The business is likewise experiencing ongoing decreases in viewership across its traditional television networks.
AMC
It continues to operate within a pay-TV and streaming landscape that consistently works against it. Revenue from the company’s traditional television business is being eroded by cord-cutting trends, while its own streaming offerings struggle to gain traction amidst competition from major players in the industry. These challenges were underscored by AMC’s Q1 2025 financial results, published on Friday.
Key Details:
-
Streaming downturn:
AMC reports approximately 200,000 less streaming subscribers compared to the last quarter. -
Revenue shortfall:
Domestic operations revenue saw a 7% decline year-over-year. -
Accounting changes:
AMC is altering how it tallies streaming subscribers.
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On the streaming front, AMC saw approximately 200,000 subscribers depart during the initial three months, bringing their total down to 10.2 million. This figure remains fairly stable compared to what they reported for the same period in 2023; among these subscribers are those who use AMC as a streamer.
AMC+
,
BritBox
,
Shudder
,
HIDIVE
, and other services.
The domestic operation revenue for the firm decreased by 7% relative to Q1 of 2024, amounting to $486 million. Revenue from content licensing declined by 13%, while advertising income plummeted by 15%, largely due to ongoing declines in viewership across AMC’s cable networks. During an earnings call with investors, representatives from AMC mentioned that a previously planned licensing agreement slated for Q1 will be postponed until Q2 of 2025.
Streaming revenues saw an uptick in the initial three months, largely due to this factor:
price increase on AMC+
, which was implemented for current subscribers starting in January. Nonetheless, within this sector, subscription revenues fell by 3% due to continued decreases in pay-TV.
Starting in the first quarter and moving forward, AMC is changing the way it counts streaming subscribers. Customers who get AMC streaming services through a service that also gives them access to AMC linear channels. That would seem to include viewers
Who gets their AMC+ content?
through
Philo
as well as those who receive one
free AMC+ account
via a Spectrum TV plan.
AMC may not be the biggest player in linear or streaming distribution these days, but the company isn’t throwing in the towel.
AMC+
AMC+ offers an upscale streaming package featuring top content from AMC, BBC America, IFC, SundanceTV, Shudder, Sundance Now, and IFC Films Unlimited. This collection comprises acclaimed original series, hit movies, critically-acclaimed festivals picks, as well as genres like horror, science fiction, true crime, and thriller offerings. The subscription fee stands at $6.99 per month, or you could opt for an annual commitment of $83.88 a year for savings.
…
As a Prime Video member, you can subscribe via this service to access content on both the Prime Video platform and the AMC+ app.
$6.99+ / month