AMC Global Media Takes $4 Million Restructuring Charge in Q1, Streaming Revenue Rises
News Source : Variety
News Summary
- streaming subscribers were down 1% year-over-year to 10.1 million during the January-March quarter.
- AMC says it will no longer report streaming subscribers on a regular quarterly basis moving forward.
- During the quarter, AMC took a $4 million restructuring charge, with approximately $3 million tied to the company’s voluntary buyout program for U.S. employees.
- Wall Street forecast earnings per share (EPS) of 21 cents on $543 million in revenue, according to analyst consensus data provided by LSEG.
AMC Global Media (recently rebranded from AMC Networks) reported its firstquarter 2026earningsFriday, showing streaming revenue rose even as overall paid subscribers ticked down.Per AMC, streami [+2349 chars]
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