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AMC Networks Inc (AMCX.OQ)

AMCX.OQ on NASDAQ Stock Exchange Global Select Market

60.45USD
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

AMC Networks Announces $500 Mln Increase In Stock Repurchase Program
Wednesday, 13 Jun 2018 08:30am EDT 

June 13 (Reuters) - AMC Networks Inc ::AMC NETWORKS INC. ANNOUNCES $500 MILLION INCREASE IN STOCK REPURCHASE PROGRAM.AMC NETWORKS INC - NEW AUTHORIZATION OF $500 MILLION INCREASES TOTAL AMOUNT AUTHORIZED TO $1.5 BILLION UNDER STOCK REPURCHASE PROGRAM.AMC NETWORKS INC - STOCK REPURCHASE PROGRAM HAS NO PRE-ESTABLISHED CLOSING DATE AND MAY BE SUSPENDED OR DISCONTINUED AT ANY TIME.  Full Article

AMC Networks Q4 Adjusted Earnings Per Share $1.68
Thursday, 1 Mar 2018 08:30am EST 

March 1 (Reuters) - AMC Networks Inc ::REPORTS FULL YEAR AND FOURTH QUARTER 2017 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.68.Q4 EARNINGS PER SHARE $2.33.Q4 REVENUE FELL 0.4 PERCENT TO $727 MILLION.‍IN Q4 COMPANY RECORDED A TAX BENEFIT OF $67.9 MILLION​.‍ALSO RECORDED A ONE-TIME INCREASE IN INCOME TAX EXPENSE OF $11.0 MILLION ASSOCIATED WITH DEEMED REPATRIATION OF FOREIGN EARNINGS IN QUARTER​.‍ENTERED INTO A MULTI-YEAR DISTRIBUTION AGREEMENT WITH FUBOTV​.  Full Article

AMC Networks Announces Proposal To Acquire RLJ Entertainment
Monday, 26 Feb 2018 08:30am EST 

Feb 26 (Reuters) - AMC Networks Inc ::AMC NETWORKS INC. ANNOUNCES PROPOSAL TO ACQUIRE RLJ ENTERTAINMENT, INC..AMC NETWORKS INC - OFFER FOR $4.25 PER SHARE IN CASH.AMC NETWORKS SAYS EXPECTS BOARD OF DIRECTORS OF RLJ ENTERTAINMENT TO FORM A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO CONSIDER PROPOSAL.AMC NETWORKS - ‍THROUGH OFFER, CO INTENDS FOR RLJ ENTERTAINMENT TO BECOME PRIVATELY OWNED UNIT OF CO, WITH MINORITY STAKE HELD BY ROBERT​ JOHNSON.AMC NETWORKS INC - THROUGH PROPOSAL, CO INTENDS FOR RLJ ENTERTAINMENT TO BECOME PRIVATELY OWNED SUBSIDIARY OF CO.AMC NETWORKS - TO BUY SHARES OF RLJ ENTERTAINMENT NOT CURRENTLY OWNED BY AMC NETWORKS OR ENTITIES AFFILIATED WITH ROBERT L. JOHNSON​.AMC NETWORKS - ‍ADVISED RLJ ENTERTAINMENT IT IS ONLY INTERESTED IN BUYING RLJ ENTERTAINMENT SHARES NOT OWNED BY CO OR ENTITIES AFFILIATED WITH JOHNSON​.AMC NETWORKS INC - ‍JOHNSON AND DIRECTORS OF RLJ ENTERTAINMENT NOMINATED BY AMC NETWORKS WILL NOT PARTICIPATE IN EVALUATION OF PROPOSAL​.AMC NETWORKS - HAS ALSO ADVISED RLJ ENTERTAINMENT IT HAS NO INTEREST IN DISPOSING OF ITS STAKE IN RLJ OR PARTICIPATING IN ANY OTHER STRATEGIC PROCESS​.  Full Article

Leon Cooperman‍​ reports a 5.84 pct passive stake in AMC Networks
Monday, 13 Nov 2017 05:31pm EST 

Nov 13 (Reuters) - Leon Cooperman‍​::Leon Cooperman‍​ reports a 5.84 percent passive stake in AMC Networks Inc <<>> as of November 3 .  Full Article

Amc Networksposts Q3 EPS of $1.35
Thursday, 2 Nov 2017 08:00am EDT 

Nov 2 (Reuters) - Amc Networks Inc :Amc networks inc. Reports third quarter 2017 results.Q3 adjusted earnings per share $1.68.Q3 earnings per share $1.35.Q3 revenue $648 million versus I/B/E/S view $660.1 million.Q3 earnings per share view $1.16 -- Thomson Reuters I/B/E/S.  Full Article

AMC Networks Q2 earnings per share $1.54
Thursday, 3 Aug 2017 08:00am EDT 

Aug 3 (Reuters) - AMC Networks Inc :AMC Networks Inc reports second quarter 2017 results.Q2 adjusted earnings per share $1.88.Q2 earnings per share $1.54.Q2 revenue $711 million versus I/B/E/S view $714.9 million.Q2 earnings per share view $1.41 -- Thomson Reuters I/B/E/S.Says remain on track to deliver on full-year total company outlook.Says Q2 results include impact of impairment charges of $17 million related to AMCNI-DMC, company's Amsterdam-based media logistics facility.  Full Article

AMC Networks announces pricing of $800 mln of senior notes
Wednesday, 19 Jul 2017 05:19pm EDT 

July 19 (Reuters) - AMC Networks Inc :AMC Networks Inc. announces pricing of $800 million of senior notes.AMC Networks Inc - ‍It has priced a public offering of $800 million in aggregate principal amount of 4.75% senior notes due 2025​.  Full Article

AMC Networks Inc says proposed public offering of $500 mln in aggregate principal amount of senior notes
Wednesday, 19 Jul 2017 07:21am EDT 

July 19 (Reuters) - AMC Networks Inc ::AMC Networks Inc announces proposed offering of $500 million of senior notes.AMC Networks Inc says proposed public offering of $500 million in aggregate principal amount of senior notes due 2025.AMC Networks - ‍intends to use a portion of proceeds of offering to repay up to approximately $450 million of loans under company's term loan a facility​.  Full Article

AMC Networks' unit enters into sale and purchase agreement with TVT Ltd
Friday, 14 Jul 2017 04:31pm EDT 

July 14 (Reuters) - AMC Networks Inc :AMC Networks says on July 12, co's unit entered into a sale and purchase agreement with TVT Ltd for sale of Digital Media Centre B.V. - SEC filing.Company will recognize a pre-tax loss of approximately $12 million on sale of AMCNI - DMC in Q3 of 2017.Subsequent to sale, TVT Ltd will continue to provide broadcast services to AMC Networks International.Company will recognize a pre-tax impairment charge of approximately $17 million in Q2 of 2017.  Full Article

RLJ Entertainment broadens strategic partnership with AMC Networks
Tuesday, 20 Jun 2017 04:15pm EDT 

June 20 (Reuters) - RLJ Entertainment Inc -:RLJ Entertainment says broadened its strategic partnership with amc networks to accelerate its content investments and other strategic initiatives for acorn tv.Says AMC Networks tranche a term loan was expanded to $23 million from $13 million.RLJ Entertainment - AMC also extended maturity on base amount by one year to 2020 with additional amount due in 2021.RLJ Entertainment says its chairman robert johnson converts 100% of preferred stock into common stock.RLJ Entertainment - AMC Networks exercised $5 million of its tranche a warrants into rlje common stock at $3 per common share.  Full Article

BRIEF-AMC Networks Reports Q1 Adjusted Earnings Per Share Of $2.65

* Q1 EARNINGS PER SHARE VIEW $2.19 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage: