AMC Networks Inc. (NASDAQ:AMCX) Q1 2022 Earnings Conference Call May 5, 2022 10:30 AM ET

Company Participants

Nick Seibert - Vice President, Corporate Development and Investor Relations

Matt Blank - Interim Chief Executive Officer

Chris Spade - Chief Operating Officer and Chief Financial Officer

Conference Call Participants

Thomas Yeh - Morgan Stanley

Michael Morris - Guggenheim

Robert Fishman - MoffettNathanson

David Karnovsky - JPMorgan

Steven Cahall - Wells Fargo

Operator

Welcome to the AMC Networks’ First Quarter 2022 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Nick Seibert, Vice President, Corporate Development and Investor Relations. Please go ahead.

Nick Seibert

Thank you. Good morning and welcome to the AMC Networks first quarter 2022 earnings conference call. Joining us this morning are Matt Blank, Interim Chief Executive Officer; and Chris Spade, Chief Operating Officer and Chief Financial Officer. Today’s press release is available on our website at amcnetworks.com. We will begin with prepared remarks and then we will open the call for questions.

I would like to remind everyone that today’s call may include certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that could cause actual results to differ. Please refer to AMC Networks SEC filings for a discussion of risks and uncertainties. The company disclaims any obligation to update any forward-looking statements made on this call. Today, we will discuss certain non-GAAP financial measures. The required definitions and reconciliations can be found at the end of today’s press release.

With that, I would like to turn the call over to Matt. Matt?

Matt Blank

Thanks, Nick, and good morning, everyone. Thanks for joining us. AMC Networks’ first quarter marked a solid start to 2022, highlighted by total company revenue growth, strong gains in streaming revenue and subscribers and continued momentum for our strong content slate across our portfolio of super-fan brands. And the last few weeks and months have shown anything, it’s that anyone trying to build a streaming business can’t forget about the business part. These practical considerations have always been our focus, as we have moved into this space, and we continue to make significant headway on our differentiated strategy of offering streaming services that appeal to targeted audiences with specific affinities and passions. Our approach is considered, curated and cost efficient and is a distinctly different strategy than others aiming to offer something for everyone.