AMC Networks Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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FY2023 · Filed Feb 9, 2024
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FORWARD-LOOKING STATEMENTS
This Annual Report on Form 10-K contains statements that constitute forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. In this Annual Report on Form 10-K there are statements concerning our future operating results and future financial performance. Words such as "expects," "anticipates," "believes," "estimates," "may," "will," "should," "could," "potential," "continue," "intends," "plans" and similar words and terms used in the discussion of future operating results and future financial performance identify forward-looking statements. You are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties and that actual results or developments may differ materially from the forward-looking statements as a result of various factors. Factors that may cause such differences to occur include, but are not limited to:
the level of our revenues;
market demand, including changes in viewer consumption patterns, for our programming networks, our subscription streaming services, our programming, and our production services;
demand for advertising inventory and our ability to deliver guaranteed viewer ratings;
the highly competitive nature of the cable, telecommunications, streaming and programming industries;
the cost of, and our ability to obtain or produce, desirable content for our programming services, other forms of distribution, including digital and licensing in international markets, as well as our film distribution businesses;
market demand for our owned original programming and our film content;
the loss of any of our key personnel and artistic talent;
the impact of strikes, including those related to the Writers, Directors, and Screen Actors guilds;
the security of our program rights and other electronic data;
our ability to maintain and renew distribution or affiliation agreements with distributors;
economic and business conditions and industry trends in the countries in which we operate, including increases in inflation rates and recession risk;
fluctuations in currency exchange rates and interest rates;
changes in domestic and foreign laws or regulations under which we operate;
changes in laws or treaties relating to taxation, or the interpretation thereof, in the United States or in the countries in which we operate;
the impact of existing and proposed federal, state and international laws and regulations relating to data protection, privacy and security, including the European Union's General Data Protection Regulation ("GDPR"), the California Consumer Privacy Act ("CCPA") and other similar comprehensive privacy and security laws that have been or may be enacted in other states;
our substantial debt and high leverage;
reduced access to, or inability to access, capital or credit markets, or significant increases in costs to borrow;
the level of our expenses;
future acquisitions and dispositions of assets;
our ability to successfully acquire new businesses and, if acquired, to integrate, and implement our plan with respect to businesses we acquire;
problems we may discover post-closing with the operations, including the internal controls and financial reporting process, of businesses we acquire;
uncertainties regarding the financial results of equity method investees, issuers of our investments in marketable equity securities and non-marketable equity securities and changes in the nature of key strategic relationships with partners and joint ventures;
the outcome of litigation, arbitration and other proceedings;
whether pending uncompleted transactions, if any, are completed on the terms and at the times set forth (if at all);
financial community and rating agency perceptions of our business, operations, financial condition and the industry in which we operate;
the impact of pandemics or other health emergencies on the economy and our business;
events that are outside our control, such as political unrest in international markets, terrorist attacks, natural disasters and other similar events; and
the factors described under Item 1A, "Risk Factors" in this Annual Report.
We disclaim any obligation to update or revise the forward-looking statements contained herein, except as otherwise required by applicable federal securities laws.
Part I
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