AMC Global Media Reports Mixed Q3 Earnings, Sells ALLBLK Streaming Service

• AMC Global Media reported Q3 earnings of $566.1 million, a less than 1% increase from the prior year.
• Adjusted earnings per share were 44 cents, surpassing expectations of a 1 cent loss.
• The company took a $2.1 million charge from selling its ALLBLK streaming service.
• Content licensing revenue increased by 42% during Q3.
• AMC settled with 'The Walking Dead' creators, leading to a cash outlay.