Streaming revenues increased 9% to $150 million, driven by year-over-year subscriber growth and price increases. In addition, advertising revenues decreased 11% to $149 million due to linear ratings declines.
The company reported a 23.5% fall in revenue compared to Q2 2023. However, the final weeks of the quarter reignited the company’s revenue and set the path for the upcoming quarters.
The titles include "James Martin’s Spanish Adventure" which has been picked up by AMC Networks Central & Northern Europe in Hungary, Czech Republic, Slovakia, Moldova and Romania, and by Polish broadcaster Canal+ Polska.
The title is created and written by Lauren Sequeira, the bewitching drama stars BAFTA-nominated Siena Kelly ("Adult Material"). The show had a successful U.K. launch on BBC Three earlier this year to wide critical acclaim