AMC Networks Withdraws 2020 Financial Guidance, Citing Uncertainty Amid Coronavirus Crisis

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AMC Networks Withdraws 2020 Financial Guidance, Citing Uncertainty Amid Coronavirus Crisis
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AMC Networks is the latest company to warn that its financial outlook has become impossible to predict with the coronavirus pandemic and resulting economic turmoil. The cable programmer and media c…

AMC Networks is the latest company to warn that its financial outlook has become impossible to predict with the coronavirus pandemic and resulting economic turmoil. The cable programmer and media company in an SEC filing Friday said it was pulling guidance for the first quarter of full year of 2020, and that it is “not [...

WarnerMedia will pledge $100 million in relief to workers affected by wide production shutdowns in film and television, CEO John Stankey said in a Friday staff memo obtained by Variety. “We have paused many productions for the health and safety of employees, cast, crew and community. We are stepping up with a commitment of more [...]Amy Listerman, chief financial officer at Fox News Media, will step down from her role, and will be replaced by Joe Dorrego, a Fox Corp.

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