AMC Networks U.S. Ad Sales Fall 10% in Q3 as Streaming Subscribers Tick Up by 200,000 to Reach 11.8 Million
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variety.comJennifer Maas TV Business Writer AMC Networks saw U.S. ad sales drop 10% to $133 million in Q3, but a slight increase in streaming subscribers from 11.6 million to 11.8 million.
The media company revealed the results in its third-quarter 2024 earnings report Thursday. AMC Networks’ streaming platforms include AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE.
Those digital offerings are in addition to the company’s linear channels: AMC, BBC America, IFC, SundanceTV, WE tv and IFC Films.
During the quarter, which ran July 1-Sept. 30, content licensing revenues were up 31% year over year at AMC Networks to $81 million, an increase mainly attributed to AMC’s new licensing deal with Netflix.
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