AMC Networks Q Income Falls, U. S. Sales Slip On Softer Advertising – Deadline

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National Networks revenues for the second quarter 2020 reduced 18% to $496 million, working income reduced 12. 4% to $188 million, and altered operating income reduced 11. 2% to $210 million, all in comparison to the prior year period. The reduce in ads revenues was basically related to the impact of the COVID 19 pandemic, which ended in lower demand, in addition to the timing of the airing of customary programming.

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Distribution revenues reduced 19. 9% to $308 million. The reduce in distribution sales was attributable to a cut back in both subscription revenues and content material licensing sales.

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