AMC Global Media Faces Stock Decline Despite Streaming Growth

WHO:

Deadline - AMC Global Media is the organization involved.

Variety - Netflix is the co-partner in the streaming deal.

WHAT:

Deadline - AMC Global Media announced a $500 million renewal of "The Walking Dead" with Netflix.

Deadline - AMC Global Media reported second-quarter results that were below Wall Street's expectations.

Deadline - Shares in AMC Global Media sank 6% in pre-market trading following the earnings news.

Variety - Streaming revenue for the second quarter increased 6% to $180 million.

Variety - U.S. ad sales were down 11% at $109 million.

WHERE:

Variety - The earnings report pertains to AMC Global Media's operations in the United States.

WHEN:

Variety - The second quarter referred to in the earnings report ran from March to May 2026.

WHY:

Variety - The decline in U.S. ad sales is noted as a contributing factor to the overall earnings miss.

HOW:

Deadline - The stock decline occurred in pre-market trading following the announcement of the earnings report.

(UPDATED July 30, 2026 13:36 UTC)

AMC Global Media has announced a significant $500 million renewal of "The Walking Dead" in partnership with Netflix, despite reporting second-quarter results that fell short of Wall Street's expectations. Following the earnings news, shares in AMC Global Media dropped 6% in pre-market trading, with U.S. ad sales down 11% at $109 million contributing to the overall earnings miss, although streaming revenue did see a 6% increase to $180 million. The second quarter, which ran from March to May 2026, highlighted the challenges facing the company in the current advertising landscape.