Films Unlimited.

Along with AMC+, customers can access other streaming services through the Xumo Stream Box, including ad-supported Max, Disney+, ESPN+, Paramount+, Peacock, ViX, and Tennis Channel, with more services planned for later this year.

AMC Networks (AMCX) reported its Q4 and full-year 2024 results, achieving full-year guidance across key financial metrics. The company generated $331 million in free cash flow and increased expectations to approximately $550 million cumulative free cash flow over '24/'25.

Full-year highlights include net revenues of $2.421 billion, with streaming revenues increasing 7% to $603 million. Streaming subscribers grew 8% to 12.4 million compared to 11.4 million in 2023. The company reported an operating loss of $40 million and Adjusted Operating Income of $563 million.

For Q4 2024, net revenues were $599 million with an operating loss of $254 million, which included impairment charges of $303 million. The company completed significant affiliate renewals representing almost half of its domestic subscriber base and expanded its FAST channels business to 19 channel brands across 12 platforms.

AMC Networks (NASDAQ: AMCX) has announced it will release its fourth quarter and full year 2024 financial results on Friday, February 14, 2025, before the market opens. The company will host a conference call at 8:30 a.m. Eastern Time to discuss the results.

The conference call will be accessible through a live webcast on the company's investor relations website. Interested participants can pre-register to obtain dial-in numbers and passcodes for telephone access. Internet replays will be available approximately two hours after the call concludes.

AMC Networks operates multiple streaming services including AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, alongside cable networks AMC, BBC AMERICA, IFC, SundanceTV, and We TV. The company also manages AMC Studios and film distribution labels IFC Films and RLJE Films.

AMC Networks (AMCX) reported Q3 2024 financial results with net revenues of $600 million, down 6% year-over-year. Streaming revenues increased 7% to $152 million, with subscribers growing 5% to 11.8 million. The company generated $293 million in free cash flow year-to-date. Operating income was $94 million, while Adjusted Operating Income was $131 million with a 22% margin.

Key developments include renewing major affiliate agreements with Charter, launching AMC series on Netflix, and acquiring the remaining 50.1% of BBC America joint venture. Domestic Operations revenues decreased 2% to $530 million, while International revenues declined 24% to $74 million. Diluted EPS was $0.76, and Adjusted EPS was $0.91.

AMC Networks (NASDAQ: AMCX) has announced it will report its third quarter 2024 results on Friday, November 8, 2024. The company will hold a conference call at 10:00 a.m. Eastern Time, following the release of results before market opening. The call will be webcast live on the company's investor website, with replay available approximately two hours after completion. Pre-registration is required for telephone access to the conference call.