Content Licensing Gains Power AMC Networks Q1 Earnings as Advertising Revenue Drops – Variety

AMC Networks delivered strong gains in revenue and earnings per share in the first quarter as gains from content licensing pacts offset a 9% slump in ad sales. AMC reported revenue of $741 million, up 2.9% from the year-ago quarter. Earnings per share came in at $2.
— Read on variety.com/2018/tv/news/amc-networks-q1-2018-earnings-1202805501/