Advertising Downturn Keeps AMC Networks From Hitting Q2 Revenue Target

Advertising Downturn Keeps AMC Networks From Hitting Q2 Revenue Target

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AMC Networks posted a 17% decrease in domestic advertising revenue in the second quarter, preventing the company from meeting Wall Street revenue expectations. Total revenue slipped 8% from the same quarter a year ago, coming in at $679 million. The company blamed the ad downturn as well as lower…

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