AMC Global Media Inc. - 2026年季度报告

Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company oran emerging growth company (as defined in Exchange Act Rule12b-2). If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐ 32,443,30411,484,408 PART I. FINANCIAL INFORMATION Item 1. Financial Statements (unaudited)Condensed Consolidated Balance SheetsCondensed Consolidated Statements of Income(Loss) PART II. OTHER INFORMATIONItem 1. Legal ProceedingsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 5. Other InformationItem 6. ExhibitsSIGNATURES AMC GLOBAL MEDIA INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(in thousands, except per share amounts)(unaudited) AMCGLOBAL MEDIAINC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Note 1. Description of Business and Basis of Presentation Description of Business On April 8, 2026, AMC Networks Inc. filed Amended and Restated Articles of Incorporation with the Nevada Secretary of State toeffect a change of its corporate name from AMC Networks Inc. to AMC Global Media Inc. AMC Global Media Inc. ("AMC Global Media") 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:Consists of our streaming services, our five programming networks, our AMC Studios operation andour film distribution business. Our streaming services consist of AMC+ and our targeted subscription streaming services(Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE and All Reality). Our programming networks are AMC, We TV,BBC America, IFC, and SundanceTV. Our AMC Studios operation produces original programming for our programmingservices and third parties and also licenses programming worldwide. Our film distribution business consists of Independent •International: Consists of AMC Global Media International, our international programming businesses consisting of aportfolio of channels distributed around the world. Basis of Presentation Principles of Consolidation The consolidated financial statements include the accounts of AMC Global Media and its subsidiaries in which a controllingfinancial interest is maintained or variable interest entities in which the Company has determined it is the primary beneficiary. All Investments in business entities in which the Company lacks control but does have the ability to exercise significant influenceover operating and financial policies are accounted for using the equity method of accounting. Unaudited Interim Financial Statements These condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accountingprinciples ("GAAP") for interim financial information and Article 10 of Regulation S-X of the Securities and Exchange Commission("SEC"), and should be read in conjunction with the Company's consolidated financial statements and notes thereto for the year endedDecember31, 2025 contained in the Company's Annual Report on Form 10-K (our "2025 Form 10-K") filed with the SEC. The The results of operations for interim periods are not necessarily indicative of the results that might be expected for future interimperiods or for the full year ending December31, 2026. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptionsthat 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. Recently Adopted Accounting Standards In July 2025, the Financial Accounting Standards Board ("FASB") issued guidance that provides a practical expedient forestimating credit losses for current accounts receivable and current contract assets arising from transactions accounted for underAccounting St