AMC Networks Files 2024 10-K
Ticker: AMCX · Form: 10-K · Filed: Feb 14, 2025 · CIK: 1514991
Sentiment: neutral
Topics: 10-K, annual-report, financials
Related Tickers: AMCX
TL;DR
AMC Networks dropped its 2024 10-K. Check financials.
AI Summary
AMC Networks Inc. filed its 2024 10-K on February 14, 2025, reporting on its fiscal year ending December 31, 2024. The company, headquartered at 11 Penn Plaza, New York, NY, operates in the cable and other pay television services sector. The filing details financial performance and business operations for the period.
Why It Matters
This filing provides a comprehensive overview of AMC Networks' financial health and strategic direction for investors and analysts to assess the company's performance and future prospects.
Risk Assessment
Risk Level: medium — This is a standard annual financial filing (10-K) and does not inherently contain new, high-risk information beyond what is typical for such reports.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the reporting period for the 2024 fiscal year.)
- 001-35106 — SEC File Number (Unique identifier for AMC Networks' filings with the SEC.)
Key Players & Entities
- AMC Networks Inc. (company) — Filer of the 10-K
- 20241231 (date) — Fiscal year end date
- 20250214 (date) — Filing date
- 11 PENN PLAZA, NEW YORK, NY 10001 (location) — Company business and mailing address
FAQ
What is the primary business of AMC Networks Inc.?
AMC Networks Inc. operates in the CABLE & OTHER PAY TELEVISION SERVICES sector, as indicated by its SIC code [4841].
When did AMC Networks Inc. file its 2024 10-K report?
The 10-K report for the fiscal year ending December 31, 2024, was filed on February 14, 2025.
What is the state of incorporation for AMC Networks Inc.?
AMC Networks Inc. is incorporated in Delaware (DE).
What is the main business address for AMC Networks Inc.?
The company's business address is 11 PENN PLAZA, NEW YORK, NY 10001.
What is the SEC file number associated with AMC Networks Inc.?
The SEC file number for AMC Networks Inc. is 001-35106.
Filing Stats: 4,487 words · 18 min read · ~15 pages · Grade level 14.5 · Accepted 2025-02-14 16:57:26
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share AMCX The NASDAQ Stock Market
Filing Documents
- amcx-20241231.htm (10-K) — 2673KB
- amcx-123124xexx19.htm (EX-19) — 31KB
- amcx-12312024xex21.htm (EX-21) — 10KB
- amcx-12312024xex22.htm (EX-22) — 67KB
- amcx-12312024xex23.htm (EX-23) — 2KB
- amcx-12312024xex311.htm (EX-31.1) — 9KB
- amcx-12312024xex312.htm (EX-31.2) — 9KB
- amcx-12312024xex32.htm (EX-32) — 7KB
- amcx-20241231_g1.jpg (GRAPHIC) — 108KB
- amcx-20241231_g10.jpg (GRAPHIC) — 11KB
- amcx-20241231_g11.jpg (GRAPHIC) — 184KB
- amcx-20241231_g12.jpg (GRAPHIC) — 11KB
- amcx-20241231_g13.jpg (GRAPHIC) — 6KB
- amcx-20241231_g14.jpg (GRAPHIC) — 3KB
- amcx-20241231_g15.jpg (GRAPHIC) — 36KB
- amcx-20241231_g16.jpg (GRAPHIC) — 11KB
- amcx-20241231_g17.jpg (GRAPHIC) — 130KB
- amcx-20241231_g2.jpg (GRAPHIC) — 12KB
- amcx-20241231_g3.jpg (GRAPHIC) — 18KB
- amcx-20241231_g4.jpg (GRAPHIC) — 5KB
- amcx-20241231_g5.jpg (GRAPHIC) — 4KB
- amcx-20241231_g6.jpg (GRAPHIC) — 29KB
- amcx-20241231_g7.jpg (GRAPHIC) — 190KB
- amcx-20241231_g8.jpg (GRAPHIC) — 270KB
- amcx-20241231_g9.jpg (GRAPHIC) — 2KB
- 0001514991-25-000009.txt ( ) — 17294KB
- amcx-20241231.xsd (EX-101.SCH) — 97KB
- amcx-20241231_cal.xml (EX-101.CAL) — 191KB
- amcx-20241231_def.xml (EX-101.DEF) — 502KB
- amcx-20241231_lab.xml (EX-101.LAB) — 1134KB
- amcx-20241231_pre.xml (EX-101.PRE) — 826KB
- amcx-20241231_htm.xml (XML) — 2451KB
FORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS 4 Part I
Risk Factors
Item 1A. Risk Factors 17
Unresolved Staff Comments
Item 1B. Unresolved Staff Comments 36
Cybersecurity
Item 1C. Cybersecurity 36
Properties
Item 2. Properties 36
Legal Proceedings
Item 3. Legal Proceedings 37
Mine Safety Disclosures
Item 4. Mine Safety Disclosures 38 Part II
Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 39
[Reserved]
Item 6. [Reserved] 40
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 41
Quantitative and Qualitative Disclosure About Market Risk
Item 7A. Quantitative and Qualitative Disclosure About Market Risk 59
Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data 60
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 60
Controls and Procedures
Item 9A. Controls and Procedures 60
Other Information
Item 9B. Other Information 61
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 61 Part III
Directors, Executive Officers and Corporate Governance
Item 10. Directors, Executive Officers and Corporate Governance 62
Executive Compensation
Item 11. Executive Compensation 62
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 62
Certain Relationships and Related Transactions, and Director Independence
Item 13. Certain Relationships and Related Transactions, and Director Independence 62
Principal Accountant Fees and Services
Item 14. Principal Accountant Fees and Services 62 Part IV
Exhibits and Financial Statement Schedules
Item 15. Exhibits and Financial Statement Schedules 63
Form 10-K Summary
Item 16. Form 10-K Summary 63
FORWARD-LOOKING STATEMENTS
FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K contains statements that constitute forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. In this Annual Report on Form 10-K there are statements concerning our future operating results and future financial performance. Words such as "expects," "anticipates," "believes," "estimates," "may," "will," "should," "could," "potential," "continue," "intends," "plans" and similar words and terms used in the discussion of future operating results and future financial performance identify forward-looking statements. You are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties and that actual results or developments may differ materially from the forward-looking statements as a result of various factors. Factors that may cause such differences to occur include, but are not limited to: the level of our revenues; market demand, including changes in viewer consumption patterns, for our programming networks, our subscription streaming services, our programming (including our owned original programming and our film content) and our production services; demand for advertising inventory and our ability to deliver guaranteed viewer ratings; the highly competitive nature of the cable, telecommunications, streaming and programming industries; the cost of, and our ability to obtain or produce, desirable content for our programming services, other forms of distribution, including digital and licensing in international markets, as well as our film distribution businesses; the loss of any of our key personnel or artistic talent; the impact of strikes, including those related to the Writers, Directors, and Screen Actors guilds; the security of our program rights and other electronic data; breaches or failures of our or our vendors' information technology systems or products, including by cy
Business
Item 1. Business. AMC Networks Inc. is a Delaware corporation with its principal executive offices located at 11 Penn Plaza, New York, NY 10001. AMC Networks Inc. is a holding company and conducts substantially all of its operations through its majority owned or controlled subsidiaries. Unless the context otherwise requires, all references to "we," "our," "us," "AMC Networks" or the "Company" refer to AMC Networks Inc., together with its subsidiaries. "AMC Networks Inc." refers to AMC Networks Inc. individually as a separate entity. Our telephone number is (212) 324-8500. AMC Networks Inc. was incorporated on March 9, 2011 as an indirect, wholly-owned subsidiary of Cablevision Systems Corporation (Cablevision Systems Corporation and its subsidiaries are referred to as "Cablevision"). On June 30, 2011, Cablevision spun off the Company, and AMC Networks Inc. became an independent public company. OVERVIEW AMC Networks is a global entertainment company known for its popular and award-winning content. We distribute our content to audiences globally on an array of distribution platforms, including linear networks, subscription streaming services and other ad-supported streaming platforms, as well as through licensing arrangements. We have an extensive library of television and film properties, including several storied franchises such as The Walking Dead Universe, the Anne Rice catalog, and the Agatha Christie library that are well-known to global audiences. We have operated in the entertainment industry for more than 40 years, and over that time we have created targeted and focused video entertainment products that we own and operate and that are powered by distinguished brands, including AMC, AMC+, BBC AMERICA ("BBCA"), IFC, SundanceTV, We TV, Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE and IFC Films. Through our AMC Studios in-house studio, production and distribution operation, we own and control a significant portion of the original scripted series that we