AMC Networks' Revenues Sink 9%, Distribution, Advertising See Double-Digit Declines
- by Wayne Friedman , November 2, 2020
AMC Networks' third-quarter revenues sank 9% to $654 million, a result that was better than expected. Its stock price was up 6% in early Monday morning trading to $22.50.
But analysts remain concerned about the long term.
AMC's U.S. networks were down 17% to $462 million, stemming from advertising and …
