MARKET COMPOSITE
AMCX - AMC Networks Inc7:59:57 PM 4/18/2024
Price
$10.61
+ 0.36 (3.51%)
AMC Networks Inc. is an American entertainment company headquartered in 11 Penn Plaza, New York, that owns and operates the cable channels AMC , IFC, We TV, BBC America , and SundanceTV; the art house movie theater IFC Center in New York City; the independent film companies IFC Films and RLJE Films; and premium streaming services Sundance Now and Shudder. In addition, the company operates AMC Networks International, its global division. The company was originally launched in 1980 and formerly known as Rainbow Media Holdings, LLC , a subsidiary of Cablevision, but was spun off as a publicly traded company in July 2011. The company is majority-owned and controlled by the Dolan family.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue678.8MM+7%
Gross Profit284.9MM-
Cost Of Revenue393.9MM+38%
Operating Income-11.4MM-109%
Operating Expenses296.4MM-
Net Income-21.8MM-134%
G&A197MM+5%
Amortization9.8MM-
Interest Expense37.4MM-4%
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Stock news

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    Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Spare a thought for those who held AMC...

    NEW YORK, April 05, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced the early results, as of 5:00 p.m. New York City time, on April 5, 2024 (the “Early Tender Date”) of its previously announced cash tender offer (the “Offer”) to purchase any and all of its outstanding 4.75% Senior Notes due 2025 (the “Notes”). The terms and conditions of the Offer are described in an Offer to Purchase, dated March 25, 2024 (the “Offer to Purchase”), which was previously distri

    NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it has priced an offering of $875 million aggregate principal amount of 10.25% senior secured notes due 2029 (the “Notes”) in a private offering, which represents an increase of $175 million in aggregate principal amount of the Notes from the amount announced at the launch of the offering. The Notes will be unconditionally guaranteed, on a joint and several basis,

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    NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has given notice of its intention to redeem all of its outstanding 4.75% Senior Notes due 2025 (CUSIP Number 00164V AE3) (the “Notes”) on April 24, 2024 (the “Redemption Date”). If the condition to the redemption of the Notes described below is satisfied, the Notes will be redeemed at a redemption price of 100.000% of the principal amount of the Notes plus accrued and unpaid inte

    NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) in a private offering. The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks’ existing and future domestic subsidiaries, subject to certain exceptions, on a senior s

    NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has commenced a cash tender offer (the “Offer”) to purchase any and all of its outstanding 4.75% Senior Notes due 2025 (the “Notes”). The terms and conditions of the Offer are described in an Offer to Purchase, dated March 25, 2024 (the “Offer to Purchase”). The Company intends to fund the Offer, including accrued interest and fees and expenses payable in connection with the Offe

    While AMC Networks Inc. ( NASDAQ:AMCX ) might not have the largest market cap around , it saw significant share price...