Welcome to our dedicated page for Amc Networks news (Ticker: AMCX), a resource for investors and traders seeking the latest updates and insights on Amc Networks stock.
AMC Networks Inc. (NASDAQ: AMCX) is an information sector media company whose news flow reflects its mix of cable networks, streaming services, studio operations and financing activities. Company updates frequently cover quarterly earnings results, segment performance in Domestic Operations and International, and trends in subscription, advertising and content licensing revenues.
Investors following AMCX news can expect detailed earnings releases that discuss streaming revenue growth, changes in affiliate revenues, advertising dynamics and the contribution of content licensing. Management commentary often addresses the company’s transition toward a streaming and technology focused content model, as well as its focus on programming, partnerships and profitability.
Operational news items highlight distribution agreements and renewals with partners such as DirecTV, Charter and other platforms, expansion of ad-supported AMC+ and FAST channels, and performance of targeted streaming services like AMC+, Acorn TV and Shudder. The company also reports on new and renewed series within franchises such as The Walking Dead Universe and the Anne Rice Immortal Universe, as well as new projects developed by AMC Studios.
Capital markets and balance sheet developments appear in AMCX news through announcements of senior secured note offerings, tender offers and open market repurchases of 4.25% Senior Notes due 2029, and amendments to its credit agreement. Board and governance updates, including director changes, audit committee composition and executive employment agreements, are disclosed through SEC-related news.
For readers tracking AMCX, this news stream provides insight into how AMC Networks manages its content portfolio, streaming strategy, distribution relationships and capital structure over time.
AMC Networks (NASDAQ: AMCX) has scheduled a conference call to discuss its Q2 2021 results on August 6, 2021, at 8:30 a.m. ET. A press release will be issued before the market opens. The call can be accessed via the company’s website or by dialing 833-714-3268 with conference ID 5273816 around 15 minutes prior. A replay will be available from 11:30 a.m. on August 6 until 11:59 p.m. on August 13. AMC Networks, known for its acclaimed content, oversees popular brands like AMC and SundanceTV.
AMC Networks will hold its Annual Meeting of Stockholders on June 16, 2021, at 10:00 a.m. EDT in person at the J.P. Morgan Club, Madison Square Garden Arena, NYC. Stockholders must obtain an admission ticket in advance and can do so until June 9, 2021. Proper identification and COVID-19 safety protocols will be enforced for attendance. Proxy voting is encouraged for stockholders unable to attend.
Record Date for voting eligibility was set for April 19, 2021. For further details, refer to the proxy materials.
AMC Networks Inc. (NASDAQ: AMCX) will have CEO Josh Sapan attend the MoffettNathanson Media & Communications Virtual Summit on May 13, 2021, starting at 9:00 a.m. ET. The event will be accessible via live webcast on AMC's investor website, with a replay available shortly after the presentation concludes. AMC Networks is renowned for its acclaimed content, operating channels like AMC and BBC AMERICA, and offering streaming services such as AMC+ and Shudder, along with its in-house studio producing award-winning series like The Walking Dead.
AMC Networks (NASDAQ: AMCX) reported Q1 2021 results with net revenues of $692 million, down 5.8% year-over-year. Operating income decreased by 1.9% to $170 million, yet diluted EPS soared by 65.6% to $2.02, indicating strong profitability amidst revenue declines. The company is on track to achieve its 2021 subscriber target of 9 million paid subscribers and has expanded its streaming services. Significant changes to segment reporting and a spin-off of Levity's businesses were also highlighted, alongside a robust free cash flow of $97 million.
AMC Networks (NASDAQ: AMCX) will host a conference call on May 7, 2021, at 8:30 a.m. ET to discuss its first quarter 2021 results. A press release detailing the results will be issued prior to market opening on the same day.
The conference call will be accessible via webcast on the AMC Networks website and participants can join by dialing 833-714-3268 with conference ID 4983104, 15 minutes before the call. A recording will be available after the call and can be accessed until May 14, 2021.
AMC Networks reported strong 2020 results, ending with over 6 million streaming subscribers, a 157% year-over-year growth. Total revenues reached $2.8 billion, with net income of $240 million ($4.64 per diluted share). Operating cash flow improved to $749 million, and free cash flow was $686 million. The company returned $354 million to shareholders through stock buybacks. However, overall revenues declined 8% from 2019, largely due to lower subscription and advertising revenues attributed to COVID-19 impacts.
AMC Networks and Omnicom Media Group have successfully executed two national linear addressable advertising campaigns for Volkswagen and another major advertiser, reaching nearly 25 million U.S. homes through Comcast and Charter systems. The campaigns showcased the efficiency of addressable advertising, achieving higher delivery and frequency than traditional methods. AMC plans to implement addressable advertising across all its platforms and enhance tracking and measurement capabilities to improve advertising effectiveness moving forward.
AMC Networks (NASDAQ: AMCX) will host a conference call on February 26, 2021, at 8:30 a.m. ET to discuss its 2020 fourth-quarter and full-year results. A press release detailing the results will be issued before the market opens.
The call will be available via webcast on the company’s website. Interested participants can also join by phone at 833-714-3268, using conference ID 5976434. A replay will be accessible from 11:30 a.m. on February 26 until March 5, 2021. AMC Networks is a global entertainment firm, renowned for its acclaimed content including popular series like The Walking Dead.
AMC Networks has announced its intent to redeem $400 million of its 4.75% Senior Notes due 2022 and $600 million of its 5.00% Senior Notes due 2024. The redemption will take place on February 26, 2021, at prices of 100% and 102.5% of the principal amounts, respectively, plus accrued interest. U.S. Bank National Association will distribute the notice of redemption to all registered holders. AMC Networks is known for its popular content and operates various brands, including AMC and BBC America. Forward-looking statements regarding future performance are included, highlighting inherent risks.
AMC Networks announced a public offering of $1 billion in 4.25% Senior Notes due 2029. The offering is expected to close on February 8, 2021. Proceeds will be used to redeem $400 million of 4.75% Senior Notes due December 2022 at 100% redemption price and $600 million of 5.00% Senior Notes due April 2024 at a 102.5% redemption price. The registration statement for the offering has been filed with the SEC, and multiple financial institutions will act as joint book-running managers.