AMC Global Media posted Q2 net loss attributable to shareholders of USD 21.94 million, swinging from profit; diluted EPS turned to a loss of USD 0.51.
Revenue fell 8.8% to USD 547.5 million from a year earlier; operating income dropped 75.4% to USD 15.85 million.
Net cash from operating activities declined 44.4% to USD 57.19 million; free cash flow slid 54.8% to USD 43.27 million.
Netflix rights deal and distribution agreements
Signed a five-year Netflix deal for co-exclusive global streaming rights to the Walking Dead Universe, totaling USD 500 million in license fees.
CEO Kristin Dolan cited renewed distribution agreements with Comcast and YouTube, alongside the expanded Netflix partnership, as key drivers behind higher full-year guidance.
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