AMC Networks Swings to Q2 Net Loss of $29.2 Million, U.S. Ad Revenue Falls 11%

The Wrap
By Lucas ManfrediAug 9, 2024, 8:07 am97 pts
AMC Networks swung to a net loss of $29.2 million as the company recorded $97 million in impairment and other charges in its second quarter of 2024. The loss included a $68 million goodwill impairment charge related to the devaluation of its international business, which was found during an assessment of the…

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