AMC Networks reported its fourth-quarter 2024 earnings Friday, revealing a $268.7 million devaluation of the media company’s U.S. cable channel business, which consists of AMC, BBC America, IFC, SundanceTV,

In its domestic operations unit, AMC Networks said subscription revenue fell 4 percent to $314 million in the fourth-quarter as the company cited declines in linear subscribers, partially offset by streaming revenue growth. Streaming revenues increased 8 percent to $156 million due to year-over-year subscriber growth and price increases.

AMC Networks, the US media and entertainment company, has reported Q4 revenue of $599 million (€570.9m), down 12 per cent on the same period a year ago, missi