Jennifer Maas TV Business WriterAMC Networks ended its first quarter of 2022 with 9.5 million streaming subscribers.The new figure, revealed along with the rest of the company’s Q1 financial results on Thursday, is in line with the projection CFO Christina Spade gave in February.
At that time, Spade said she expected AMC Networks add 400-500,000 streaming subscribers by the end of March, after reaching more than 9 million subs at the end of 2021.
Spade also said AMC Networks was anticipating getting halfway to its larger goal of having 20 million to 25 million streaming subs in 2025 by the end of this year.Click here to sign up for Variety‘s free Strictly Business newsletter covering earnings, financial and investment news, and more. AMC Networks’ lineup of targeted streaming services includes AMC+, Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE, newly acquired with the purchase of anime content distributor Sentai.
Those digital offerings are in addition to the company’s linear channels AMC, BBC America (a joint venture with BBC Studios), IFC, SundanceTV, WE tv and IFC Films.Despite the positive subscriber growth news for the quarter that included the debut of the final season of “Killing Eve,” AMC Networks missed on analysts’ estimates for both its revenue and profit.
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