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AMC Networks Beats Q3 Forecasts With Help From Netflix, Stock Pops

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scrn logline
AMC Networks sees streaming surge thanks to Netflix deal, beating Q3 expectations despite overall revenue dip.
beat sheet
  • AMC's new partnership with Netflix is driving a surge in streaming subscribers and revenue, helping offset declines in traditional TV viewership.
  • AMC+ subscription service added over 1 million new customers in Q3, a 30% jump, as the company leans into streaming to offset linear TV woes.
call sheet
AMC Networks, Netflix
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