Impact of Cable/Satellite TV Decline on Left-Wing Hollywood Outlets

SOURCE www.breitbart.com
AMC Networks reported a two percent jump in streaming subscribers and a three percent increase in streaming revenues, but a 13% drop in U.S. ad revenue led to a 10% stock decline. The decline is attributed to the shift from cable/satellite TV to streaming services.

Key Points

  • Shift from cable/satellite TV to streaming services affecting ad revenue for left-wing entertainment outlets like AMC Networks.
  • Streaming services require merit-based content to attract and retain subscribers, unlike cable/satellite TV's affirmative action model.

Pros

  • Increased streaming subscribers and revenues for AMC Networks.

Cons

  • Decline in U.S. ad revenue for AMC due to linear ratings decline.