AMC Networks Reports 10.2 Million Streaming Subscribers, Changes to Sub Counts
The income from subscriptions dropped by 3%, amounting to $313 million, mainly because of a decrease in the number of users on linear services. On the other hand, streaming revenues grew by 8% to reach $157 million, largely as a result of price hikes.
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The drop in subscription income to $313 million (a 3% decline) was due to fewer users on linear services. Meanwhile, streaming income climbed by 8%, reaching $157 million, primarily because of price increases.