0001514991-24-000007 | 10-K | XBRL Viewer

Print Document View Excel Document

Revenue Recognition (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue recognized		$ 111.4	$ 185.6	$ 61.2
Maximum limit of unpaid customer receivables	$ 125.0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue recognition period		1 year
Distribution \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue recognition period		1 year
Advertising
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Payment terms		30 days
Advertising \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue recognition period		1 year

Goodwill and Other Intangible Assets (Schedule Of Goodwill) (Details) - USD ($) $ in Thousands	1 Months Ended			3 Months Ended	12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Roll Forward]
Beginning balance					$ 643,419	$ 709,344
Purchase accounting adjustments						(2,834)
Impairment charge	$ (19,800)	$ (1,900)	$ (40,700)		(21,718)	(40,717)
Amortization of "second component" goodwill					(560)	(1,344)
Sale of 25/7 Media reporting unit	(2,400)				(2,407)
Foreign currency translation					7,762	(21,030)
Ending balance	626,496		643,419		626,496	643,419
Domestic Operations
Goodwill [Roll Forward]
Beginning balance					349,292	353,470
Purchase accounting adjustments						(2,834)
Impairment charge					0	0
Amortization of "second component" goodwill					(560)	(1,344)
Sale of 25/7 Media reporting unit					0
Foreign currency translation					0	0
Ending balance	348,732		349,292		348,732	349,292
International and Other
Goodwill [Roll Forward]
Beginning balance					294,127	355,874
Purchase accounting adjustments						0
Impairment charge				$ (1,900)	(21,718)	(40,717)
Amortization of "second component" goodwill					0	0
Sale of 25/7 Media reporting unit					(2,407)
Foreign currency translation					7,762	(21,030)
Ending balance	$ 277,764		$ 294,127		$ 277,764	$ 294,127

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

Schedule II Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 8,725	$ 8,030	$ 11,234
Provision for (Recovery of) Bad Debt	2,503	2,202	5,337
Deductions/ Write-Offs and Other Charges, Net	(1,740)	(1,507)	(8,541)
Balance at End of Period	$ 9,488	$ 8,725	$ 8,030

Program Rights and Obligations (Schedule of Future Payments) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Film, Disclosures [Abstract]
2024	$ 301,221
2025	98,536
2026	33,373
2027	15,039
2028	3,268
Thereafter	727
Total	$ 452,164

Restructuring and Other Related Charges (Tables)

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Summary of Accrued Restructuring Costs

The following table summarizes the restructuring and other related charges recognized by operating segment:


	Years Ended December 31,
(In thousands)	2023		2022		2021
Domestic Operations	$	3,350	$	423,205	$	2,516
International and Other	3,934		2,854		6,083
Corporate / Inter-segment Eliminations	20,503		22,907		1,779
Total restructuring and other related charges	$	27,787	$	448,966	$	10,378

The following table summarizes the accrued restructuring and other related costs:


(In thousands)	Severance and Employee-Related Costs		Content Impairments and Other Exit Costs		Total
Balance at December 31, 2021	$	311	$	29	$	340
Charges	45,212		403,754		448,966

Cash payments	(311)		(13)		(324)
Non-cash adjustments	(7,698)		(329,046)		(336,744)
Other	(364)		—		(364)
Balance at December 31, 2022	37,150		74,724		111,874
Charges	17,510		10,277		27,787

Cash payments	(45,878)		(66,672)		(112,550)
Non-cash adjustments	—		(15,147)		(15,147)
Other	(56)		1,826		1,770
Balance at December 31, 2023	$	8,726	$	5,008	$	13,734

Cash Flows (Summary Of Non-Cash Activities And Other Supplemental Data) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Non-Cash Investing and Financing Activities:
Operating lease additions	$ 7,647	$ 11,885	$ 28,522
Capital expenditures incurred but not yet paid	974	8,298	8,826
Supplemental Data:
Cash interest paid	149,535	125,060	114,528
Income taxes paid, net	$ 63,020	$ 50,490	$ 59,850

Leases (Summary of Lease Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease right-of-use assets	$ 71,163	$ 108,229
Finance lease assets	9,884	10,982
Total lease assets	81,047	119,211
Operating lease liability, current	28,971	32,207
Finance lease liability, current	4,688	4,204
Total current lease liabilities	33,659	36,411
Operating lease liability, noncurrent	72,797	105,768
Finance lease liability, noncurrent	14,443	19,031
Total noncurrent lease liabilities	87,240	124,799
Total lease liabilities	$ 120,899	$ 161,210
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Property and equipment, net of accumulated depreciation of $403,708 and $344,906	Property and equipment, net of accumulated depreciation of $403,708 and $344,906
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Current portion of lease obligations	Current portion of lease obligations
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Current portion of lease obligations	Current portion of lease obligations
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Total noncurrent lease liabilities	Total noncurrent lease liabilities
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Total noncurrent lease liabilities	Total noncurrent lease liabilities

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangible Assets

Goodwill and Other Intangible Assets

The carrying amount of goodwill, by operating segment is as follows:


(In thousands)	Domestic Operations		International and Other		Total
December 31, 2021	$	353,470	$	355,874	$	709,344
Purchase accounting adjustments	(2,834)		—		(2,834)
Impairment charge	—		(40,717)		(40,717)
Amortization of "second component" goodwill	(1,344)		—		(1,344)
Foreign currency translation	—		(21,030)		(21,030)
December 31, 2022	349,292		294,127		643,419


Impairment charge	—		(21,718)		(21,718)
Amortization of "second component" goodwill	(560)		—		(560)
Sale of 25/7 Media reporting unit	—		(2,407)		(2,407)
Foreign currency translation	—		7,762		7,762
December 31, 2023	$	348,732	$	277,764	$	626,496

As of December 31, 2023 and 2022, accumulated impairment charges totaled $185.5 million and $163.8 million, respectively.

The purchase accounting adjustments of $2.8 million to the carrying amount of goodwill in Domestic Operations in 2022 relate to the December 2021 acquisition of Sentai Holdings, a global supplier of anime content, including its anime-focused HIDIVE subscription streaming service.

The reduction of $0.6 million and $1.3 million in 2023 and 2022, respectively, in the carrying amount of goodwill for the Domestic Operations segment is due to the realization of a tax benefit for the amortization of "second component" goodwill at SundanceTV. Second component goodwill is the amount of tax deductible goodwill in excess of goodwill for financial reporting purposes. In accordance with the authoritative guidance at the time of the SundanceTV acquisition, the tax benefits associated with this excess are applied to first reduce the amount of goodwill, and then other intangible assets for financial reporting purposes, if and when such tax benefits are realized in the Company's tax returns. All remaining tax benefits were realized during the second quarter of 2023.

Impairment Test of Goodwill

Goodwill is not amortized, but instead is tested for impairment at the reporting unit level annually as of December 1, or more frequently upon the occurrence of certain events or substantive changes in circumstances.

During the second quarter of 2023, the Company determined that a triggering event had occurred with respect to the 25/7 Media reporting unit in the International and Other segment, which required an interim goodwill impairment test to be performed. Accordingly, the Company performed a quantitative assessment using an income approach, specifically a discounted cash flow model ("DCF"), and a market comparables approach. Based on the valuations performed, a $1.9 million goodwill impairment charge was recorded, which is included in impairment and other charges in the consolidated statement of income, within the International and Other operating segment.

As of December 1, 2023 and 2022, the Company performed a quantitative assessment for all of its reporting units. The fair values were determined using a combination of an income approach, using a DCF, and a market comparables approach. The DCF model includes significant assumptions about revenue growth rates, long-term growth rates and enterprise specific discount rates. Additionally, the market comparables approach is determined using guideline company valuation multiples. Given the uncertainty in determining assumptions underlying the DCF approach, actual results may differ from those used in the valuations.

For 2023, based on the valuations performed, the Company concluded that the estimated fair value of the 25/7 Media reporting unit further declined from the interim assessment performed. The decrease in the estimated fair value reflected the continued decline in market conditions and business outlook and contemplation of concurrent negotiations with the noncontrolling interest holders for the sale of the Company's remaining interest. As a result, the Company recognized an impairment charge of $19.8 million related to the 25/7 Media reporting unit, included in Impairment and other charges in the consolidated statement of income, within the International and Other operating segment. No impairment charges were required for any of the Company's other reporting units.

For 2022, based on the valuations performed, in response to current and expected trends across the international television broadcasting markets, as well as a decrease in the valuation multiples used to estimate the fair value using the market approach, the fair value of the Company's AMCNI reporting unit declined to less than its carrying amount. As a result, the Company recognized an impairment charge of $40.7 million related to the AMCNI reporting unit, included in Impairment and other charges in the consolidated statement of income. No impairment charges were required for any of the Company's other reporting units.

The determination of fair value of the Company's reporting units represents a Level 3 fair value measurement in the fair value hierarchy due to its use of internal projections and unobservable measurement inputs. Changes in significant judgments and estimates could significantly impact the concluded fair value of the reporting unit. Changes to assumptions that would decrease the fair value of the reporting unit would result in corresponding increases to the impairment of goodwill at the reporting unit.

The following table summarizes information relating to the Company's identifiable intangible assets:


(In thousands)	December 31, 2023						Estimated Useful Lives
	Gross		Accumulated Amortization		Net
Amortizable intangible assets:
Affiliate and customer relationships	$	618,778	$	(421,968)	$	196,810	6 to 25 years
Advertiser relationships	46,282		(42,806)		3,476		11 years
Trade names and other amortizable intangible assets	91,134		(42,762)		48,372		3 to 20 years

Total amortizable intangible assets	756,194		(507,536)		248,658
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	776,094	$	(507,536)	$	268,558

(In thousands)	December 31, 2022
	Gross		Accumulated Amortization		Net
Amortizable intangible assets:
Affiliate and customer relationships	$	634,000	$	(373,240)	$	260,760
Advertiser relationships	46,282		(34,443)		11,839
Trade names and other amortizable intangible assets	105,338		(43,161)		62,177

Total amortizable intangible assets	785,620		(450,844)		334,776
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	805,520	$	(450,844)	$	354,676

Aggregate amortization expense for amortizable intangible assets for the years ended December 31, 2023, 2022 and 2021 was $40.5 million, $41.5 million and $39.1 million, respectively.

Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:


(In thousands)
Years Ending December 31,
2024	$	36,331
2025	35,364
2026	32,666
2027	27,935
2028	26,082

Impairment Test of Long-Lived Assets

During the fourth quarter of 2023, given continued market challenges and linear declines, the Company revised its outlook for its BBCA linear programming network, resulting in lower expected future cash flows. As a result, the Company determined that sufficient indicators of potential impairment of long-lived assets existed at BBCA. The Company performed a recoverability test and determined that the carrying amount of the BBCA asset group was not recoverable. The carrying value of the asset group exceeded its fair value, therefore an impairment charge of $42.4 million was recorded for identifiable intangible assets and other long-lived assets, which is included in Impairment and other charges in the consolidated statement of income within the Domestic Operations operating segment. Fair values used to determine the impairment charge were determined using an income approach, specifically a DCF model. The DCF model includes significant assumptions about revenue growth rates, long-term growth rates and enterprise specific discount rates. Given the uncertainty in determining assumptions underlying the DCF approach, actual results may differ from those used in the valuations.

During the second quarter of 2023, given the impact of market challenges at 25/7 Media, specifically relating to reduced demand for new content and series cancellations from third parties, the Company revised its outlook for the 25/7 Media business, resulting in lower expected future cash flows. As a result, the Company determined that sufficient indicators of potential impairment of long-lived assets existed at 25/7 Media. The Company performed a recoverability test and determined that the carrying amount of the 25/7 Media asset group was not recoverable. The carrying value of the asset group exceeded its fair value, therefore an impairment charge of $23.0 million was recorded for identifiable intangible assets, which is included in Impairment and other charges in the consolidated statement of income within the International and Other operating segment. Fair values used to determine the impairment charge were determined using an income approach, specifically a DCF model, and a market comparables approach. The DCF model includes significant assumptions about revenue growth rates, long-term growth rates and enterprise specific discount rates. Given the uncertainty in determining assumptions underlying the DCF approach, actual results may differ from those used in the valuations.

No impairment charges for long-lived assets were required in 2022 or 2021.

Impairment Test of Identifiable Indefinite-Lived Intangible Assets

As of December 1, 2023, the Company performed a quantitative assessment for its indefinite-lived intangible assets. Based on the annual impairment test performed, no impairment charge was required. The Company's indefinite-lived intangible assets relate to SundanceTV trademarks, which were valued using a relief-from-royalty method in which the expected benefits are valued by discounting estimated royalty revenue relating to projected revenues covered by the trademarks.

Significant judgments inherent in estimating the fair value of indefinite-lived intangible assets include the selection of appropriate discount and royalty rates, estimating the amount and timing of estimated future revenues and identification of appropriate continuing growth rate assumptions. The discount rates used in the analysis are intended to reflect the risk inherent in the projected future cash flows generated by the respective intangible assets.

Summary of Significant Accounting Policies (Schedule of Stock by Class) (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Class A Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in shares)	31,525	30,892	29,975
Employee and non-employee director stock transactions	552	633	917
Ending Balance (in shares)	32,077	31,525	30,892
Class B Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in shares)	11,484	11,484	11,484
Employee and non-employee director stock transactions	0	0	0
Ending Balance (in shares)	11,484	11,484	11,484

Program Rights and Obligations (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Film, Disclosures [Abstract]
Program rights write-offs	$ 17.3		$ 12.8
Program write-offs, restructuring and other related charges		$ 403.8

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The carrying amount of goodwill, by operating segment is as follows:


(In thousands)	Domestic Operations		International and Other		Total
December 31, 2021	$	353,470	$	355,874	$	709,344
Purchase accounting adjustments	(2,834)		—		(2,834)
Impairment charge	—		(40,717)		(40,717)
Amortization of "second component" goodwill	(1,344)		—		(1,344)
Foreign currency translation	—		(21,030)		(21,030)
December 31, 2022	349,292		294,127		643,419


Impairment charge	—		(21,718)		(21,718)
Amortization of "second component" goodwill	(560)		—		(560)
Sale of 25/7 Media reporting unit	—		(2,407)		(2,407)
Foreign currency translation	—		7,762		7,762
December 31, 2023	$	348,732	$	277,764	$	626,496

Schedule of Finite-Lived Intangible Assets

The following table summarizes information relating to the Company's identifiable intangible assets:


(In thousands)	December 31, 2023						Estimated Useful Lives
	Gross		Accumulated Amortization		Net
Amortizable intangible assets:
Affiliate and customer relationships	$	618,778	$	(421,968)	$	196,810	6 to 25 years
Advertiser relationships	46,282		(42,806)		3,476		11 years
Trade names and other amortizable intangible assets	91,134		(42,762)		48,372		3 to 20 years

Total amortizable intangible assets	756,194		(507,536)		248,658
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	776,094	$	(507,536)	$	268,558

(In thousands)	December 31, 2022
	Gross		Accumulated Amortization		Net
Amortizable intangible assets:
Affiliate and customer relationships	$	634,000	$	(373,240)	$	260,760
Advertiser relationships	46,282		(34,443)		11,839
Trade names and other amortizable intangible assets	105,338		(43,161)		62,177

Total amortizable intangible assets	785,620		(450,844)		334,776
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	805,520	$	(450,844)	$	354,676

Schedule of Indefinite-Lived Intangible Assets

The following table summarizes information relating to the Company's identifiable intangible assets:


(In thousands)	December 31, 2023						Estimated Useful Lives
	Gross		Accumulated Amortization		Net
Amortizable intangible assets:
Affiliate and customer relationships	$	618,778	$	(421,968)	$	196,810	6 to 25 years
Advertiser relationships	46,282		(42,806)		3,476		11 years
Trade names and other amortizable intangible assets	91,134		(42,762)		48,372		3 to 20 years

Total amortizable intangible assets	756,194		(507,536)		248,658
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	776,094	$	(507,536)	$	268,558

(In thousands)	December 31, 2022
	Gross		Accumulated Amortization		Net
Amortizable intangible assets:
Affiliate and customer relationships	$	634,000	$	(373,240)	$	260,760
Advertiser relationships	46,282		(34,443)		11,839
Trade names and other amortizable intangible assets	105,338		(43,161)		62,177

Total amortizable intangible assets	785,620		(450,844)		334,776
Indefinite-lived intangible assets:
Trademarks	19,900		—		19,900
Total intangible assets	$	805,520	$	(450,844)	$	354,676

Schedule of Estimated Amortization Expense

Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is:


(In thousands)
Years Ending December 31,
2024	$	36,331
2025	35,364
2026	32,666
2027	27,935
2028	26,082

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-2

+ Details

Accrued Liabilities

12 Months Ended

Dec. 31, 2023

Accrued Liabilities [Abstract]

Accrued Liabilities

Accrued liabilities consist of the following:


(In thousands)	December 31, 2023		December 31, 2022
Employee related costs	$	93,866	$	97,362
Participations and residuals	164,375		138,384
Interest	31,749		37,105
Restructuring and other related charges	12,149		107,998
Other accrued expenses	83,699		38,216
Total accrued liabilities	$	385,838	$	419,065

Redeemable Noncontrolling Interests

12 Months Ended

Dec. 31, 2023

Noncontrolling Interest [Abstract]

Redeemable Noncontrolling Interests

In connection with the 2018 acquisition of RLJ Entertainment, the terms of the operating agreement provide the noncontrolling member with a right to put all of its noncontrolling interest to a subsidiary of the Company following the seventh anniversary of the agreement, or earlier upon a change of control. The put option is exercisable at the greater of the then fair market value or enterprise value of RLJ Entertainment, (but not lower than the fair value of the initial equity interest at the closing date of the agreement), in each case pursuant to the operating agreement and applied to the equity interest.

In 2014, the Company, through a wholly-owned subsidiary, acquired 49.9% of the limited liability company interests of New Video Channel America L.L.C, that owns the cable channel BBC AMERICA. In connection with the acquisition, the terms of the agreement provide the BBC with a right to put all of its 50.1% noncontrolling interest to a subsidiary of the Company at the greater of the then fair value or the fair value of the initial equity interest at the closing date of the agreement. The put option is exercisable on the fifteenth and twenty-fifth anniversary of the joint venture agreement.

Because exercise of these put rights is outside the Company's control, the noncontrolling interest in each entity is presented as redeemable noncontrolling interest outside of stockholders' equity on the Company's consolidated balance sheet.

The activity reflected within redeemable noncontrolling interests for the years ended December 31, 2023, 2022 and 2021 is presented below.


(In thousands)	Redeemable Noncontrolling Interest
December 31, 2020	$	315,649
Net earnings	17,230
Distributions	(22,430)
Distribution related to spin-off transaction	(8,233)
Transfer to noncontrolling interest	(18,367)
December 31, 2021	283,849
Net losses	(3,274)
Distributions	(27,435)
Other	529

December 31, 2022	253,669
Net losses	(1,779)
Distributions	(66,593)

December 31, 2023	$	185,297

In connection with the spin-off of the live comedy venue and talent management businesses of Levity Entertainment Group, LLC in 2021 (see Note 4), $8.2 million of redeemable noncontrolling interests was distributed to the noncontrolling partners. In addition, as part of the transaction, the preexisting put rights of the noncontrolling interest holders were terminated. Accordingly, the remaining $18.4 million of noncontrolling interests was transferred from Redeemable noncontrolling interests to Noncontrolling interests in the consolidated balance sheet.

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Contractual Obligation, Fiscal Year Maturity Schedule

Commitments


(In thousands)	Payments due by period
	Total		Year 1		Years 2 - 3		Years 4 - 5		More than 5 years
Purchase obligations (1)	$	873,599	$	307,488	$	169,413	$	69,507	$	327,191

(1)Purchase obligations consist primarily of program rights obligations, and transmission and marketing commitments.

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
U.S. federal statutory income tax rate	21.00%	21.00%	21.00%
State and local income taxes, net of federal benefit	4.00%	20.00%	3.00%
Effect of foreign operations	1.00%	(11.00%)	(1.00%)
Non-deductible compensation expenses	2.00%	(35.00%)	2.00%
Excess tax deficiencies related to share-based compensation	1.00%	(5.00%)	(1.00%)
Changes in the valuation allowance	3.00%	(109.00%)	3.00%
Tax expense relating to uncertain tax positions, including accrued interest, net of deferred tax benefits	0.00%	16.00%	1.00%
Deferral of investment tax credit benefit	0.00%	4.00%	(1.00%)
Deemed liquidation - controlled foreign corporation	0.00%	235.00%	0.00%
Other	0.00%	1.00%	(2.00%)
Effective income tax rate	32.00%	137.00%	25.00%

Derivative Financial Instruments (Schedule of Other Derivatives Not Designated as Hedging Instruments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Foreign currency derivatives \| Miscellaneous, net
Derivative [Line Items]
Amount of Gain (Loss) Recognized in Earnings on Derivatives	$ 11,711	$ (4,887)	$ (2,678)

Segment Information (Summary of Continuing Operations by Reportable Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues, net	$ 2,711,877	$ 3,096,545	$ 3,077,608
Operating income	388,412	86,916	489,922
Share-based compensation expenses	25,665	29,986	47,925
Depreciation and amortization	107,402	107,227	93,881
Impairment and other charges	96,689	40,717	159,610
Restructuring and other related charges	27,787	448,966	10,378
Cloud computing amortization	10,543	7,342	2,406
Majority-owned equity investees AOI	13,606	17,248	11,948
Adjusted operating income	670,104	738,402	816,070
Capital expenditures	35,207	44,272	42,572
Operating Segments \| Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	2,316,587	2,675,142	2,580,616
Operating income	583,542	286,517	617,875
Share-based compensation expenses	13,765	12,815	22,077
Depreciation and amortization	46,494	49,588	48,025
Impairment and other charges	51,966	0	143,000
Restructuring and other related charges	3,350	423,205	2,516
Cloud computing amortization	21	23	0
Majority-owned equity investees AOI	13,606	17,248	11,948
Adjusted operating income	712,744	789,396	845,441
Capital expenditures	2,535	4,572	9,635
Operating Segments \| International and Other
Segment Reporting Information [Line Items]
Revenues, net	404,476	442,525	511,317
Operating income	(9,624)	3,031	37,167
Share-based compensation expenses	3,388	3,900	3,627
Depreciation and amortization	18,127	18,487	19,807
Impairment and other charges	44,723	40,717	16,610
Restructuring and other related charges	3,934	2,854	6,083
Cloud computing amortization	0	0	0
Majority-owned equity investees AOI	0	0	0
Adjusted operating income	60,548	68,989	83,294
Capital expenditures	4,298	6,039	6,009
Corporate / Inter-segment eliminations
Segment Reporting Information [Line Items]
Revenues, net	(9,186)	(21,122)	(14,325)
Operating income	(185,506)	(202,632)	(165,120)
Share-based compensation expenses	8,512	13,271	22,221
Depreciation and amortization	42,781	39,152	26,049
Impairment and other charges	0	0	0
Restructuring and other related charges	20,503	22,907	1,779
Cloud computing amortization	10,522	7,319	2,406
Majority-owned equity investees AOI	0	0	0
Adjusted operating income	(103,188)	(119,983)	(112,665)
Capital expenditures	28,374	33,661	26,928
Corporate / Inter-segment eliminations \| Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	(8,786)	(17,643)	(10,584)
Corporate / Inter-segment eliminations \| International and Other
Segment Reporting Information [Line Items]
Revenues, net	(400)	(3,479)	(3,741)
Subscription
Segment Reporting Information [Line Items]
Revenues, net	1,561,061	1,618,541	1,568,576
Subscription \| Operating Segments \| Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	1,340,207	1,395,026	1,318,732
Subscription \| Operating Segments \| International and Other
Segment Reporting Information [Line Items]
Revenues, net	220,854	223,515	249,844
Subscription \| Corporate / Inter-segment eliminations
Segment Reporting Information [Line Items]
Revenues, net	0	0	0
Content licensing and other
Segment Reporting Information [Line Items]
Revenues, net	435,170	606,154	558,378
Content licensing and other \| Operating Segments \| Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	342,557	491,870	416,898
Content licensing and other \| Operating Segments \| International and Other
Segment Reporting Information [Line Items]
Revenues, net	101,799	135,406	155,805
Content licensing and other \| Corporate / Inter-segment eliminations
Segment Reporting Information [Line Items]
Revenues, net	(9,186)	(21,122)	(14,325)
Distribution and other
Segment Reporting Information [Line Items]
Revenues, net	1,996,231	2,224,695	2,126,954
Distribution and other \| Operating Segments \| Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	1,682,764	1,886,896	1,735,630
Distribution and other \| Operating Segments \| International and Other
Segment Reporting Information [Line Items]
Revenues, net	322,653	358,921	405,649
Distribution and other \| Corporate / Inter-segment eliminations
Segment Reporting Information [Line Items]
Revenues, net	(9,186)	(21,122)	(14,325)
Advertising
Segment Reporting Information [Line Items]
Revenues, net	715,646	871,850	950,654
Advertising \| Operating Segments \| Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	633,823	788,246	844,986
Advertising \| Operating Segments \| International and Other
Segment Reporting Information [Line Items]
Revenues, net	81,823	83,604	105,668
Advertising \| Corporate / Inter-segment eliminations
Segment Reporting Information [Line Items]
Revenues, net	$ 0	$ 0	$ 0

Property and Equipment (Schedule of Equipment Under Finance Leases) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Net amount of equipment and related accumulated amortization recorded under finance leases	$ 9,884	$ 10,982
Satellite equipment
Property, Plant and Equipment [Line Items]
Satellite equipment	40,536	40,051
Less accumulated amortization	(30,652)	(29,069)
Net amount of equipment and related accumulated amortization recorded under finance leases	$ 9,884	$ 10,982

Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2023
Related Party Transaction [Line Items]
Aggregate voting power	79.00%
Accounts payable	$ 89,469	$ 172,009
Revenues, net	2,711,877	3,096,545	$ 3,077,608
Selling, general and administrative	764,087	896,817	891,734
Related Party
Related Party Transaction [Line Items]
Revenues, net	5,200	5,100	5,000
Selling, general and administrative	$ 7,900	$ 8,000	$ 2,200
Related Party \| 605, LLC
Related Party Transaction [Line Items]
Accounts payable				$ 10,500
Related Party \| Director \| 605, LLC
Related Party Transaction [Line Items]
Ownership percentage	100.00%
Maximum \| Class A Common Stock
Related Party Transaction [Line Items]
Percent of common stock owned by related party	4.00%

Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents for each of these hierarchy levels, the Company's financial assets and liabilities that are measured at fair value on a recurring basis at December 31, 2023 and 2022:


(In thousands)	Level I		Level II		Level III		Total
At December 31, 2023:
Assets:


Foreign currency derivatives	$	—	$	8,277	$	—	$	8,277
Liabilities:

Foreign currency derivatives	—		2,295		—		2,295

At December 31, 2022:
Assets:
Cash equivalents	$	80,000	$	—	$	—	$	80,000

Foreign currency derivatives	—		536		—		536
Liabilities:

Foreign currency derivatives	—		8,965		—		8,965

Schedule of Carrying Values and Fair Values of the Company's Financial Instruments

The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the consolidated balance sheets are summarized as follows:


(In thousands)	December 31, 2023
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	602,551	$	577,884

4.75% Notes due August 2025	771,013		745,677
4.25% Notes due February 2029	988,185		780,670

	$	2,361,749	$	2,104,231


(In thousands)	December 31, 2022
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A facility	$	633,486	$	615,600

5.00% Notes due April 2024	398,687		375,348
4.75% Notes due August 2025	794,171		607,000
4.25% Notes due February 2029	986,109		620,818
	$	2,812,453	$	2,218,766

Long-term Debt (Narrative) (Details)				1 Months Ended	12 Months Ended
Long-term Debt (Narrative) (Details)	Feb. 26, 2021 USD ($)	Feb. 08, 2021 USD ($)	Jul. 28, 2017 USD ($)	Apr. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Mar. 31, 2023 USD ($)	Mar. 30, 2016 USD ($)
Debt Instrument [Line Items]
Proceeds from the issuance of long-term debt					$ 0	$ 0	$ 986,000,000
Loss on extinguishment of debt					0	0	22,074,000
Issuance discount					13,873,000	$ 18,718,000
Line of Credit
Debt Instrument [Line Items]
Unamortized deferred costs written off				$ 600,000
Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Aggregate principal amount		$ 500,000,000
Credit facility borrowing capacity				400,000,000				$ 500,000,000
Debt instrument, covenant, debt basket, maximum				$ 1,200,000,000
Debt instrument, covenant, leverage ratio				3.00
Debt instrument, covenant, cash flow ratio				5.25
Minimum ratio of annual operating cash flow to annual total interest expense				2.50
Revolving Credit Facility \| Minimum \| Line of Credit
Debt Instrument [Line Items]
Commitment fee percentage				0.25%
Debt instrument, covenant, cash flow ratio				5.00
Revolving Credit Facility \| Minimum \| Base Rate \| Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate				0.25%
Revolving Credit Facility \| Minimum \| SOFR \| Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate				1.25%
Revolving Credit Facility \| Maximum \| Line of Credit
Debt Instrument [Line Items]
Commitment fee percentage				0.50%
Debt instrument, covenant, cash flow ratio				6.00
Revolving Credit Facility \| Maximum \| Base Rate \| Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate				1.25%
Revolving Credit Facility \| Maximum \| SOFR \| Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate				2.25%
Term Loan A Facility \| Secured Debt
Debt Instrument [Line Items]
Repayment of line of credit					$ 33,700,000
Aggregate principal amount		$ 675,000,000		$ 675,000,000
Term Loan A Facility \| Secured Debt \| Senior Notes
Debt Instrument [Line Items]
Repayment of outstanding amount under loan facility			$ 400,000,000
4.25% Notes due February 2029 \| Senior Notes
Debt Instrument [Line Items]
Interest rate		4.25%			4.25%	4.25%
Aggregate principal amount		$ 1,000,000,000
Proceeds from the issuance of long-term debt		$ 982,300,000
4.25% Notes due February 2029 \| Senior Notes \| Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Redemption price (as a percentage)		102.125%
4.25% Notes due February 2029 \| Senior Notes \| Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Redemption price (as a percentage)		100.00%
4.75% Senior Notes Due 2022 \| Senior Notes
Debt Instrument [Line Items]
Interest rate	4.75%
Redemption price (as a percentage)	100.00%
Redemption of principal amount	$ 400,000,000
4.75% Senior Notes Due 2022 And 5.00% Senior Notes Due 2024 \| Senior Notes
Debt Instrument [Line Items]
Loss on extinguishment of debt							$ 22,100,000
5.00% Notes due April 2024 \| Senior Notes
Debt Instrument [Line Items]
Debt repurchased					$ 400,000,000
Interest rate	5.00%				5.00%	5.00%			5.00%
Redemption price (as a percentage)	102.50%				100.00%
Aggregate principal amount									$ 1,000,000,000
Redemption of principal amount	$ 600,000,000				$ 400,000,000
Issuance discount									17,500,000
4.75% Notes due August 2025 \| Senior Notes
Debt Instrument [Line Items]
Debt repurchased					$ 25,300,000
Interest rate			4.75%		4.75%	4.75%
Aggregate principal amount			$ 800,000,000
Redemption of principal amount					$ 25,300,000
Underwriting discounts and commissions and expenses			$ 14,000,000
4.75% Notes due August 2025 \| Senior Notes \| Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Redemption price (as a percentage)			102.375%
4.75% Notes due August 2025 \| Senior Notes \| Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Redemption price (as a percentage)			100.00%
7.75% Senior Notes \| Senior Notes
Debt Instrument [Line Items]
Debt repurchased									$ 45,600,000
Interest rate									7.75%
Debt extinguishment including principal interest and fees									$ 703,000,000

Investments (Details) - USD ($)	1 Months Ended			12 Months Ended
Investments (Details) - USD ($)	Apr. 30, 2022	Jun. 30, 2021	Jan. 31, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Equity method investments				$ 83,100,000	$ 79,600,000
Payments to acquire equity method investments		$ 23,800,000
Equity method investment gain loss related to step up fair value		$ 12,300,000
Investments in marketable equity securities				0	0
Proceeds from sale and maturity of marketable securities	$ 9,900,000		$ 51,000,000
Equity securities, FV-NI, gain (loss)	$ 4,100,000			0	4,100,000	$ (11,100,000)
Equity securities, FV-NI, realized gain (loss)			$ (5,400,000)
Investments in non-marketable equity securities				41,600,000	$ 42,700,000
Impairment charge on non-marketable equity security				$ 1,700,000
Equity Method Investment
Schedule of Equity Method Investments [Line Items]
Equity method investment, ownership percentage		50.00%

Equity and Long-Term Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

The following table summarizes activity relating to Company employees who held AMC Networks restricted stock units for the years ended December 31, 2023 and 2022:


	Number of Restricted Stock Units	Number of Performance Restricted Stock Units	Weighted Average Fair Value Per Stock Unit at Date of Grant
Unvested award balance, December 31, 2021	1,189,665	626,284	$	52.97
Granted	920,372	38,264	$	36.03
Released/Vested	(857,044)	(624,401)	$	49.74
Canceled/Forfeited	(221,269)	(3,162)	$	46.15
Unvested award balance, December 31, 2022	1,031,724	36,985	$	44.22
Granted	2,168,067	—	$	17.94
Released/Vested	(518,878)	(36,985)	$	42.14
Canceled/Forfeited	(267,866)	—	$	25.63
Unvested award balance, December 31, 2023	2,413,047	—	$	23.15

The following table summarizes activity relating to Non-employee Directors who held AMC Networks restricted stock units for the years ended December 31, 2023 and 2022:


	Number of Restricted Stock Units	Weighted Average Fair Value Per Stock Unit at Date of Grant
Vested award balance, December 31, 2021	262,655	$	51.19
Granted	47,398	$	28.10

Vested award balance, December 31, 2022	310,053	$	47.55
Granted	135,798	$	11.49
Released/Vested	(52,750)	$	48.38
Vested award balance, December 31, 2023	393,101	$	35.20

Leases (Summary of Leases) (Details)	Dec. 31, 2023	Dec. 31, 2022
Weighted average remaining lease term (years):
Operating leases	3 years 9 months 18 days	4 years 7 months 6 days
Finance leases	6 years	6 years 7 months 6 days
Weighted average discount rate:
Operating leases	4.90%	4.60%
Finance leases	7.10%	7.50%

Income Taxes (Schedule of Deferred Tax Asset (Liability)) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
NOLs and tax credit carry-forwards	$ 100,137	$ 101,793
Compensation and benefit plans	19,974	24,451
Allowance for doubtful accounts	1,486	1,280
Fixed assets and intangible assets	31,816	35,678
Accrued interest expense	20,985	30,346
Unused capital losses	22,396	60,226
Other liabilities	24,769	21,618
Deferred tax asset	221,563	275,392
Valuation allowance	(135,742)	(132,164)
Net deferred tax asset	85,821	143,228
Prepaid liabilities	(639)	(570)
Fixed assets and intangible assets	(85,282)	(89,671)
Investments in partnerships	(124,164)	(128,434)
Other assets	(24,663)	(23,577)
Deferred tax liability	(234,748)	(242,252)
Total net deferred tax liability	$ (148,927)	$ (99,024)

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Paid-in Capital	Accumulated Earnings	Treasury Stock	Accumulated Other Comprehensive Loss	Total AMC Networks Stockholders' Equity	Non-redeemable Noncontrolling Interests
Beginning Balance at Dec. 31, 2020	$ 643,101	$ 646	$ 115	$ 323,425	$ 1,847,451	$ (1,419,882)	$ (134,950)	$ 616,805	$ 26,296
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to AMC Networks’ stockholders	250,596				250,596			250,596
Net income (loss) attributable to non-redeemable noncontrolling interests	12,013								12,013
Transfer from redeemable noncontrolling interest	18,367								18,367
Distributions to noncontrolling members	(4,282)								(4,282)
Acquisition of noncontrolling interest	0			(279)				(279)	279
Other comprehensive (loss) income	(41,957)						(40,868)	(40,868)	(1,089)
Share-based compensation expenses	47,925			47,925				47,925
Proceeds from exercise of stock options	9,795			9,795				9,795
Net share issuance under employee stock plans	(32,886)	9		(32,895)				(32,886)
Ending Balance at Dec. 31, 2021	902,672	655	115	347,971	2,098,047	(1,419,882)	(175,818)	851,088	51,584
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to AMC Networks’ stockholders	7,594				7,594			7,594
Net income (loss) attributable to non-redeemable noncontrolling interests	6,708								6,708
Purchase of noncontrolling interest, net of tax	(4,363)			(3,066)				(3,066)	(1,297)
Distributions to noncontrolling members	(7,522)								(7,522)
Other comprehensive (loss) income	(66,628)						(63,980)	(63,980)	(2,648)
Share-based compensation expenses	37,684			37,684				37,684
Net share issuance under employee stock plans	(22,332)	6		(22,338)				(22,332)
Ending Balance at Dec. 31, 2022	853,813	661	115	360,251	2,105,641	(1,419,882)	(239,798)	806,988	46,825
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to AMC Networks’ stockholders	215,464				215,464			215,464
Net income (loss) attributable to non-redeemable noncontrolling interests	(12,285)								(12,285)
Purchase of noncontrolling interest, net of tax	(3,568)								(3,568)
Distributions to noncontrolling members	(6,283)								(6,283)
Other comprehensive (loss) income	8,173						6,967	6,967	1,206
Share-based compensation expenses	25,903			25,903				25,903
Net share issuance under employee stock plans	(7,271)	6		(7,277)				(7,271)
Ending Balance at Dec. 31, 2023	$ 1,073,946	$ 667	$ 115	$ 378,877	$ 2,321,105	$ (1,419,882)	$ (232,831)	$ 1,048,051	$ 25,895

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income (loss) from continuing operations before income taxes consists of the following components:


(In thousands)	Years Ended December 31,
	2023		2022		2021
Domestic	$	239,061	$	(52,458)	$	292,364
Foreign	56,945		22,506		81,868
Total	$	296,006	$	(29,952)	$	374,232

Schedule of Components of Income Tax Expense (Benefit)

Income tax expense (benefit) attributable to continuing operations consists of the following components:


(In thousands)	Years Ended December 31,
	2023		2022		2021
Current expense (benefit):
Federal	$	9,260	$	(6,310)	$	19,751
State	12,624		2,141		10,360
Foreign	23,517		18,933		25,990
	45,401		14,764		56,101
Deferred expense (benefit):
Federal	46,831		(43,707)		24,923
State	1,034		(3,633)		2,715
Foreign	1,871		(3,349)		6,372
	49,736		(50,689)		34,010
Tax expense (benefit) relating to uncertain tax positions, including accrued interest	(531)		(5,055)		4,282
Income tax expense (benefit)	$	94,606	$	(40,980)	$	94,393

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the federal statutory income tax rate to the effective income tax rate is as follows:


(In thousands)	Years Ended December 31,
	2023		2022		2021
U.S. federal statutory income tax rate	21	%	21	%	21	%
State and local income taxes, net of federal benefit (a)	4		20		3
Effect of foreign operations (b)	1		(11)		(1)
Non-deductible compensation expenses (c)	2		(35)		2
Excess tax deficiencies related to share-based compensation	1		(5)		(1)
Changes in the valuation allowance (d)	3		(109)		3

Tax expense relating to uncertain tax positions, including accrued interest, net of deferred tax benefits	—		16		1
Deferral of investment tax credit benefit	—		4		(1)
Deemed liquidation - controlled foreign corporation (a)	—		235		—
Other	—		1		(2)
Effective income tax rate	32	%	137	%	25	%

(a) In the year ended December 31, 2022, the deemed liquidation – controlled foreign corporation is a result of a capital loss sustained related to a change in the entity classification of a wholly owned controlled foreign corporation. This also impacts state and local income taxes.

(b) In the years ended December 31, 2023, 2022 and 2021, the effect of foreign operations relates to the income tax benefit or expense as a result of certain entities operating in foreign jurisdictions.

(c) In the year ended December 31, 2022, the increase in nondeductible compensation expense is primarily due to contractual severance as a result of employee separations.

(d) In the year ended December 31, 2023, the increase in valuation allowance relates primarily to the generation of excess foreign tax credits. In the year ended December 31, 2022, the increase in valuation allowance relates primarily to the generation of excess capital losses and foreign tax credits. In the year ended December 31, 2021, the increase in valuation allowance relates primarily to the generation of excess foreign tax credits and a reduction in the expected utilization of interest expense carryforwards as a result of a tax assessment.

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant components of deferred tax assets or liabilities at December 31, 2023 and 2022 are as follows:


(In thousands)	December 31,
	2023		2022
Deferred Tax Asset (Liability)
NOLs and tax credit carry-forwards	$	100,137	$	101,793
Compensation and benefit plans	19,974		24,451
Allowance for doubtful accounts	1,486		1,280
Fixed assets and intangible assets	31,816		35,678
Accrued interest expense	20,985		30,346
Unused capital losses	22,396		60,226
Other liabilities	24,769		21,618
Deferred tax asset	221,563		275,392
Valuation allowance	(135,742)		(132,164)
Net deferred tax asset	85,821		143,228
Prepaid liabilities	(639)		(570)
Fixed assets and intangible assets	(85,282)		(89,671)
Investments in partnerships	(124,164)		(128,434)
Other assets	(24,663)		(23,577)
Deferred tax liability	(234,748)		(242,252)
Total net deferred tax liability	$	(148,927)	$	(99,024)

Schedule Of Unrecognized Tax Benefits Reconciliation

A reconciliation of the beginning to ending amount of the liability for uncertain tax positions (excluding related accrued interest and deferred tax benefit) is as follows:


(In thousands)
Balance at December 31, 2022	$	6,650
Increases related to current year tax positions	692
Increases related to prior year tax positions	91

Decreases related to prior year tax positions	(243)
Decreases due to settlements/payments	(1,158)
Decreases due to lapse of statute of limitations	(349)

Balance at December 31, 2023	$	5,683

Investments	12 Months Ended
Investments	Dec. 31, 2023
Investments [Abstract]
Investments	Investments The Company holds several investments in and loans to non-consolidated entities which are included in Other assets in the condensed consolidated balance sheet. Equity Method Investments Equity method investments were $83.1 million and $79.6 million at December 31, 2023 and 2022, respectively. In June 2021, the Company paid $23.8 million to acquire the remaining 50% interest in an equity method investment in which it previously owned a 50% interest and began consolidating that business from June 2021. In connection with the acquisition, the Company recorded a gain of $12.3 million, included in miscellaneous, net in the consolidated income statement related to the step-up to fair value of its previously held interest. Marketable Equity Securities The Company classifies publicly traded investments with readily determinable fair values that are not accounted for under the equity method as marketable equity securities. Marketable equity securities are recorded at cost and adjusted to fair value at each reporting period. The changes in fair value between measurement dates are recorded in miscellaneous, net in the consolidated statements of income. There were no investments in marketable equity securities at December 31, 2023 or December 31, 2022. In April 2022, the Company sold its interest in a marketable equity security for $9.9 million, resulting in a $4.1 million gain recorded during the period. In January 2021, the Company sold the remaining portion of one of its marketable securities with a carrying value of $51.0 million as of December 31, 2020, resulting in a realized loss of $5.4 million included in miscellaneous, net in the consolidated statement of income. There were no realized or unrealized gains or losses on marketable equity securities for the year ended December 31, 2023. For the years ended December 31, 2022 and 2021, realized and unrealized gains (losses) on marketable equity securities were $4.1 million and $(11.1) million, respectively, included in miscellaneous, net in the consolidated statement of income. Non-marketable Equity Securities The Company classifies investments without readily determinable fair values that are not accounted for under the equity method as non-marketable equity securities. The accounting guidance requires non-marketable equity securities to be recorded at cost and adjusted to fair value at each reporting period. However, the guidance allows for a measurement alternative, which is to record the investments at cost, less impairment, if any, and subsequently adjust for observable price changes of identical or similar investments of the same issuer. The Company applies this measurement alternative to its non-marketable equity securities. When an observable event occurs, the Company estimates the fair values of its non-marketable equity securities based on Level 2 inputs that are derived from observable price changes of similar securities adjusted for insignificant differences in rights and obligations. The changes in value are recorded in miscellaneous, net in the consolidated statements of income. Investments in non-marketable equity securities were $41.6 million at December 31, 2023 and $42.7 million at December 31, 2022. During the year ended December 31, 2023, the Company recognized impairment charges of $1.7 million on certain investments, which were included in miscellaneous, net in the consolidated statements of income.

Fair Value Measurement (Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets:
Cash equivalents		$ 80,000
Foreign currency derivatives	$ 8,277	536
Foreign currency derivatives
Liabilities:
Foreign currency derivatives	2,295	8,965
Level I
Assets:
Cash equivalents		80,000
Foreign currency derivatives	0	0
Level I \| Foreign currency derivatives
Liabilities:
Foreign currency derivatives	0	0
Level II
Assets:
Cash equivalents		0
Foreign currency derivatives	8,277	536
Level II \| Foreign currency derivatives
Liabilities:
Foreign currency derivatives	2,295	8,965
Level III
Assets:
Cash equivalents		0
Foreign currency derivatives	0	0
Level III \| Foreign currency derivatives
Liabilities:
Foreign currency derivatives	$ 0	$ 0

Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments Included in Balance Sheets

The fair values of the Company's derivative financial instruments included in the consolidated balance sheets are as follows:


(In thousands)		December 31,
	Balance Sheet Location	2023		2022



Derivatives not designated as hedging instruments:
Assets:
Foreign currency derivatives	Prepaid expenses and other current assets	$	378	$	141
Foreign currency derivatives	Other assets	7,899		395


Liabilities:
Foreign currency derivatives	Accrued liabilities	$	1,065	$	3,663
Foreign currency derivatives	Current portion of program rights obligations	8		82
Foreign currency derivatives	Other liabilities	1,222		5,220

Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The amount of gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows:


(In thousands)	Location of Gain (Loss) Recognized in Earnings on Derivatives	Amount of Gain (Loss) Recognized in Earnings on Derivatives
		Years Ended December 31,
		2023		2022		2021


Foreign currency derivatives	Miscellaneous, net	$	11,711	$	(4,887)	$	(2,678)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Accrued Liabilities [Abstract]
Employee related costs	$ 93,866	$ 97,362
Participations and residuals	164,375	138,384
Interest	31,749	37,105
Restructuring and other related charges	12,149	107,998
Other accrued expenses	83,699	38,216
Total accrued liabilities	$ 385,838	$ 419,065

Leases (Summary of Maturity of Lease Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Operating Leases
2024	$ 33,721
2025	29,383
2026	28,223
2027	12,833
2028	3,290
Thereafter	4,357
Total lease payments	111,807
Less: Interest	10,039
Present value of lease liabilities	101,768
Finance Leases
2024	5,866
2025	5,894
2026	2,087
2027	1,428
2028	1,428
Thereafter	5,712
Total lease payments	22,415
Less: Interest	3,284
Present value of lease liabilities	19,131
Total
2024	39,587
2025	35,277
2026	30,310
2027	14,261
2028	4,718
Thereafter	10,069
Total lease payments	134,222
Less: Interest	13,323
Total lease liabilities	$ 120,899	$ 161,210

Commitments and Contingencies

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments


(In thousands)	Payments due by period
	Total		Year 1		Years 2 - 3		Years 4 - 5		More than 5 years
Purchase obligations (1)	$	873,599	$	307,488	$	169,413	$	69,507	$	327,191

(1)Purchase obligations consist primarily of program rights obligations, and transmission and marketing commitments.

Legal Matters

Leases (Summary of Supplemental Cash Paid) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating cash flows from operating leases	$ 37,121	$ 39,857	$ 40,000
Operating cash flows from finance leases	1,586	1,947	1,789
Financing cash flows from finance leases	$ 4,222	$ 3,576	$ 3,800

Redeemable Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2023

Noncontrolling Interest [Abstract]

Schedule of Redeemable Noncontrolling Interest

The activity reflected within redeemable noncontrolling interests for the years ended December 31, 2023, 2022 and 2021 is presented below.


(In thousands)	Redeemable Noncontrolling Interest
December 31, 2020	$	315,649
Net earnings	17,230
Distributions	(22,430)
Distribution related to spin-off transaction	(8,233)
Transfer to noncontrolling interest	(18,367)
December 31, 2021	283,849
Net losses	(3,274)
Distributions	(27,435)
Other	529

December 31, 2022	253,669
Net losses	(1,779)
Distributions	(66,593)

December 31, 2023	$	185,297

Restructuring and Other Related Charges

12 Months Ended

Dec. 31, 2023

Restructuring and Related Activities [Abstract]

Restructuring and Other Related Charges

Restructuring and other related charges were $27.8 million and $449.0 million for the years ended December 31, 2023 and 2022, respectively, with the majority of such costs related to a restructuring plan (the "Plan") that commenced on November 28, 2022. The Plan was designed to achieve significant cost reductions in light of “cord cutting” and the related impacts being felt across the media industry as well as the broader economic outlook. The Plan encompassed initiatives that included, among other things, strategic programming assessments and organizational restructuring costs. The Plan was intended to improve the organizational design of the Company through the elimination of certain roles and centralization of certain functional areas of the Company. The programming assessments pertained to a broad mix of owned and licensed content, including legacy television series and films that will no longer be in active rotation on the Company’s linear or streaming platforms.

For the year ended December 31, 2022, as a result of the Plan, the Company recorded restructuring and other related charges of $449.0 million, consisting of content impairments of $403.8 million and severance and other personnel costs of $45.2 million.

During the year ended December 31, 2023, the Company completed the Plan and recorded restructuring and other related charges of $27.8 million, consisting primarily of charges relating to severance and other personnel costs, and its third quarter exiting of a portion of office space at its corporate headquarters in New York and office space in Silver Spring, Maryland and Woodland Hills, California. In connection with exiting a portion of its New York office space, the Company recorded impairment charges of $11.6 million, consisting of $9.1 million for operating lease right-of use assets and $2.5 million for leasehold improvements. Fair values used to determine the impairment charge were determined using an income approach, specifically a discounted cash flow ("DCF") model. The DCF model includes significant assumptions about sublease income and enterprise specific discount rates. Given the uncertainty in determining assumptions underlying the DCF approach, actual results may differ from those used in the valuations.

Restructuring and other related charges were $10.4 million for the year ended December 31, 2021, including $6.1 million at AMCNI related to severance costs and the termination of distribution in certain international territories and $4.3 million of severance costs relating to a restructuring plan (the "2020 Plan") that commenced on November 18, 2020. The 2020 Plan was designed to streamline the Company’s operations through a reduction of its domestic workforce and improve the organizational design of the Company through the elimination of certain roles and centralization of certain functional areas of the Company.

The following table summarizes the restructuring and other related charges recognized by operating segment:


	Years Ended December 31,
(In thousands)	2023		2022		2021
Domestic Operations	$	3,350	$	423,205	$	2,516
International and Other	3,934		2,854		6,083
Corporate / Inter-segment Eliminations	20,503		22,907		1,779
Total restructuring and other related charges	$	27,787	$	448,966	$	10,378

The following table summarizes the accrued restructuring and other related costs:


(In thousands)	Severance and Employee-Related Costs		Content Impairments and Other Exit Costs		Total
Balance at December 31, 2021	$	311	$	29	$	340
Charges	45,212		403,754		448,966

Cash payments	(311)		(13)		(324)
Non-cash adjustments	(7,698)		(329,046)		(336,744)
Other	(364)		—		(364)
Balance at December 31, 2022	37,150		74,724		111,874
Charges	17,510		10,277		27,787

Cash payments	(45,878)		(66,672)		(112,550)
Non-cash adjustments	—		(15,147)		(15,147)
Other	(56)		1,826		1,770
Balance at December 31, 2023	$	8,726	$	5,008	$	13,734

Accrued restructuring and other related costs of $12.1 million and $1.6 million are included in Accrued liabilities and Other liabilities, respectively, in the consolidated balance sheet at December 31, 2023. Accrued restructuring and other related costs of $108.0 million and $3.9 million are included in Accrued liabilities and Other liabilities, respectively, in the consolidated balance sheet at December 31, 2022.

Redeemable Noncontrolling Interests (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2014
Noncontrolling Interest [Line Items]
Distribution related to spin-off transaction	$ 8,233
Transfer from redeemable noncontrolling interest	$ 18,367
New Video (BBC AMERICA)
Noncontrolling Interest [Line Items]
Percentage of interest acquired		49.90%
New Video (BBC AMERICA) \| Unnamed Subsidiary
Noncontrolling Interest [Line Items]
Noncontrolling interest, ownership percentage by noncontrolling owners		50.10%
New Video (BBC AMERICA) \| Unnamed Subsidiary \| Maximum
Noncontrolling Interest [Line Items]
Put option, exercisable, term		25 years
New Video (BBC AMERICA) \| Unnamed Subsidiary \| Minimum
Noncontrolling Interest [Line Items]
Put option, exercisable, term		15 years

Property and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment (including equipment under finance leases) consists of the following:


(In thousands)	December 31,				Estimated Useful Lives
	2023		2022
Program, service and test equipment	$	336,803	$	314,234	2 to 5 years
Satellite equipment	40,536		40,051		Term of lease
Furniture and fixtures	11,750		12,490		3 to 8 years
Transmission equipment	29,924		30,169		5 years

Leasehold improvements	143,932		149,996		Term of lease
Property and equipment	562,945		546,940
Accumulated depreciation and amortization	(403,708)		(344,906)
Property and equipment, net	$	159,237	$	202,034

Depreciation and amortization expenses on property and equipment (including equipment under finance leases) amounted to $66.9 million, $65.8 million and $54.8 million, for the years ended December 31, 2023, 2022 and 2021, respectively.

In connection with exiting a portion of its New York office space, the Company recorded an impairment charge of $2.5 million for leasehold improvements. See Note 5 for further discussion of the impairment charges taken in connection with the Company's restructuring plan.

At December 31, 2023 and 2022, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:


(In thousands)	December 31,
	2023		2022
Satellite equipment	$	40,536	$	40,051
Less accumulated amortization	(30,652)		(29,069)
	$	9,884	$	10,982

Commitments and Contingencies (Narrative) (Details) $ in Millions	Nov. 14, 2022 USD ($)	Jan. 26, 2023 claim	Jan. 20, 2021 defendant	Jul. 22, 2020 legal_matter
California Action
Loss Contingencies [Line Items]
Number of legal matters \| legal_matter				7
Number of defendants eliminated \| defendant			8
Number of remaining claims \| claim		2
MFN Litigation
Loss Contingencies [Line Items]
Claims for damages \| $	$ 200

Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Accrued Liabilities [Abstract]

Schedule of Accrued Liabilities

Accrued liabilities consist of the following:


(In thousands)	December 31, 2023		December 31, 2022
Employee related costs	$	93,866	$	97,362
Participations and residuals	164,375		138,384
Interest	31,749		37,105
Restructuring and other related charges	12,149		107,998
Other accrued expenses	83,699		38,216
Total accrued liabilities	$	385,838	$	419,065

Benefit Plans (Details) - USD ($) $ in Millions	12 Months Ended
Benefit Plans (Details) - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Total expense related to all benefit plans	$ 6.7	$ 4.3	$ 11.9

Income Taxes (Schedule of Earnings Before Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Domestic	$ 239,061	$ (52,458)	$ 292,364
Foreign	56,945	22,506	81,868
Income (loss) from operations before income taxes	$ 296,006	$ (29,952)	$ 374,232

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(11))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479557/942-235-S99-1

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 25
-Paragraph 1
-SubTopic 20
-Topic 940
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481913/940-20-25-1

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

+ Details

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of Weighted Average Number of Shares

The following is a reconciliation between basic and diluted weighted average shares outstanding:


(In thousands)	Years Ended December 31,
	2023	2022	2021
Basic weighted average shares outstanding	43,827	43,135	42,361
Effect of dilution:
Stock options	—	—	3
Restricted stock units	164	596	1,075
Diluted weighted average shares outstanding	43,991	43,731	43,439

Schedule of Stock by Class

The following table summarizes common stock share activity for all years presented:


	Shares Outstanding
(In thousands)	Class A Common Stock	Class B Common Stock
Balance at December 31, 2020	29,975	11,484

Employee and non-employee director stock transactions*	917	—
Balance at December 31, 2021	30,892	11,484
Employee and non-employee director stock transactions*	633	—
Balance at December 31, 2022	31,525	11,484

Employee and non-employee director stock transactions*	552	—
Balance at December 31, 2023	32,077	11,484

*Reflects common stock activity in connection with restricted stock units and stock options granted to employees, as well as in connection with the fulfillment of employees' statutory tax withholding obligations for applicable income and other employment taxes and forfeited employee restricted stock units.

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(27))
-SubTopic 10
-Topic 210
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-3

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-4

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-5

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481142/505-10-45-2

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-10

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-8

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480244/480-10-S99-1

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-6

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-7

+ Details

Long-term Debt

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Long-term Debt

The Company's long-term debt consists of:


(In thousands)	December 31, 2023		December 31, 2022
Senior Secured Credit Facility:
Term Loan A Facility	$	607,500	$	641,250
Senior Notes:
5.00% Notes due April 2024	—		400,000
4.75% Notes due August 2025	774,729		800,000
4.25% Notes due February 2029	1,000,000		1,000,000

Total long-term debt	2,382,229		2,841,250
Unamortized discount	(13,873)		(18,718)
Unamortized deferred financing costs	(6,607)		(10,079)
Long-term debt, net	2,361,749		2,812,453
Current portion of long-term debt	67,500		33,750
Noncurrent portion of long-term debt	$	2,294,249	$	2,778,703

During the year ended December 31, 2023, the Company repaid a total of $33.7 million of the principal amount of the Term Loan A Facility in accordance with the terms of the agreement. Additionally, in December 2023, the Company redeemed the remaining $400 million principal amount of its 5.00% Notes due April 2024 at 100% of the principal amount plus accrued interest to the date of redemption and repurchased $25.3 million of outstanding 4.75% Notes due August 2025 through open market repurchases.

Senior Secured Credit Facility

On February 8, 2021, AMC Networks entered into Amendment No. 1 (“Amendment No. 1”) to the Second Amended and Restated Credit Agreement, dated as of July 28, 2017 (as amended, the "Credit Agreement"), among AMC Networks and its subsidiary, AMC Network Entertainment LLC, as the Initial Borrowers, certain of AMC Networks' subsidiaries, as restricted subsidiaries, JPMorgan Chase Bank, N.A., as Administrative Agent, Collateral Agent and L/C Issuer, Bank of America, as an L/C Issuer, and the lenders party thereto. Amendment No. 1 extended the maturity dates of the $675 million Term Loan A Facility and $500 million Revolving Facility (each as defined below) under the Credit Agreement to February 8, 2026, and made certain other amendments to the covenants and other provisions of the Credit Agreement.

In April 2023, the Company entered into Amendment No. 2 ("Amendment No. 2") to the Credit Agreement. Amendment No. 2 (i) reduced the aggregate principal amount of the revolving loan commitments under the Credit Agreement from $500 million to $400 million, (ii) replaced the interest rate based on London Interbank Offered Rate with an interest rate based on the Secured Overnight Financing Rate ("SOFR"), (iii) increased the Company's ability to incur additional debt in the future to provide additional flexibility for future financings, including increasing the amount of the incremental debt basket to the greater of $1.2 billion and the amount that would not cause the senior secured leverage ratio to exceed 3.00 to 1.00 on a pro forma basis and (iv) made certain other modifications to the Credit Agreement. In connection with the modification of the revolving loan commitments, the Company recorded $0.6 million to write-off a portion of the unamortized deferred financing costs, which is included in interest expense within the consolidated statements of income for the year ended December 31, 2023.

The Credit Agreement provides the Initial Borrowers with senior secured credit facilities consisting of (a) a $675 million Term Loan A (the "Term Loan A Facility") and (b) a $400 million revolving credit facility (the "Revolving Facility" and, together with the Term Loan A Facility, the "Credit Facility").

Borrowings under the Credit Agreement bear interest at a floating rate, which at the option of the Initial Borrowers may be either (a) a base rate plus an additional rate ranging from 0.25% to 1.25% per annum (determined based on a cash flow ratio) (the "Base Rate"), or (b) a SOFR rate plus an additional rate ranging from 1.25% to 2.25% per annum (determined based on a cash flow ratio) (the "SOFR Rate").

The Credit Agreement requires the Initial Borrowers to pay a commitment fee of between 0.25% and 0.50% (determined based on a cash flow ratio) in respect of the average daily unused commitments under the Revolving Facility. The Initial Borrowers also are required to pay customary letter of credit fees, as well as fronting fees, to banks that issue letters of credit pursuant to the Credit Agreement.

All obligations under the Credit Agreement are guaranteed by certain of the Initial Borrowers' existing and future domestic restricted subsidiaries in accordance with the Credit Agreement. All obligations under the Credit Agreement, including the guarantees of those obligations, are secured by certain assets of the Initial Borrowers and certain of their subsidiaries (collectively, the "Loan Parties").

The Credit Agreement contains certain affirmative and negative covenants applicable to the Loan Parties. These include restrictions on the Loan Parties' ability to incur indebtedness, make investments, place liens on assets, dispose of assets, enter into certain affiliate transactions and make certain restricted payments, including restrictions on AMC Networks' ability to pay dividends on and to repurchase its common stock. The Credit Agreement also requires the Initial Borrowers to comply with the following financial covenants: (i) a maximum ratio of net debt to annual operating cash flow (each defined in the Credit Agreement) of 5.25:1 from January 1, 2021 through December 31, 2021 and decreasing to 5.00:1 on and after January 1, 2022, subject to increase (not to exceed 6.00:1) if AMC Networks consummates any leveraging acquisition; and (ii) a minimum ratio of annual operating cash flow to annual total interest expense (as defined in the Credit Agreement) of 2.50:1.

The Revolving Facility was not drawn upon at December 31, 2023 or December 31, 2022. The total undrawn revolver commitment is available to be drawn for our general corporate purposes.

AMC Networks was in compliance with all of its financial covenants under the Credit Facility as of December 31, 2023 and 2022.

Senior Notes

General terms

The senior notes are guaranteed on a senior unsecured basis by the guarantors, in accordance with the related indenture. The guarantees are full and unconditional and joint and several. The indentures governing each of the senior notes contain certain affirmative and negative covenants applicable to AMC Networks and its restricted subsidiaries including restrictions on their ability to incur additional indebtedness, consummate certain assets sales, make investments in entities that are not restricted subsidiaries, create liens on their assets, enter into certain affiliate transactions and make certain restricted payments, including restrictions on AMC Networks' ability to pay dividends on, or repurchase, its common stock.

4.25% Notes due 2029

On February 8, 2021, AMC Networks issued and certain of AMC Networks’ subsidiaries (hereinafter, the “Guarantors”) guaranteed $1.0 billion aggregate principal amount of 4.25% senior notes due February 15, 2029 (the “4.25% Notes due 2029”) in a registered public offering and received net proceeds of $982.3 million, after deducting underwriting discounts and commissions and expenses. The Company used such proceeds to redeem (i) the remaining $400 million principal amount of the Company’s 4.75% senior notes due 2022 and (ii) $600 million principal amount of the Company’s 5.00% senior notes due 2024 on February 26, 2021 (the "Redemption Date"). The 4.75% senior notes due 2022 were redeemed at a redemption price of 100.000% of the principal amount of such notes and the 5.00% senior notes due 2024 were redeemed at a redemption price of 102.500% of the principal amount of such notes, in each case, plus accrued and unpaid interest to, but excluding, the Redemption Date. In connection with the redemptions, the Company incurred a loss on extinguishment of debt for the year ended December 31, 2021 of $22.1 million representing the redemption premium and the write-off of a portion of the unamortized discount and deferred financing costs.

The 4.25% Notes due 2029 may be redeemed, at AMC Networks' option, in whole or in part, at any time on or after February 15, 2024, at a redemption price equal to 102.125% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption), declining annually to 100% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption) beginning on February 15, 2026.

4.75% Notes due 2025

On July 28, 2017, AMC Networks issued, and the Guarantors guaranteed $800 million aggregate principal amount of senior notes due August 1, 2025 (the "4.75% Notes due 2025") in a registered public offering. The 4.75% Notes due 2025 were issued net of a $14.0 million underwriting discount. AMC Networks used approximately $400 million of the net proceeds to repay loans under AMC Networks' Term Loan A Facility and to pay fees and expenses related to the issuance. The remaining proceeds are for general corporate purposes. The 4.75% Notes due 2025 were issued pursuant to an indenture, dated as of March 30, 2016, as amended by the Second Supplemental Indenture, dated as of July 28, 2017.

The 4.75% Notes due 2025 may be redeemed, at AMC Networks' option, in whole or in part, at any time on or after August 1, 2021, at a redemption price equal to 102.375% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption), declining annually to 100% of the principal amount thereof (plus accrued and unpaid interest thereon, if any, to the date of such redemption) beginning on August 1, 2023. In December 2023, the Company repurchased $25.3 million of its outstanding 4.75% Notes due 2025 through open market repurchases, at a discount, and retired the repurchased notes.

5.00% Notes due 2024

On March 30, 2016, the Company issued and the Guarantors guaranteed $1.0 billion in aggregate principal amount of 5.00% senior notes due 2024 (the "5.00% Notes due 2024"), net of an issuance discount of $17.5 million. AMC Networks used $703 million of the net proceeds of this offering to make a cash tender ("Tender Offer") for its outstanding 7.75% Notes due 2021 (the "7.75% Notes"). In addition, $45.6 million of the proceeds from the issuance of the 5.00% Notes due 2024 was used for the redemption of the 7.75% Notes not tendered. The remaining proceeds are for general corporate purposes. The 5.00% Notes due 2024 were issued pursuant to an indenture dated as of March 30, 2016.

On February 26, 2021, the Company redeemed $600 million principal amount of its 5.00% Notes due 2024 and in December 2023, the Company redeemed the remaining $400 million principal amount of its 5.00% Notes due 2024.

Summary of Debt Maturities

Total amounts payable by the Company under its various debt obligations outstanding as of December 31, 2023 are as follows:


(In thousands)
Years Ending December 31,
2024	$	67,500
2025	842,229
2026	472,500
2027	—
2028	—
Thereafter	1,000,000
	$	2,382,229

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//470/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1E

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

+ Details

Description of Business and Basis of Presentation	12 Months Ended
Description of Business and Basis of Presentation	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business AMC Networks Inc. ("AMC Networks") and its subsidiaries (collectively referred to as the "Company," "we," "us," or "our") own and operate entertainment businesses and assets. The Company is comprised of two operating segments: •Domestic Operations: Includes our five national programming networks, our global streaming services, our AMC Studios operation and our film distribution business. Our programming networks are AMC, WE tv, BBC AMERICA, IFC, and SundanceTV. Our global streaming services consist of AMC+ and our targeted subscription streaming services (Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE). Our AMC Studios operation produces original programming for our programming services and third parties and also licenses programming worldwide. Our film distribution business includes IFC Films, RLJ Entertainment Films and Shudder. The operating segment also includes AMC Networks Broadcasting & Technology, our technical services business, which primarily services the programming networks. •International and Other: Includes AMC Networks International ("AMCNI"), our international programming businesses consisting of a portfolio of channels around the world, and 25/7 Media (formerly Levity), our production services business. On December 29, 2023, AMC Networks sold its interest in 25/7 Media to the noncontrolling interest holders. See Note 4 for additional information relating to the 2023 sale of the production services business and the 2021 spin-off of the Levity comedy venues business. Basis of Presentation Principles of Consolidation The consolidated financial statements include the accounts of AMC Networks and its subsidiaries in which a controlling financial interest is maintained or variable interest entities ("VIEs") in which the Company has determined it is the primary beneficiary. All intercompany transactions and balances have been eliminated in consolidation. Investments in business entities in which the Company lacks control but does have the ability to exercise significant influence over operating and financial policies are accounted for using the equity method of accounting. Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements; and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets and the valuation and recoverability of goodwill and intangible assets.

Property and Equipment (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation and amortization expenses		$ 66.9	$ 65.8	$ 54.8
Impairment charge	$ 2.5

Segment Information (Schedule of Revenue by Geographic Location) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues, net	$ 2,711,877	$ 3,096,545	$ 3,077,608
United States
Segment Reporting Information [Line Items]
Revenues, net	2,210,253	2,574,504	2,462,210
Europe
Segment Reporting Information [Line Items]
Revenues, net	329,093	354,492	432,682
Other
Segment Reporting Information [Line Items]
Revenues, net	$ 172,531	$ 167,549	$ 182,716

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-4

+ Details

Program Rights and Obligations (Expected Amortization of Owned and Licensed Program Rights) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Predominantly Monetized Individually
2024	$ 56,381
2025	40,358
2026	19,152
Predominantly Monetized as a Group
2024	212,874
2025	177,484
2026	100,634
Predominantly Monetized Individually
2024	2,064
2025	313
2026	128
Predominantly Monetized as a Group
2024	409,805
2025	225,101
2026	$ 101,837

Income Taxes

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Income Taxes

Income (loss) from continuing operations before income taxes consists of the following components:


(In thousands)	Years Ended December 31,
	2023		2022		2021
Domestic	$	239,061	$	(52,458)	$	292,364
Foreign	56,945		22,506		81,868
Total	$	296,006	$	(29,952)	$	374,232

Income tax expense (benefit) attributable to continuing operations consists of the following components:


(In thousands)	Years Ended December 31,
	2023		2022		2021
Current expense (benefit):
Federal	$	9,260	$	(6,310)	$	19,751
State	12,624		2,141		10,360
Foreign	23,517		18,933		25,990
	45,401		14,764		56,101
Deferred expense (benefit):
Federal	46,831		(43,707)		24,923
State	1,034		(3,633)		2,715
Foreign	1,871		(3,349)		6,372
	49,736		(50,689)		34,010
Tax expense (benefit) relating to uncertain tax positions, including accrued interest	(531)		(5,055)		4,282
Income tax expense (benefit)	$	94,606	$	(40,980)	$	94,393

A reconciliation of the federal statutory income tax rate to the effective income tax rate is as follows:


(In thousands)	Years Ended December 31,
	2023		2022		2021
U.S. federal statutory income tax rate	21	%	21	%	21	%
State and local income taxes, net of federal benefit (a)	4		20		3
Effect of foreign operations (b)	1		(11)		(1)
Non-deductible compensation expenses (c)	2		(35)		2
Excess tax deficiencies related to share-based compensation	1		(5)		(1)
Changes in the valuation allowance (d)	3		(109)		3

Tax expense relating to uncertain tax positions, including accrued interest, net of deferred tax benefits	—		16		1
Deferral of investment tax credit benefit	—		4		(1)
Deemed liquidation - controlled foreign corporation (a)	—		235		—
Other	—		1		(2)
Effective income tax rate	32	%	137	%	25	%

(c) In the year ended December 31, 2022, the increase in nondeductible compensation expense is primarily due to contractual severance as a result of employee separations.

The tax effects of temporary differences that give rise to significant components of deferred tax assets or liabilities at December 31, 2023 and 2022 are as follows:


(In thousands)	December 31,
	2023		2022
Deferred Tax Asset (Liability)
NOLs and tax credit carry-forwards	$	100,137	$	101,793
Compensation and benefit plans	19,974		24,451
Allowance for doubtful accounts	1,486		1,280
Fixed assets and intangible assets	31,816		35,678
Accrued interest expense	20,985		30,346
Unused capital losses	22,396		60,226
Other liabilities	24,769		21,618
Deferred tax asset	221,563		275,392
Valuation allowance	(135,742)		(132,164)
Net deferred tax asset	85,821		143,228
Prepaid liabilities	(639)		(570)
Fixed assets and intangible assets	(85,282)		(89,671)
Investments in partnerships	(124,164)		(128,434)
Other assets	(24,663)		(23,577)
Deferred tax liability	(234,748)		(242,252)
Total net deferred tax liability	$	(148,927)	$	(99,024)

At December 31, 2023, the Company had investment tax credit carry-forwards of approximately $80.0 million, expiring on various dates from 2032 through 2038 and foreign tax credit carryforwards of approximately $46.2 million, expiring on various dates from 2024 through 2033. The investment tax credits have been reduced by a valuation allowance of approximately $19.2 million and the foreign tax credit carryforwards have been reduced by a valuation allowance of $46.2 million as it is more likely than not that these carry forwards will not be realized. The Company had net operating loss carry forwards of approximately $328.7 million, related primarily to federal and state net operating losses acquired as a result of the purchase of the outstanding shares of RLJ Entertainment and Sentai Holdings of approximately $75.8 million and $3.8 million, respectively, as well as net operating loss carryforwards of our foreign subsidiaries. The deferred tax asset related to the federal and state net operating loss carryforward of approximately $20.0 million has expiration dates ranging from 2024 through 2043 (some are indefinite) and has been reduced by a valuation allowance of approximately $10.4 million, including $7.7 million that was recorded through goodwill as part of purchase accounting. Although the foreign net operating loss carry-forward periods range from 5 years to unlimited, the related deferred tax assets of approximately $34.8 million for these carry-forwards have been reduced by a valuation allowance of approximately $34.7 million as it is more likely than not that these carry-forwards will not be realized. The deferred tax asset related to unused capital losses and other related losses has been reduced by a valuation allowance of approximately $25.2 million as it is more likely than not that these losses will not be realized. The remainder of the valuation allowance at December 31, 2023 relates primarily to deferred tax assets attributable to temporary differences of certain foreign subsidiaries for which it is more likely than not that these deferred tax assets will not be realized.

For the year ended December 31, 2023, $0.4 million relating to amortization of tax deductible second component goodwill was realized as a reduction in tax liability (as determined on a 'with-and-without' approach).

At December 31, 2023, the liability for uncertain tax positions was $5.7 million, excluding accrued interest of $1.8 million and deferred tax assets of $1.6 million. All of such unrecognized tax benefits, if recognized, would reduce the Company's income tax expense and effective tax rate.

A reconciliation of the beginning to ending amount of the liability for uncertain tax positions (excluding related accrued interest and deferred tax benefit) is as follows:


(In thousands)
Balance at December 31, 2022	$	6,650
Increases related to current year tax positions	692
Increases related to prior year tax positions	91

Decreases related to prior year tax positions	(243)
Decreases due to settlements/payments	(1,158)
Decreases due to lapse of statute of limitations	(349)

Balance at December 31, 2023	$	5,683

Interest benefit (net of the related deferred tax) of $0.2 million was recognized during the year ended December 31, 2023 and is included in income tax expense in the consolidated statement of income. At December 31, 2023 and 2022, the liability for uncertain tax positions and accrued interest are included in accrued liabilities and other liabilities in the consolidated balance sheets.

As of December 31, 2023, approximately $244.9 million of cash and cash equivalents, previously held by foreign subsidiaries, was repatriated to the United States. Our consolidated cash and cash equivalents balance of $570.6 million as of December 31, 2023 includes approximately $141.9 million held by foreign subsidiaries. Of this amount, approximately $20.0 million is expected to be repatriated to the United States with the remaining amount continuing to be reinvested in foreign operations. Tax expense related to the repatriated amount, as well as the expected remaining amount to be repatriated, has been accrued in the current period and the Company does not expect to incur any significant, additional taxes related to the remaining balance.

The Company is currently being audited by the State and City of New York and various other states or jurisdictions, with most of the periods under examination relating to tax years 2015 and forward.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//740/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-14

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-21

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482526/740-270-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-17

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479360/740-10-S99-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482603/740-30-50-2

+ Details

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Revenue Recognition

The Company primarily earns revenue from (i) the distribution of its programming services, through distributors and directly to consumers, and licensing of its programming and other content, (ii) advertising, and (iii) other services. Revenue is recognized when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of the promised products or services is transferred to customers. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or services to a customer. The Company’s revenue recognition policies associated with each major source of revenue from contracts with customers are described in Note 3 Revenue Recognition.

Technical and Operating Expenses

Costs of revenues, including but not limited to programming expenses, primarily consisting of amortization of program rights, such as those for original programming, feature films and licensed series, participation and residual costs, distribution and production related costs and program delivery costs, such as transmission, encryption, hosting and formatting are classified as technical and operating expenses in the consolidated statements of income.

Advertising Expenses

Advertising costs are charged to expense when incurred and are included in selling, general and administrative expenses in the consolidated statements of income. Advertising costs were $241.5 million, $379.0 million and $383.0 million for the years ended December 31, 2023, 2022 and 2021, respectively.

Share-Based Compensation

The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the portion of awards that are ultimately expected to vest. The cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award using a straight-line amortization method, except for restricted stock units granted to non-employee directors which vest 100%, and are expensed, at the date of grant. Share-based compensation expenses is included in selling, general and administrative expenses in the consolidated statements of income.

Foreign Currency

The reporting currency of the Company is the U.S. dollar. The functional currency of most of the Company's international subsidiaries is the local currency. Assets and liabilities, including intercompany balances for which settlement is anticipated in the foreseeable future, are translated at exchange rates in effect at the balance sheet date. Foreign currency equity balances are translated at historical rates. Revenues and expenses denominated in foreign currencies are translated at average exchange rates for the respective periods. Foreign currency translation adjustments are recorded as a component of other comprehensive income ("OCI") in the consolidated statements of stockholders' equity.

Transactions denominated in currencies other than subsidiaries' functional currencies are recorded based on exchange rates at the time such transactions arise. Changes in exchange rates with respect to amounts recorded in the consolidated balance sheets related to these items will result in unrealized foreign currency transaction gains and losses based upon period-end exchange rates. The Company also records realized foreign currency transaction gains and losses upon settlement of the transactions. The Company recognized foreign currency transaction gains (losses) of $8.4 million, $(1.2) million and $12.2 million for the years ended December 31, 2023, 2022 and 2021, respectively, which are included in miscellaneous, net in the consolidated statements of income.

Cash and Cash Equivalents

The Company's cash investments are placed with money market funds and financial institutions that are investment grade as rated by Standard & Poor's and Moody's Investors Service. The Company selects money market funds that predominantly invest in marketable, direct obligations issued or guaranteed by the U.S. government or its agencies, commercial paper, fully collateralized repurchase agreements, certificates of deposit, and time deposits.

The Company considers the balance of its investment in funds that hold securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or are at fair value.

Accounts Receivable, Trade

The Company periodically assesses the adequacy of valuation allowances for uncollectible accounts receivable using a forward looking expected loss model by evaluating the collectability of outstanding receivables and general factors such as length of time individual receivables are past due, historical collection experience, and the economic and competitive environment.

Program Rights

Rights to programming, including feature films and episodic series, acquired under license agreements are stated at the lower of unamortized cost or fair value. Such licensed rights along with the related obligations are recorded at the contract value when a license agreement is executed, unless there is uncertainty with respect to either cost, acceptability or availability. If such uncertainty exists, those rights and obligations are recorded at the earlier of when the uncertainty is resolved or the license period begins. Costs are amortized to technical and operating expenses on a straight-line or accelerated basis, based on the expected exploitation strategy of the rights, over a period not to exceed the respective license periods.

Owned original programming costs are recorded as program rights on the consolidated balance sheet. Program rights that are monetized as a group are amortized based on projected usage, typically resulting in an accelerated amortization pattern. Projected program usage is based on the Company's current expectation of future exhibitions taking into account historical usage of similar content. To a lesser extent, program rights that are predominantly monetized individually are amortized to technical and operating expenses over their estimated useful lives, commencing upon the first airing, based on attributable revenue for airings to date as a percentage of total projected attributable revenue ("ultimate revenue") under the individual-film-forecast-computation method. Projected attributable revenue can change based upon programming market acceptance, levels of distribution and advertising revenue and decisions regarding planned program usage. These calculations require management to make assumptions and to apply judgment regarding revenue and planned usage. Accordingly, the Company periodically reviews revenue estimates and planned usage and revises its assumptions if necessary, which could impact the timing of amortization expense or result in a write-down to fair value. Any capitalized development costs for programs that the Company determines will not be produced are written off at the earlier of the time of abandonment or three years.

The Company periodically reviews the programming usefulness of licensed and owned original program rights based on several factors, including expected future revenue generation from airings on the Company's networks and streaming services and other exploitation opportunities, ratings, type and quality of program material, standards and practices, and fitness for exhibition through various forms of distribution. If events or changes in circumstances indicate that the fair value of a film predominantly monetized individually or a film group is less than its unamortized cost, the Company will write off the excess to technical and operating expenses in the consolidated statements of income. Program rights with no future programming usefulness are substantively abandoned, resulting in the write-off of remaining unamortized cost. See Note 6 for further discussion regarding program rights.

In the normal course of business, the Company may qualify for tax incentives through eligible spend on productions. These tax incentives generally provide for refundable or transferable tax credits upon meeting established levels of qualified production spending within a participating jurisdiction and may be received prior to or after completion of a production. Production tax incentives are included in prepaid and other current assets or other assets in the consolidated balance sheet with a corresponding reduction to the cost basis of the Company’s programming assets when collection becomes probable, and reduces program rights amortization over the life of the title. Receivables related to tax incentives earned on production spend as of December 31, 2023 consisted of $230.3 million recorded in Prepaid expenses and other current assets and $49.9 million recorded in Other assets. Receivables related to tax incentives earned on production spend as of December 31, 2022 were $143.1 million recorded in Prepaid expenses and other current assets and $104.5 million recorded in Other assets.

Investments

Investments in equity securities (excluding equity method investments) with readily determinable fair values are accounted for at fair value. The Company applies the measurement alternative to fair value for equity securities without readily determinable fair values, which is to record the investments at cost, less impairment, if any, and subsequently adjust for observable price changes of identical or similar investments of the same issuer. All gains and losses related to equity securities are recorded in earnings as a component of miscellaneous, net, in the consolidated statements of income.

Investments in which the Company has the ability to exercise significant influence but does not control and is not the primary beneficiary are equity method investments. Significant influence typically exists if the Company has a 20% to 50% ownership interest in a venture unless persuasive evidence to the contrary exists. Under this method of accounting, the Company records its proportionate share of the net earnings or losses of equity method investees and a corresponding increase or decrease to the investment balances. Cash payments to equity method investees such as additional investments and expenses incurred on behalf of investees as well as payments from equity method investees such as dividends and distributions are recorded as adjustments to investment balances. The Company applies the cumulative earnings approach for determining the cash flow presentation of cash distributions received from equity method investees. Distributions received are included in the consolidated statements of cash flows as operating activities, unless the cumulative distributions (less distributions received in prior periods that were determined to be returns of investment) exceed the Company's portion of the cumulative equity in the net earnings of the equity method investment, in which case the excess distributions are deemed to be returns of the investment and are classified as investing activities in the consolidated statements of cash flows. The Company

evaluates its equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amounts of such investments may not be recoverable. See Note 7 for further discussion regarding investments.

Long-Lived Assets

Property and equipment are carried at cost. Equipment under finance leases is recorded at the present value of the total minimum lease payments. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to equipment under finance leases and leasehold improvements, amortized over the shorter of the lease term or the assets' useful lives and reported in depreciation and amortization in the consolidated statements of income.

Amortizable intangible assets established in connection with business combinations primarily consist of affiliate and customer relationships, advertiser relationships and trade names. Amortizable intangible assets are amortized on a straight-line basis over their respective estimated useful lives.

The Company reviews its long-lived assets (property and equipment, and amortizable intangible assets) for impairment whenever events or circumstances indicate that the carrying amount of an asset group may not be recoverable. If the sum of the expected cash flows, undiscounted and without interest, is less than the carrying amount of the asset group, an impairment loss is recognized as the amount by which the carrying amount of the asset group exceeds its fair value. See Note 9 for further discussion regarding impairment tests of long-lived assets.

Goodwill and Indefinite-Lived Intangible Assets

Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized, but instead are tested annually for impairment and upon the occurrence of certain events or substantive changes in circumstances.

Goodwill

The annual goodwill impairment test allows for the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. An entity may choose to perform the qualitative assessment on none, some or all of its reporting units or an entity may bypass the qualitative assessment for any reporting unit and proceed directly to step one of the quantitative impairment test. If it is determined, on the basis of qualitative factors, that the fair value of a reporting unit is, more likely than not, less than its carrying value, the quantitative impairment test is required. The quantitative impairment test calculates any goodwill impairment as the difference between the carrying amount of a reporting unit and its fair value, but not to exceed the carrying amount of goodwill.

Indefinite-Lived Intangible Assets

Indefinite-lived intangible assets established in connection with business combinations consist of trademarks. The annual indefinite-lived intangible asset impairment test allows for the option to first assess qualitative factors to determine whether it is more likely than not that the fair value is less than its carrying amount. If it is determined, on the basis of qualitative factors, that the fair value is, more likely than not, less than its carrying value, the quantitative impairment test is required. The quantitative impairment test consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value exceeds its fair value, an impairment loss is recognized in an amount equal to that excess.

See Note 9 for further discussion regarding impairment tests of goodwill and indefinite-lived intangible assets.

Deferred Carriage Fees

Deferred carriage fees, included in other assets in the consolidated balance sheets, represent amounts principally paid to multichannel video programming distributors to obtain additional subscribers and/or guarantee carriage of certain programming services and are amortized as a reduction of revenue over the period of the related affiliation arrangement (up to 6 years).

Derivative Financial Instruments

The Company's derivative financial instruments are recorded as either assets or liabilities in the consolidated balance sheet based on their fair values. The Company's embedded derivative financial instruments which are clearly and closely related to the host contracts are not accounted for on a stand-alone basis. Changes in the fair values are reported in earnings or other comprehensive income depending on the use of the derivative and whether it qualifies for hedge accounting. Derivative instruments are designated and accounted for as either a hedge of a recognized asset or liability (fair value hedge) or a hedge of a forecasted transaction (cash flow hedge). For derivatives not designated as hedges, changes in fair values are recognized in earnings and included in interest expense for interest rate swap contracts and miscellaneous, net, for foreign currency and other derivative contracts. For derivatives designated as effective cash flow hedges, changes in fair values are recognized in other comprehensive income (loss). Changes in fair values related to fair value hedges as well as the ineffective portion of cash flow hedges are recognized in earnings. Changes in the fair value of the underlying hedged item of a fair value hedge are also recognized in earnings. See Note 13 for a further discussion of the Company's derivative financial instruments.

Income Taxes

The Company's provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and estimates with regard to the liability for unrecognized tax benefits resulting from uncertain tax positions. Deferred tax assets are evaluated quarterly for expected future realization and reduced by a valuation allowance to the extent management believes it is more likely than not that a portion will not be realized. The Company provides deferred taxes for the outside basis difference for its investment in partnerships and uses the deferral method to recognize the income tax benefit from investment tax credits. Global intangible low-taxed income (“GILTI”) tax is treated as a period expense. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense.

Commitments and Contingencies

Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the contingency can be reasonably estimated. See Note 16 for further discussion regarding commitments and contingencies.

Concentration of Credit Risk

Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and trade accounts receivable. Cash is invested in money market funds and bank time deposits. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company's emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments. As of December 31, 2023, one customer accounted for 15% of accounts receivable (short and long-term). As of December 31, 2022, two customers accounted for 14% and 12%, respectively, of accounts receivable (short and long-term).

Redeemable Noncontrolling Interests

Noncontrolling interest with redemption features, such as put options, that are not solely within the Company's control are considered redeemable noncontrolling interests. Redeemable noncontrolling interests are considered to be temporary equity and are reported in the mezzanine section between total liabilities and stockholders' equity in the Company's consolidated balance sheet at the greater of their initial carrying amount, increased or decreased for contributions, distributions and the noncontrolling interest's share of net income or loss, or an amount reflecting the accretion of changes in the redemption value to the earliest redemption date.

Net Income per Share

The consolidated statements of income present basic and diluted net income per share ("EPS"). Basic EPS is based upon net income divided by the weighted average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effects of AMC Networks outstanding equity-based awards.

The following is a reconciliation between basic and diluted weighted average shares outstanding:


(In thousands)	Years Ended December 31,
	2023	2022	2021
Basic weighted average shares outstanding	43,827	43,135	42,361
Effect of dilution:
Stock options	—	—	3
Restricted stock units	164	596	1,075
Diluted weighted average shares outstanding	43,991	43,731	43,439

As of December 31, 2023, 2022 and 2021, 0.5 million, 0.8 million and 0.4 million, respectively, of restricted stock units and stock options have been excluded from diluted weighted average common shares outstanding, as their impact would have been anti-dilutive.

Common Stock of AMC Networks

Each holder of AMC Networks Class A Common Stock has one vote per share while holders of AMC Networks Class B Common Stock have ten votes per share. AMC Networks Class B shares can be converted to AMC Networks Class A Common Stock at any time with a conversion ratio of one AMC Networks Class A common share for one AMC Networks Class B common share. The AMC Networks Class A stockholders are entitled to elect 25% of the Company's Board of Directors. AMC Networks Class B stockholders have the right to elect the remaining members of the Company's Board of Directors. In addition,

AMC Networks Class B stockholders are parties to an agreement which has the effect of causing the voting power of these AMC Networks Class B stockholders to be cast as a block.

Stock Repurchase Program

The Company's Board of Directors previously authorized a program to repurchase up to $1.5 billion of its outstanding shares of common stock (the "Stock Repurchase Program"). The Stock Repurchase Program has no pre-established closing date and may be suspended or discontinued at any time. For the years ended December 31, 2023 and 2022, the Company did not repurchase any shares of its Class A common stock. As of December 31, 2023, the Company had $135.3 million available for repurchase under the Stock Repurchase Program.

The following table summarizes common stock share activity for all years presented:


	Shares Outstanding
(In thousands)	Class A Common Stock	Class B Common Stock
Balance at December 31, 2020	29,975	11,484

Employee and non-employee director stock transactions*	917	—
Balance at December 31, 2021	30,892	11,484
Employee and non-employee director stock transactions*	633	—
Balance at December 31, 2022	31,525	11,484

Employee and non-employee director stock transactions*	552	—
Balance at December 31, 2023	32,077	11,484

Recently Adopted Accounting Standards

In November 2021, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) 2021-10, Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance, requiring annual disclosures about transactions with a government that are accounted for by analogizing to a grant or contribution accounting model. The guidance requires the disclosure of the nature of the transactions, the accounting policies used to account for the transactions, and the effect of the transactions on the financial statements. The Company adopted the new guidance prospectively for the year ended December 31, 2022, which impacts disclosures of tax incentives related to the production of content.

Effective January 1, 2021, the Company adopted FASB ASU 2019-12, Simplifying the Accounting for Income Taxes. ASU 2019-12 removes certain exceptions to the general principles in Accounting Standards Codification (“ASC”) Topic 740 - Income Taxes. The adoption of the standard did not have a material effect on the Company's consolidated financial statements.

Recently Issued Accounting Standards

In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 is intended to enhance the transparency and decision usefulness of income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. The standard is effective for annual reporting periods beginning after December 15, 2024, with early adoption permitted. The Company is currently assessing the impact that the adoption will have on its consolidated financial statements.

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which expands disclosures about a public entity’s reportable segments and requires more enhanced information about a reportable segment’s expenses, interim segment profit or loss, and how a public entity’s chief operating decision maker uses reported segment profit or loss information in assessing segment performance and allocating resources. The standard is effective for annual reporting periods beginning after December 15, 2023, and interim periods within years beginning after December 15, 2024, with early adoption permitted. The Company is currently assessing the impact that the adoption will have on its consolidated financial statements.

In December 2021, the Organization for Economic Co-operation and Development (OECD) released the Pillar Two Model Rules which aim to reform international corporate taxation rules, including the implementation of a global minimum tax

rate. The Pillar Two Model Rules will be implemented in a phased approach beginning January 1, 2024. The Company is currently assessing the rules in all jurisdictions but does not anticipate a material impact to its financial statements.

Leases

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Leases

Certain subsidiaries of the Company lease office space and equipment under long-term non-cancelable lease agreements which expire at various dates through 2033. Leases with an initial term of 12 months or less are not recorded on the balance sheet, instead the lease expense is recorded on a straight-line basis over the lease term. For lease agreements entered into, we combine lease and non-lease components. Some leases include options to extend the lease term or terminate the lease prior to the end of the lease term. The depreciable life of assets and leasehold improvements are limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise.

The leases generally provide for fixed annual rentals plus certain other costs or credits. Some leases include rental payments based on a percentage of revenue over contractual levels or based on an index or rate. Our lease agreements do not include any material residual value guarantees or material restrictive covenants.

The following table summarizes the leases included in the consolidated balance sheets as follows:


		December 31,
(In thousands)	Balance Sheet Location	2023		2022
Assets
Operating	Operating lease right-of-use assets	$	71,163	$	108,229
Finance	Property and equipment, net	9,884		10,982
Total lease assets		$	81,047	$	119,211
Liabilities
Current:
Operating	Current portion of lease obligations	$	28,971	$	32,207
Finance	Current portion of lease obligations	4,688		4,204
		33,659		36,411
Noncurrent:
Operating	Lease obligations	72,797		105,768
Finance	Lease obligations	14,443		19,031
		87,240		124,799

Total lease liabilities		$	120,899	$	161,210

As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date.

The following table summarizes the lease costs included in the consolidated statement of income:


		December 31,
(In thousands)	Income Statement Location	2023		2022		2021
Operating lease costs	Selling, general and administrative expenses	$	26,681	$	27,186	$	28,189
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	1,098		1,098		2,105
Interest on lease liabilities	Interest expense	1,714		1,894		2,346
Short term lease costs	Selling, general and administrative expenses	111		248		206
Variable lease costs	Selling, general and administrative expenses	2,315		1,468		854
Total net lease costs		$	31,919	$	31,894	$	33,700

The following table summarizes the maturity of lease liabilities for operating and finance leases as of December 31, 2023:


(In thousands)	Operating Leases		Finance Leases		Total
2024	$	33,721	$	5,866	$	39,587
2025	29,383		5,894		35,277
2026	28,223		2,087		30,310
2027	12,833		1,428		14,261
2028	3,290		1,428		4,718
Thereafter	4,357		5,712		10,069
Total lease payments	111,807		22,415		134,222
Less: Interest	10,039		3,284		13,323
Present value of lease liabilities	$	101,768	$	19,131	$	120,899

The following table summarizes the weighted average remaining lease term and discount rate for operating and finance leases:


	December 31, 2023		December 31, 2022
Weighted average remaining lease term (years):
Operating leases	3.8		4.6
Finance leases	6.0		6.6
Weighted average discount rate:
Operating leases	4.9	%	4.6	%
Finance leases	7.1	%	7.5	%

The following table summarizes the supplemental cash paid for amounts in the measurement of lease liabilities:


	December 31,
(In thousands)	2023		2022		2021
Operating cash flows from operating leases	$	37,121	$	39,857	$	40,000
Operating cash flows from finance leases	1,586		1,947		1,789
Financing cash flows from finance leases	4,222		3,576		3,800

Leases

The following table summarizes the leases included in the consolidated balance sheets as follows:


		December 31,
(In thousands)	Balance Sheet Location	2023		2022
Assets
Operating	Operating lease right-of-use assets	$	71,163	$	108,229
Finance	Property and equipment, net	9,884		10,982
Total lease assets		$	81,047	$	119,211
Liabilities
Current:
Operating	Current portion of lease obligations	$	28,971	$	32,207
Finance	Current portion of lease obligations	4,688		4,204
		33,659		36,411
Noncurrent:
Operating	Lease obligations	72,797		105,768
Finance	Lease obligations	14,443		19,031
		87,240		124,799

Total lease liabilities		$	120,899	$	161,210

As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date.

The following table summarizes the lease costs included in the consolidated statement of income:


		December 31,
(In thousands)	Income Statement Location	2023		2022		2021
Operating lease costs	Selling, general and administrative expenses	$	26,681	$	27,186	$	28,189
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	1,098		1,098		2,105
Interest on lease liabilities	Interest expense	1,714		1,894		2,346
Short term lease costs	Selling, general and administrative expenses	111		248		206
Variable lease costs	Selling, general and administrative expenses	2,315		1,468		854
Total net lease costs		$	31,919	$	31,894	$	33,700

The following table summarizes the maturity of lease liabilities for operating and finance leases as of December 31, 2023:


(In thousands)	Operating Leases		Finance Leases		Total
2024	$	33,721	$	5,866	$	39,587
2025	29,383		5,894		35,277
2026	28,223		2,087		30,310
2027	12,833		1,428		14,261
2028	3,290		1,428		4,718
Thereafter	4,357		5,712		10,069
Total lease payments	111,807		22,415		134,222
Less: Interest	10,039		3,284		13,323
Present value of lease liabilities	$	101,768	$	19,131	$	120,899

The following table summarizes the weighted average remaining lease term and discount rate for operating and finance leases:


	December 31, 2023		December 31, 2022
Weighted average remaining lease term (years):
Operating leases	3.8		4.6
Finance leases	6.0		6.6
Weighted average discount rate:
Operating leases	4.9	%	4.6	%
Finance leases	7.1	%	7.5	%

The following table summarizes the supplemental cash paid for amounts in the measurement of lease liabilities:


	December 31,
(In thousands)	2023		2022		2021
Operating cash flows from operating leases	$	37,121	$	39,857	$	40,000
Operating cash flows from finance leases	1,586		1,947		1,789
Financing cash flows from finance leases	4,222		3,576		3,800

Fair Value Measurement (Carrying Values and Fair Values of the Company's Financial Instruments) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Feb. 26, 2021	Feb. 08, 2021	Jul. 28, 2017	Mar. 30, 2016
5.00% Notes due April 2024 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	5.00%	5.00%	5.00%			5.00%
4.75% Notes due August 2025 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	4.75%	4.75%			4.75%
4.25% Notes due February 2029 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	4.25%	4.25%		4.25%
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	$ 2,361,749	$ 2,812,453
Carrying Amount \| Term Loan A Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	602,551	633,486
Carrying Amount \| 5.00% Notes due April 2024 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt		398,687
Carrying Amount \| 4.75% Notes due August 2025 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	771,013	794,171
Carrying Amount \| 4.25% Notes due February 2029 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	988,185	986,109
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	2,104,231	2,218,766
Estimated Fair Value \| Term Loan A Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	577,884	615,600
Estimated Fair Value \| 5.00% Notes due April 2024 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt		375,348
Estimated Fair Value \| 4.75% Notes due August 2025 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	745,677	607,000
Estimated Fair Value \| 4.25% Notes due February 2029 \| Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	$ 780,670	$ 620,818

Derivative Financial Instruments (Fair Value of Derivative Instruments Included in Balance Sheets) (Details) - Derivatives not designated as hedging instruments - Foreign currency derivatives - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Prepaid expenses and other current assets
Derivatives not designated as hedging instruments:
Foreign currency derivative assets	$ 378	$ 141
Other assets
Derivatives not designated as hedging instruments:
Foreign currency derivative assets	7,899	395
Accrued liabilities
Derivatives not designated as hedging instruments:
Foreign currency derivative liabilities	1,065	3,663
Current portion of program rights obligations
Derivatives not designated as hedging instruments:
Foreign currency derivative liabilities	8	82
Other liabilities
Derivatives not designated as hedging instruments:
Foreign currency derivative liabilities	$ 1,222	$ 5,220

Segment Information

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Segment Information

The Company classifies its operations into two operating segments: Domestic Operations and International and Other. These operating segments represent strategic business units that are managed separately.

The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating income ("AOI"). The Company defines AOI as operating income (loss) before depreciation and amortization, cloud computing amortization, share-based compensation expenses or benefit, impairment and other charges (including gains or losses on sales or dispositions of businesses), restructuring and other related charges and including the Company’s proportionate share of adjusted operating income (loss) from majority-owned equity method investees. The Company has presented the components that reconcile adjusted operating income to operating income, and other information as to the continuing operations of the Company's operating segments below.


(In thousands)	Year Ended December 31, 2023
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,340,207	$	220,854	$	—	$	1,561,061
Content licensing and other	342,557		101,799		(9,186)		435,170
Distribution and other	1,682,764		322,653		(9,186)		1,996,231
Advertising	633,823		81,823		—		715,646
Consolidated revenues, net	$	2,316,587	$	404,476	$	(9,186)	$	2,711,877
Operating income (loss)	$	583,542	$	(9,624)	$	(185,506)	$	388,412
Share-based compensation expenses	13,765		3,388		8,512		25,665
Depreciation and amortization	46,494		18,127		42,781		107,402
Impairment and other charges	51,966		44,723		—		96,689
Restructuring and other related charges	3,350		3,934		20,503		27,787
Cloud computing amortization	21		—		10,522		10,543
Majority-owned equity investees AOI	13,606		—		—		13,606
Adjusted operating income	$	712,744	$	60,548	$	(103,188)	$	670,104
Capital expenditures	$	2,535	$	4,298	$	28,374	$	35,207


(In thousands)	Year Ended December 31, 2022
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,395,026	$	223,515	$	—	$	1,618,541
Content licensing and other	491,870		135,406		(21,122)		606,154
Distribution and other	1,886,896		358,921		(21,122)		2,224,695
Advertising	788,246		83,604		—		871,850
Consolidated revenues, net	$	2,675,142	$	442,525	$	(21,122)	$	3,096,545
Operating income (loss)	$	286,517	$	3,031	$	(202,632)	$	86,916
Share-based compensation expenses	12,815		3,900		13,271		29,986
Depreciation and amortization	49,588		18,487		39,152		107,227
Impairment and other charges	—		40,717		—		40,717
Restructuring and other related charges	423,205		2,854		22,907		448,966
Cloud computing amortization	23		—		7,319		7,342
Majority-owned equity investees AOI	17,248		—		—		17,248
Adjusted operating income	$	789,396	$	68,989	$	(119,983)	$	738,402
Capital expenditures	$	4,572	$	6,039	$	33,661	$	44,272


(In thousands)	Year Ended December 31, 2021
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,318,732	$	249,844	$	—	$	1,568,576
Content licensing and other	416,898		155,805		(14,325)		558,378
Distribution and other	1,735,630		405,649		(14,325)		2,126,954
Advertising	844,986		105,668		—		950,654
Consolidated revenues, net	$	2,580,616	$	511,317	$	(14,325)	$	3,077,608
Operating income (loss)	$	617,875	$	37,167	$	(165,120)	$	489,922
Share-based compensation expenses	22,077		3,627		22,221		47,925
Depreciation and amortization	48,025		19,807		26,049		93,881
Impairment and other charges	143,000		16,610		—		159,610
Restructuring and other related charges	2,516		6,083		1,779		10,378
Cloud computing amortization	—		—		2,406		2,406
Majority-owned equity investees AOI	11,948		—		—		11,948
Adjusted operating income	$	845,441	$	83,294	$	(112,665)	$	816,070
Capital expenditures	$	9,635	$	6,009	$	26,928	$	42,572

Subscription revenues in the Domestic Operations segment include revenues related to the Company's streaming services of approximately $565.6 million, $501.9 million and $370.8 million for the years ended December 31, 2023, 2022 and 2021 respectively.

Corporate overhead costs not allocated to the segments include costs such as executive salaries and benefits and costs of maintaining corporate headquarters, facilities and common support functions.

Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments.


(In thousands)	Years Ended December 31,
	2023		2022		2021
Inter-segment revenues
Domestic Operations	$	(8,786)	$	(17,643)	$	(10,584)
International and Other	(400)		(3,479)		(3,741)
	$	(9,186)	$	(21,122)	$	(14,325)

One customer within the Domestic Operations segment accounted for approximately 13% and 10% of consolidated revenues, net for the years ended December 31, 2023 and 2022, respectively. For the year ended December 31, 2021, no customer accounted for more than 10% of consolidated revenues, net.

The table below summarizes revenue based on customer location:


	Years Ended December 31,
(In thousands)	2023		2022		2021
Revenue
United States	$	2,210,253	$	2,574,504	$	2,462,210
Europe	329,093		354,492		432,682
Other	172,531		167,549		182,716
	$	2,711,877	$	3,096,545	$	3,077,608

The table below summarizes property and equipment based on asset location:


	Years Ended December 31,
(In thousands)	2023		2022
Property and equipment, net
United States	$	146,314	$	187,833
Europe	11,850		12,520
Other	1,073		1,681
	$	159,237	$	202,034

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-15

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//280/tableOfContent

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-26

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-34

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-21

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-21

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

+ Details

Benefit Plans	12 Months Ended
Benefit Plans	Dec. 31, 2023
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans Certain employees of the Company participate in the AMC Networks 401(k) Savings Plan (the "401(k) Plan"), a qualified defined contribution plan, and the AMC Networks Excess Savings Plan (the "Excess Savings Plan"), a non-qualified deferred compensation plan. Under the 401(k) Plan, participating Company employees may contribute into their plan accounts a percentage of their eligible pay on a before-tax basis as well as a percentage of their eligible pay on an after-tax basis. The Company makes matching contributions on behalf of participating employees in accordance with the terms of the 401(k) Plan. In addition to the matching contribution, the Company may make a discretionary year-end contribution to employee 401(k) Plan and Excess Savings Plan accounts, subject to certain conditions. Total expense related to all benefit plans was $6.7 million, $4.3 million and $11.9 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company does not provide postretirement benefits for any of its employees.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480794/715-70-50-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480482/715-20-55-17

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//715/tableOfContent

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480126/715-20-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480266/715-60-50-3

+ Details

Segment Information (Summary of Inter-segment Eliminations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues, net	$ 2,711,877	$ 3,096,545	$ 3,077,608
Corporate / Inter-segment Eliminations
Segment Reporting Information [Line Items]
Revenues, net	(9,186)	(21,122)	(14,325)
Corporate / Inter-segment Eliminations \| Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	(8,786)	(17,643)	(10,584)
Corporate / Inter-segment Eliminations \| International and Other
Segment Reporting Information [Line Items]
Revenues, net	$ (400)	$ (3,479)	$ (3,741)

- Definition

+ References

+ Details

Equity and Long-Term Incentive Plans

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Equity and Long-Term Incentive Plans

On June 8, 2016, the Company's shareholders approved the AMC Networks Inc. 2016 Employee Stock Plan (the "2016 Employee Stock Plan") and the AMC Networks Inc. 2016 Executive Cash Incentive Plan (the "2016 Cash Incentive Plan"). On June 5, 2012, the Company's shareholders approved the AMC Networks Inc. 2011 Stock Plan for Non-Employee Directors (the "2011 Non-Employee Director Plan").

Equity Plans

On June 11, 2020, the Company adopted the Amended and Restated 2016 Employee Stock Plan (the "2016 Employee Stock Plan"). The 2016 Employee Stock Plan provides for the grants of incentive stock options, non-qualified stock options, stock appreciation rights, restricted shares, restricted stock units and other equity-based awards (collectively, "awards"). Under the 2016 Employee Stock Plan, the Company may grant awards for up to 12,000,000 shares of AMC Networks Class A Common Stock (subject to certain adjustments). Equity-based awards granted under the 2016 Employee Stock Plan must be granted with an exercise price of not less than the fair market value of a share of AMC Networks Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant. The terms and conditions of awards granted under the 2016 Employee Stock Plan, including vesting and exercisability, are determined by the Compensation Committee of the Board of Directors ("Compensation Committee") and may include terms or conditions based upon performance criteria.

Awards issued to employees under the 2016 Employee Stock Plan will settle in shares of the Company's Class A Common Stock (either from treasury or with newly issued shares), or, at the option of the Compensation Committee, in cash. As of December 31, 2023, there are 6,659,834 share awards available for future grant under the 2016 Employee Stock Plan.

On June 11, 2020, the Company adopted the Amended and Restated 2011 Stock Plan for Non-Employee Directors (the "2011 Non-Employee Director Plan"). Under the 2011 Non-Employee Director Plan, the Company is authorized to grant non-qualified stock options, restricted stock units, restricted shares, stock appreciation rights and other equity-based awards. The Company may grant awards for up to 665,000 shares of AMC Networks Class A Common Stock (subject to certain adjustments). Stock options under the 2011 Non-Employee Director Plan must be granted with an exercise price of not less than the fair market value of a share of AMC Networks Class A Common Stock on the date of grant and must expire no later than

10 years from the date of grant. The terms and conditions of awards granted under the 2011 Non-Employee Director Plan, including vesting and exercisability, are determined by the Compensation Committee. Unless otherwise provided in an applicable award agreement, stock options granted under this plan will be fully vested and exercisable, and restricted stock units granted under this plan will be fully vested, upon the date of grant and will settle in shares of the Company's Class A Common Stock (either from treasury or with newly issued shares), or, at the option of the Compensation Committee, in cash, on the first business day after ninety days from the date the director's service on the Board of Directors ceases or, if earlier, upon the director's death. As of December 31, 2023, there are 56,191 shares available for future grant under the 2011 Non-Employee Director Plan.

Restricted Stock Unit Activity

The following table summarizes activity relating to Company employees who held AMC Networks restricted stock units for the years ended December 31, 2023 and 2022:


	Number of Restricted Stock Units	Number of Performance Restricted Stock Units	Weighted Average Fair Value Per Stock Unit at Date of Grant
Unvested award balance, December 31, 2021	1,189,665	626,284	$	52.97
Granted	920,372	38,264	$	36.03
Released/Vested	(857,044)	(624,401)	$	49.74
Canceled/Forfeited	(221,269)	(3,162)	$	46.15
Unvested award balance, December 31, 2022	1,031,724	36,985	$	44.22
Granted	2,168,067	—	$	17.94
Released/Vested	(518,878)	(36,985)	$	42.14
Canceled/Forfeited	(267,866)	—	$	25.63
Unvested award balance, December 31, 2023	2,413,047	—	$	23.15

All restricted stock units granted during the periods presented vest ratably over a three year period.

The target number of Performance Restricted Stock Units ("PRSUs") granted represents the right to receive a corresponding number of shares, subject to adjustment based on the performance of the Company against target performance criteria for a three year period. The number of shares issuable at the end of the applicable measurement period ranges from 0% to 200% of the target PRSU award.

The following table summarizes activity relating to Non-employee Directors who held AMC Networks restricted stock units for the years ended December 31, 2023 and 2022:


	Number of Restricted Stock Units	Weighted Average Fair Value Per Stock Unit at Date of Grant
Vested award balance, December 31, 2021	262,655	$	51.19
Granted	47,398	$	28.10

Vested award balance, December 31, 2022	310,053	$	47.55
Granted	135,798	$	11.49
Released/Vested	(52,750)	$	48.38
Vested award balance, December 31, 2023	393,101	$	35.20

Share-based Compensation Expenses

The Company recorded share-based compensation expenses of $25.9 million (including $0.2 million recorded as part of Restructuring and other related charges), $37.7 million (including $7.7 million recorded as part of Restructuring and other related charges) and $47.9 million, reduced for forfeitures, for the years ended December 31, 2023, 2022 and 2021, respectively. Forfeitures are estimated based on historical experience. To the extent actual results of forfeitures differ from those estimates, such amounts are recorded as an adjustment in the period the estimates are revised.

Share-based compensation expenses are recognized in the consolidated statements of income as part of selling, general and administrative expenses. As of December 31, 2023, there was $30.3 million of total unrecognized share-based

compensation costs related to Company employees who held unvested AMC Networks restricted stock units. The unrecognized compensation cost is expected to be recognized over a weighted-average remaining period of approximately 2.1 years. There were no costs related to share-based compensation that were capitalized.

The Company receives income tax deductions related to restricted stock units, stock options or other equity awards granted to its employees by the Company.

Cash flows resulting from excess tax benefits and deficiencies are classified along with other income tax cash flows as an operating activity. Excess tax benefits are realized tax benefits from tax deductions for options exercised and restricted shares issued, in excess of the deferred tax asset attributable to stock compensation costs for such awards. Excess tax deficiencies are realized deficiencies from tax deductions being less than the deferred tax asset. Excess tax deficiencies/(benefits) of $2.6 million, $1.4 million and $(4.6) million were recorded for the years ended December 31, 2023, 2022 and 2021, respectively.

Long-Term Incentive Plans

Under the terms of the 2016 Cash Incentive Plan, the Company is authorized to grant a cash or equity based award to certain employees. The terms and conditions of such awards are determined by the Compensation Committee of the Company's Board of Directors, may include the achievement of certain performance criteria and may extend for a period not to exceed ten years. During 2023, 2022 and 2021, the Company granted long-term incentive cash awards.

Long-term incentive compensation plan expense is recognized in the consolidated statements of income as part of selling, general and administrative expenses. The Company recorded long-term incentive compensation expense of $11.5 million, $8.0 million and $22.5 million for the years ended December 31, 2023, 2022 and 2021, respectively.

Summary of Significant Accounting Policies (Narrative) (Details)	12 Months Ended
	Dec. 31, 2023 USD ($) customer vote shares	Dec. 31, 2022 USD ($) customer shares	Dec. 31, 2021 USD ($) shares
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Advertising costs	$ 241,500,000	$ 379,000,000	$ 383,000,000
Foreign currency transaction gains (losses)	$ 8,400,000	$ (1,200,000)	$ 12,200,000
Threshold period for write-off of capitalized development costs	3 years
Antidilutive securities excluded from EPS \| shares	500,000	800,000	400,000
Repurchase amount (up to)	$ 1,500,000,000
Available for repurchase under program	$ 135,300,000
Accounts Receivable \| Customer Concentration Risk
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Number of customers \| customer	1	2
Accounts Receivable \| Customer Concentration Risk \| Customer One
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Concentration risk, percentage	15.00%	14.00%
Accounts Receivable \| Customer Concentration Risk \| Customer Two
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Concentration risk, percentage		12.00%
Class A Common Stock
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Common stock, voting rights \| vote	1
Common stock, conversion ratio	1
Stockholders entitled election of Board of Directors	25.00%
Share repurchases \| shares	0	0
Class B Common Stock
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Common stock, voting rights \| vote	10
Common stock, conversion ratio	1
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Period of related affiliation arrangement (up to)	6 years
Prepaid expenses and other current assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income tax receivable, program rights	$ 230,300,000	$ 143,100,000
Other Noncurrent Assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Income tax receivable, program rights	$ 49,900,000	$ 104,500,000
2011 Non-Employee Director Plan \| Restricted stock units
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Vesting percentage	100.00%

Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

The following table details the components of accumulated other comprehensive loss:


(In thousands)	Year Ended December 31,
	2023		2022
Beginning Balance	$	(239,798)	$	(175,818)
Net current-period currency translation adjustment, before income taxes	7,042		(63,982)
Income tax (expense) benefit	(75)		2
Net current-period currency translation adjustment, net of income taxes	6,967		(63,980)

Ending Balance	$	(232,831)	$	(239,798)

Revenue Recognition

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue is recognized when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of the promised products or services is transferred to customers. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or services to a customer ("transaction price"). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction price utilizing the most likely amount to which the Company expects to be entitled. Variable consideration is included in the transaction price if, in the Company’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and determination of whether to include estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information that is reasonably available. Amounts collected on behalf of others (including taxes), where the Company is an agent, are excluded from revenue.

When determining the transaction price of a contract, an adjustment is made if payment from a customer occurs either significantly before or significantly after performance, resulting in a significant financing component. Applying a practical expedient in the guidance, the Company does not assess whether a significant financing component exists if the period between when the Company performs its obligations under the contract and when the customer pays is one year or less.

Contracts with customers may contain multiple performance obligations. For such arrangements, the transaction price is allocated to each performance obligation based on the estimated relative standalone selling prices of the promised products or services underlying each performance obligation. The Company determines standalone selling prices based on the price at which the performance obligation is sold separately. If the standalone selling price is not observable through past transactions, the Company estimates the standalone selling price considering available information such as market conditions and internal pricing guidelines related to the performance obligations.

The Company primarily earns revenue from (i) the distribution of its programming services, through distributors and directly to consumers, and licensing of its programming and other content, (ii) advertising, and (iii) other services. The Company’s revenue recognition policies summarizing the nature, amount, timing and uncertainty associated with each major source of revenue from contracts with customers are described below.

Distribution

The majority of the Company’s distribution revenues relate to sales-based and usage-based royalties which are recognized on the later of (i) when the subsequent sale or usage occurs and (ii) satisfaction or partial satisfaction of the performance obligation to which some or all of the sales-based or usage-based royalty has been allocated to. Occasionally, the Company incurs costs to obtain a distribution contract and these costs are amortized over the period of the related distribution contract as a reduction of revenue.

Subscription revenue: Subscription fees are earned from cable and other multichannel video programming distribution platforms, including direct broadcast satellite ("DBS"), platforms operated by telecommunications providers and virtual multichannel video programming distributors (collectively "distributors"), for the rights to use the Company's network programming under multi-year contracts, commonly referred to as "affiliation agreements." The Company's performance obligation under affiliation agreements is a license of functional intellectual property that is satisfied as the Company provides its programming over the term of the agreement. The transaction price is represented by subscription fees that are generally based upon (i) contractual rates applied to the number of the distributor's subscribers who receive or can receive our programming ("rate-per-subscriber"), or (ii) fixed contractual monthly fees ("fixed fee").

For rate-per-subscriber agreements, the Company applies the sales-based or usage-based royalty guidance, and accordingly, recognizes revenue in the period of the distributor’s usage, based on the subscription fee earned during the period.

Fixed fee affiliation agreements are generally billed in monthly installments, and such amounts may vary over the term of the contract. In cases where the invoice amount corresponds directly with the value to the affiliate of the performance to-date, the Company recognizes revenue based on the invoiced amount. In cases where changes in fees during the contract term do not correspond directly to the value of the performance to-date (for example, if the fees vary over the contract term due to a significant financing or credit risk component), the Company recognizes the total amount of fixed transaction price over the contract period using a time-based (e.g., straight-line) measure of progress.

Certain of the Company’s fixed fee affiliation agreements contain guaranteed minimum fees that are recoupable during the term of the agreement, and variable fees based on rates-per-subscriber after the guaranteed minimum is recouped. The Company recognizes revenue for the fixed consideration over the minimum guarantee period and recognizes variable fees only when cumulative consideration exceeds the minimum guarantee.

The Company's performance obligation in connection with its streaming services is a license of functional intellectual property that is satisfied as the Company provides its programming over the term of the agreement. Subscription fees for the Company's streaming services are typically based on a per subscriber fee and are generally paid by distributors and consumers on a monthly basis. The Company applies the sales-based or usage-based royalty guidance, and accordingly, recognizes revenue in the period of usage, based on the subscription fee earned during the period.

Content licensing revenue: The Company licenses its original programming content to certain distributors, including under streaming and electronic sell-through ("EST") arrangements. For streaming licensing arrangements, our performance obligation is a license to functional intellectual property that provides the distributor the right to use our programming as it exists at a point in time. The satisfaction of the Company’s performance obligation, and related recognition of revenue, occurs at the later of the beginning of the license period, or when we provide the programming to the distributor. The Company’s performance obligation in a content license arrangement pertains to each distinct unit of content, which is generally each season of an episodic series or a film. The Company typically delivers all episodes of a season for a series concurrently and the licensee’s rights to exploit the content is the same across all of the episodes. The Company adjusts the transaction price for the time value of money in cases where license fees are paid over several years. A contract asset is recognized for the difference between the revenue recognized and the amount we are permitted to invoice.

For EST license fee arrangements, the Company applies the sales-based or usage-based royalty guidance and recognizes revenue in the period of end-customer purchases, based on the fees earned during the period.

The Company also licenses trademarks, logos, brands, derivative character copyrights, etc. under multi-year arrangements. Under these arrangements, the Company may receive a non-refundable minimum guarantee that is recoupable against a volume-based royalty throughout the term of the agreement. The performance obligation is a license of symbolic intellectual property that provides the customer with a right to access the intellectual property. The Company adjusts the transaction price for the time value of money in cases where license fees are paid over several years. The Company recognizes revenue for the minimum guarantee on a straight-line basis over the term of the agreement, and recognizes variable fees only when cumulative consideration exceeds the minimum guarantee.

The Company’s payment terms vary by the type and location of customer. Generally, payment terms mirror the term of the license agreement and may be in excess of one-year after satisfaction of the performance obligation.

Advertising

The Company generates revenues from the sale of advertising time on its networks. In such arrangements, the Company generally promises to air a certain number of commercials (spots) and to generate guaranteed viewer ratings for an audience demographic (impressions) over a period that generally does not exceed one year. The promise to deliver impressions by airing spots represents the Company’s performance obligation. Advertising revenues are recognized as commercials are aired, to the extent that guaranteed viewer ratings are achieved. A contract liability is recognized to the extent the guaranteed viewer ratings are not met, and is subsequently recognized as revenue either when the Company provides the required additional advertising or the guarantee obligation contractually expires. Generally, payment terms are 30 days after revenue is earned.

Other

The Company earns revenue from production and transmission services. Such services are recognized as revenue as the services are performed.

Transaction Price Allocated to Future Performance Obligations

The guidance requires disclosure of the aggregate amount of transaction price that is allocated to performance obligations that have not yet been satisfied as of December 31, 2023. However, the guidance does not apply to sales-based or usage-based royalty arrangements and also provides certain practical expedients that allow companies to omit this disclosure requirement for (i) contracts with an original expected length of one year or less, (ii) contracts for which revenue is recognized at the amount to which the Company has the right to invoice for services performed and (iii) variable consideration related to a wholly unsatisfied performance obligation.

As of December 31, 2023, other than contracts for which the Company has applied the practical expedients, the aggregate amount of transaction price allocated to remaining performance obligations was not material to our consolidated revenues.

Contract Balances from Contracts with Customers

The timing of revenue recognition, billings and cash collections results in billed receivables, contract assets and contract liabilities in the consolidated balance sheet.

For certain types of contracts with customers, the Company may recognize revenue in advance of the contractual right to invoice the customer, resulting in an amount recorded to contract assets. Once the Company has an unconditional right to consideration under a contract, the contract assets are reclassified to account receivables.

When consideration is received, or such consideration is unconditionally due, from a customer prior to transferring goods or services to the customer under the terms of a contract, a contract liability is recorded. Contract liabilities are recognized as revenue when, or as, control of the products or services is transferred to the customer and all revenue recognition criteria have been met. The primary source of the Company’s contract liabilities relates to advertising sales arrangements where the guaranteed viewer ratings are not met and content licensing arrangements, including payments received in connection with an AMC Studios produced series for a third party in 2022. In certain content licensing arrangements, payment may be received in advance of a distributor's ability to exhibit a program. Such payments are recorded as a contract liability and subsequently recognized when the program becomes available for exhibition.

The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers.


(In thousands)	December 31, 2023		December 31, 2022
Balances from contracts with customers:
Accounts receivable (including long-term receivables, within Other assets)	$	750,390	$	1,003,505
Contract assets, short-term (included in Prepaid expenses and other current assets)	2,364		48,594

Contract liabilities, short-term (Deferred revenue)	65,736		134,883
Contract liabilities, long-term (Deferred revenue included in Other liabilities)	74		683

Revenue recognized for the years ended December 31, 2023, 2022, and 2021, relating to the contract liabilities at the beginning of the respective periods was $111.4 million, $185.6 million, and $61.2 million, respectively.

In October 2023, the Company entered into an agreement enabling it to sell certain customer receivables to a financial institution on a recurring basis for cash. Any transferred receivables are fully guaranteed by a bankruptcy-remote entity and the financial institution that purchases the receivables has no recourse to the Company's other assets in the event of non-payment by the customers. The Company can sell an indefinite amount of customer receivables under the agreement on a revolving basis, but the outstanding balance of unpaid customer receivables to the financial institution cannot exceed the initial program limit of $125.0 million at any given time. As of December 31, 2023, the Company had not yet sold any customer receivables under this agreement.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-15

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-12

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-13

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org//606/tableOfContent

+ Details

Cover Page - USD ($) $ in Millions	12 Months Ended
Cover Page - USD ($) $ in Millions	Dec. 31, 2023	Feb. 02, 2024	Jun. 30, 2023
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	1-35106
Entity Registrant Name	AMC Networks Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-5403694
Entity Address, Address Line One	11 Penn Plaza
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	324-8500
Title of 12(b) Security	Class A Common Stock, par value $0.01 per share
Trading Symbol	AMCX
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 372
Documents Incorporated by Reference	Certain information required in Item 10 through Item 14 of Part III of this Annual Report on Form 10-K is incorporated herein by reference to the Registrant's definitive Proxy Statement for its 2024 Annual Meeting of Stockholders, which shall be filed with the Securities and Exchange Commission pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended, within 120 days of the Registrant's fiscal year end.
Entity Central Index Key	0001514991
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false
Class A Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		32,077,134
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		11,484,408

Restructuring and Other Related Charges (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges		$ 27,787	$ 448,966	$ 10,378
Impairment of leasehold improvements	$ 2,500
Accrued restructuring and other related costs		13,734	111,874	340
Accrued liabilities
Restructuring Cost and Reserve [Line Items]
Accrued restructuring and other related costs		12,100	108,000
Other liabilities
Restructuring Cost and Reserve [Line Items]
Accrued restructuring and other related costs		1,600	3,900
2022 Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges		27,800	449,000
Restructuring and other related impairment charges	11,600
Operating lease impairment charge	9,100
Impairment of leasehold improvements	$ 2,500
Content Impairments \| 2022 Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges			403,800
Severance and Employee-Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges		17,510	45,212
Accrued restructuring and other related costs		$ 8,726	37,150	311
Severance and Employee-Related Costs \| 2022 Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges			$ 45,200
Severance and Employee-Related Costs \| November 2020 Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges				4,300
Severance and Employee-Related Costs \| AMCNI Reporting Unit
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges				$ 6,100

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income including noncontrolling interests	$ 201,400	$ 11,028	$ 279,839
Other comprehensive income (loss):
Foreign currency translation adjustment	8,248	(66,630)	(43,783)
Unrealized gain on interest rate swaps	0	0	2,403
Other comprehensive income (loss), before income taxes	8,248	(66,630)	(41,380)
Income tax (expense) benefit	(75)	2	(577)
Other comprehensive income (loss), net of income taxes	8,173	(66,628)	(41,957)
Comprehensive income (loss)	209,573	(55,600)	237,882
Comprehensive (income) loss attributable to noncontrolling interests	12,858	(786)	(28,154)
Comprehensive income (loss) attributable to AMC Networks' stockholders	$ 222,431	$ (56,386)	$ 209,728

Redeemable Noncontrolling Interests (Activity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 253,669	$ 283,849	$ 315,649
Net earnings (losses)	(1,779)	(3,274)	17,230
Distributions	(66,593)	(27,435)	(22,430)
Distribution related to spin-off transaction			(8,233)
Transfer to noncontrolling interest			(18,367)
Other		529
Ending balance	$ 185,297	$ 253,669	$ 283,849

Equity and Long-Term Incentive Plans (Schedule of Restricted Stock Unit Activity) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Restricted stock units \| 2011 Non-Employee Director Plan
Number of Restricted and Performance Restricted Stock Units
Granted (in shares)	135,798	47,398
Released/Vested (in shares)	(52,750)
Weighted Average Fair Value Per Stock Unit at Date of Grant
Granted (in dollars per share)	$ 11.49	$ 28.10
Released/Vested (in dollars per share)	$ 48.38
Number of Restricted Stock Units
Vested award beginning balance (in shares)	310,053	262,655
Granted (in shares)	135,798	47,398
Released/Vested (in shares)	(52,750)
Vested award ending balance (in shares)	393,101	310,053
Weighted Average Fair Value Per Stock Unit at Date of Grant
Vested award beginning balance (in dollars per share)	$ 47.55	$ 51.19
Granted (in dollars per share)	11.49	28.10
Released/Vested (in dollars per share)	48.38
Vested award ending balance (in dollars per share)	$ 35.20	$ 47.55
Restricted stock units \| Parent Company
Number of Restricted and Performance Restricted Stock Units
Unvested award, beginning balance (in shares)	1,031,724	1,189,665
Granted (in shares)	2,168,067	920,372
Released/Vested (in shares)	(518,878)	(857,044)
Canceled/Forfeited (in shares)	(267,866)	(221,269)
Unvested award, ending balance (in shares)	2,413,047	1,031,724
Number of Restricted Stock Units
Granted (in shares)	2,168,067	920,372
Released/Vested (in shares)	(518,878)	(857,044)
Performance Stock Units \| Parent Company
Number of Restricted and Performance Restricted Stock Units
Unvested award, beginning balance (in shares)	36,985	626,284
Granted (in shares)	0	38,264
Released/Vested (in shares)	(36,985)	(624,401)
Canceled/Forfeited (in shares)	0	(3,162)
Unvested award, ending balance (in shares)	0	36,985
Number of Restricted Stock Units
Granted (in shares)	0	38,264
Released/Vested (in shares)	(36,985)	(624,401)
Restricted Stock Units And Performance Shares \| Parent Company
Weighted Average Fair Value Per Stock Unit at Date of Grant
Unvested award beginning balance (in dollars per share)	$ 44.22	$ 52.97
Granted (in dollars per share)	17.94	36.03
Released/Vested (in dollars per share)	42.14	49.74
Canceled/Forfeited (in dollars per share)	25.63	46.15
Unvested award ending balance (in dollars per share)	23.15	44.22
Weighted Average Fair Value Per Stock Unit at Date of Grant
Granted (in dollars per share)	17.94	36.03
Released/Vested (in dollars per share)	$ 42.14	$ 49.74

Long-term Debt (Summary of Long-Term Debt) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Feb. 26, 2021	Feb. 08, 2021	Jul. 28, 2017	Mar. 30, 2016
Debt Instrument [Line Items]
Long-term debt	$ 2,382,229	$ 2,841,250
Unamortized discount	(13,873)	(18,718)
Unamortized deferred financing costs	(6,607)	(10,079)
Long-term debt, net	2,361,749	2,812,453
Current portion of long-term debt	67,500	33,750
Noncurrent portion of long-term debt	$ 2,294,249	$ 2,778,703
Senior Notes \| 5.00% Notes due April 2024
Debt Instrument [Line Items]
Interest rate	5.00%	5.00%	5.00%			5.00%
Long-term debt	$ 0	$ 400,000
Unamortized discount						$ (17,500)
Senior Notes \| 4.75% Notes due August 2025
Debt Instrument [Line Items]
Interest rate	4.75%	4.75%			4.75%
Long-term debt	$ 774,729	$ 800,000
Senior Notes \| 4.25% Notes due February 2029
Debt Instrument [Line Items]
Interest rate	4.25%	4.25%		4.25%
Long-term debt	$ 1,000,000	$ 1,000,000
Secured Debt \| Term Loan A Facility
Debt Instrument [Line Items]
Long-term debt	$ 607,500	$ 641,250

Long-term Debt (Schedule of Debt Maturities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Disclosure [Abstract]
2024	$ 67,500
2025	842,229
2026	472,500
2027	0
2028	0
Thereafter	1,000,000
Long-term debt	$ 2,382,229	$ 2,841,250

Impairment and Other Charges	12 Months Ended
Impairment and Other Charges	Dec. 31, 2023
Supplemental Income Statement Elements [Abstract]
Impairment and Other Charges	Impairment and Other Charges Impairment and other charges of $96.7 million for the year ended December 31, 2023 primarily consisted of $21.7 million of goodwill and $65.4 million of long-lived assets impairment charges for partially owned consolidated subsidiaries, 25/7 Media and BBCA. In June 2023, given the impact of market challenges at 25/7 Media, specifically relating to reduced demand for new content and series cancellations from third parties, the Company revised its outlook for the 25/7 Media business, resulting in lower expected future cash flows. As a result, the Company determined that sufficient indicators of potential impairment of long-lived assets and goodwill existed at 25/7 Media. The Company performed a recoverability test and determined that the carrying amount of the 25/7 Media asset group was not recoverable. The carrying value of the asset group exceeded its fair value, therefore an impairment charge of $24.9 million was recorded ($23.0 million for identifiable intangible assets and $1.9 million for goodwill), which is included in Impairment and other charges in the consolidated statement of income within the International and Other operating segment. In December 2023, in connection with the preparation of our fourth quarter financial information, the Company performed its annual goodwill impairment test and concluded that the estimated fair value of the 25/7 Media reporting unit further declined from the interim assessment performed. The decrease in the estimated fair value reflected the continued decline in market conditions and business outlook and contemplation of concurrent negotiations with the noncontrolling interest holders for the sale of the Company's remaining interest. As a result, the Company recognized an impairment charge of $19.8 million, reflecting a write-down of substantially all of the goodwill associated with the 25/7 Media reporting unit. The remaining $2.4 million of goodwill was eliminated upon the sale of Company's remaining interest. During the fourth quarter of 2023, given continued market challenges and linear declines, the Company revised its outlook for its BBCA linear programming network, resulting in lower expected future cash flows. As a result, the Company determined that sufficient indicators of potential impairment of long-lived assets existed at BBCA. The Company performed a recoverability test and determined that the carrying amount of the BBCA asset group was not recoverable. The carrying value of the asset group exceeded its fair value, therefore an impairment charge of $42.4 million was recorded for identifiable intangible assets and other long-lived assets, which is included in Impairment and other charges in the consolidated statement of income within the Domestic Operations operating segment. Impairment and other charges of $40.7 million for the year ended December 31, 2022 related to goodwill impairment charges at AMCNI. In December 2022, in connection with the preparation of its fourth quarter financial information, the Company performed its annual goodwill impairment test and concluded that the estimated fair value of the AMCNI reporting unit declined to less than its carrying amount. The decrease in the estimated fair value was in response to current and expected trends across the international television broadcasting markets, as well as a decrease in the valuation multiples used to estimate the fair value using the market approach. As a result, the Company recognized an impairment charge of $40.7 million, reflecting a partial write-down of the goodwill associated with the AMCNI reporting unit. Impairment and other charges of $159.6 million for the year ended December 31, 2021 related to a $143.0 million litigation settlement and the $16.6 million loss on disposal in connection with a divestiture. On July 16, 2021, the Company entered into a settlement agreement (the “Settlement Agreement”) with Frank Darabont, Ferenc, Inc., Darkwoods Productions, Inc., and Creative Artists Agency, LLC (together, the "Plaintiffs") in actions brought in connection with Frank Darabont’s rendering services as a writer, director and producer of the television series entitled The Walking Dead. The consolidated cases were initially brought in 2013 and 2018 and the trial of the consolidated cases was scheduled to commence on April 4, 2022. The Settlement Agreement provided for a cash payment of $200 million (the “Settlement Payment”) to the Plaintiffs and future revenue sharing related to certain future streaming exhibition of The Walking Dead and Fear The Walking Dead. With regard to the Settlement Payment, the Company recorded a charge of $143.0 million during the second quarter of 2021, included in Impairment and other charges, in consideration for the extinguishment of Plaintiffs’ rights to any compensation in connection with The Walking Dead and any related programs and the dismissal of the actions with prejudice, which amount is net of $57.0 million of ordinary course accrued participations. In March 2021, the Company completed a spin-off of the live comedy venue and talent management businesses ("LiveCo") of Levity Entertainment Group, LLC. In connection with the transaction, the Company effectively exchanged all of its rights and interests in LiveCo for the release of the Company's obligations, principally related to leases. As a result of this divestiture, the Company recognized a loss on the disposal of $16.6 million reflecting the net assets transferred (consisting of property and equipment, lease right-of-use assets and intangibles, partially offset by lease and other obligations), which is included in Impairment and other charges. The Company retained its interest in the production services business of Levity Entertainment Group, LLC, which was renamed 25/7 Media Holdings, LLC following the spin-off.

Program Rights and Obligations (Amortization of Owned and Licensed Program Rights) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Owned original program rights
Predominantly Monetized Individually	$ 154,523
Predominantly Monetized as a Group	282,954
Total	437,477
Licensed program rights
Predominantly Monetized Individually	3,162
Predominantly Monetized as a Group	465,519
Total	468,681
Predominantly Monetized Individually	157,685
Predominantly Monetized as a Group	748,473
Total	$ 906,158
Included in Technical and operating:
Owned original program rights
Predominantly Monetized Individually		$ 279,910
Predominantly Monetized as a Group		182,695
Total		462,605
Licensed program rights
Predominantly Monetized Individually		37,935
Predominantly Monetized as a Group		507,930
Total		545,865
Predominantly Monetized Individually		317,845
Predominantly Monetized as a Group		690,625
Total		$ 1,008,470
Film, Monetized in Film Group, Amortization Expense, Statement of Income or Comprehensive Income [Extensible Enumeration]		Technical and operating (excluding depreciation and amortization)
Film, Monetized on Its Own, Amortization Expense, Statement of Income or Comprehensive Income [Extensible Enumeration]		Technical and operating (excluding depreciation and amortization)
Included in Restructuring and other related charges:
Owned original program rights
Predominantly Monetized Individually		$ 192,749
Predominantly Monetized as a Group		24,914
Total		217,663
Licensed program rights
Predominantly Monetized Individually		110,830
Predominantly Monetized as a Group		75,261
Total		186,091
Predominantly Monetized Individually		303,579
Predominantly Monetized as a Group		100,175
Total		$ 403,754
Film, Monetized in Film Group, Amortization Expense, Statement of Income or Comprehensive Income [Extensible Enumeration]		Restructuring and other related charges
Film, Monetized on Its Own, Amortization Expense, Statement of Income or Comprehensive Income [Extensible Enumeration]		Restructuring and other related charges

Leases (Summary of Lease Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease costs	$ 26,681	$ 27,186	$ 28,189
Finance lease costs:
Amortization of leased assets	1,098	1,098	2,105
Interest on lease liabilities	1,714	1,894	2,346
Short term lease costs	111	248	206
Variable lease costs	2,315	1,468	854
Total net lease costs	$ 31,919	$ 31,894	$ 33,700

Restructuring and Other Related Charges (Summary of Accrued Restructuring and Other Related Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restructuring Reserve [Roll Forward]
Accrued restructuring costs, beginning balance	$ 111,874	$ 340
Restructuring and other related charges	27,787	448,966	$ 10,378
Cash payments	(112,550)	(324)
Non-cash adjustments	(15,147)	(336,744)
Other	1,770	(364)
Accrued restructuring costs, ending balance	13,734	111,874	340
Severance and Employee-Related Costs
Restructuring Reserve [Roll Forward]
Accrued restructuring costs, beginning balance	37,150	311
Restructuring and other related charges	17,510	45,212
Cash payments	(45,878)	(311)
Non-cash adjustments	0	(7,698)
Other	(56)	(364)
Accrued restructuring costs, ending balance	8,726	37,150	311
Content Impairments and Other Exit Costs
Restructuring Reserve [Roll Forward]
Accrued restructuring costs, beginning balance	74,724	29
Restructuring and other related charges	10,277	403,754
Cash payments	(66,672)	(13)
Non-cash adjustments	(15,147)	(329,046)
Other	1,826	0
Accrued restructuring costs, ending balance	$ 5,008	$ 74,724	$ 29

Program Rights and Obligations (Program Rights by Predominant Monetization Strategy) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Predominantly Monetized Individually
Completed	$ 139,363	$ 215,496
In-production and in-development	0	45,098
Total owned original program rights, net	139,363	260,594
Licensed film and acquired series	973	3,092
Licensed originals	1,555	5,373
Advances and other production costs	0	0
Total licensed program rights, net	2,528	8,465
Program rights, net	141,891	269,059
Predominantly Monetized as a Group
Completed	532,839	322,248
In-production and in-development	284,455	294,086
Total owned original program rights, net	817,294	616,334
Licensed film and acquired series	599,607	642,768
Licensed originals	169,489	171,418
Advances and other production costs	82,252	74,167
Total licensed program rights, net	851,348	888,353
Program rights, net	1,668,642	1,504,687
Total
Completed	672,202	537,744
In-production and in-development	284,455	339,184
Total owned original program rights, net	956,657	876,928
Licensed film and acquired series	600,580	645,860
Licensed originals	171,044	176,791
Advances and other production costs	82,252	74,167
Total licensed program rights, net	853,876	896,818
Program rights, net	1,810,533	1,773,746
Current portion of program rights, net	7,880	10,807
Program rights, net (long-term)	$ 1,802,653	$ 1,762,939

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Accounts receivable, trade, allowance for doubtful accounts	$ 9,488	$ 8,725
Property and equipment, accumulated depreciation	$ 403,708	$ 344,906
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	45,000,000	45,000,000
Preferred stock, shares issued (in shares)	0	0
Class A Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	360,000,000	360,000,000
Common stock, shares, issued (in shares)	66,670,000	66,118,000
Common stock, shares, outstanding (in shares)	32,077,000	31,525,000
Treasury stock (in shares)	34,593,000	34,593,000
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	90,000,000	90,000,000
Common stock, shares, issued (in shares)	11,484,000	11,484,000
Common stock, shares, outstanding (in shares)	11,484,000	11,484,000

Impairment and Other Charges (Details) - USD ($)		1 Months Ended				3 Months Ended		12 Months Ended
Impairment and Other Charges (Details) - USD ($)	Jul. 16, 2021	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022	Mar. 31, 2021	Dec. 31, 2023	Jun. 30, 2021	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Impairment and other charges								$ 96,689,000	$ 40,717,000	$ 159,610,000
Impairment charge related to goodwill		$ 19,800,000	$ 1,900,000	$ 40,700,000				21,718,000	40,717,000
Impairment charges for long-lived assets								65,400,000
Goodwill and intangible asset impairment			24,900,000
Identifiable intangible assets			$ 23,000,000
Remaining goodwill eliminated upon sale of interest		$ 2,400,000						$ 2,407,000
Impairment of identifiable intangible assets									0	$ 0
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]								Impairment and other charges
Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]					Impairment and other charges
Domestic Operations
Finite-Lived Intangible Assets [Line Items]
Impairment charge related to goodwill								$ 0	$ 0
Remaining goodwill eliminated upon sale of interest								$ 0
Impairment of identifiable intangible assets						$ 42,400,000
Spinoff
Finite-Lived Intangible Assets [Line Items]
Loss on disposal					$ 16,600,000
Plaintiffs
Finite-Lived Intangible Assets [Line Items]
Litigation settlement, expense							$ 143,000,000
Loss contingency, damages awarded, value	$ 200,000,000
Loss contingency accrual	$ 57,000,000

Income Taxes (Schedule of Components of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current expense (benefit):
Federal	$ 9,260	$ (6,310)	$ 19,751
State	12,624	2,141	10,360
Foreign	23,517	18,933	25,990
Current expense (benefit)	45,401	14,764	56,101
Deferred expense (benefit):
Federal	46,831	(43,707)	24,923
State	1,034	(3,633)	2,715
Foreign	1,871	(3,349)	6,372
Deferred expense (benefit)	49,736	(50,689)	34,010
Tax expense (benefit) relating to uncertain tax positions, including accrued interest	(531)	(5,055)	4,282
Income tax expense (benefit)	$ 94,606	$ (40,980)	$ 94,393

Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 6,650
Increases related to current year tax positions	692
Increases related to prior year tax positions	91
Decreases related to prior year tax positions	(243)
Decreases due to settlements/payments	(1,158)
Decreases due to lapse of statute of limitations	(349)
Ending balance	$ 5,683

Derivative Financial Instruments

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Foreign Currency Exchange Rate Risk

We are exposed to foreign currency risk to the extent that we enter into transactions denominated in currencies other than one of our subsidiaries' respective functional currencies (non-functional currency risk), such as affiliation agreements, programming contracts, certain trade receivables and accounts payable (including intercompany amounts) that are denominated in a currency other than the applicable functional currency.

To manage foreign currency exchange rate risk, the Company may enter into foreign currency contracts from time to time with financial institutions to limit the exposure to fluctuations in foreign currency exchange rates. The Company does not enter into foreign currency contracts for speculative or trading purposes.

In certain circumstances, the Company enters into contracts that are settled in currencies other than the functional or local currencies of the contracting parties. Accordingly, these contracts consist of the underlying operational contract and an

embedded foreign currency derivative element. Hedge accounting is not applied to the embedded foreign currency derivative element and changes in their fair values are included in miscellaneous, net in the consolidated statement of income.

The fair values of the Company's derivative financial instruments included in the consolidated balance sheets are as follows:


(In thousands)		December 31,
	Balance Sheet Location	2023		2022



Derivatives not designated as hedging instruments:
Assets:
Foreign currency derivatives	Prepaid expenses and other current assets	$	378	$	141
Foreign currency derivatives	Other assets	7,899		395


Liabilities:
Foreign currency derivatives	Accrued liabilities	$	1,065	$	3,663
Foreign currency derivatives	Current portion of program rights obligations	8		82
Foreign currency derivatives	Other liabilities	1,222		5,220

The amount of gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows:


(In thousands)	Location of Gain (Loss) Recognized in Earnings on Derivatives	Amount of Gain (Loss) Recognized in Earnings on Derivatives
		Years Ended December 31,
		2023		2022		2021


Foreign currency derivatives	Miscellaneous, net	$	11,711	$	(4,887)	$	(2,678)

Program Rights and Obligations (Tables)

12 Months Ended

Dec. 31, 2023

Film, Disclosures [Abstract]

Schedule of Program Rights by Predominant Monetization Strategy

Total capitalized produced and licensed content by predominant monetization strategy is as follows:


	December 31, 2023
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	139,363	$	532,839	$	672,202
In-production and in-development	—		284,455		284,455
Total owned original program rights, net	$	139,363	$	817,294	$	956,657

Licensed program rights, net:
Licensed film and acquired series	$	973	$	599,607	$	600,580
Licensed originals	1,555		169,489		171,044
Advances and other production costs	—		82,252		82,252
Total licensed program rights, net	2,528		851,348		853,876
Program rights, net	$	141,891	$	1,668,642	$	1,810,533

Current portion of program rights, net					$	7,880
Program rights, net (long-term)					1,802,653
					$	1,810,533


	December 31, 2022
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	215,496	$	322,248	$	537,744
In-production and in-development	45,098		294,086		339,184
Total owned original program rights, net	$	260,594	$	616,334	$	876,928

Licensed program rights, net:
Licensed film and acquired series	$	3,092	$	642,768	$	645,860
Licensed originals	5,373		171,418		176,791
Advances and other production costs	—		74,167		74,167
Total licensed program rights, net	8,465		888,353		896,818
Program rights, net	$	269,059	$	1,504,687	$	1,773,746

Current portion of program rights, net					$	10,807
Program rights, net (long-term)					1,762,939
					$	1,773,746

Schedule of Amortization of Owned and Licensed Program Rights

Amortization, including write-offs, of owned and licensed program rights is as follows:


	Year Ended December 31, 2023
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total

Owned original program rights	$	154,523	$	282,954	$	437,477
Licensed program rights	3,162		465,519		468,681
Program rights amortization	$	157,685	$	748,473	$	906,158


	Year Ended December 31, 2022
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total

Included in Technical and operating:
Owned original program rights	$	279,910	$	182,695	$	462,605
Licensed program rights	37,935		507,930		545,865
	$	317,845	$	690,625	$	1,008,470
Included in Restructuring and other related charges:
Owned original program rights	$	192,749	$	24,914	$	217,663
Licensed program rights	110,830		75,261		186,091
	$	303,579	$	100,175	$	403,754

Schedule of Expected Amortization of Owned and Licensed Program Rights

The following table presents the expected amortization over each of the next three years of completed program rights on the consolidated balance sheet as of December 31, 2023:


(In thousands)	2024		2025		2026
Owned original program rights:
Predominantly Monetized Individually	$	56,381	$	40,358	$	19,152
Predominantly Monetized as a Group	212,874		177,484		100,634

Licensed program rights:
Predominantly Monetized Individually	$	2,064	$	313	$	128
Predominantly Monetized as a Group	409,805		225,101		101,837

Schedule of Amounts Payable for Program Rights Obligations

Amounts payable subsequent to December 31, 2023 related to program rights obligations included in the consolidated balance sheet are as follows:


(In thousands)
Years Ending December 31,
2024	$	301,221
2025	98,536
2026	33,373
2027	15,039
2028	3,268
Thereafter	727
	$	452,164

Goodwill and Other Intangible Assets (Schedule of Finite and Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross	$ 756,194	$ 785,620
Accumulated Amortization	(507,536)	(450,844)
Net	248,658	334,776
Trademarks	19,900	19,900
Total intangible assets, gross	776,094	805,520
Total intangible assets, net	268,558	354,676
Affiliate and customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross	618,778	634,000
Accumulated Amortization	(421,968)	(373,240)
Net	$ 196,810	260,760
Affiliate and customer relationships \| Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	6 years
Affiliate and customer relationships \| Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	25 years
Advertiser relationships
Finite-Lived Intangible Assets [Line Items]
Gross	$ 46,282	46,282
Accumulated Amortization	(42,806)	(34,443)
Net	$ 3,476	11,839
Estimated useful lives (in years)	11 years
Trade names and other amortizable intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross	$ 91,134	105,338
Accumulated Amortization	(42,762)	(43,161)
Net	$ 48,372	$ 62,177
Trade names and other amortizable intangible assets \| Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	3 years
Trade names and other amortizable intangible assets \| Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	20 years

Cash Flows

12 Months Ended

Dec. 31, 2023

Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]

Cash Flows

The following table details the Company's non-cash investing and financing activities and other supplemental data:


(In thousands)	Years Ended December 31,
	2023		2022		2021
Non-Cash Investing and Financing Activities:

Operating lease additions	$	7,647	$	11,885	$	28,522


Capital expenditures incurred but not yet paid	974		8,298		8,826

Supplemental Data:
Cash interest paid	149,535		125,060		114,528
Income taxes paid, net	63,020		50,490		59,850

Equity and Long-Term Incentive Plans (Narrative) (Details) - USD ($)		12 Months Ended
	Jun. 11, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, noncash expense including restructuring and other related charges		$ 25,900,000	$ 37,700,000	$ 47,900,000
Share-based compensation expense, related to restructuring and other related charges		200,000	7,700,000
Total unrecognized share-based compensation costs		$ 30,300,000
Weighted-average remaining period		2 years 1 month 6 days
Share-based payment arrangement, amount capitalized		$ 0
Excess tax deficiencies (benefits)		2,600,000	1,400,000	(4,600,000)
Expense related to long-term incentive awards outstanding		$ 11,500,000	$ 8,000,000	$ 22,500,000
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
2016 Employee Stock Plan \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
2016 Employee Stock Plan \| Maximum \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		200.00%
2016 Employee Stock Plan \| Minimum \| Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		0.00%
2011 Non-Employee Director Plan \| Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		100.00%
Long-Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period		10 years
Class A Common Stock \| 2016 Employee Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grant	12,000,000
Number of share awards available for future grant		6,659,834
Class A Common Stock \| 2016 Employee Stock Plan \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Class A Common Stock \| 2011 Non-Employee Director Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grant	665,000
Number of share awards available for future grant		56,191
Class A Common Stock \| 2011 Non-Employee Director Plan \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years

Cash Flows (Tables)

12 Months Ended

Dec. 31, 2023

Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]

Summary Of Non-Cash Activities And Other Supplemental Data

The following table details the Company's non-cash investing and financing activities and other supplemental data:


(In thousands)	Years Ended December 31,
	2023		2022		2021
Non-Cash Investing and Financing Activities:

Operating lease additions	$	7,647	$	11,885	$	28,522


Capital expenditures incurred but not yet paid	974		8,298		8,826

Supplemental Data:
Cash interest paid	149,535		125,060		114,528
Income taxes paid, net	63,020		50,490		59,850

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Operating Loss Carryforwards [Line Items]
Federal and state net operating loss carryforward	$ 20,000
Purchase accounting adjustments		$ (2,834)
NOLs and tax credit carry-forwards	100,137	101,793
Valuation allowance reduction	25,200
Second component of tax deductible goodwill, net of tax	400
Liability for uncertain tax positions	5,700
Accrued interest liability	1,800
Deferred tax asset, uncertain tax position	1,600
Interest benefit (net of related deferred tax)	200
Foreign earnings repatriated	244,900
Cash and cash equivalents	570,576	$ 930,002
Foreign subsidiaries	141,900
Foreign earnings expected to be repatriated	20,000
Investment Tax Credit Carryforward
Operating Loss Carryforwards [Line Items]
Tax credit carryforward	80,000
Tax credit carryforward, valuation allowance	19,200
Foreign Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, valuation allowance	34,700
NOLs and tax credit carry-forwards	34,800
Foreign Tax Authority \| Investment Tax Credit Carryforward
Operating Loss Carryforwards [Line Items]
Tax credit carryforward	46,200
Tax credit carryforward, valuation allowance	46,200
Foreign Tax Authority \| RLJ Entertainment
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	75,800
Foreign Tax Authority \| Sentai Holdings
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	3,800
Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Net operating loss carry forwards	328,700
Operating loss carryforwards, valuation allowance	10,400
Purchase accounting adjustments	$ 7,700

Restructuring and Other Related Charges (Restructuring and Related Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	$ 27,787	$ 448,966	$ 10,378
Corporate / Inter-segment Eliminations
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	20,503	22,907	1,779
Domestic Operations \| Operating Segments
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	3,350	423,205	2,516
International and Other \| Operating Segments
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	$ 3,934	$ 2,854	$ 6,083

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Segment Information (Narrative) (Details) $ in Thousands	12 Months Ended
Segment Information (Narrative) (Details) $ in Thousands	Dec. 31, 2023 USD ($) segment customer	Dec. 31, 2022 USD ($) customer	Dec. 31, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of operating segments \| segment	2
Revenues, net	$ 2,711,877	$ 3,096,545	$ 3,077,608
Customer Concentration Risk \| Revenue Benchmark \| Customer One
Segment Reporting Information [Line Items]
Number of customers \| customer	1	1
Concentration risk, percentage	13.00%	10.00%
SVOD Services
Segment Reporting Information [Line Items]
Revenues, net	$ 565,600	$ 501,900	$ 370,800

- Definition

+ References

+ Details

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues, net	$ 2,711,877	$ 3,096,545	$ 3,077,608
Operating expenses:
Technical and operating (excluding depreciation and amortization)	1,327,500	1,515,902	1,432,083
Selling, general and administrative	764,087	896,817	891,734
Depreciation and amortization	107,402	107,227	93,881
Impairment and other charges	96,689	40,717	159,610
Restructuring and other related charges	27,787	448,966	10,378
Total operating expenses	2,323,465	3,009,629	2,587,686
Operating income	388,412	86,916	489,922
Other income (expense):
Interest expense	(152,703)	(133,762)	(129,073)
Interest income	37,018	13,326	10,243
Loss on extinguishment of debt	0	0	(22,074)
Miscellaneous, net	23,279	3,568	25,214
Total other expense	(92,406)	(116,868)	(115,690)
Income (loss) from operations before income taxes	296,006	(29,952)	374,232
Income tax (expense) benefit	(94,606)	40,980	(94,393)
Net income including noncontrolling interests	201,400	11,028	279,839
Net (income) loss attributable to noncontrolling interests	14,064	(3,434)	(29,243)
Net income attributable to AMC Networks' stockholders	$ 215,464	$ 7,594	$ 250,596
Net income per share attributable to AMC Networks' stockholders:
Basic (in dollars per share)	$ 4.92	$ 0.18	$ 5.92
Diluted (in dollars per share)	$ 4.90	$ 0.17	$ 5.77
Weighted average common shares:
Basic (in shares)	43,827	43,135	42,361
Diluted (in shares)	43,991	43,731	43,439

Description of Business and Basis of Presentation (Details)	12 Months Ended
	Dec. 31, 2023 segment network
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments \| segment	2
Number of national programming networks \| network	5

Summary of Significant Accounting Policies (Net Income Per Share) (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic weighted average shares outstanding (in shares)	43,827	43,135	42,361
Effect of dilution:
Diluted weighted average shares outstanding (in shares)	43,991	43,731	43,439
Stock options
Effect of dilution:
Effect of dilution (in shares)	0	0	3
Restricted stock units
Effect of dilution:
Effect of dilution (in shares)	164	596	1,075

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions On June 30, 2011, Cablevision spun off the Company (the "Distribution") and the Company became an independent public company. At the time of the Distribution, both Cablevision and AMC Networks were controlled by Charles F. Dolan, certain members of his immediate family and certain family related entities (collectively the "Dolan Family"). Members of the Dolan Family, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, including trusts for the benefit of the Dolan Family, collectively beneficially own all of the Company's outstanding Class B Common Stock and own approximately 4% of the Company's outstanding Class A Common Stock. Such shares of the Company's Class A Common Stock and Class B Common Stock, collectively, represent approximately 79% of the aggregate voting power of the Company's outstanding common stock. Members of the Dolan Family are also the controlling stockholders of Sphere Entertainment Co. ("Sphere Entertainment"), Madison Square Garden Sports Corp. ("MSGS") and Madison Square Garden Entertainment Corp. ("MSGE"). The Company provides services to and receives services from Sphere Entertainment, MSGS and MSGE. From time to time the Company enters into arrangements with 605, LLC. James L. Dolan, the Non-Executive Chairman and a director of the Company, and his spouse, Kristin A. Dolan, the Chief Executive Officer of the Company and founder of 605, LLC, previously owned 100% of 605, LLC. Kristin A. Dolan also served as the Non-Executive Chairman of 605, LLC from February 2023 until September 2023, and served as its Chief Executive Officer from its inception in 2016 until February 2023. 605, LLC provides audience measurement and data analytics services to the Company and its subsidiaries pursuant to a Master Services Agreement dated February 8, 2019 (the “Master Services Agreement"). On September 13, 2023, 605, LLC was sold to iSpot.tv, and James L. Dolan and Kristin A. Dolan now hold a minority interest in iSpot.tv. As a result, from and after September 13, 2023, 605, LLC is no longer considered to be a related party. On August 1, 2022, the Audit Committee authorized the Company to enter into a Statement of Work for Strategic Analytic Services (the “Statement of Work”) with 605, LLC under the Master Services Agreement. Under the Statement of Work, 605, LLC was engaged in a strategic, research, market, business and financial assessment of the Company and its business, partnering with the Company’s management team. The term of the Statement of Work ran from August 1, 2022 to June 30, 2023. The fees paid to 605, LLC by the Company for these services were $10.5 million. Revenues, net The Company and its related parties routinely enter into transactions with each other in the ordinary course of business. Revenues, net from related parties amounted to $5.2 million, $5.1 million and $5.0 million for the years ended December 31, 2023, 2022 and 2021, respectively. Selling, General and Administrative Amounts charged to the Company, included in selling, general and administrative expenses, pursuant to a transition services agreement and for other transactions with its related parties amounted to $7.9 million, $8.0 million and $2.2 million for the years ended December 31, 2023, 2022 and 2021, respectively. AMC Networks has an arrangement with the Dolan Family Office, LLC ("DFO") for the sharing of certain expenses associated with executive office space which are available to Charles F. Dolan (the Chairman Emeritus and a director of the Company and a director of Sphere Entertainment, MSGS and MSGE), James L. Dolan (the Company's Chairman, a director of the Company and a director of Sphere Entertainment, MSGS and MSGE), and the DFO which is controlled by Charles F. Dolan. The Company's share of initial set-up costs and office expenses was not material.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

+ Details

Revenue Recognition (Contract with Customer, Asset and Liability) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Accounts receivable (including long-term receivables, within Other assets)	$ 750,390	$ 1,003,505
Contract assets, short-term (included in Prepaid expenses and other current assets)	2,364	48,594
Contract liabilities, short-term (Deferred revenue)	65,736	134,883
Contract liabilities, long-term (Deferred revenue included in Other liabilities)	$ 74	$ 683

Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Accumulated Other Comprehensive Loss

The following table details the components of accumulated other comprehensive loss:


(In thousands)	Year Ended December 31,
	2023		2022
Beginning Balance	$	(239,798)	$	(175,818)
Net current-period currency translation adjustment, before income taxes	7,042		(63,982)
Income tax (expense) benefit	(75)		2
Net current-period currency translation adjustment, net of income taxes	6,967		(63,980)

Ending Balance	$	(232,831)	$	(239,798)

Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Contract with Customer, Asset and Liability

The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers.


(In thousands)	December 31, 2023		December 31, 2022
Balances from contracts with customers:
Accounts receivable (including long-term receivables, within Other assets)	$	750,390	$	1,003,505
Contract assets, short-term (included in Prepaid expenses and other current assets)	2,364		48,594

Contract liabilities, short-term (Deferred revenue)	65,736		134,883
Contract liabilities, long-term (Deferred revenue included in Other liabilities)	74		683

Description of Business and Basis of Presentation (Policies)	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of AMC Networks and its subsidiaries in which a controlling financial interest is maintained or variable interest entities ("VIEs") in which the Company has determined it is the primary beneficiary. All intercompany transactions and balances have been eliminated in consolidation. Investments in business entities in which the Company lacks control but does have the ability to exercise significant influence over operating and financial policies are accounted for using the equity method of accounting.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements; and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets and the valuation and recoverability of goodwill and intangible assets.
Revenue Recognition	Revenue Recognition The Company primarily earns revenue from (i) the distribution of its programming services, through distributors and directly to consumers, and licensing of its programming and other content, (ii) advertising, and (iii) other services. Revenue is recognized when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of the promised products or services is transferred to customers. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring products or services to a customer.
Technical and Operating Expenses	Technical and Operating Expenses Costs of revenues, including but not limited to programming expenses, primarily consisting of amortization of program rights, such as those for original programming, feature films and licensed series, participation and residual costs, distribution and production related costs and program delivery costs, such as transmission, encryption, hosting and formatting are classified as technical and operating expenses in the consolidated statements of income.
Advertising Expenses	Advertising Expenses Advertising costs are charged to expense when incurred and are included in selling, general and administrative expenses in the consolidated statements of income.
Share-based Compensation	Share-Based Compensation The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the portion of awards that are ultimately expected to vest. The cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award using a straight-line amortization method, except for restricted stock units granted to non-employee directors which vest 100%, and are expensed, at the date of grant. Share-based compensation expenses is included in selling, general and administrative expenses in the consolidated statements of income.
Foreign Currency	Foreign Currency The reporting currency of the Company is the U.S. dollar. The functional currency of most of the Company's international subsidiaries is the local currency. Assets and liabilities, including intercompany balances for which settlement is anticipated in the foreseeable future, are translated at exchange rates in effect at the balance sheet date. Foreign currency equity balances are translated at historical rates. Revenues and expenses denominated in foreign currencies are translated at average exchange rates for the respective periods. Foreign currency translation adjustments are recorded as a component of other comprehensive income ("OCI") in the consolidated statements of stockholders' equity. Transactions denominated in currencies other than subsidiaries' functional currencies are recorded based on exchange rates at the time such transactions arise. Changes in exchange rates with respect to amounts recorded in the consolidated balance sheets related to these items will result in unrealized foreign currency transaction gains and losses based upon period-end exchange rates. The Company also records realized foreign currency transaction gains and losses upon settlement of the transactions.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company's cash investments are placed with money market funds and financial institutions that are investment grade as rated by Standard & Poor's and Moody's Investors Service. The Company selects money market funds that predominantly invest in marketable, direct obligations issued or guaranteed by the U.S. government or its agencies, commercial paper, fully collateralized repurchase agreements, certificates of deposit, and time deposits. The Company considers the balance of its investment in funds that hold securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or are at fair value.
Accounts Receivable, Trade	Accounts Receivable, Trade The Company periodically assesses the adequacy of valuation allowances for uncollectible accounts receivable using a forward looking expected loss model by evaluating the collectability of outstanding receivables and general factors such as length of time individual receivables are past due, historical collection experience, and the economic and competitive environment.
Program Rights	Program Rights Rights to programming, including feature films and episodic series, acquired under license agreements are stated at the lower of unamortized cost or fair value. Such licensed rights along with the related obligations are recorded at the contract value when a license agreement is executed, unless there is uncertainty with respect to either cost, acceptability or availability. If such uncertainty exists, those rights and obligations are recorded at the earlier of when the uncertainty is resolved or the license period begins. Costs are amortized to technical and operating expenses on a straight-line or accelerated basis, based on the expected exploitation strategy of the rights, over a period not to exceed the respective license periods. Owned original programming costs are recorded as program rights on the consolidated balance sheet. Program rights that are monetized as a group are amortized based on projected usage, typically resulting in an accelerated amortization pattern. Projected program usage is based on the Company's current expectation of future exhibitions taking into account historical usage of similar content. To a lesser extent, program rights that are predominantly monetized individually are amortized to technical and operating expenses over their estimated useful lives, commencing upon the first airing, based on attributable revenue for airings to date as a percentage of total projected attributable revenue ("ultimate revenue") under the individual-film-forecast-computation method. Projected attributable revenue can change based upon programming market acceptance, levels of distribution and advertising revenue and decisions regarding planned program usage. These calculations require management to make assumptions and to apply judgment regarding revenue and planned usage. Accordingly, the Company periodically reviews revenue estimates and planned usage and revises its assumptions if necessary, which could impact the timing of amortization expense or result in a write-down to fair value. Any capitalized development costs for programs that the Company determines will not be produced are written off at the earlier of the time of abandonment or three years. The Company periodically reviews the programming usefulness of licensed and owned original program rights based on several factors, including expected future revenue generation from airings on the Company's networks and streaming services and other exploitation opportunities, ratings, type and quality of program material, standards and practices, and fitness for exhibition through various forms of distribution. If events or changes in circumstances indicate that the fair value of a film predominantly monetized individually or a film group is less than its unamortized cost, the Company will write off the excess to technical and operating expenses in the consolidated statements of income. Program rights with no future programming usefulness are substantively abandoned, resulting in the write-off of remaining unamortized cost. See Note 6 for further discussion regarding program rights. In the normal course of business, the Company may qualify for tax incentives through eligible spend on productions. These tax incentives generally provide for refundable or transferable tax credits upon meeting established levels of qualified production spending within a participating jurisdiction and may be received prior to or after completion of a production. Production tax incentives are included in prepaid and other current assets or other assets in the consolidated balance sheet with a corresponding reduction to the cost basis of the Company’s programming assets when collection becomes probable, and reduces program rights amortization over the life of the title.
Investments	Investments Investments in equity securities (excluding equity method investments) with readily determinable fair values are accounted for at fair value. The Company applies the measurement alternative to fair value for equity securities without readily determinable fair values, which is to record the investments at cost, less impairment, if any, and subsequently adjust for observable price changes of identical or similar investments of the same issuer. All gains and losses related to equity securities are recorded in earnings as a component of miscellaneous, net, in the consolidated statements of income. Investments in which the Company has the ability to exercise significant influence but does not control and is not the primary beneficiary are equity method investments. Significant influence typically exists if the Company has a 20% to 50% ownership interest in a venture unless persuasive evidence to the contrary exists. Under this method of accounting, the Company records its proportionate share of the net earnings or losses of equity method investees and a corresponding increase or decrease to the investment balances. Cash payments to equity method investees such as additional investments and expenses incurred on behalf of investees as well as payments from equity method investees such as dividends and distributions are recorded as adjustments to investment balances. The Company applies the cumulative earnings approach for determining the cash flow presentation of cash distributions received from equity method investees. Distributions received are included in the consolidated statements of cash flows as operating activities, unless the cumulative distributions (less distributions received in prior periods that were determined to be returns of investment) exceed the Company's portion of the cumulative equity in the net earnings of the equity method investment, in which case the excess distributions are deemed to be returns of the investment and are classified as investing activities in the consolidated statements of cash flows. The Company evaluates its equity method investments for impairment whenever events or changes in circumstances indicate that the carrying amounts of such investments may not be recoverable.
Long-Lived Assets	Long-Lived Assets Property and equipment are carried at cost. Equipment under finance leases is recorded at the present value of the total minimum lease payments. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to equipment under finance leases and leasehold improvements, amortized over the shorter of the lease term or the assets' useful lives and reported in depreciation and amortization in the consolidated statements of income. Amortizable intangible assets established in connection with business combinations primarily consist of affiliate and customer relationships, advertiser relationships and trade names. Amortizable intangible assets are amortized on a straight-line basis over their respective estimated useful lives. The Company reviews its long-lived assets (property and equipment, and amortizable intangible assets) for impairment whenever events or circumstances indicate that the carrying amount of an asset group may not be recoverable. If the sum of the expected cash flows, undiscounted and without interest, is less than the carrying amount of the asset group, an impairment loss is recognized as the amount by which the carrying amount of the asset group exceeds its fair value.
Goodwill and Indefinite-Lived Intangible Assets	Goodwill and Indefinite-Lived Intangible Assets Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized, but instead are tested annually for impairment and upon the occurrence of certain events or substantive changes in circumstances. Goodwill The annual goodwill impairment test allows for the option to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. An entity may choose to perform the qualitative assessment on none, some or all of its reporting units or an entity may bypass the qualitative assessment for any reporting unit and proceed directly to step one of the quantitative impairment test. If it is determined, on the basis of qualitative factors, that the fair value of a reporting unit is, more likely than not, less than its carrying value, the quantitative impairment test is required. The quantitative impairment test calculates any goodwill impairment as the difference between the carrying amount of a reporting unit and its fair value, but not to exceed the carrying amount of goodwill. Indefinite-Lived Intangible Assets Indefinite-lived intangible assets established in connection with business combinations consist of trademarks. The annual indefinite-lived intangible asset impairment test allows for the option to first assess qualitative factors to determine whether it is more likely than not that the fair value is less than its carrying amount. If it is determined, on the basis of qualitative factors, that the fair value is, more likely than not, less than its carrying value, the quantitative impairment test is required. The quantitative impairment test consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value exceeds its fair value, an impairment loss is recognized in an amount equal to that excess.
Deferred Carriage Fees	Deferred Carriage Fees Deferred carriage fees, included in other assets in the consolidated balance sheets, represent amounts principally paid to multichannel video programming distributors to obtain additional subscribers and/or guarantee carriage of certain programming services and are amortized as a reduction of revenue over the period of the related affiliation arrangement (up to 6 years).
Derivative Financial Instruments	Derivative Financial Instruments The Company's derivative financial instruments are recorded as either assets or liabilities in the consolidated balance sheet based on their fair values. The Company's embedded derivative financial instruments which are clearly and closely related to the host contracts are not accounted for on a stand-alone basis. Changes in the fair values are reported in earnings or other comprehensive income depending on the use of the derivative and whether it qualifies for hedge accounting. Derivative instruments are designated and accounted for as either a hedge of a recognized asset or liability (fair value hedge) or a hedge of a forecasted transaction (cash flow hedge). For derivatives not designated as hedges, changes in fair values are recognized in earnings and included in interest expense for interest rate swap contracts and miscellaneous, net, for foreign currency and other derivative contracts. For derivatives designated as effective cash flow hedges, changes in fair values are recognized in other comprehensive income (loss). Changes in fair values related to fair value hedges as well as the ineffective portion of cash flow hedges are recognized in earnings. Changes in the fair value of the underlying hedged item of a fair value hedge are also recognized in earnings.
Income Taxes	Income Taxes The Company's provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and estimates with regard to the liability for unrecognized tax benefits resulting from uncertain tax positions. Deferred tax assets are evaluated quarterly for expected future realization and reduced by a valuation allowance to the extent management believes it is more likely than not that a portion will not be realized. The Company provides deferred taxes for the outside basis difference for its investment in partnerships and uses the deferral method to recognize the income tax benefit from investment tax credits. Global intangible low-taxed income (“GILTI”) tax is treated as a period expense. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense.
Commitments and Contingencies	Commitments and Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the contingency can be reasonably estimated.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and trade accounts receivable. Cash is invested in money market funds and bank time deposits. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company's emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments.
Redeemable Noncontrolling Interests	Redeemable Noncontrolling Interests Noncontrolling interest with redemption features, such as put options, that are not solely within the Company's control are considered redeemable noncontrolling interests. Redeemable noncontrolling interests are considered to be temporary equity and are reported in the mezzanine section between total liabilities and stockholders' equity in the Company's consolidated balance sheet at the greater of their initial carrying amount, increased or decreased for contributions, distributions and the noncontrolling interest's share of net income or loss, or an amount reflecting the accretion of changes in the redemption value to the earliest redemption date.
Net Income per Share	Net Income per Share The consolidated statements of income present basic and diluted net income per share ("EPS"). Basic EPS is based upon net income divided by the weighted average number of common shares outstanding during the period. Diluted EPS reflects the dilutive effects of AMC Networks outstanding equity-based awards.
Common Stock of AMC Networks	Common Stock of AMC Networks Each holder of AMC Networks Class A Common Stock has one vote per share while holders of AMC Networks Class B Common Stock have ten votes per share. AMC Networks Class B shares can be converted to AMC Networks Class A Common Stock at any time with a conversion ratio of one AMC Networks Class A common share for one AMC Networks Class B common share. The AMC Networks Class A stockholders are entitled to elect 25% of the Company's Board of Directors. AMC Networks Class B stockholders have the right to elect the remaining members of the Company's Board of Directors. In addition, AMC Networks Class B stockholders are parties to an agreement which has the effect of causing the voting power of these AMC Networks Class B stockholders to be cast as a block.
Recently Adopted Accounting Standards and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Standards In November 2021, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) 2021-10, Government Assistance (Topic 832): Disclosures by Business Entities about Government Assistance, requiring annual disclosures about transactions with a government that are accounted for by analogizing to a grant or contribution accounting model. The guidance requires the disclosure of the nature of the transactions, the accounting policies used to account for the transactions, and the effect of the transactions on the financial statements. The Company adopted the new guidance prospectively for the year ended December 31, 2022, which impacts disclosures of tax incentives related to the production of content. Effective January 1, 2021, the Company adopted FASB ASU 2019-12, Simplifying the Accounting for Income Taxes. ASU 2019-12 removes certain exceptions to the general principles in Accounting Standards Codification (“ASC”) Topic 740 - Income Taxes. The adoption of the standard did not have a material effect on the Company's consolidated financial statements. Recently Issued Accounting Standards In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU 2023-09 is intended to enhance the transparency and decision usefulness of income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. The standard is effective for annual reporting periods beginning after December 15, 2024, with early adoption permitted. The Company is currently assessing the impact that the adoption will have on its consolidated financial statements. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which expands disclosures about a public entity’s reportable segments and requires more enhanced information about a reportable segment’s expenses, interim segment profit or loss, and how a public entity’s chief operating decision maker uses reported segment profit or loss information in assessing segment performance and allocating resources. The standard is effective for annual reporting periods beginning after December 15, 2023, and interim periods within years beginning after December 15, 2024, with early adoption permitted. The Company is currently assessing the impact that the adoption will have on its consolidated financial statements. In December 2021, the Organization for Economic Co-operation and Development (OECD) released the Pillar Two Model Rules which aim to reform international corporate taxation rules, including the implementation of a global minimum tax rate. The Pillar Two Model Rules will be implemented in a phased approach beginning January 1, 2024. The Company is currently assessing the rules in all jurisdictions but does not anticipate a material impact to its financial statements.

Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The Company's long-term debt consists of:


(In thousands)	December 31, 2023		December 31, 2022
Senior Secured Credit Facility:
Term Loan A Facility	$	607,500	$	641,250
Senior Notes:
5.00% Notes due April 2024	—		400,000
4.75% Notes due August 2025	774,729		800,000
4.25% Notes due February 2029	1,000,000		1,000,000

Total long-term debt	2,382,229		2,841,250
Unamortized discount	(13,873)		(18,718)
Unamortized deferred financing costs	(6,607)		(10,079)
Long-term debt, net	2,361,749		2,812,453
Current portion of long-term debt	67,500		33,750
Noncurrent portion of long-term debt	$	2,294,249	$	2,778,703

Schedule of Maturities of Long-term Debt

Total amounts payable by the Company under its various debt obligations outstanding as of December 31, 2023 are as follows:


(In thousands)
Years Ending December 31,
2024	$	67,500
2025	842,229
2026	472,500
2027	—
2028	—
Thereafter	1,000,000
	$	2,382,229

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481568/470-20-55-69E

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482925/835-30-45-2

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482925/835-30-45-1A

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-3

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482949/835-30-55-8

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480848/942-470-50-3

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-8

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-6

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-7

+ Details

Fair Value Measurement

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Fair Value Measurement

The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity's pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels:

•Level I—Quoted prices for identical instruments in active markets.

•Level II—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

•Level III—Instruments whose significant value drivers are unobservable.

The following table presents for each of these hierarchy levels, the Company's financial assets and liabilities that are measured at fair value on a recurring basis at December 31, 2023 and 2022:


(In thousands)	Level I		Level II		Level III		Total
At December 31, 2023:
Assets:


Foreign currency derivatives	$	—	$	8,277	$	—	$	8,277
Liabilities:

Foreign currency derivatives	—		2,295		—		2,295

At December 31, 2022:
Assets:
Cash equivalents	$	80,000	$	—	$	—	$	80,000

Foreign currency derivatives	—		536		—		536
Liabilities:

Foreign currency derivatives	—		8,965		—		8,965

The Company's cash equivalents (comprised of money market mutual funds) are classified within Level I of the fair value hierarchy because they are valued using quoted market prices.

The Company's foreign currency derivatives are classified within Level II of the fair value hierarchy and their fair values are determined based on a market approach valuation technique that uses readily observable market parameters and the consideration of counterparty risk.

At December 31, 2023 or 2022, the Company does not have any material assets or liabilities measured at fair value on a recurring basis that would be considered Level III.

Fair value measurements are also used in nonrecurring valuations performed in connection with acquisition accounting and impairment testing. These nonrecurring valuations primarily include the valuation of program rights, goodwill, intangible assets and property and equipment. All of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level III of the fair value hierarchy.

Credit Facility Debt and Senior Notes

The fair values of each of the Company's debt instruments are based on quoted market prices for the same or similar issues or on the current rates offered to the Company for instruments of the same remaining maturities.

The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the consolidated balance sheets are summarized as follows:


(In thousands)	December 31, 2023
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A Facility	$	602,551	$	577,884

4.75% Notes due August 2025	771,013		745,677
4.25% Notes due February 2029	988,185		780,670

	$	2,361,749	$	2,104,231


(In thousands)	December 31, 2022
	Carrying Amount		Estimated Fair Value
Debt instruments:
Term Loan A facility	$	633,486	$	615,600

5.00% Notes due April 2024	398,687		375,348
4.75% Notes due August 2025	794,171		607,000
4.25% Notes due February 2029	986,109		620,818
	$	2,812,453	$	2,218,766

Fair value estimates related to the Company's debt instruments presented above are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Goodwill and Other Intangible Assets (Schedule Of Estimated Amortization Expense) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2024	$ 36,331
2025	35,364
2026	32,666
2027	27,935
2028	$ 26,082

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 570,576	$ 930,002
Accounts receivable, trade (less allowance for doubtful accounts of $9,488 and $8,725)	664,396	722,185
Current portion of program rights, net	7,880	10,807
Prepaid expenses and other current assets	380,518	286,875
Total current assets	1,623,370	1,949,869
Property and equipment, net of accumulated depreciation of $403,708 and $344,906	159,237	202,034
Program rights, net	1,802,653	1,762,939
Intangible assets, net	268,558	354,676
Goodwill	626,496	643,419
Deferred tax assets, net	11,456	13,618
Operating lease right-of-use assets	71,163	108,229
Other assets	406,854	599,052
Total assets	4,969,787	5,633,836
Current Liabilities:
Accounts payable	89,469	172,009
Accrued liabilities	385,838	419,065
Current portion of program rights obligations	301,221	374,115
Deferred revenue	65,736	134,883
Current portion of long-term debt	67,500	33,750
Current portion of lease obligations	33,659	36,411
Total current liabilities	943,423	1,170,233
Program rights obligations	150,943	200,869
Long-term debt, net	2,294,249	2,778,703
Lease obligations	87,240	124,799
Deferred tax liabilities, net	160,383	112,642
Other liabilities	74,306	139,108
Total liabilities	3,710,544	4,526,354
Commitments and contingencies
Redeemable noncontrolling interests	185,297	253,669
Stockholders' equity:
Preferred stock, $0.01 par value, 45,000 shares authorized; none issued	0	0
Paid-in capital	378,877	360,251
Accumulated earnings	2,321,105	2,105,641
Treasury stock, at cost (34,593 and 34,593 shares Class A Common Stock, respectively)	(1,419,882)	(1,419,882)
Accumulated other comprehensive loss	(232,831)	(239,798)
Total AMC Networks stockholders' equity	1,048,051	806,988
Non-redeemable noncontrolling interests	25,895	46,825
Total stockholders' equity	1,073,946	853,813
Total liabilities and stockholders' equity	4,969,787	5,633,836
Class A Common Stock
Stockholders' equity:
Common stock	667	661
Class B Common Stock
Stockholders' equity:
Common stock	$ 115	$ 115

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ 806,988
Net current-period currency translation adjustment, before income taxes	7,042	$ (63,982)
Income tax (expense) benefit	(75)	2
Other comprehensive income (loss), net of income taxes	6,967	(63,980)
Ending Balance	1,048,051	806,988
AOCI Attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(239,798)	(175,818)
Ending Balance	$ (232,831)	$ (239,798)

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 852
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481372/852-10-55-10

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480167/946-830-55-12

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(19))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.6-05(4))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(4)(b))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(6))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(7))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-28

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(31))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(30))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1

Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 4.E)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480418/310-10-S99-2

+ Details

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($)		1 Months Ended			3 Months Ended		12 Months Ended
	Dec. 01, 2023	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2022	Dec. 31, 2023	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill [Line Items]
Accumulated impairment charges		$ 185,500,000		$ 163,800,000	$ 185,500,000		$ 185,500,000	$ 163,800,000
Purchase accounting adjustments								(2,834,000)
Reduction in carrying about of goodwill							560,000	1,344,000
Impairment charge related to goodwill		$ 19,800,000	$ 1,900,000	$ 40,700,000			21,718,000	40,717,000
Aggregate amortization expense for amortizable intangible assets							40,500,000	41,500,000	$ 39,100,000
Impairment of identifiable intangible assets								0	$ 0
Impairment charges for indefinite-lived intangible assets	$ 0
Domestic Operations
Goodwill [Line Items]
Purchase accounting adjustments								(2,834,000)
Reduction in carrying about of goodwill							560,000	1,344,000
Impairment charge related to goodwill							0	0
Impairment of identifiable intangible assets					$ 42,400,000
International and Other
Goodwill [Line Items]
Purchase accounting adjustments								0
Reduction in carrying about of goodwill							0	0
Impairment charge related to goodwill						$ 1,900,000	21,718,000	$ 40,717,000
Impairment of identifiable intangible assets						$ 23,000,000
International and Other \| 25/7 Media
Goodwill [Line Items]
Impairment charge related to goodwill							$ 19,800,000

Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Summary of Leases Included in the Consolidated Balance Sheets

The following table summarizes the leases included in the consolidated balance sheets as follows:


		December 31,
(In thousands)	Balance Sheet Location	2023		2022
Assets
Operating	Operating lease right-of-use assets	$	71,163	$	108,229
Finance	Property and equipment, net	9,884		10,982
Total lease assets		$	81,047	$	119,211
Liabilities
Current:
Operating	Current portion of lease obligations	$	28,971	$	32,207
Finance	Current portion of lease obligations	4,688		4,204
		33,659		36,411
Noncurrent:
Operating	Lease obligations	72,797		105,768
Finance	Lease obligations	14,443		19,031
		87,240		124,799

Total lease liabilities		$	120,899	$	161,210

Summary of Lease Costs

At December 31, 2023 and 2022, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:


(In thousands)	December 31,
	2023		2022
Satellite equipment	$	40,536	$	40,051
Less accumulated amortization	(30,652)		(29,069)
	$	9,884	$	10,982

The following table summarizes the lease costs included in the consolidated statement of income:


		December 31,
(In thousands)	Income Statement Location	2023		2022		2021
Operating lease costs	Selling, general and administrative expenses	$	26,681	$	27,186	$	28,189
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	1,098		1,098		2,105
Interest on lease liabilities	Interest expense	1,714		1,894		2,346
Short term lease costs	Selling, general and administrative expenses	111		248		206
Variable lease costs	Selling, general and administrative expenses	2,315		1,468		854
Total net lease costs		$	31,919	$	31,894	$	33,700

Summary of Maturity of Lease Liabilities for Operating Leases

The following table summarizes the maturity of lease liabilities for operating and finance leases as of December 31, 2023:


(In thousands)	Operating Leases		Finance Leases		Total
2024	$	33,721	$	5,866	$	39,587
2025	29,383		5,894		35,277
2026	28,223		2,087		30,310
2027	12,833		1,428		14,261
2028	3,290		1,428		4,718
Thereafter	4,357		5,712		10,069
Total lease payments	111,807		22,415		134,222
Less: Interest	10,039		3,284		13,323
Present value of lease liabilities	$	101,768	$	19,131	$	120,899

Summary of Maturity of Lease Liabilities for Financing Leases

The following table summarizes the maturity of lease liabilities for operating and finance leases as of December 31, 2023:


(In thousands)	Operating Leases		Finance Leases		Total
2024	$	33,721	$	5,866	$	39,587
2025	29,383		5,894		35,277
2026	28,223		2,087		30,310
2027	12,833		1,428		14,261
2028	3,290		1,428		4,718
Thereafter	4,357		5,712		10,069
Total lease payments	111,807		22,415		134,222
Less: Interest	10,039		3,284		13,323
Present value of lease liabilities	$	101,768	$	19,131	$	120,899

Summary of Lease Information

The following table summarizes the weighted average remaining lease term and discount rate for operating and finance leases:


	December 31, 2023		December 31, 2022
Weighted average remaining lease term (years):
Operating leases	3.8		4.6
Finance leases	6.0		6.6
Weighted average discount rate:
Operating leases	4.9	%	4.6	%
Finance leases	7.1	%	7.5	%

Summary of Supplemental Cash Paid for Amounts in the Measurement of Lease Liabilities

The following table summarizes the supplemental cash paid for amounts in the measurement of lease liabilities:


	December 31,
(In thousands)	2023		2022		2021
Operating cash flows from operating leases	$	37,121	$	39,857	$	40,000
Operating cash flows from finance leases	1,586		1,947		1,789
Financing cash flows from finance leases	4,222		3,576		3,800

Commitments and Contingencies (Contractual Obligation, Fiscal Year Maturity Schedule) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Total purchase obligations	$ 873,599
Purchase obligations, Year 1	307,488
Purchase obligations, Years 2-3	169,413
Purchase obligations, Years 4-5	69,507
Purchase obligations, More than 5 years	$ 327,191

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income including noncontrolling interests	$ 201,400	$ 11,028	$ 279,839
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	107,402	107,227	93,881
Non-cash impairment and other charges	87,089	40,717	16,699
Share-based compensation expenses related to equity classified awards	25,665	29,986	47,925
Non-cash restructuring and other related charges	15,147	336,744	4,329
Amortization and write-offs of program rights	906,158	1,008,470	909,339
Amortization of deferred carriage fees	21,341	34,234	29,709
Unrealized foreign currency transaction loss (gain)	2,716	8,692	(16,882)
Amortization of deferred financing costs and discounts on indebtedness	7,574	7,733	7,729
Loss on extinguishment of debt	0	0	22,074
Bad debt expense	2,503	2,202	5,337
Deferred income taxes	49,736	(50,689)	34,010
Gains on investments	0	(4,084)	(1,306)
Other, net	(5,234)	(7,667)	(7,216)
Changes in assets and liabilities:
Accounts receivable, trade (including amounts due from related parties, net)	34,332	70,371	(56)
Prepaid expenses and other assets	103,258	(34,069)	(183,861)
Program rights and obligations, net	(1,079,910)	(1,347,351)	(1,297,782)
Income taxes payable	969	(148)	(3,467)
Deferred revenue	(60,671)	(63,622)	126,832
Deferred carriage fees, net	(17,826)	(39,590)	(53,065)
Accounts payable, accrued liabilities and other liabilities	(197,730)	71,650	129,406
Net cash provided by operating activities	203,919	181,834	143,474
Cash flows from investing activities:
Capital expenditures	(35,207)	(44,272)	(42,572)
Return of capital from investees	2,146	1,771	0
Acquisition of investments	(599)	(5,002)	(30,273)
Loans to investees	0	(2,456)	0
Cash paid on distribution of business	0	0	(7,052)
Principal payments received on loans to investees	180	720	20,000
Payments for acquisitions of businesses, net of cash acquired	0	0	(62,055)
Proceeds from sale of investments	8,565	9,854	95,370
Other, net	593	0	0
Net cash used in investing activities	(24,322)	(39,385)	(26,582)
Cash flows from financing activities:
Proceeds from the issuance of long-term debt	0	0	986,000
Payments for financing costs	(342)	0	0
Principal payments on long-term debt	(458,381)	(33,750)	(1,016,500)
Deemed repurchases of restricted stock units	(7,271)	(22,332)	(32,886)
Proceeds from stock option exercises	0	0	9,795
Principal payments on finance lease obligations	(4,222)	(3,576)	(3,800)
Purchase of noncontrolling interests	(1,343)	(2,500)	0
Contributions from noncontrolling interests	0	0	2,702
Distributions to noncontrolling interests	(72,876)	(34,957)	(29,414)
Net cash used in financing activities	(544,435)	(97,115)	(84,103)
Net (decrease) increase in cash and cash equivalents from operations	(364,838)	45,334	32,789
Effect of exchange rate changes on cash and cash equivalents	5,412	(7,553)	(29,094)
Cash and cash equivalents at beginning of year	930,002	892,221	888,526
Cash and cash equivalents at end of year	$ 570,576	$ 930,002	$ 892,221

Segment Information (Schedule of Fixed Assets by Geographic Location) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	$ 159,237	$ 202,034
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	146,314	187,833
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	11,850	12,520
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	$ 1,073	$ 1,681

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property and equipment (including equipment under finance leases) consists of the following:


(In thousands)	December 31,				Estimated Useful Lives
	2023		2022
Program, service and test equipment	$	336,803	$	314,234	2 to 5 years
Satellite equipment	40,536		40,051		Term of lease
Furniture and fixtures	11,750		12,490		3 to 8 years
Transmission equipment	29,924		30,169		5 years

Leasehold improvements	143,932		149,996		Term of lease
Property and equipment	562,945		546,940
Accumulated depreciation and amortization	(403,708)		(344,906)
Property and equipment, net	$	159,237	$	202,034

Summary of Finance Leases

At December 31, 2023 and 2022, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:


(In thousands)	December 31,
	2023		2022
Satellite equipment	$	40,536	$	40,051
Less accumulated amortization	(30,652)		(29,069)
	$	9,884	$	10,982

The following table summarizes the lease costs included in the consolidated statement of income:


		December 31,
(In thousands)	Income Statement Location	2023		2022		2021
Operating lease costs	Selling, general and administrative expenses	$	26,681	$	27,186	$	28,189
Finance lease costs:
Amortization of leased assets	Depreciation and amortization	1,098		1,098		2,105
Interest on lease liabilities	Interest expense	1,714		1,894		2,346
Short term lease costs	Selling, general and administrative expenses	111		248		206
Variable lease costs	Selling, general and administrative expenses	2,315		1,468		854
Total net lease costs		$	31,919	$	31,894	$	33,700

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2023
Audit Information [Abstract]
Auditor Firm ID	185
Auditor Name	KPMG LLP
Auditor Location	New York, New York

Schedule II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule of Valuation and Qualifying Accounts Disclosure


(In thousands)	Balance at Beginning of Period		Provision for (Recovery of) Bad Debt		Deductions/ Write-Offs and Other Charges, Net		Balance at End of Period
Year Ended December 31, 2023
Allowance for doubtful accounts	$	8,725	$	2,503	$	(1,740)	$	9,488
Year Ended December 31, 2022
Allowance for doubtful accounts	$	8,030	$	2,202	$	(1,507)	$	8,725
Year Ended December 31, 2021
Allowance for doubtful accounts	$	11,234	$	5,337	$	(8,541)	$	8,030

Program Rights and Obligations

12 Months Ended

Dec. 31, 2023

Film, Disclosures [Abstract]

Programs Rights and Obligations

Program Rights and Obligations

Program Rights

Total capitalized produced and licensed content by predominant monetization strategy is as follows:


	December 31, 2023
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	139,363	$	532,839	$	672,202
In-production and in-development	—		284,455		284,455
Total owned original program rights, net	$	139,363	$	817,294	$	956,657

Licensed program rights, net:
Licensed film and acquired series	$	973	$	599,607	$	600,580
Licensed originals	1,555		169,489		171,044
Advances and other production costs	—		82,252		82,252
Total licensed program rights, net	2,528		851,348		853,876
Program rights, net	$	141,891	$	1,668,642	$	1,810,533

Current portion of program rights, net					$	7,880
Program rights, net (long-term)					1,802,653
					$	1,810,533


	December 31, 2022
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total
Owned original program rights, net:
Completed	$	215,496	$	322,248	$	537,744
In-production and in-development	45,098		294,086		339,184
Total owned original program rights, net	$	260,594	$	616,334	$	876,928

Licensed program rights, net:
Licensed film and acquired series	$	3,092	$	642,768	$	645,860
Licensed originals	5,373		171,418		176,791
Advances and other production costs	—		74,167		74,167
Total licensed program rights, net	8,465		888,353		896,818
Program rights, net	$	269,059	$	1,504,687	$	1,773,746

Current portion of program rights, net					$	10,807
Program rights, net (long-term)					1,762,939
					$	1,773,746

Amortization, including write-offs, of owned and licensed program rights is as follows:


	Year Ended December 31, 2023
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total

Owned original program rights	$	154,523	$	282,954	$	437,477
Licensed program rights	3,162		465,519		468,681
Program rights amortization	$	157,685	$	748,473	$	906,158


	Year Ended December 31, 2022
(In thousands)	Predominantly Monetized Individually		Predominantly Monetized as a Group		Total

Included in Technical and operating:
Owned original program rights	$	279,910	$	182,695	$	462,605
Licensed program rights	37,935		507,930		545,865
	$	317,845	$	690,625	$	1,008,470
Included in Restructuring and other related charges:
Owned original program rights	$	192,749	$	24,914	$	217,663
Licensed program rights	110,830		75,261		186,091
	$	303,579	$	100,175	$	403,754

The following table presents the expected amortization over each of the next three years of completed program rights on the consolidated balance sheet as of December 31, 2023:


(In thousands)	2024		2025		2026
Owned original program rights:
Predominantly Monetized Individually	$	56,381	$	40,358	$	19,152
Predominantly Monetized as a Group	212,874		177,484		100,634

Licensed program rights:
Predominantly Monetized Individually	$	2,064	$	313	$	128
Predominantly Monetized as a Group	409,805		225,101		101,837

Program rights write-offs for programming that was substantively abandoned of $17.3 million were included in technical and operating expense for the year ended December 31, 2023. For the year ended December 31, 2022, there were $403.8 million of program write-offs recorded to restructuring and other related charges in connection with the Company’s strategic programming assessments. Refer to Note 5 to the consolidated financial statements for additional information. Program rights write-offs of $12.8 million were included in technical and operating expense for the year ended December 31, 2021.

Program Rights Obligations

Amounts payable subsequent to December 31, 2023 related to program rights obligations included in the consolidated balance sheet are as follows:


(In thousands)
Years Ending December 31,
2024	$	301,221
2025	98,536
2026	33,373
2027	15,039
2028	3,268
Thereafter	727
	$	452,164

Property and Equipment (Property, Plant, Equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property and equipment	$ 562,945	$ 546,940
Accumulated depreciation and amortization	(403,708)	(344,906)
Property and equipment, net	159,237	202,034
Program, service and test equipment
Property, Plant and Equipment [Line Items]
Property and equipment	336,803	314,234
Satellite equipment
Property, Plant and Equipment [Line Items]
Property and equipment	40,536	40,051
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment	11,750	12,490
Transmission equipment
Property, Plant and Equipment [Line Items]
Property and equipment	$ 29,924	30,169
Estimated Useful Lives	5 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment	$ 143,932	$ 149,996
Minimum \| Program, service and test equipment
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	2 years
Minimum \| Furniture and fixtures
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	3 years
Maximum \| Program, service and test equipment
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Maximum \| Furniture and fixtures
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	8 years

Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Summary of Continuing Operations by Reportable Segment

The Company has presented the components that reconcile adjusted operating income to operating income, and other information as to the continuing operations of the Company's operating segments below.


(In thousands)	Year Ended December 31, 2023
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,340,207	$	220,854	$	—	$	1,561,061
Content licensing and other	342,557		101,799		(9,186)		435,170
Distribution and other	1,682,764		322,653		(9,186)		1,996,231
Advertising	633,823		81,823		—		715,646
Consolidated revenues, net	$	2,316,587	$	404,476	$	(9,186)	$	2,711,877
Operating income (loss)	$	583,542	$	(9,624)	$	(185,506)	$	388,412
Share-based compensation expenses	13,765		3,388		8,512		25,665
Depreciation and amortization	46,494		18,127		42,781		107,402
Impairment and other charges	51,966		44,723		—		96,689
Restructuring and other related charges	3,350		3,934		20,503		27,787
Cloud computing amortization	21		—		10,522		10,543
Majority-owned equity investees AOI	13,606		—		—		13,606
Adjusted operating income	$	712,744	$	60,548	$	(103,188)	$	670,104
Capital expenditures	$	2,535	$	4,298	$	28,374	$	35,207


(In thousands)	Year Ended December 31, 2022
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,395,026	$	223,515	$	—	$	1,618,541
Content licensing and other	491,870		135,406		(21,122)		606,154
Distribution and other	1,886,896		358,921		(21,122)		2,224,695
Advertising	788,246		83,604		—		871,850
Consolidated revenues, net	$	2,675,142	$	442,525	$	(21,122)	$	3,096,545
Operating income (loss)	$	286,517	$	3,031	$	(202,632)	$	86,916
Share-based compensation expenses	12,815		3,900		13,271		29,986
Depreciation and amortization	49,588		18,487		39,152		107,227
Impairment and other charges	—		40,717		—		40,717
Restructuring and other related charges	423,205		2,854		22,907		448,966
Cloud computing amortization	23		—		7,319		7,342
Majority-owned equity investees AOI	17,248		—		—		17,248
Adjusted operating income	$	789,396	$	68,989	$	(119,983)	$	738,402
Capital expenditures	$	4,572	$	6,039	$	33,661	$	44,272


(In thousands)	Year Ended December 31, 2021
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,318,732	$	249,844	$	—	$	1,568,576
Content licensing and other	416,898		155,805		(14,325)		558,378
Distribution and other	1,735,630		405,649		(14,325)		2,126,954
Advertising	844,986		105,668		—		950,654
Consolidated revenues, net	$	2,580,616	$	511,317	$	(14,325)	$	3,077,608
Operating income (loss)	$	617,875	$	37,167	$	(165,120)	$	489,922
Share-based compensation expenses	22,077		3,627		22,221		47,925
Depreciation and amortization	48,025		19,807		26,049		93,881
Impairment and other charges	143,000		16,610		—		159,610
Restructuring and other related charges	2,516		6,083		1,779		10,378
Cloud computing amortization	—		—		2,406		2,406
Majority-owned equity investees AOI	11,948		—		—		11,948
Adjusted operating income	$	845,441	$	83,294	$	(112,665)	$	816,070
Capital expenditures	$	9,635	$	6,009	$	26,928	$	42,572

Schedule of Summary of Inter-Segment Eliminations


(In thousands)	Years Ended December 31,
	2023		2022		2021
Inter-segment revenues
Domestic Operations	$	(8,786)	$	(17,643)	$	(10,584)
International and Other	(400)		(3,479)		(3,741)
	$	(9,186)	$	(21,122)	$	(14,325)

Schedule of Revenue by Geographic Area

The table below summarizes revenue based on customer location:


	Years Ended December 31,
(In thousands)	2023		2022		2021
Revenue
United States	$	2,210,253	$	2,574,504	$	2,462,210
Europe	329,093		354,492		432,682
Other	172,531		167,549		182,716
	$	2,711,877	$	3,096,545	$	3,077,608

Schedule of Disclosure on Geographic Areas, Long-Lived Assets

The table below summarizes property and equipment based on asset location:


	Years Ended December 31,
(In thousands)	2023		2022
Property and equipment, net
United States	$	146,314	$	187,833
Europe	11,850		12,520
Other	1,073		1,681
	$	159,237	$	202,034