Altice USA reported a loss of 77,600 video subscribers in Q3, resulting in lower earnings. In contrast, Roku's TTM streaming hours for $ROKU surpassed 100 billion in Q3 FY23, a five-fold increase over the last five years. AMC Networks, despite an 18% decrease in U.S. ad revenue, grew its streaming subscribers to 11.1 million, rebounding after two consecutive quarters of decline. However, despite adding 100,000 streaming subscribers in Q3, AMC Networks' revenue fell short of expectations, reaching $637 million due to reduced ad and affiliate revenue.
AMC Networks Q3 Results Hit By Drops In Advertising And Affiliate Revenue https://t.co/uqBsdHgHXt
AMC Networks Falls Short of Q3 Revenue Expectations With $637 Million Due to Lower Ad and Affiliate Revenue https://t.co/9K8MPLoBw4
AMC Networks Adds 100,000 Streaming Subscribers in Q3 Following Two Straight Quarters of Decline https://t.co/KWBaExOZJ1
AMC Networks U.S. Ad Revenue Drops 18 Percent, Streaming Subs Hit 11.1M in Return to Growth https://t.co/kJrXalCS7o
TTM Streaming Hours for $ROKU crossed 100 billion in Q3 FY23 This metric is up ~5x over the past five years (~37% CAGR) https://t.co/Nqh4DYVdYc
Altice USA Loses 77,600 Video Subscribers as Third Quarter Earnings Fall https://t.co/nWqCfRxEeh