Highest-materiality recent filing
AMC Global Media Q2 revenue down 9% to $547M; inks $500M Netflix Walking Dead deal
Net revenue $547M, down 9% YoY; operating income $16M, down 75%; diluted EPS $(0.51).
AMC Global Media Q1: rev $542M (-2%), adj. EPS $0.08; secondary offering of 3.45M shares by Danone
Net revenue $542M, down 2% YoY; operating income $31M, down 51%.
AMC Networks exchanges 98% of 10.25% notes for 10.5% notes due 2032, redeems remaining
Exchanged $861M (98.43%) of 10.25% Senior Secured Notes due 2029 for new 10.50% notes due 2032.
AMC Networks announces exchange offer for $875M of 10.25% notes due 2029
Exchange offer for all $875 million aggregate principal of 10.25% Senior Secured Notes due 2029.
AMC Networks amends indenture to permit up to $50M equity buybacks; consent extended
Amendments to $400M 10.50% senior secured notes indenture effective Feb 23 allow up to $50M equity buybacks.
AMC Networks Q4 revenue down 1% to $595M, streaming becomes largest domestic revenue source
Q4 net revenue $595M (-1% YoY); operating loss $51M vs loss $254M prior year; diluted EPS $(1.26).
AMC Networks CFO Patrick O'Connell to depart in March; search for successor initiated
CFO Patrick O'Connell leaving to pursue an opportunity outside the media industry.
Revenue $562M (-6% YoY); operating income $56M (-41% YoY); adjusted operating income $94M (-28% YoY).
AMC Networks extends $111.8M revolver to 2030, repurchases $165.7M term loans, eases covenant
Extended $111.8M of revolver commitments to Oct 2030; $63.2M retains April 2028 maturity.
AMC Networks Q2 revenue $600M (-4% YoY); streaming up 12%; raises FY FCF outlook to ~$250M
Net revenues $600M (-4% YoY); AOI $109M (-28.4%); diluted EPS $0.91 vs loss $(0.66) in prior year.
AMC Networks issues $400M of 10.500% Senior Secured Notes due 2032
Issued $400M aggregate principal amount of 10.500% Senior Secured Notes due July 15, 2032.
AMC Networks plans $400M secured note offering and up to $450M tender for 4.25% 2029 notes
Intends to privately offer $400M senior secured notes due 2032; net proceeds to fund tender offer and repay debt.
AMC Networks Q1 revenue falls 7% to $555M; adjusted EPS down 55%
Net revenue $555M (-7% YoY); operating income $64M (-42%); diluted EPS $0.34 (-67%).
Full year 2024 net revenue $2,421M; operating loss $40M includes $400M impairment & $49M restructuring charges.
AMC Networks Q3 revenue $600M (-6% YoY); EPS $0.76 (-47%); FCF YTD $293M
Q3 revenue $600M, down 6% YoY (3% ex-divestiture); streaming revenue $152M up 7%
AMC Networks Q2 net loss $0.66/diluted share; revenue down 8% to $626M; adjusted EPS $1.24
Diluted EPS loss of $0.66 (GAAP); adjusted EPS $1.24; operating income $11M includes $97M impairment.
AMC Networks closes $143.75M offering of 4.25% convertible senior notes due 2029
Issued $143.75M aggregate principal of 4.25% convertible senior notes due Feb 15, 2029; includes full exercise of initial purchasers' option.
AMC Networks prices $125M convertible notes at 4.25% due 2029
Priced $125M aggregate principal amount of 4.25% convertible senior notes due 2029; optional $18.75M additional capacity.
AMC Networks Q1 revenue falls 17%; free cash flow improves to $144M
Net revenue $596M, down 17% YoY; excluding Silo and 25/7 Media, down 6%.
AMC Networks issues $875M 10.25% senior secured notes due 2029; extends credit facility to 2028
Issued $875M of 10.25% Senior Secured Notes due Jan 15, 2029; interest payable semiannually starting Jul 15, 2024.
AMC Networks proposes $700M senior secured notes offering, commences tender for $775M 2025 notes
Offering $700M aggregate principal of senior secured notes due 2029 in private placement.
AMC Networks Q4 revenue down 29.6% YoY; operating loss improves to $11.4M; adjusted EPS $0.72
Q4 net revenue $678.8M, down 29.6% YoY; operating loss $11.4M vs $391.6M loss prior year.
AMC Networks Q3 revenue down 6.6%, EPS $1.44; FCF surges to $99M from $7.5M
Net revenues $637M, down 6.6% YoY; operating income $121M (-19.8%).
AMC Networks Q2 revenue down 8% to $679M; free cash flow jumps 381% to $148M
Net revenues $679M (-8% YoY); operating income $106M (-31%); adjusted operating income $177M (-10%).
Net revenues $717M (+1% YoY); operating income $173M (-1%); adjusted operating income $216M (+2%) with 30% margin.
AMC Networks reduces revolver to $400M, switches to SOFR, boosts incremental debt basket to $1.2B
Revolving credit commitments cut from $500M to $400M, a 20% reduction.
AMC Networks posts Q4 operating loss of $392M on impairment; adjusted operating income +34%
Q4 net revenues $965M (+20% YoY); operating loss $392M includes impairment; adjusted operating income $137M (+34%).
AMC Networks appoints Kristin Dolan as CEO; base $2M, special RSU $6M
Kristin Dolan appointed CEO effective Feb 27, 2023; founded 605 (audience analytics) and was COO of Cablevision.
AMC Networks appoints James L. Dolan as Interim Executive Chairman after CEO Christina Spade departs
James L. Dolan, age 67, appointed Interim Executive Chairman effective December 5, 2022.
AMC Networks announces restructuring plan with $350M-$475M pre-tax charges
Commences restructuring on Nov 28, 2022, to cut costs amid cord-cutting and economic headwinds.
AMC Networks CEO Christina Spade steps down; board seeking successor
Christina Spade ceased as CEO effective November 28, 2022.
AMC Networks Q3 revenue falls 16% to $682M; streaming subs up 44% to 11.1M
Net revenue $682M (-16% YoY); operating income $151M (-20%); diluted EPS $1.94.
On June 16, 2026, the Board of Directors (the “Board”) of AMC Global Media Inc. (the “Company”) appointed Hozefa Lokhandwala, age 51, as Executive Vice President and Chief Financial Officer of the Company, effective as of June 16, 2026.
On July 26, 2024, James G. Gallagher, Executive Vice President and General Counsel of AMC Networks Inc. (the “ Company ”) and the Company entered into a separation agreement (the “ Separation Agreement ”) pursuant to which Mr. Gallagher will remain employed by the Company until his retirement on January 2, 2025 or any earlier date on which the Company or Mr. Gallagher terminates his employment.
On July 10, 2024, the Class B Directors of the Company appointed Christopher Cox as a new Class B director to fill the Class B director vacancy resulting from Ms. Dolan Weber's resignation, and the Board of Directors of the Company approved his appointment as a Class B director of the Company, effective as of July 12, 2024.
On July 3, 2024, Marianne Dolan Weber, a Class B Director of AMC Networks Inc. (the “Company”), notified the Company that she will be resigning as a director of the Board of Directors, effective as of July 8, 2024.
On August 15, 2023, the Board of Directors of AMC Networks Inc. (the “Company”) appointed Michael J. Sherin III, age 53, Executive Vice President and Chief Accounting Officer of the Company effective August 17, 2023.
On May 30, 2023, Michael J. Sherin III, Executive Vice President and Chief Accounting Officer of AMC Networks Inc. (the “Company”), resigned from the Company, effective as of July 4, 2023, to take a senior position at another company.
On March 10, 2023, Kristin Dolan, Chief Executive Officer of AMC Networks Inc. (the “Company”), notified the Company of her intention to resign as a director of the Company effective as of the close of business on March 10, 2023.
appointed Kristin Dolan, age 56, as Chief Executive Officer of the Company commencing February 27, 2023.
the departure of Christina Spade, the Company’s former Chief Executive Officer
On November 28, 2022, Christina Spade stepped down from her role as Chief Executive Officer of AMC Networks Inc. (the “Company”).
On October 19, 2022, the Board of Directors of AMC Networks Inc. (the “Company”) expanded the size of the Board of Directors from 14 directors to 15 directors and appointed Mr. Matthew C. Blank to serve as a member of the Board.
appointed Christina Spade, age 53, the Company’s current Chief Operating Officer and Chief Financial Officer, as Chief Executive Officer of the Company commencing September 9, 2022
Max materiality 0.80 · Median 0.65 · Most common event earnings