AMC Networks reported net revenue of $555 million, down from $596 million the previous year. Operating income fell from $110 million to $63 million. Earnings per share price is 54 cents, and analysts are underestimated.

Subscription revenue fell 3% to $313 million due to a decline in the linear user universe. Streaming revenue rose 8% to $157 million, mainly due to the rise in prices.

Starting this quarter, the company is changing the way it reports streaming orders. The numbers now include only subscribers who pay for one of the services, including AMC+, Acorn TV, Shudder, etc., rather than those who receive streaming services through a video suite, which also includes linear programming, such as Charter's Spectrum TV customers, such as AMC+ AMC+, because they get AMC+ in the spectrum, because they get Ender textrum video package in their spectrum, which has received the final service.

This also led the company to "recast" its previous subscriber number. In view of this, the company reported 10.2 million subscribers in the first quarter, with the figures a year ago being unified. This is a slight decrease from the 4th quarter of 2024 replay of 100.4 million.

“The reduction in order reflects our continued focus on higher quality subscribers, which is achieved by implementing new registrations for our DTC and partners to acquire Funnels and the timing and pace of content segments and subscribers to acquire marketing,” the company said in a press release.

Domestic advertising sales fell 15% to $119 million due to the decline in cable ratings. Content licensing revenue decreased by 13% to $54 million due to delivery availability during the period, which also included the impact of rights and interests in the previous year. Kill Eve.

“We continue to execute on our core strengths as we navigate the changing world of media. During the first quarter we delivered high-quality premium programming to our audiences, launched ad-supported AMC+ on Charter and generated $94 million of free cash flow. We remain nimble and opportunity in broadly distributing our sought-after content across all available platforms to build value for our partners, views and Shareholders,” said Kristin Dolan, said CEO.

And more.