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AMC Networks (AMCX)

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Earnings summaries and quarterly performance for AMC Networks.

Recent press releases and 8-K filings for AMCX.

AMC Networks Amends Senior Secured Notes and Extends Consent Solicitation
AMCX
Debt Issuance
Share Buyback
  • AMC Networks Inc. announced the effectiveness of amendments to its 10.50% Senior Secured Notes due 2032 after receiving Requisite Consents from approximately 94% of noteholders as of February 23, 2026.
  • The amendments permit buybacks, purchases, redemptions, retirements, or other acquisitions of AMC Networks Inc.'s equity interests up to an aggregate amount of $50,000,000.
  • Other modifications include revising the covenant that limits transfers or licenses of certain trademarks to unrestricted subsidiaries to only permit transfers of non-exclusive licenses, and restricting investments in unrestricted subsidiaries to specified clauses within the "Permitted Investments" definition.
  • The company has also extended its consent solicitation for these amendments to March 6, 2026, at 5:00 p.m. New York City time.
7 days ago
AMC Networks Announces Effectiveness of Amendments to Senior Secured Notes and Extension of Consent Solicitation
AMCX
Debt Issuance
Share Buyback
  • AMC Networks has received Requisite Consents from holders of its 10.50% Senior Secured Notes due 2032, with approximately 94% of outstanding Notes holders having delivered their Consents as of February 23, 2026.
  • Amendments to the indenture governing the Notes are now effective, permitting equity interest buybacks up to $50,000,000, revising limits on trademark transfers, and restricting investments in unrestricted subsidiaries.
  • The consent solicitation for these Amendments has been extended to March 6, 2026, at 5:00 p.m. New York City time.
  • The Amendments will become operative once the Consent Fee is paid to the trustee.
7 days ago
AMC Networks Announces Exchange Offer for Senior Secured Notes
AMCX
Debt Issuance
Share Buyback
  • AMC Networks has commenced an exchange offer for its outstanding 10.25% Senior Secured Notes due 2029 (Old Notes) for newly-issued 10.50% Senior Secured Notes due 2032 (New Notes).
  • Eligible Holders who tender their Old Notes by the March 6, 2026, Early Tender Time will receive $1,065 principal amount of New Notes for each $1,000 principal amount of Old Notes, which includes an early tender premium. Holders tendering after this time will receive $1,015.
  • Concurrently, the company is soliciting consents to amend the indenture governing the Old Notes, which would permit up to $50,000,000 in equity interest buybacks.
  • The Exchange Offer is scheduled to expire on March 23, 2026, at 5:00 p.m., New York City time.
7 days ago
AMC Networks Announces Consent Solicitation for Senior Secured Notes
AMCX
Debt Issuance
Share Buyback
  • AMC Networks is soliciting consents from holders of its 10.50% Senior Secured Notes due 2032 to amend the indenture governing the Notes.
  • The Proposed Amendments include permitting equity buybacks, purchases, redemptions, retirements, or other acquisitions of AMC Networks Inc.'s equity interests in an aggregate amount not to exceed $50,000,000.
  • Other proposed amendments involve revising the covenant that limits transfers or licenses of certain trademarks to unrestricted subsidiaries to only permit transfers of non-exclusive licenses, and restricting investments in unrestricted subsidiaries made pursuant to the definition of "Permitted Investments" to certain specified clauses.
  • The Consent Solicitation will expire on February 23, 2026, at 5:00 p.m., New York City time.
  • A total Consent Fee of $2,000,000 will be paid to all holders who validly deliver and do not revoke a Consent by the Consent Payment Eligibility Time, which could range from $5.00 to $10.00 per $1,000 principal amount based on the $400,000,000 aggregate principal amount of Notes outstanding.
Feb 12, 2026, 12:30 PM
AMC Networks Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance
AMCX
Earnings
Guidance Update
CFO Change
  • AMC Networks reported $2.3 billion in consolidated revenue and $412 million in consolidated adjusted operating income for the full year 2025.
  • The company generated $272 million in free cash flow for 2025, exceeding its increased forecast.
  • Streaming became the largest single source of domestic revenue in 2025, with full-year streaming revenue growth of 12%.
  • For 2026, AMC Networks anticipates consolidated revenue of approximately $2.25 billion, consolidated adjusted operating income of approximately $350 million, and free cash flow of at least $200 million.
  • In the fourth quarter of 2025, the company acquired the remaining 17% stake in RLJ Entertainment for $75 million in cash, and CFO Patrick O'Connell will be stepping down next month.
Feb 11, 2026, 9:30 PM
AMC Networks Reports Q4 and Full Year 2025 Results, Provides 2026 Outlook
AMCX
Earnings
Guidance Update
CFO Change
  • AMC Networks reported full-year 2025 consolidated revenue of $2.3 billion and adjusted operating income (AOI) of $412 million, with free cash flow reaching $272 million, exceeding its increased forecast.
  • Streaming became the largest single source of domestic revenue for the full year 2025, with streaming revenue growing 12% year-over-year and 14% in Q4 2025, ending the year with 10.4 million subscribers.
  • For 2026, the company anticipates consolidated revenue of approximately $2.25 billion, AOI of approximately $350 million, and free cash flow of at least $200 million.
  • In 2025, the company reduced gross debt by almost $600 million, ending the year with net debt of approximately $1.3 billion and a net leverage ratio of 3.1x.
  • CFO Patrick O'Connell will be stepping down in March 2026 to take on a new role outside the industry.
Feb 11, 2026, 9:30 PM
AMC Networks Reports Q4 and Full-Year 2025 Results, Provides 2026 Guidance
AMCX
Earnings
Guidance Update
CFO Change
  • AMC Networks reported full-year 2025 consolidated revenue of $2.3 billion and adjusted operating income of $412 million, generating $272 million in free cash flow, which exceeded its increased forecast.
  • Streaming became the largest single source of domestic revenue in 2025, with streaming revenue growing 12% for the full year and 14% in Q4 2025, and the company ended the year with 10.4 million streaming subscribers.
  • For 2026, the company anticipates consolidated revenue of approximately $2.25 billion, consolidated adjusted operating income of approximately $350 million, and expects to generate at least $200 million in free cash flow.
  • In 2025, AMC Networks strengthened its balance sheet by reducing gross debt by almost $600 million, ending the year with net debt of approximately $1.3 billion and a net leverage ratio of 3.1x.
  • CFO Patrick O'Connell will be stepping down next month to pursue a new role outside the industry.
Feb 11, 2026, 9:30 PM
AMC Networks Inc. Reports Fourth Quarter and Full Year 2025 Results
AMCX
Earnings
M&A
Revenue Acceleration/Inflection
  • AMC Networks Inc. (AMCX) reported net revenues of $595 million for Q4 2025, a 1% decrease from the prior year, and $2.3 billion for the full year 2025, a 5% decrease.
  • The company delivered Adjusted EPS of $0.64 for Q4 2025 and $2.03 for the full year 2025.
  • Free Cash Flow reached $40 million in Q4 2025 and $272 million for the full year 2025, exceeding its previously increased forecast.
  • Streaming revenue grew 14% in Q4 2025 and 12% for the full year 2025, becoming the largest single source of revenue in the domestic segment, with 10.4 million streaming subscribers as of December 31, 2025.
  • Operational highlights for 2025 included significant affiliate renewal activity and the acquisition of the remaining 17% of RLJ Entertainment in the fourth quarter.
Feb 11, 2026, 9:03 PM
AMC Networks Reports Fourth Quarter and Full Year 2025 Results
AMCX
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • AMC Networks reported full-year 2025 net revenues of $2.3 billion, a 5% decrease from the prior year, with diluted EPS of $1.66 and Adjusted EPS of $2.03.
  • For the full year 2025, streaming revenue became the largest single source of revenue in the domestic segment, growing 12% to $677 million.
  • The company generated $272 million in Free Cash Flow for the full year 2025.
  • In the fourth quarter of 2025, AMC Networks acquired the remaining 17% of RLJ Entertainment for $75 million and repurchased 854,692 shares of Class A Common Stock for $7.5 million.
Feb 11, 2026, 9:01 PM
AMC Networks Reports Q3 2025 Results, Reiterates Full-Year Guidance, and Highlights Streaming Growth
AMCX
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • AMC Networks reported Q3 2025 consolidated net revenue of $562 million, a 6% year-over-year decline, and consolidated AOI of $94 million, a 28% decrease. The company reiterated its full-year 2025 guidance, expecting approximately $250 million in free cash flow, approximately $2.3 billion in consolidated revenue, and consolidated AOI in the range of $400 million-$420 million.
  • Streaming revenue grew 14% in Q3 2025, reaching 10.4 million subscribers, and is projected to be the largest single source of revenue in the domestic segment for the full year. This growth helped offset a 13% decline in affiliate revenue.
  • Key strategic developments include renewed content licensing with Netflix, expanded distribution agreements with DirecTV and Cox, and a new Amazon Prime Video triple bundle. Digital advertising commitments increased 40% in the upfront.
  • The company reduced its total employee base by less than 5% through a voluntary buyout program and continued to focus on debt reduction, repurchasing $9 million of senior notes and paying down $166 million of term loan A.
Nov 7, 2025, 1:30 PM