AMC Networks Inc. Class A (AMCX)

In the past six months (April to October 2025), AMC Networks' stock price has experienced fluctuations influenced by its earnings reports and broader market sentiment. As of October 24, 2025, the stock price was $7.81, and it had risen by 19.78% over the last six months. In Q1 2025, AMC Networks reported first-quarter results that missed Wall Street expectations, with adjusted earnings per share at $0.52 and revenue dropping 6.9% year-over-year to $555.2 million, leading to an 8% intra-day plunge in AMCX shares. In Q2 2025, the company reported net revenues of $600 million, a 4% decrease from the prior year, but adjusted earnings per share landed at $0.69, ahead of forecasts; streaming revenues increased 12% to $169 million, and streaming subscribers increased 2% to 10.4 million, leading to an 8.8% gain in AMCX shares; the company also announced financing transactions, including the issuance of $400 million of new senior secured notes and a tender offer for existing senior notes, which reduced gross debt outstanding by approximately $400 million.

Information regarding specific demand seasonality for AMC Networks' products and services was not explicitly detailed. The company's Q1 2025 earnings report noted declines in the linear subscriber universe and linear ratings declines impacting advertising revenue, suggesting a general ongoing trend rather than specific seasonal fluctuations for linear TV. Streaming revenue growth was observed, driven by price increases and a focus on higher quality subscribers. The "Murder Mystery May" event on Acorn TV in Q2 2025 indicates that targeted programming events can drive significant subscriber acquisition and engagement during specific periods.

AMC Networks Inc. (AMCX) is an American mass media and entertainment corporation specializing in the production and distribution of premium content, operating within the Communication Services sector, specifically in the Entertainment and Cable/Satellite TV industry. Its major products and services are delivered through Domestic Operations (programming networks like AMC, We tv, BBC AMERICA, IFC, and SundanceTV, subscription streaming services such as AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, original programming through AMC Studios, and film distribution under labels like IFC Films and RLJE Films) and International segments (portfolio of channels under the AMCNI name and production and comedy venue activities under the Levity name). The company generates revenue through affiliate fees, advertising sales, subscription fees, and content licensing.

AMC Networks distributes content in the United States, Europe, and internationally, with international operations extending across North America (Canada), Latin America, Australia, Europe (Spain), Africa, India, New Zealand, and South Korea.

AMC Networks is recognized for its "premier storytelling" and "celebrated original content," benefiting from franchises like "The Walking Dead Universe" and the "Anne Rice Immortal Universe." Recent positive developments include announcements of new programming and updates to its international content sales team. The "Murder Mystery May" programming event drove Acorn TV's biggest month ever in Q2 2025. However, in June 2025, Moody's Ratings downgraded AMC Networks' corporate family rating to B3 from B2, citing "persistent operating challenges" and "declining linear subscriber trends."

Approximately 75.21% of AMC Networks' shares are held by institutional investors, while insider ownership stands at 1.73%. Major institutional owners include RWWM, Inc., BlackRock, Inc., Vanguard Group Inc., JPMorgan Chase & Co., Dimensional Fund Advisors Lp, Marshall Wace, Llp, D. E. Shaw & Co., Inc., Charles Schwab Investment Management Inc, UBS Group AG, and American Century Companies Inc. The Dolan Family Trust is noted as a significant individual owner.