AMC Global Media Reports Q3 2026 Results Amid Litigation Settlement and Streaming Divestiture
AMC Global Media (AMCX) reported third-quarter consolidated revenue of $566.1 million, a modest 0.8% increase driven by gains in licensing and streaming. Despite the top-line growth, adjusted operating income fell 25.4% to $70.4 million due to rising technical and operating expenses. The company's bottom line was significantly impacted by a one-time $85 million litigation charge related to 'The Walking Dead,' resulting in a diluted EPS of $(1.13). Strategically, the company divested its ALLBLK streaming service (600,000 subscribers) to Macro to refocus on core platforms. While domestic affiliate and advertising revenues saw declines, content licensing surged by 41.7%. Management maintained full-year revenue guidance of $2.4 billion to $2.45 billion and expects a recovery in content licensing revenue concentration during the fourth quarter.
Tickers: $AMCX
Topics: content licensing litigation charge operating income revenue growth streaming revenue
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Part of the story AMC Global Media Reports Q3 2026 Results Amid Litigation Settlement and Streaming Divestiture (5 articles)