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AMC Networks’ U.S. Ad Sales Fall 23% in Final Quarter of 2023 as Streaming Subs Inch Up

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variety.com

Jennifer Maas TV Business Writer AMC Networks saw its streaming subscribers increase by 1% and its U.S. ad sales drop by 23% in the fourth quarter of 2023.

Streaming subscribers stood at 11.1 million as of Sept. 30, up 1% from where they ended at 11 million at the conclusion of Q2 in June.

In its fourth-quarter 2023 earnings results Friday, AMC Networks reports it closed 2023 with 11.4 million subs. 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 (a joint venture with BBC Studios), IFC, SundanceTV, WE tv and IFC Films.

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