Amc Networks Stock Price, News & Analysis

AMC Networks Inc. (NASDAQ: AMCX) announced a postponement of its first quarter 2023 earnings conference call to May 9, 2023, at 8:30 a.m. Eastern Time, moving it from the originally scheduled date of May 5. The company will issue a press release detailing its results prior to the market opening on the same day. Investors can access the conference call via the company’s website and must pre-register for the call to obtain dial-in details. Internet replays will be available shortly after the call concludes. AMC Networks, known for its popular streaming services and acclaimed content, continues to expand its diverse portfolio, including AMC+, Acorn TV, Shudder, and more.

AMC Networks (NASDAQ: AMCX) will hold a conference call to discuss its first quarter 2023 results on May 5, 2023, at 8:30 a.m. ET. The company will issue a press release with these results prior to the market opening.

The conference call will be accessible via a live webcast on the company's website at investors.amcnetworks.com. Participants who wish to join by telephone need to pre-register to obtain the dial-in number and passcode, with details available under the 'Events and Presentations' section on the website.

Internet replays of the call will be accessible approximately two hours after its conclusion at the same website. AMC Networks is recognized for its popular content, operating various streaming platforms and production services.

AMC Networks Inc. (Nasdaq: AMCX) has announced the termination of its cash tender offers for up to $800 million of its 5.00% Senior Notes due 2024 and 4.75% Senior Notes due 2025. This decision was made due to an unmet Financing Condition necessary for the Offers to proceed, which required securing a new senior secured term loan credit facility. As a result, no Notes will be purchased, and all tendered Notes will be returned to holders without any payment. The termination reflects unsuitable market conditions for fulfilling the Financing Condition.

AMC Networks (Nasdaq: AMCX) announced early results for its cash tender offers aimed at purchasing up to $800 million of its outstanding Senior Notes. As of March 3, 2023, valid tenders included $361.26 million of 5.00% Senior Notes due 2024 and $682.92 million of 4.75% Senior Notes due 2025. The offers will expire on March 20, 2023, unless extended. The completion hinges on securing a new senior secured term loan facility sufficient to fund the purchases. The company may increase the aggregate tender amount without extending dates, impacting the number of notes purchased. Holders will receive accrued interest in addition to the offering price.

AMC Networks (NASDAQ: AMCX) announced that its Executive Vice President and CFO, Patrick O’Connell, will participate in the J.P. Morgan 2023 Global High Yield and Leveraged Finance Conference on March 7, 2023, at 3:30 P.M. Eastern Time. A live webcast can be accessed on the company's website under the 'Investors' section, with a replay available post-event. AMC Networks is recognized for its acclaimed content and operates various streaming services including AMC+, Acorn TV, and Shudder, among others. The company also produces popular shows like The Walking Dead and has a significant international business.

AMC Networks has announced a cash tender offer to purchase up to $800 million of its outstanding 5.00% Senior Notes due 2024 and 4.75% Senior Notes due 2025. This offer is detailed in an Offer to Purchase dated February 17, 2023. The company plans to fund these purchases through borrowings from a new senior secured term loan and/or existing cash. The offers will expire on March 20, 2023, with an early tender deadline on March 3, 2023. Holders who tender their notes by the early date will receive a premium alongside the principal amount.