AMC Networks Inc.

What the company is

A Nevada corporation that serves as a holding company for subsidiaries engaged in global entertainment content creation, distribution, and licensing.

Core business model

• Produces, owns or licenses content and distributes it across multiple platforms:
  • Linear domestic networks
  • Subscription streaming services
  • Ad-supported streaming and connected TV platforms
  • Licensing owned or licensed content to third parties
• Operates an in-house studio and production/distribution unit (AMC Studios) to originate content and retain ownership/control.
• Runs a film distribution business under the IFC Entertainment Group (Independent Film Company, RLJE Films, Shudder) and operates the IFC Center in New York City.
• Distributes programming internationally through AMC Networks International (AMCNI), with regional channels and localized brands.

Key branded services and platforms

• Domestic programming networks: AMC, WE tv, BBC AMERICA (BBCA), IFC, SundanceTV
• Domestic streaming services: AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE, All Reality
• Film and distribution brands: Independent Film Company, RLJE Films, Shudder
• Production/distribution: AMC Studios
• International: AMCNI (global AMC brand and local channels)

International structure and regions

• AMCNI operates in regions including:
  • United Kingdom (joint venture with Paramount International Networks)
  • Central and Northern Europe (CNE)
  • Southern Europe (SE)
  • Latin America (LATAM)
• Activities include a mix of channels, local production, and branded streaming/VOD offerings tailored to each market.

Customer/subscriber and channel metrics (as of Dec 31, 2025)

• Domestic networks (estimated U.S. subscribers, Nielsen-based):
  • AMC: ~55 million
  • WE tv: ~54 million
  • BBCA: ~51 million
  • IFC: ~47 million
  • SundanceTV: ~45 million
• Streaming subscribers: ~10.4 million across AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE and All Reality
• FAST/Channels: 33 distinct channels featuring AMC content across 23 FAST platforms

Workforce

• Global employees: 1,738
• Full-time employees: 1,675

Selected financial items (reported)

• Advertising revenue: $581 million for the year ended December 31, 2025 (vs. $677 million in 2024)
• Impairments in 2025:
  • Goodwill impairment: $93.4 million
  • Indefinite-lived intangible asset impairment: $4.4 million