AMC Global Media Takes $4 Million Restructuring Charge in Q1, Streaming Revenue Rises

AMC Global Media (recently rebranded from AMC Networks) reported its first-quarter 2026 earnings Friday, showing streaming revenue rose even as overall paid subscribers ticked down.

During the quarter, AMC took a $4 million restructuring charge, with approximately $3 million of that total tied to the company’s voluntary buyout program for U.S. employees, and approximately $2 million related to a restructuring plan in its International segment, which for the quarter consisted primarily of office closures in Latin America.

Wall Street forecast earnings per share (EPS) of 21 cents on $543 million in revenue, according to analyst consensus data provided by LSEG. AMC Global Media reported adjusted EPS of 8 cents on $542 million in revenue.

“AMC Global Media delivered another quarter of double-digit streaming revenue growth and robust free cash flow generation,” Kristin Dolan said in a letter to shareholders. “We are tracking to plan across all key metrics and are pleased to reiterate our financial outlook for the year. During this changing time in media, we continue to follow our own differentiated playbook as a studio-driven owner of world-class IP, fully distributed across a wide range of owned and partner platforms.”

More to come…