AMC Networks Q4 Sales Beat, Subscriptions Slide

AMC Networks Inc. Shares Fall 3.6% after Fourth-Quarter Revenue Takes a Hit

AMC Networks Inc. shares dropped 3.6% in premarket trading on Friday as the company reported a decline in subscriptions, impacting its fourth-quarter revenue. The network, known for its popular show “The Walking Dead” franchise, reported a net loss of $11.4 million, or a loss of 50 cents a share, compared to a net loss of $391.6 million, or a loss of $6.11 a share, in the same quarter of the previous year.