AMC Global Media Posts $2.1 Million Charge After ALLBLK Sale

AMC Global Media absorbed a $2.1 million restructuring charge in its third quarter of 2026 following the sale of its ALLBLK streaming service. The financial hit coincided with a sharp rise in content licensing sales, which drove the company's overall revenue growth for the period.

The quarter also finalized a long-running dispute over the intellectual property rights to The Walking Dead. AMC reached a settlement agreement with series creator Robert Kirkman and other producers on September 4. The deal required a cash payment of $85 million, with the remaining balance of $35 million due by January 31, 2027. The company recorded the full $85 million as a charge to dismiss the legal action with prejudice.

Financial results exceeded analyst expectations. LSEG consensus data projected a loss of 1 cent per share on $584.9 million in revenue. AMC reported an adjusted earnings per share of 44 cents on total revenue of $566 million. The stronger performance was attributed to increases in both domestic affiliate and advertising income.

CEO Kristin Dolan told shareholders in a letter that the company saw consolidated revenue growth led by its licensing and streaming operations. She noted improvements in revenue trends compared to the previous quarter and the same period last year.

Dolan stated that AMC continues to rely on a targeted streaming strategy that complements larger, more expensive provider options. The company runs on a single technology platform with specific pricing and packaging models. Her statement highlighted the AMC Studios business, which creates intellectual property for internal platforms and partners through co-production relationships and content sales.

The company will continue to manage its portfolio of streaming services and studio output as it moves into the fourth quarter of 2026.