AMC Networks saw an 18% drop in U.S. ad sales but a 12% increase in revenue for the company's streaming business during the second quarter of 2025.

AMC Networks saw streaming gains during Q2, but ongoing advertising woes coupled with a continued downturn in the pay TV industry weighed on its earnings.

AMC Networks reported net revenue of $600 million, down 4 percent from the prior year, but above analyst expectations. The company reported adjusted earnings per share of 69 cents after reporting adjusted earnings per share of $1.24 in the year earlier period, but also above expectations.