AMC Networks Takes $97 Million Hit to Balance Sheet in Q2 on Devaluation of International Business, BBC America

AMC Networks reported its second-quarter 2024 earnings Friday, revealing a $97 million hit to its balance sheet, including a $68 million goodwill impairment charge at the international division and a $29 million long-lived asset impairment charge at BBC America. The quarter also saw U.S. ad sales drop 11% drop, but a slight increase in streaming […]