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AMC Networks reported second quarter 2026 revenue of $547.5 million, missing analyst estimates of $554.3 million and falling 8.8% year on year. The television broadcasting and production company posted a non-GAAP loss of $0.28 per share, significantly worse than the expected loss of $0.08 per share. Operating margin declined to 2.9% from 10.7% in the same quarter last year, whilst free cash flow margin dropped to 7.9% from 16%. The company's three main revenue segments all struggled. Affiliate revenue declined by an average of 8.5% over the past two years, advertising revenue remained flat, and streaming revenue fell by an average of 9.3%. Analysts expect AMC Networks' revenue to remain flat over the next 12 months.

Netflix extends and expands 'The Walking Dead' & spin-offs streaming rights deal through 2032. Netflix and AMC have announced a landmark deal bringing the complete 371-episode 'The Walking Dead' franchise to Netflix subscribers globally. Just announced by Netflix, AMC, and the trades today is a massive new multi-year agreement: Netflix and AMC Global Media are expanding their partnership to bring the original The Walking Dead series - along with all six of its spin-offs - to Netflix in multiple territories around the world. If you've been keeping a close eye on our coverage, you'll know that the partnership between Netflix and AMC has been evolving rapidly over the last few years. Since mid-2024, we've seen much of AMC's greatest-hits library licensed to Netflix in the US and many other parts of the world. Many were on short-term agreements while others still remain streaming to this day. Among the titles added, at least in the US, were some of The Walking Dead spin-offs, but those never made their way onto Netflix in international regions and have been getting new updates (such as Daryl Dixon S3 dropping in July and Dead City S2 dropping in January 2026). Get the latest Netflix news, reviews, and releases in your inbox. Now, AMC and Netflix are going all in on walkers. Here is a breakdown of what this landmark co-exclusive streaming agreement (valued at $500 million) means for Netflix subscribers, since what's coming and what's happening vary depending on where you live. The original series is staying (and expanding!). First and foremost, for those of you who have frequently asked us when The Walking Dead will leave Netflix, our previous coverage confirmed that the rights were set to expire in January 2027, but that's no longer the case, now set to run through 2032. Netflix has been the exclusive US streaming home for the original survival drama since 2011. Under this new deal, Netflix is not only retaining the US rights, but extending the show's availability to major new international territories. Viewers in the UK, Italy, Australia, and New Zealand will soon be able to stream the original 11-season, 177-episode run on Netflix. As part of the co-exclusive nature of the deal, the original The Walking Dead series will also be made available on AMC+ for the very first time early next year. Also of note: when Netflix first launched its ad tier, The Walking Dead was blocked, although that block was lifted last year. All six spin-offs heading to Netflix globally in 2027. The most exciting part of this announcement is the arrival of the extended Walking Dead Universe. Starting in 2027, Netflix will become the global streaming home for all six spin-off series (though exact rollout dates will vary by territory depending on when existing regional licenses expire). The spin-offs included in the deal are: * Fear the Walking Dead * The Walking Dead: Dead City * The Walking Dead: The Ones Who Live * The Walking Dead: World Beyond * Tales of the Walking Dead * The Walking Dead: Daryl Dixon This massive drop will bring the total package to a staggering 371 episodes across all seasons and series. If you're feeling a bit overwhelmed by the sheer volume of walker-slaying content heading your way, don't worry - we've already put together a comprehensive guide on how to watch all The Walking Dead shows in chronological order. What the executives are saying. Both Netflix and AMC are touting this as a massive win for fans. "Audiences have discovered and loved The Walking Dead on Netflix for nearly 15 years and the show continues to attract new fans," said Lori Conkling, Vice President of Licensing at Netflix. Kristin Dolan, CEO of AMC Global Media, echoed the enthusiasm for the expanded partnership: "This deal creates a global destination for this universe - all shows, all episodes - making the franchise more accessible than ever to fans around the world... Netflix has been an important partner in making The Walking Dead one of the most successful franchises in the history of entertainment. This agreement is a fantastic result for our companies, for the fans and for this timeless IP." According to AMC's financial filings, "Netflix will pay an aggregate content license fee of $500 million payable in quarterly cash installments over the licensed period for each licensed title, commencing on the applicable start date for that title. The Company expects to receive cash payments of approximately $25 million in 2026. The Company expects to receive annual cash payments of approximately $100 million in 2027, 2028, 2029 and 2030, and expects to receive the remaining amount in 2031." Looking at the engagement report, it's clear why Netflix wants this monster collection available. According to the Engagement Report data covering all of 2023 through mid-2026, the mothership series and its various spin-offs, despite not being available globally, have now pulled in 3.89B viewing hours, equating to 345.7M views. Are you excited to finally have the entire Walking Dead Universe available to stream in one place on Netflix? Let us know in the comments down below!

DAZN secures exclusive live sports streaming rights to MSG Networks, YES Network. July 29, 2026 MSG Networks and YES Network have entered into a partnership with DAZN that will make the subscription sports streaming platform the exclusive direct-to-consumer streaming home of Major League Baseball's New York Yankees, the NBA's New York Knicks, New York Nets, and the NHL's New York Rangers, New Jersey Devils, New York Islanders and Buffalo Sabres games, beginning with the 2026-27 seasons. The deal also includes on-demand content, including highlights, behind-the-scenes programming and Emmy Award-winning original series. Subscribers who receive MSG Networks or the YES Network as part of their pay-TV subscription will continue to receive MSG and YES content, as applicable, via the DAZN platform at no additional cost. Current users of The Gotham Sports App - the previous streaming home of YES and MSG - will continue to receive access to the content as they migrate users to DAZN during the 2026-2027 NBA and NHL seasons. Exact timing and other details of the migration will be announced in the coming months. The partnership is a significant move for DAZN, strengthening its role in the U.S. market as the home of the largest sports market with dedicated and passionate fans. Outside the United States, London-based DAZN offers its 20 million subscribers access to NFL Game Pass, NHL.TV, the NBA and NCAA college football and basketball. "The New York sports landscape has a rich heritage of teams and DAZN is honored to partner with both the YES Network and MSG Networks to become their exclusive direct-to-consumer streaming home," said Shay Segev, CEO of DAZN Group. Kevin Marotta, SVP of content and marketing at MSG Networks, said the DAZN deal will help expand access to New York professional sports globally. "Coming off of a historic Knicks Championship season, we are excited to take our streaming offering to the next level," said Marotta. * N.Y. Yankees-Owned YES Network, MSG Networks Form Streaming Video Joint Venture The YES Network and MSG Networks Jan. 4 announced a joint venture, dubbed "Gotham Advanced Media and Entertainment," designed to take advantage of technical and operational synergies between the companies' YES App and MSG+ streaming platforms. Specifically, GAME will offer... * Peacock to Become Exclusive Home of WWE Network Streaming Service In a major lifeline for pro wrestling streaming access, Peacock and WWE Jan. 25 announced a multiyear agreement that gives Peacock exclusive streaming rights to WWE Network in the United States. NBCUniversal has a longstanding relationship with WWE that began... * FuboTV Streaming Pyeongchang Winter Olympics FuboTV has inked a streaming deal with NBC Universal for access to 2,400 hours of the network's multiplatform coverage of the Olympic Winter Games Feb. 8-25 from Pyeongchang, South Korea. Financial terms of the deal were not disclosed. Sports-themed fuboTV,... * AMC Networks, Roku Expand Streaming Partnership AMC Networks and Roku Nov. 3 announced an expanded partnership that brings AMC Networks' content and branded streaming services to The Roku Channel. The agreement includes the addition of 11 free ad-supported streaming (FAST) channels created and programmed by AMC,...