Celebs in News
Kim Kardashian
Kimberly Noel Kardashian West (née Kardashian; born October 21, 1980) is an American media personality, model, businesswoman, socialite and actress. Kardashian first gained media attention as a friend and stylist of Paris Hilton but received wider notice after a 2002 sex tape, Kim Kardashian, Superstar, with her then-boyfriend Ray J was released in 2007. Later that year, she and her family began to appear in the E! reality television series Keeping Up with the Kardashians (2007–present). Its success soon led to the creation of spin-offs including Kourtney and Kim Take New York (2011–2012) and Kourtney and Kim Take Miami (2009–2013).
Related Rumors
deadline.com
information
Trade
google
CEO
Provident
Enterprise
UPS
Drop
AMC Networks Sees 23% Drop In U.S. Advertising Revenue; Adds Streaming Subs; Stock Takes A Hit
Reading now: 582
deadline.com
deadline.comAMC Network posted a 23% drop in advertising for the fourth quarter as total revenue fell 30% to $679 million. The stock is down over 8% in pre-market trade after the numbers.
The company saw streaming revenue up 4% to $145 million on a stronger subscriber base and a 3% increase in streaming subscribers from the previous quarter — to 11.4 million.
AMC said the dip in ad revenues, to $158 million, was due to anticipated linear ratings declines, a challenging ad market and fewer original programming episodes within the quarter — partly offset by digital and advanced advertising revenue growth.
Total operating losses narrowed to $11 million. Free cash flow of $66 million was down sharply from $134 million in the 2022 fourth quarter.
Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations