AMC Networks (AMCX) 10-Q 5 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	1-35106
Entity Registrant Name	AMC Networks Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-5403694
Entity Address, Address Line One	11 Penn Plaza,
Entity Address, City or Town	New York,
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	324-8500
Title of 12(b) Security	Class A Common Stock, par value $0.01 per share
Trading Symbol	AMCX
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001514991
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		31,434,451
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		11,484,408

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 817,344	$ 892,221
Accounts receivable, trade (less allowance for doubtful accounts of $8,028 and $8,030)	744,432	815,444
Current portion of program rights, net	13,794	10,068
Prepaid expenses and other current assets	429,899	282,453
Total current assets	2,005,469	2,000,186
Property and equipment, net of accumulated depreciation of $313,611 and $286,133	213,940	225,791
Program rights, net	1,941,899	1,731,838
Intangible assets, net	374,348	399,434
Goodwill	684,236	709,344
Deferred tax assets, net	12,280	11,334
Operating lease right-of-use assets	111,673	125,866
Other assets	449,794	545,153
Total assets	5,793,639	5,748,946
Current Liabilities:
Accounts payable	153,178	173,207
Accrued liabilities	298,807	340,407
Current portion of program rights obligations	299,830	307,054
Deferred revenue	243,734	167,071
Current portion of long-term debt	33,750	33,750
Current portion of lease obligations	37,076	36,596
Total current liabilities	1,066,375	1,058,085
Program rights obligations	187,197	218,321
Long-term debt, net	2,791,673	2,804,720
Lease obligations	132,548	151,839
Deferred tax liabilities, net	197,977	163,600
Other liabilities	133,697	165,860
Total liabilities	4,509,467	4,562,425
Commitments and contingencies
Redeemable noncontrolling interests	270,726	283,849
Stockholders' equity:
Preferred stock, $0.01 par value, 45,000 shares authorized; none issued	0	0
Paid-in capital	341,403	347,971
Accumulated earnings	2,285,664	2,098,047
Treasury stock, at cost (34,593 and 34,593 shares Class A Common Stock, respectively)	(1,419,882)	(1,419,882)
Accumulated other comprehensive loss	(243,292)	(175,818)
Total AMC Networks stockholders' equity	964,668	851,088
Non-redeemable noncontrolling interests	48,778	51,584
Total stockholders' equity	1,013,446	902,672
Total liabilities and stockholders' equity	5,793,639	5,748,946
Class A Common Stock
Stockholders' equity:
Common stock	660	655
Class B Common Stock
Stockholders' equity:
Common stock	$ 115	$ 115

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Accounts receivable, trade, allowance for doubtful accounts	$ 8,028	$ 8,030
Property and equipment, accumulated depreciation	$ 313,611	$ 286,133
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	45,000,000	45,000,000
Preferred stock, shares issued (in shares)	0	0
Class A Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	360,000,000	360,000,000
Common stock, shares issued (in shares)	66,027,000	65,485,000
Common stock, shares outstanding (in shares)	31,434,000	30,892,000
Treasury stock (in shares)	34,593,000	34,593,000
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	90,000,000	90,000,000
Common stock, shares issued (in shares)	11,484,000	11,484,000
Common stock, shares outstanding (in shares)	11,484,000	11,484,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Revenues, net	$ 738,025,000	$ 771,392,000	$ 1,450,182,000	$ 1,463,133,000
Operating expenses:
Technical and operating (excluding depreciation and amortization)	325,772,000	338,841,000	610,009,000	619,413,000
Selling, general and administrative	231,819,000	198,618,000	462,472,000	390,153,000
Depreciation and amortization	27,231,000	22,604,000	49,821,000	47,850,000
Impairment and other charges	0	142,918,000	0	158,973,000
Restructuring and other related charges	0	155,000	0	8,780,000
Total operating expenses	584,822,000	703,136,000	1,122,302,000	1,225,169,000
Operating income	153,203,000	68,256,000	327,880,000	237,964,000
Other income (expense):
Interest expense	(31,980,000)	(31,519,000)	(62,777,000)	(66,261,000)
Interest income	2,467,000	3,008,000	4,927,000	5,350,000
Loss on extinguishment of debt	0	0	0	(22,074,000)
Miscellaneous, net	(742,000)	14,174,000	5,086,000	19,580,000
Total other expense	(30,255,000)	(14,337,000)	(52,764,000)	(63,405,000)
Income from operations before income taxes	122,948,000	53,919,000	275,116,000	174,559,000
Income tax expense	(33,028,000)	(11,321,000)	(74,662,000)	(37,236,000)
Net income including noncontrolling interests	89,920,000	42,598,000	200,454,000	137,323,000
Net income attributable to noncontrolling interests	(6,491,000)	(6,713,000)	(12,837,000)	(14,417,000)
Net income attributable to AMC Networks' stockholders	$ 83,429,000	$ 35,885,000	$ 187,617,000	$ 122,906,000
Net income per share attributable to AMC Networks' stockholders:
Basic (in dollars per share)	$ 1.93	$ 0.84	$ 4.36	$ 2.91
Diluted (in dollars per share)	$ 1.91	$ 0.83	$ 4.29	$ 2.84
Weighted average common shares:
Basic (in shares)	43,192	42,481	42,987	42,207
Diluted (in shares)	43,679	43,382	43,697	43,277

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income including noncontrolling interests	$ 89,920	$ 42,598	$ 200,454	$ 137,323
Other comprehensive income (loss):
Foreign currency translation adjustment	(51,740)	7,675	(70,333)	(14,349)
Unrealized gain on interest rate swaps	0	598	0	1,208
Other comprehensive income (loss), before income taxes	(51,740)	8,273	(70,333)	(13,141)
Income tax expense	0	(141)	0	(284)
Other comprehensive income (loss), net of income taxes	(51,740)	8,132	(70,333)	(13,425)
Comprehensive income	38,180	50,730	130,121	123,898
Comprehensive income attributable to noncontrolling interests	(4,463)	(6,775)	(9,978)	(14,209)
Comprehensive income attributable to AMC Networks' stockholders	$ 33,717	$ 43,955	$ 120,143	$ 109,689

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Common Stock Class A Common Stock	Common Stock Class B Common Stock	Paid-in Capital	Accumulated Earnings	Treasury Stock	Accumulated Other Comprehensive Loss	AMC Networks Stockholders’ Equity	Noncontrolling Interests
Beginning Balance at Dec. 31, 2020	$ 643,101		$ 646	$ 115	$ 323,425	$ 1,847,451	$ (1,419,882)	$ (134,950)	$ 616,805	$ 26,296
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to AMC Networks’ stockholders	122,906					122,906			122,906
Net income attributable to non-redeemable noncontrolling interests	4,278									4,278
Transfer from redeemable noncontrolling interest	18,367									18,367
Contributions from noncontrolling member	1,140									1,140
Other comprehensive income (loss)	(13,425)							(13,217)	(13,217)	(208)
Share-based compensation expenses	29,708				29,708				29,708
Proceeds from the exercise of stock options	9,795				9,795				9,795
Net share issuances under employee stock plans	(32,328)		7		(32,335)				(32,328)
Ending Balance at Jun. 30, 2021	783,542		653	115	330,593	1,970,357	(1,419,882)	(148,167)	733,669	49,873
Beginning Balance at Mar. 31, 2021	721,561		653	115	314,331	1,934,472	(1,419,882)	(156,237)	673,452	48,109
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to AMC Networks’ stockholders	35,885					35,885			35,885
Net income attributable to non-redeemable noncontrolling interests	3,143									3,143
Distribution to noncontrolling member	(1,441)									(1,441)
Other comprehensive income (loss)	8,132							8,070	8,070	62
Share-based compensation expenses	16,262				16,262				16,262
Ending Balance at Jun. 30, 2021	783,542		653	115	330,593	1,970,357	(1,419,882)	(148,167)	733,669	49,873
Beginning Balance at Dec. 31, 2021	902,672		655	115	347,971	2,098,047	(1,419,882)	(175,818)	851,088	51,584
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to AMC Networks’ stockholders	187,617					187,617			187,617
Net income attributable to non-redeemable noncontrolling interests	4,309									4,309
Purchase of noncontrolling interests, net of tax	(4,363)				(3,066)				(3,066)	(1,297)
Transfer from redeemable noncontrolling interest	18,400
Distribution to noncontrolling member	(2,959)									(2,959)
Other comprehensive income (loss)	(70,333)							(67,474)	(67,474)	(2,859)
Share-based compensation expenses	16,812				16,812				16,812
Net share issuances under employee stock plans	(20,309)	$ 5			(20,314)				(20,309)
Ending Balance at Jun. 30, 2022	1,013,446		660	115	341,403	2,285,664	(1,419,882)	(243,292)	964,668	48,778
Beginning Balance at Mar. 31, 2022	976,978		660	115	335,803	2,202,235	(1,419,882)	(193,580)	925,351	51,627
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income attributable to AMC Networks’ stockholders	83,429					83,429			83,429
Net income attributable to non-redeemable noncontrolling interests	1,870									1,870
Purchase of noncontrolling interests, net of tax	(4,363)				(3,066)				(3,066)	(1,297)
Distribution to noncontrolling member	(1,394)									(1,394)
Other comprehensive income (loss)	(51,740)							(49,712)	(49,712)	(2,028)
Share-based compensation expenses	8,683				8,683				8,683
Net share issuances under employee stock plans	(17)				(17)				(17)
Ending Balance at Jun. 30, 2022	$ 1,013,446		$ 660	$ 115	$ 341,403	$ 2,285,664	$ (1,419,882)	$ (243,292)	$ 964,668	$ 48,778

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income including noncontrolling interests	$ 200,454	$ 137,323
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	49,821	47,850
Impairment and other charges	0	158,973
Share-based compensation expenses related to equity classified awards	16,812	29,709
Non-cash restructuring and other related charges	0	4,329
Amortization of program rights	396,890	333,348
Amortization of deferred carriage fees	16,902	7,633
Unrealized foreign currency transaction gain	(554)	(10,609)
Amortization of deferred financing costs and discounts on indebtedness	3,828	3,923
Loss on extinguishment of debt	0	22,074
Bad debt expense	1,165	3,530
Deferred income taxes	34,115	16,487
Gain on investments	(4,084)	(4,554)
Other, net	(4,955)	(7,776)
Changes in assets and liabilities:
Accounts receivable, trade (including amounts due from related parties, net)	58,410	7,913
Prepaid expenses and other assets	(50,853)	(18,233)
Program rights and obligations, net	(667,492)	(583,480)
Income taxes payable	2,241	(5,472)
Deferred revenue	44,874	1,203
Deferred carriage fees, net	(11,686)	(27,861)
Accounts payable, accrued liabilities and other liabilities	(68,714)	14,857
Net cash provided by operating activities	17,174	131,167
Cash flows from investing activities:
Capital expenditures	(21,554)	(18,849)
Return of capital from investees	1,771	0
Payments for acquisition of a business, net of cash acquired	0	(19,072)
Acquisition of investments	0	(28,397)
Cash paid on distribution of business	0	(7,052)
Principal payment received on loan to investee	0	20,000
Proceeds from sale of investments	9,854	95,370
Net cash provided by (used in) investing activities	(9,929)	42,000
Cash flows from financing activities:
Proceeds from the issuance of long-term debt	0	984,500
Principal payments on long-term debt	(16,875)	(1,015,000)
Deemed repurchases of restricted stock units	(20,309)	(32,327)
Proceeds from stock option exercises	0	9,795
Principal payments on finance lease obligations	(1,663)	(1,984)
Contributions from noncontrolling interests	0	2,702
Distributions to noncontrolling interests	(25,139)	(11,912)
Purchase of noncontrolling interests	(2,500)	0
Net cash used in financing activities	(66,486)	(64,226)
Net increase (decrease) in cash and cash equivalents from operations	(59,241)	108,941
Effect of exchange rate changes on cash and cash equivalents	(15,636)	(16,741)
Cash and cash equivalents at beginning of period	892,221	888,526
Cash and cash equivalents at end of period	$ 817,344	$ 980,726

Description of Business and Bas

Description of Business and Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business AMC Networks Inc. ("AMC Networks") 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: Includes our programming services and AMC Broadcasting & Technology. Our programming services consist of our five national programming networks, our streaming services, our AMC Studios operation and IFC Films. Our national programming networks are AMC, WE tv, BBC AMERICA, IFC, and SundanceTV. Our streaming services consist of our global targeted subscription streaming services (Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE), AMC+ and other streaming initiatives. Our AMC Studios operation produces original programming for our programming networks and also licenses such programming worldwide and IFC Films is our film distribution business. AMC Networks Broadcasting & Technology, our technical services business, primarily services most of the national programming networks. • International and Other : Includes AMC Networks International ("AMCNI"), our international programming businesses consisting of a portfolio of channels around the world, and 25/7 Media, our production services business. Basis of Presentation Principles of Consolidation The consolidated financial statements include the accounts of AMC Networks and its subsidiaries in which a controlling voting interest is maintained or variable interest entities ("VIEs") in which the Company has determined it is the primary beneficiary. All intercompany transactions and balances have been eliminated in consolidation. Investments in business entities in which the Company lacks control but does have the ability to exercise significant influence over 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 accounting principles ("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 ended December 31, 2021 contained in the Company's Annual Report on Form 10-K ("2021 Form 10-K") filed with the SEC. The condensed consolidated financial statements presented in this Quarterly Report on Form 10-Q are unaudited; however, in the opinion of management, such financial statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods presented. The results of operations for interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2022. Risks and Uncertainties The Company continues to monitor the ongoing impact of the COVID-19 pandemic on all aspects of its business. The Company cannot reasonably predict the continuing impact of the COVID-19 pandemic, including the extent of any adverse impact on our business, results of operations and financial condition, which will depend on, among other things, the impact of governmental regulations that have been, and may continue to be, imposed in response to the pandemic, the effectiveness of actions taken to contain or mitigate the outbreak, the acceptance, safety and efficacy of vaccines, and global economic conditions. The Company does not expect the COVID-19 pandemic and its related economic impact to affect its liquidity position or its ongoing ability to meet the covenants in its debt instruments. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that 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. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets and the valuation and recoverability of goodwill and intangible assets. Reclassifications Certain reclassifications were made to the prior period amounts to conform to the current period presentation.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Transaction Price Allocated to Future Performance Obligations As of June 30, 2022, other than contracts for which the Company has applied the practical expedients, the aggregate amount of transaction price allocated to future performance obligations was not material to our consolidated revenues. Contract Balances from Contracts with Customers The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers. (In thousands) June 30, 2022 December 31, 2021 Balances from contracts with customers: Accounts receivable (including long-term receivables within Other assets) $ 986,278 $ 1,106,225 Contract assets, short-term (included in Prepaid expenses and other current assets) 169,653 69,351 Contract assets, long-term (included in Other assets) 2,086 29,323 Contract liabilities, short-term (Deferred revenue) 243,734 167,071 Contract liabilities, long-term (Deferred revenue included in Other liabilities) 58 31,832 Revenue recognized for the six months ended June 30, 2022 and 2021 relating to the contract liability at December 31, 2021 and 2020 was $45.7 million and $17.7 million, respectively .

Net Income per Share

Net Income per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Net Income per Share	Net Income per Share The following is a reconciliation between basic and diluted weighted average common shares outstanding: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Basic weighted average common shares outstanding 43,192 42,481 42,987 42,207 Effect of dilution: Stock options — — — 6 Restricted stock units 487 901 710 1,064 Diluted weighted average common shares outstanding 43,679 43,382 43,697 43,277 As of June 30, 2022 and June 30, 2021, 0.8 million and 0.3 million, respectively, of restricted stock units have been excluded from diluted weighted average common shares outstanding, as their impact would have been anti-dilutive. Stock Repurchase Program The Company's Board of Directors previously authorized a program to repurchase up to $1.5 billion of its outstanding shares of common stock (the "Stock Repurchase Program"). The Stock Repurchase Program has no pre-established closing date and may be suspended or discontinued at any time. For the three and six months ended June 30, 2022 and 2021, the Company did not repurchase any shares of its Class A Common Stock. As of June 30, 2022, the Company had $135.3 million of authorization remaining for repurchase under the Stock Repurchase Program.

Impairment and Other Charges

Impairment and Other Charges	6 Months Ended
	Jun. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Impairment and Other Charges	Impairment and Other Charges There were no impairment and other charges for the three and six months ended June 30, 2022. Impairment and other charges for the three and six months ended June 30, 2021 were $142.9 million and $159.0 million, respectively. On July 16, 2021, the Company entered into a settlement agreement (the “Settlement Agreement”) with Frank Darabont, Ferenc, Inc., Darkwoods Productions, Inc., and Creative Artists Agency, LLC (together, the "Plaintiffs") in actions brought in connection with Frank Darabont’s rendering services as a writer, director and producer of the television series entitled The Walking Dead . The Settlement Agreement provided for a cash payment of $200 million (the “Settlement Payment”) to the Plaintiffs and future revenue sharing related to certain future streaming exhibition of The Walking Dead and Fear The Walking Dead . With regard to the Settlement Payment, the Company recorded a charge of $143.0 million during the second quarter of 2021, included in Impairment and other charges in consideration for the extinguishment of Plaintiffs’ rights to any compensation in connection with The Walking Dead and any related programs and the dismissal of the actions with prejudice, which amount was net of $57.0 million of ordinary c ourse accrued participations. In March 2021, the Company completed a spin-off of the live comedy venue and talent management businesses ("LiveCo") of Levity Entertainment Group, LLC. In connection with the transaction, the Company effectively exchanged all of its rights and interests in LiveCo for the release of the Company's obligations, principally related to leases. As a result of this divestiture, the Company recognized a loss on the disposal of $16.1 million reflecting the net assets transferred (consisting of property and equipment, lease right-of-use assets and intangibles, partially offset by lease and other obligations), which is included in Impairment and other charges. The Company retained its interest in the production services business of Levity Entertainment Group, LLC, which was renamed 25/7 Media Holdings, LLC ("25/7 Media") following the spin-off.

Restructuring and Other Related

Restructuring and Other Related Charges	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Other Related Charges	Restructuring and Other Related Charges There were no restructuring and other related charges for the three and six months ended June 30, 2022. Restructuring and other related charges of $0.2 million and $8.8 million for the three and six months ended June 30, 2021, respectively, consisted of $0.2 million and $4.3 million of severance costs associated with the restructuring plan announced in November 2020 for the three and six months ended June 30, 2021, respectively, and $4.5 million at AMCNI related to the termination of distribution in certain international territories for the six months ended June 30, 2021. The following table summarizes the restructuring and other related charges recognized by operating segment: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2021 2021 Domestic Operations $ 216 $ 2,643 International and Other (17) 4,473 Corporate / Inter-segment eliminations (44) 1,664 Total restructuring and other related charges $ 155 $ 8,780

Program Rights

Program Rights	6 Months Ended
	Jun. 30, 2022
Film, Disclosures [Abstract]
Program Rights	Program Rights Total capitalized produced and licensed content by predominant monetization strategy is as follows: June 30, 2022 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights, net: Completed $ 219,611 $ 301,862 $ 521,473 In-production and in-development 105,010 311,768 416,778 Total owned original program rights, net $ 324,621 $ 613,630 $ 938,251 Licensed program rights, net: Licensed film and acquired series $ 4,932 $ 597,137 $ 602,069 Licensed originals 83,794 208,111 291,905 Advances and content versioning costs — 123,468 123,468 Total licensed program rights, net 88,726 928,716 1,017,442 Program rights, net $ 413,347 $ 1,542,346 $ 1,955,693 Current portion of program rights, net $ 13,794 Program rights, net (long-term) 1,941,899 $ 1,955,693 December 31, 2021 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights, net: Completed $ 185,228 $ 127,470 $ 312,698 In-production and in-development 161,881 264,927 426,808 Total owned original program rights, net $ 347,109 $ 392,397 $ 739,506 Licensed program rights, net: Licensed film and acquired series $ 7,005 $ 620,935 $ 627,940 Licensed originals 61,923 148,063 209,986 Advances and content versioning costs 57,278 107,196 164,474 Total licensed program rights, net 126,206 876,194 1,002,400 Program rights, net $ 473,315 $ 1,268,591 $ 1,741,906 Current portion of program rights, net $ 10,068 Program rights, net (long-term) 1,731,838 $ 1,741,906 Amortization of owned and licensed program rights, included in Technical and operating expenses in the condensed consolidated statements of income, is as follows: Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights $ 44,504 $ 30,381 $ 74,885 $ 94,344 $ 47,316 $ 141,660 Licensed program rights 9,633 119,520 129,153 17,241 237,989 255,230 Program rights amortization $ 54,137 $ 149,901 $ 204,038 $ 111,585 $ 285,305 $ 396,890 Three Months Ended June 30, 2021 Six Months Ended June 30, 2021 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights $ 50,921 $ 7,571 $ 58,492 $ 84,827 $ 12,137 $ 96,964 Licensed program rights 20,865 103,004 123,869 45,885 190,499 236,384 Program rights amortization $ 71,786 $ 110,575 $ 182,361 $ 130,712 $ 202,636 $ 333,348 The Company periodically reviews the programming usefulness of its licensed and owned original program rights based on several factors, including expected future revenue generation from airings on the Company's networks and streaming services and other exploitation opportunities, ratings, type and quality of program material, standards and practices, and fitness for exhibition through various forms of distribution. If it is determined that film or other program rights have limited, or no, future programming usefulness, the useful life is updated, which generally results in a write-off of the unamortized cost to technical and operating expenses in the consolidated statemen ts of income. There were no significant program rights write-offs included in technical and operating expense f

Investments

Investments	6 Months Ended
	Jun. 30, 2022
Investments [Abstract]
Investments	Investments The Company holds several investments in and loans to non-consolidated entities which are included in Other assets in the condensed consolidated balance sheet. Equity method investments were $83.0 million and $93.7 million at June 30, 2022 and December 31, 2021, respectively. Marketable Equity Securities The Company classifies publicly traded investments with readily determinable fair values that are not accounted for under the equity method as marketable equity securities. Marketable equity securities are recorded at cost and adjusted to fair value at each reporting period. The changes in fair value between measurement dates are recorded in miscellaneous, net in the condensed consolidated statement of income. In April 2022, the Company sold its interest in a marketable equity security for $9.9 million. The Company recognized a loss of $0.2 million and a gain of $4.1 million on marketable equity securities for the three and six months ended June 30, 2022, respectively. There were losses of $2.4 million and $7.8 million on marketable equity securities for the three and six months ended June 30, 2021, respectively. There were no investments in marketable equity securities at June 30, 2022 and $5.8 million of investments in marketable equity securities at December 31, 2021. Non-marketable Equity Securities The Company classifies investments without readily determinable fair values that are not accounted for under the equity method as non-marketable equity securities. Investments in non-marketable equity securities were $37.7 million a

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The carrying amount of goodwill, by operating segment is as follows: (In thousands) Domestic Operations International Total December 31, 2021 $ 353,470 $ 355,874 $ 709,344 Purchase accounting adjustments (1,086) — (1,086) Amortization of "second component" goodwill (672) — (672) Foreign currency translation — (23,350) (23,350) June 30, 2022 $ 351,712 $ 332,524 $ 684,236 As of June 30, 2022 and December 31, 2021, accumulated impairment charges in the International and Other segment totaled $123.1 million . The purchase accounting adjustments of $1.1 million to the carrying amount of goodwill in Domestic Operations relate to the acquisition of Sentai Holdings, a global supplier of anime content, including its anime-focused HIDIVE subscription streaming service, for which the allocation of goodwill is preliminary and is based on current estimates and currently available information, and is subject to revision based on final allocation of the purchase price to identifiable assets and liabilities acquired. The reduction of $0.7 million in the carrying amount of goodwill for Domestic Operations is due to the realization of a tax benefit for the amortization of "second component" goodwill at SundanceTV. Second component goodwill is the amount of tax deductible goodwill in excess of goodwill for financial reporting purposes. In accordance with the authoritative guidance at the time of the SundanceTV acquisition, the tax benefits associated with this excess are applied to first reduce the amount of goodwill, and then other intangible assets for financial reporting purposes, if and when such tax benefits are realized in the Company's tax returns. The following tables summarize information relating to the Company's identifiable intangible assets: (In thousands) June 30, 2022 Gross Accumulated Amortization Net Estimated Useful Lives Amortizable intangible assets: Affiliate and customer relationships $ 634,476 $ (358,987) $ 275,489 6 to 25 years Advertiser relationships 46,282 (32,339) 13,943 11 years Trade names and other amortizable intangible assets 108,246 (43,230) 65,016 3 to 20 years Total amortizable intangible assets 789,004 (434,556) 354,448 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 808,904 $ (434,556) $ 374,348 (In thousands) December 31, 2021 Gross Accumulated Amortization Net Amortizable intangible assets: Affiliate and customer relationships $ 649,543 $ (354,673) $ 294,870 Advertiser relationships 46,282 (30,235) 16,047 Trade names and other amortizable intangible assets 111,151 (42,534) 68,617 Total amortizable intangible assets 806,976 (427,442) 379,534 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 826,876 $ (427,442) $ 399,434 Aggregate amortization expense for amortizable intangible assets for the three months ended June 30, 2022 and 2021 was $10.4 million and $9.4 million, respectively, and for the six months ended June 30, 2022 and 2021 was $21.0 million and $18.9 million, respectively. Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is: (In thousands) Years Ending December 31, 2022 $ 41,600 2023 41,428 2024 41,345 2025 39,654 2026 35,152

Accrued Liabilities

Accrued Liabilities	6 Months Ended
	Jun. 30, 2022
Accrued Liabilities, Current [Abstract]
Accrued Liabilities	Accrued Liabilities Accrued liabilities consist of the following: (In thousands) June 30, 2022 December 31, 2021 Employee related costs 91,101 $ 128,388 Participations and residuals 128,496 133,988 Interest 36,950 36,922 Other accrued expenses 42,260 41,109 Total accrued liabilities $ 298,807 $ 340,407

Long-term Debt

Long-term Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt The Company's long-term debt consists of the following: (In thousands) June 30, 2022 December 31, 2021 Senior Secured Credit Facility: (a) Term Loan A Facility $ 658,125 $ 675,000 Senior Notes: 5.00% Notes due April 2024 400,000 400,000 4.75% Notes due August 2025 800,000 800,000 4.25% Notes due February 2029 1,000,000 1,000,000 Total long-term debt 2,858,125 2,875,000 Unamortized discount (20,979) (23,167) Unamortized deferred financing costs (11,723) (13,363) Long-term debt, net 2,825,423 2,838,470 Current portion of long-term debt 33,750 33,750 Noncurrent portion of long-term debt $ 2,791,673 $ 2,804,720 (a) The Company's $500 million revolving credit facility remains undrawn at June 30, 2022. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company. During the six months ended June 30, 2022, the Company repaid a total of $16.9 million of the principal amount of the Term Loan A Facility in accordance with the terms of the agreement.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Leases The following table summarizes the leases included in the condensed consolidated balance sheets as follows: (In thousands) Balance Sheet Location June 30, 2022 December 31, 2021 Assets Operating Operating lease right-of-use assets $ 111,673 $ 125,866 Finance Property and equipment, net 11,531 12,080 Total lease assets $ 123,204 $ 137,946 Liabilities Current: Operating Current portion of lease obligations $ 33,336 $ 32,929 Finance Current portion of lease obligations 3,740 3,667 $ 37,076 $ 36,596 Noncurrent: Operating Lease obligations $ 111,213 128,319 Finance Lease obligations 21,335 23,520 132,548 $ 151,839 Total lease liabilities $ 169,624 $ 188,435
Leases	Leases The following table summarizes the leases included in the condensed consolidated balance sheets as follows: (In thousands) Balance Sheet Location June 30, 2022 December 31, 2021 Assets Operating Operating lease right-of-use assets $ 111,673 $ 125,866 Finance Property and equipment, net 11,531 12,080 Total lease assets $ 123,204 $ 137,946 Liabilities Current: Operating Current portion of lease obligations $ 33,336 $ 32,929 Finance Current portion of lease obligations 3,740 3,667 $ 37,076 $ 36,596 Noncurrent: Operating Lease obligations $ 111,213 128,319 Finance Lease obligations 21,335 23,520 132,548 $ 151,839 Total lease liabilities $ 169,624 $ 188,435

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair Value Measurement The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity's pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level I - Quoted prices for identical instruments in active markets. • Level II - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level III - Instruments whose significant value drivers are unobservable. The following table presents for each of these hierarchy levels, the Company's financial assets and liabilities that are measured at fair value on a recurring basis at June 30, 2022 and December 31, 2021: (In thousands) Level I Level II Level III Total At June 30, 2022: Assets Cash equivalents $ 80,013 $ — $ — $ 80,013 Foreign currency derivatives — 366 — 366 Liabilities Foreign currency derivatives — 8,313 — 8,313 At December 31, 2021: Assets Marketable securities $ 5,771 $ — $ — $ 5,771 Foreign currency derivatives — 196 — 196 Liabilities Foreign currency derivatives — 5,911 — 5,911 The Company's cash equivalents (comprised of money market funds) and marketable securities are classified within Level I of the fair value hierarchy because they are valued using quoted market prices. The Company's foreign currency derivatives are classified within Level II of the fair value hierarchy as their fair values are determined based on a market approach valuation technique that uses readily observable market parameters and the consideration of counterparty risk. At June 30, 2022 and December 31, 2021, the Company did not have any material assets or liabilities measured at fair value on a recurring basis that would be considered Level III. Fair value measurements are also used in nonrecurring valuations performed in connection with acquisition accounting and impairment testing. These nonrecurring valuations primarily include the valuation of program rights, goodwill, intangible assets and property and equipment. All of our nonrecurring valuations use significant unobservable inputs and therefore fall under Level III of the fair value hierarchy. Credit Facility Debt and Senior Notes The fair values of each of the Company's debt instruments are based on quoted market prices for the same or similar issues or on the current rates offered to the Company for instruments of the same remaining maturities. The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows: (In thousands) June 30, 2022 Carrying Estimated Debt instruments: Term loan A facility $ 649,033 $ 651,544 5.00% Notes due April 2024 398,179 387,500 4.75% Notes due August 2025 793,119 740,000 4.25% Notes due February 2029 985,092 805,000 $ 2,825,423 $ 2,584,044 (In thousands) December 31, 2021 Carrying Estimated Debt instruments: Term loan A facility $ 664,581 $ 670,781 5.00% Notes due April 2024 397,693 403,500 4.75% Notes due August 2025 792,098 818,000 4.25% Notes due February 2029 984,098 997,500 $ 2,838,470 $ 2,889,781 Fair value estimates related to the Company's debt instruments presented above are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Foreign Currency Exchange Rate Risk We are exposed to foreign currency risk to the extent that we enter into transactions denominated in currencies other than one of our subsidiaries' respective functional currencies (non-functional currency risk), such as affiliation agreements, programming contracts, certain accounts payable and trade receivables (including intercompany amounts) that are denominated in a currency other than the applicable functional currency. The fair values of the Company's derivative financial instruments included in the condensed consolidated balance sheets are as follows: (In thousands) Balance Sheet Location June 30, 2022 December 31, 2021 Derivatives not designated as hedging instruments: Assets: Foreign currency derivatives Prepaid expenses and other current assets $ 272 $ 180 Foreign currency derivatives Other assets 94 16 Liabilities: Foreign currency derivatives Accrued liabilities $ 3,106 $ 1,686 Foreign currency derivatives Other liabilities 5,207 4,225 The amounts of gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows: (In thousands) Location of Gain or (Loss) Recognized in Earnings on Derivatives Amount of Gain or (Loss) Recognized in Earnings on Derivatives Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Foreign currency derivatives Miscellaneous, net $ (3,204) $ (149) $ (3,761) $ (95)

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income TaxesFor the three and six months ended June 30, 2022, income tax expense was $33.0 million and $74.7 million, respectively, representing an effective tax rate of 27% for both periods. The items resulting in variances from the federal statutory rate of 21% for the three and six months ended June 30, 2022 primarily consist of state and local income tax expense and tax expense for an increase in the valuation allowance for foreign taxes. For the three and six months ended June 30, 2021, income tax expense was $11.3 million and $37.2 million, respectively, representing an effective tax rate of 21% for both periods, which was equal to the federal statutory rate. The effective tax rate for the three months ended June 30, 2021 was impacted by state and local income tax expense and tax expense for an increase in valuation allowances for foreign taxes and U.S. foreign tax, partially offset by a tax benefit from foreign operations. The effective tax rate for the six months ended June 30, 2021 was impacted by a discrete tax benefit for excess tax benefits related to stock compensation, partially offset by state and local income tax expense. At June 30, 2022, the Company had foreign tax credit carry forwards of approximately $42.9 million, expiring on various dates from 2022 through 2032. These carryforwards have been reduced by a valuation allowance of $42.9 million as it is more likely than not that these carry forwards will not be realized. For the six months ended June 30, 2022, $0.5 million relating to amortization of tax deductible second component goodwill was realized as a reduction in tax liability (as determined on a 'with-and-without' approach).

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments As of June 30, 2022, the Company's contractual obligations not reflected on the Company's condensed consolidated balance sheet decreased $76.5 million, as compared to December 31, 2021, to $986.9 million. The decrease primarily relates to payments for program rights. Legal Matters On August 14, 2017, Robert Kirkman, Robert Kirkman, LLC, Glen Mazzara, 44 Strong Productions, Inc., David Alpert, Circle of Confusion Productions, LLC, New Circle of Confusion Productions, Inc., Gale Anne Hurd, and Valhalla Entertainment, Inc. f/k/a Valhalla Motion Pictures, Inc. (together, the "Plaintiffs") filed a complaint in California Superior Court in connection with Plaintiffs’ rendering of services as writers and producers of the television series entitled The Walking Dead, as well as Fear the Walking Dead and/or Talking Dead, and the agreements between the parties related thereto (the "Walking Dead Litigation"). The Plaintiffs asserted that the Company had been improperly underpaying the Plaintiffs under their contracts with the Company and they asserted claims for breach of contract, breach of the implied covenant of good faith and fair dealing, inducing breach of contract, and liability for violation of Cal. Bus. & Prof. Code § 17200. The Plaintiffs sought compensatory and punitive damages and restitution. On August 8, 2019, the judge in the Walking Dead Litigation ordered a trial to resolve certain issues of contract interpretation only. Following eight days of trial in February and March 2020, on July 22, 2020, the judge issued a Statement of Decision finding in the Company's favor on all seven matters of contract interpretation before the court in this first phase trial. On January 20, 2021, the Plaintiffs filed a second amended complaint, eliminating eight named defendants and their claims under Cal. Bus. & Prof. Code § 17200. On May 5, 2021, the Plaintiffs filed a third amended complaint, repleading in part their claims for alleged breach of the implied covenant of good faith and fair dealing, inducing breach of contract, and certain breach of contract claims. On June 2, 2021, the Company filed a demurrer and motion to strike seeking to dismiss the claim for breach of the implied covenant of good faith and fair dealing and certain tort and breach of contract claims asserted in the third amended complaint. On July 27, 2021, the court granted in part and denied in part the Company's motion. On January 12, 2022, the Company filed a motion for summary adjudication of many of the remaining claims. On April 6, 2022, the court granted the Company’s summary adjudication motion in part, dismissing the Plaintiffs’ claims for breach of the implied covenant of good faith and fair dealing and inducing breach of contract. A trial of the two remaining claims is currently scheduled for January 2023. The Company believes the two remaining claims in the case for breach of contract are without merit and is continuing to defend against them. At this time, no determination can be made as to the ultimate outcome of this litigation or the potential liability, if any, on the part of the Company. The Company is party to various lawsuits and claims in the ordinary course of business, including the matters described above. Although the outcome of these matters cannot be predicted with certainty and while the impact of these matters on the Company's results of operations in any particular subsequent reporting period could be material, management does not believe that the resolution of these matters will have a material adverse effect on the financial position of the Company or the ability of the Company to meet its financial obligations as they become due.

Equity Plans

Equity Plans	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Equity Plans	Equity Plans In June 2022, AMC Networks granted 51,044 restricted stock units ("RSUs") under the 2011 Stock Plan for Non-Employee Directors to non-employee directors that vested on the date of grant. In March 2022, AMC Networks granted 628,508 RSUs to certain executive officers and employees under the AMC Networks Inc. Amended and Restated 2016 Employee Stock Plan. The RSUs vest ratably over a three-year period. During the three months ended June 30, 2022, 1,270 RSUs of AMC Networks Class A Common Stock previously issued to employees of the Company vested. On the vesting dat e, 441 RSUs were surrendered to the Company to cover the required statutory tax withholding obligations an d 829 RSU new shares of AMC Networks Class A Common Stock were issued. During the six months ended June 30, 2022, 616,091 RSUs and 344,157 performance restricted stock units ("PRSUs") of AMC Networks Class A Common Stock previously issued to employees of the Company vested. On the vesting dat e, 262,386 RSUs and 155,103 PRSUs were surrendered to the Company to cover the required statutory tax withholding obligations an d 353,705 RSU and 189,054 PRS U new shares of AMC Networks Class A Common Stock were issued. Units are surrendered to satisfy the employees' statutory minimu m tax withholding obligations for the applicable income and other employment tax. All units surrendered during the six months ended June 30, 2022 h ad an aggregate value of $20.3 million , which has been reflected as a financing activity in the condensed consolidated statement of cash flows for the six months ended June 30, 2022. Share-based compensation expenses included in selling, general and administrative expenses were $8.7 million and $16.8 million for the three and six months ended June 30, 2022, respectively and $16.3 million and $29.7 million for the three and six months ended June 30, 2021, respectively. As of June 30, 2022, there was $35.3 million of total unrecognized share-based compensation cost related to outstanding unvested share-based awards. The unrecognized compensation cost is expected to be recognized over a weighted-average remaining period of approximately 2.2 years .

Noncontrolling Interests

Noncontrolling Interests	6 Months Ended
	Jun. 30, 2022
Noncontrolling Interest [Abstract]
Noncontrolling Interests	Noncontrolling Interests Redeemable Noncontrolling Interests The following table summarizes activity related to redeemable noncontrolling interest for the six months ended June 30, 2022 and 2021: (In thousands) Six Months Ended June 30, 2022 December 31, 2021 $ 283,849 Net earnings 8,528 Distributions (22,180) Other 529 June 30, 2022 $ 270,726 (In thousands) Six Months Ended June 30, 2021 December 31, 2020 $ 315,649 Net earnings 10,139 Distributions (10,351) Distribution related to spin-off transaction (8,040) Transfer to noncontrolling interest (18,367) June 30, 2021 $ 289,030 In connection with the spin-off of the live comedy venue and talent management businesses of Levity Entertainment Group, LLC (see Note 4), $8.0 million of redeemable noncontrolling interests was distributed to the noncontrolling partners. In addition, as part of the transaction, the preexisting put rights of the noncontrolling interest holders were terminated. Accordingly, the remaining $18.4 million of noncontrolling interests was transferred from Redeemable noncontrolling interests to Noncontrolling interests in the condensed consolidated balance sheet. Non-redeemable Noncontrolling Interests

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions The Company and its related parties routinely enter into transactions with each other in the ordinary course of business. Revenues, net from related parties amounted to $1.2 million and $1.3 million for the three months ended June 30, 2022 and 2021, respectively, and $2.5 million for the six months ended June 30, 2022 and 2021. Amounts charged to the Company, included in selling, general and administrative expenses, pursuant to transactions with its related parties amounted to $0.7 million and $0.5 million for the three months ended June 30, 2022 and 2021, respectively, and $1.3 million and $1.0 million for the six months ended June 30, 2022 and 2021, respectively. As disclosed in Note 20 of the Company’s 2021 Annual Report on Form 10-K, from time to time the Company enters into arrangements with 605, LLC. James L. Dolan, the Non-Executive Chairman and a director of the Company, and his spouse, Kristin A. Dolan, a director of the Company, own 50% of 605, LLC. Kristin A. Dolan is also the founder and Chief Executive Officer of 605, LLC. 605, LLC provides audience measurement and data analytics services to the Company and its subsidiaries pursuant to a Master Services Agreement dated February 8, 2019 (the “Master Services Agreement"). On August 1, 2022, the Audit Committee authorized the Company to enter into a Statement of Work for Strategic Analytic Services (the “Statement of Work”) with 605, LLC under the Master Services Agreement. The fees payable to 605, LLC by the Company for these services are $10.5 million payable in five installments with the first payment due upon execution of the agreement. The initial term of the Statement of Work is August 1, 2022 to December 31, 2022, which term is automatically extended to June 30, 2023 unless terminated by either party on 30 days’ notice prior to December 31, 2022.

Cash Flows

Cash Flows	6 Months Ended
	Jun. 30, 2022
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Cash Flows	Cash Flows The Company's non-cash investing and financing activities and other supplemental data are as follows: (In thousands) Six Months Ended June 30, 2022 2021 Non-Cash Investing and Financing Activities: Capital expenditures incurred but not yet paid $ 6,002 $ 1,758 Contingent consideration for purchase of noncontrolling interests 2,806 — Supplemental Data: Cash interest paid 58,539 54,207 Income taxes paid, net 33,793 45,058

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information	Segment Information The Company classifies its operations into two operating segments: Domestic Operations and International and Other. These operating segments represent strategic business units that are managed separately. The Company evaluates segment performance based on several factors, of which the primary financial measure is operating segment adjusted operating income ("AOI"). The Company defines AOI as operating income (loss) before depreciation and amortization, cloud computing amortization, share-based compensation expenses or benefit, impairment and other charges (including gains or losses on sales or dispositions of businesses), restructuring and other related charges and including the Company’s proportionate share of adjusted operating income (loss) from majority-owned equity method investees. The Company has presented the components that reconcile adjusted operating income to operating income, and other information as to the continuing operations of the Company's operating segments below. (In thousands) Three Months Ended June 30, 2022 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 347,024 $ 56,702 $ — $ 403,726 Content licensing and other 72,426 47,335 (8,848) 110,913 Distribution and other 419,450 104,037 (8,848) 514,639 Advertising 201,652 21,734 — 223,386 Consolidated revenues, net $ 621,102 $ 125,771 $ (8,848) $ 738,025 Operating income (loss) $ 188,812 $ 14,087 $ (49,696) $ 153,203 Share-based compensation expenses 3,172 467 5,044 8,683 Depreciation and amortization 13,439 4,633 9,159 27,231 Cloud computing amortization 5 — 2,359 2,364 Majority-owned equity investees AOI 4,061 — — 4,061 Adjusted operating income (loss) $ 209,489 $ 19,187 $ (33,134) $ 195,542 (In thousands) Three Months Ended June 30, 2021 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 343,056 $ 62,924 $ — 405,980 Content licensing and other 83,677 49,386 (5,900) 127,163 Distribution and other 426,733 112,310 (5,900) 533,143 Advertising 212,282 25,967 — 238,249 Consolidated revenues, net $ 639,015 $ 138,277 $ (5,900) $ 771,392 Operating income (loss) $ 88,116 $ 19,963 $ (39,823) 68,256 Share-based compensation expenses 7,292 913 8,057 16,262 Depreciation and amortization 11,716 4,328 6,560 22,604 Impairment charges 143,000 (82) — 142,918 Restructuring and other related charges 216 (17) (44) 155 Cloud computing amortization — — 642 642 Majority-owned equity investees AOI (200) — — (200) Adjusted operating income (loss) $ 250,140 $ 25,105 $ (24,608) $ 250,637 (In thousands) Six Months Ended June 30, 2022 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 690,772 $ 117,114 $ — $ 807,886 Content licensing and other 133,680 74,389 (12,085) 195,984 Distribution and other 824,452 191,503 (12,085) 1,003,870 Advertising 402,193 44,119 — 446,312 Consolidated revenues, net $ 1,226,645 $ 235,622 $ (12,085) $ 1,450,182 Operating income (loss) $ 387,334 $ 31,442 $ (90,896) $ 327,880 Share-based compensation expenses 6,845 1,221 8,746 16,812 Depreciation and amortization 25,575 9,536 14,710 49,821 Cloud computing amortization 12 — 3,259 3,271 Majority-owned equity investees AOI 8,942 — — 8,942 Adjusted operating income (loss) $ 428,708 $ 42,199 $ (64,181) $ 406,726 (In thousands) Six Months Ended June 30, 2021 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 661,888 $ 125,952 $ — $ 787,840 Content licensing and other 139,672 85,954 (9,295) 216,331 Distribution and other 801,560 $ 211,906 (9,295) $ 1,004,171 Advertising 411,424 47,538 — 458,962 Consolidated revenues, net $ 1,212,984 $ 259,444 $ (9,295) $ 1,463,133 Operating income (loss) $ 304,575 $ 16,801 $ (83,412) $ 237,964 Share-based compensation expenses 12,931 2,144 14,633 29,708 Depreciation and amortization 25,089 9,277 13,484 47,850 Impairment and other charges 143,000 15,973 — 158,973 Restructuring and other related charges 2,643 4,473 1,664 8,780 Cloud computing amortization — — 906 906 Majority-owned equity investees AOI 4,435 — — 4,435 Adjusted operating income (loss) $ 492,673 $ 48,668 $ (52,725) $ 488,616 Corporate overhead costs not allocated to the segments include such costs as executive salaries and benefits, costs of maintaining corporate headquarters, facilities and common support functions (such as human resources, legal, finance, strategic planning and information technology). Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments. (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Inter-segment revenues Domestic Operations $ (7,442) $ (6,256) $ (10,444) $ (6,926) International and Other (1,406) 356 (1,641) (2,369) $ (8,848) $ (5,900) $ (12,085) $ (9,295) The table below summarizes revenues based on customer location: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Revenues United States $ 600,226 $ 612,326 $ 1,191,434 $ 1,189,474 Europe 97,146 119,555 180,071 201,591 Other 40,653 39,511 78,677 72,068 $ 738,025 $ 771,392 $ 1,450,182 $ 1,463,133 The table below summarizes property and equipment based on asset location: (In thousands) June 30, 2022 December 31, 2021 Property and equipment, net United States $ 200,586 $ 210,252 Europe 12,242 14,510 Other 1,112 1,029 $ 213,940 $ 225,791

Description of Business and B_2

Description of Business and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of AMC Networks and its subsidiaries in which a controlling voting interest is maintained or variable interest entities ("VIEs") in which the Company has determined it is the primary beneficiary. All intercompany transactions and balances have been eliminated in consolidation.
Unaudited Interim Financial Statements	Unaudited Interim Financial Statements These condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles ("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 ended December 31, 2021 contained in the Company's Annual Report on Form 10-K ("2021 Form 10-K") filed with the SEC. The condensed consolidated financial statements presented in this Quarterly Report on Form 10-Q are unaudited; however, in the opinion of management, such financial statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods presented. The results of operations for interim periods are not necessarily indicative of the results that might be expected for future interim periods or for the full year ending December 31, 2022.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that 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. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets and the valuation and recoverability of goodwill and intangible assets.
Reclassifications	Reclassifications Certain reclassifications were made to the prior period amounts to conform to the current period presentation.
Program Rights	other exploitation opportunities, ratings, type and quality of program material, standards and practices, and fitness for exhibition through various forms of distribution. If it is determined that film or other program rights have limited, or no, future programming usefulness, the useful life is updated, which generally results in a write-off of the unamortized cost to technical and operating expenses in the consolidated statements of income.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Contract with Customer, Asset and Liability	The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers. (In thousands) June 30, 2022 December 31, 2021 Balances from contracts with customers: Accounts receivable (including long-term receivables within Other assets) $ 986,278 $ 1,106,225 Contract assets, short-term (included in Prepaid expenses and other current assets) 169,653 69,351 Contract assets, long-term (included in Other assets) 2,086 29,323 Contract liabilities, short-term (Deferred revenue) 243,734 167,071 Contract liabilities, long-term (Deferred revenue included in Other liabilities) 58 31,832

Net Income per Share (Tables)

Net Income per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The following is a reconciliation between basic and diluted weighted average common shares outstanding: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Basic weighted average common shares outstanding 43,192 42,481 42,987 42,207 Effect of dilution: Stock options — — — 6 Restricted stock units 487 901 710 1,064 Diluted weighted average common shares outstanding 43,679 43,382 43,697 43,277

Restructuring and Other Relat_2

Restructuring and Other Related Charges (Tables)	6 Months Ended
	Jun. 30, 2022
Restructuring and Related Activities [Abstract]
Schedule of Summary of Accrued Restructuring Costs	The following table summarizes the restructuring and other related charges recognized by operating segment: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2021 2021 Domestic Operations $ 216 $ 2,643 International and Other (17) 4,473 Corporate / Inter-segment eliminations (44) 1,664 Total restructuring and other related charges $ 155 $ 8,780

Program Rights (Tables)

Program Rights (Tables)	6 Months Ended
	Jun. 30, 2022
Film, Disclosures [Abstract]
Schedule of Program Rights by Predominant Monetization Strategy	Total capitalized produced and licensed content by predominant monetization strategy is as follows: June 30, 2022 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights, net: Completed $ 219,611 $ 301,862 $ 521,473 In-production and in-development 105,010 311,768 416,778 Total owned original program rights, net $ 324,621 $ 613,630 $ 938,251 Licensed program rights, net: Licensed film and acquired series $ 4,932 $ 597,137 $ 602,069 Licensed originals 83,794 208,111 291,905 Advances and content versioning costs — 123,468 123,468 Total licensed program rights, net 88,726 928,716 1,017,442 Program rights, net $ 413,347 $ 1,542,346 $ 1,955,693 Current portion of program rights, net $ 13,794 Program rights, net (long-term) 1,941,899 $ 1,955,693 December 31, 2021 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights, net: Completed $ 185,228 $ 127,470 $ 312,698 In-production and in-development 161,881 264,927 426,808 Total owned original program rights, net $ 347,109 $ 392,397 $ 739,506 Licensed program rights, net: Licensed film and acquired series $ 7,005 $ 620,935 $ 627,940 Licensed originals 61,923 148,063 209,986 Advances and content versioning costs 57,278 107,196 164,474 Total licensed program rights, net 126,206 876,194 1,002,400 Program rights, net $ 473,315 $ 1,268,591 $ 1,741,906 Current portion of program rights, net $ 10,068 Program rights, net (long-term) 1,731,838 $ 1,741,906
Schedule of Amortization of Owned and Licensed Program Rights	Amortization of owned and licensed program rights, included in Technical and operating expenses in the condensed consolidated statements of income, is as follows: Three Months Ended June 30, 2022 Six Months Ended June 30, 2022 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights $ 44,504 $ 30,381 $ 74,885 $ 94,344 $ 47,316 $ 141,660 Licensed program rights 9,633 119,520 129,153 17,241 237,989 255,230 Program rights amortization $ 54,137 $ 149,901 $ 204,038 $ 111,585 $ 285,305 $ 396,890 Three Months Ended June 30, 2021 Six Months Ended June 30, 2021 (In thousands) Predominantly Monetized Individually Predominantly Monetized as a Group Total Predominantly Monetized Individually Predominantly Monetized as a Group Total Owned original program rights $ 50,921 $ 7,571 $ 58,492 $ 84,827 $ 12,137 $ 96,964 Licensed program rights 20,865 103,004 123,869 45,885 190,499 236,384 Program rights amortization $ 71,786 $ 110,575 $ 182,361 $ 130,712 $ 202,636 $ 333,348

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The carrying amount of goodwill, by operating segment is as follows: (In thousands) Domestic Operations International Total December 31, 2021 $ 353,470 $ 355,874 $ 709,344 Purchase accounting adjustments (1,086) — (1,086) Amortization of "second component" goodwill (672) — (672) Foreign currency translation — (23,350) (23,350) June 30, 2022 $ 351,712 $ 332,524 $ 684,236
Schedule of Finite-Lived Intangible Assets	The following tables summarize information relating to the Company's identifiable intangible assets: (In thousands) June 30, 2022 Gross Accumulated Amortization Net Estimated Useful Lives Amortizable intangible assets: Affiliate and customer relationships $ 634,476 $ (358,987) $ 275,489 6 to 25 years Advertiser relationships 46,282 (32,339) 13,943 11 years Trade names and other amortizable intangible assets 108,246 (43,230) 65,016 3 to 20 years Total amortizable intangible assets 789,004 (434,556) 354,448 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 808,904 $ (434,556) $ 374,348 (In thousands) December 31, 2021 Gross Accumulated Amortization Net Amortizable intangible assets: Affiliate and customer relationships $ 649,543 $ (354,673) $ 294,870 Advertiser relationships 46,282 (30,235) 16,047 Trade names and other amortizable intangible assets 111,151 (42,534) 68,617 Total amortizable intangible assets 806,976 (427,442) 379,534 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 826,876 $ (427,442) $ 399,434
Schedule of Indefinite-Lived Intangible Assets	The following tables summarize information relating to the Company's identifiable intangible assets: (In thousands) June 30, 2022 Gross Accumulated Amortization Net Estimated Useful Lives Amortizable intangible assets: Affiliate and customer relationships $ 634,476 $ (358,987) $ 275,489 6 to 25 years Advertiser relationships 46,282 (32,339) 13,943 11 years Trade names and other amortizable intangible assets 108,246 (43,230) 65,016 3 to 20 years Total amortizable intangible assets 789,004 (434,556) 354,448 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 808,904 $ (434,556) $ 374,348 (In thousands) December 31, 2021 Gross Accumulated Amortization Net Amortizable intangible assets: Affiliate and customer relationships $ 649,543 $ (354,673) $ 294,870 Advertiser relationships 46,282 (30,235) 16,047 Trade names and other amortizable intangible assets 111,151 (42,534) 68,617 Total amortizable intangible assets 806,976 (427,442) 379,534 Indefinite-lived intangible assets: Trademarks 19,900 — 19,900 Total intangible assets $ 826,876 $ (427,442) $ 399,434
Schedule of Estimated Amortization Expense	Estimated aggregate amortization expense for intangible assets subject to amortization for each of the following five years is: (In thousands) Years Ending December 31, 2022 $ 41,600 2023 41,428 2024 41,345 2025 39,654 2026 35,152

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Accrued Liabilities, Current [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consist of the following: (In thousands) June 30, 2022 December 31, 2021 Employee related costs 91,101 $ 128,388 Participations and residuals 128,496 133,988 Interest 36,950 36,922 Other accrued expenses 42,260 41,109 Total accrued liabilities $ 298,807 $ 340,407

Long-term Debt (Tables)

Long-term Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-Term Debt Instruments	The Company's long-term debt consists of the following: (In thousands) June 30, 2022 December 31, 2021 Senior Secured Credit Facility: (a) Term Loan A Facility $ 658,125 $ 675,000 Senior Notes: 5.00% Notes due April 2024 400,000 400,000 4.75% Notes due August 2025 800,000 800,000 4.25% Notes due February 2029 1,000,000 1,000,000 Total long-term debt 2,858,125 2,875,000 Unamortized discount (20,979) (23,167) Unamortized deferred financing costs (11,723) (13,363) Long-term debt, net 2,825,423 2,838,470 Current portion of long-term debt 33,750 33,750 Noncurrent portion of long-term debt $ 2,791,673 $ 2,804,720 (a) The Company's $500 million revolving credit facility remains undrawn at June 30, 2022. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Schedule of Summary of Leases Included in the Consolidated Balance Sheets	The following table summarizes the leases included in the condensed consolidated balance sheets as follows: (In thousands) Balance Sheet Location June 30, 2022 December 31, 2021 Assets Operating Operating lease right-of-use assets $ 111,673 $ 125,866 Finance Property and equipment, net 11,531 12,080 Total lease assets $ 123,204 $ 137,946 Liabilities Current: Operating Current portion of lease obligations $ 33,336 $ 32,929 Finance Current portion of lease obligations 3,740 3,667 $ 37,076 $ 36,596 Noncurrent: Operating Lease obligations $ 111,213 128,319 Finance Lease obligations 21,335 23,520 132,548 $ 151,839 Total lease liabilities $ 169,624 $ 188,435

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following table presents for each of these hierarchy levels, the Company's financial assets and liabilities that are measured at fair value on a recurring basis at June 30, 2022 and December 31, 2021: (In thousands) Level I Level II Level III Total At June 30, 2022: Assets Cash equivalents $ 80,013 $ — $ — $ 80,013 Foreign currency derivatives — 366 — 366 Liabilities Foreign currency derivatives — 8,313 — 8,313 At December 31, 2021: Assets Marketable securities $ 5,771 $ — $ — $ 5,771 Foreign currency derivatives — 196 — 196 Liabilities Foreign currency derivatives — 5,911 — 5,911
Schedule of Carrying Values and Fair Values of the Company's Financial Instruments	The carrying values and estimated fair values of the Company's financial instruments, excluding those that are carried at fair value in the condensed consolidated balance sheets, are summarized as follows: (In thousands) June 30, 2022 Carrying Estimated Debt instruments: Term loan A facility $ 649,033 $ 651,544 5.00% Notes due April 2024 398,179 387,500 4.75% Notes due August 2025 793,119 740,000 4.25% Notes due February 2029 985,092 805,000 $ 2,825,423 $ 2,584,044 (In thousands) December 31, 2021 Carrying Estimated Debt instruments: Term loan A facility $ 664,581 $ 670,781 5.00% Notes due April 2024 397,693 403,500 4.75% Notes due August 2025 792,098 818,000 4.25% Notes due February 2029 984,098 997,500 $ 2,838,470 $ 2,889,781

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Instruments Included in Balance Sheets	The fair values of the Company's derivative financial instruments included in the condensed consolidated balance sheets are as follows: (In thousands) Balance Sheet Location June 30, 2022 December 31, 2021 Derivatives not designated as hedging instruments: Assets: Foreign currency derivatives Prepaid expenses and other current assets $ 272 $ 180 Foreign currency derivatives Other assets 94 16 Liabilities: Foreign currency derivatives Accrued liabilities $ 3,106 $ 1,686 Foreign currency derivatives Other liabilities 5,207 4,225
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The amounts of gains and losses related to the Company's derivative financial instruments not designated as hedging instruments are as follows: (In thousands) Location of Gain or (Loss) Recognized in Earnings on Derivatives Amount of Gain or (Loss) Recognized in Earnings on Derivatives Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Foreign currency derivatives Miscellaneous, net $ (3,204) $ (149) $ (3,761) $ (95)

Noncontrolling Interests (Table

Noncontrolling Interests (Tables)	6 Months Ended
	Jun. 30, 2022
Noncontrolling Interest [Abstract]
Schedule of Redeemable Noncontrolling Interest	The following table summarizes activity related to redeemable noncontrolling interest for the six months ended June 30, 2022 and 2021: (In thousands) Six Months Ended June 30, 2022 December 31, 2021 $ 283,849 Net earnings 8,528 Distributions (22,180) Other 529 June 30, 2022 $ 270,726 (In thousands) Six Months Ended June 30, 2021 December 31, 2020 $ 315,649 Net earnings 10,139 Distributions (10,351) Distribution related to spin-off transaction (8,040) Transfer to noncontrolling interest (18,367) June 30, 2021 $ 289,030

Cash Flows (Tables)

Cash Flows (Tables)	6 Months Ended
	Jun. 30, 2022
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Schedule of Summary of Non-Cash Activities and Other Supplemental Data	The Company's non-cash investing and financing activities and other supplemental data are as follows: (In thousands) Six Months Ended June 30, 2022 2021 Non-Cash Investing and Financing Activities: Capital expenditures incurred but not yet paid $ 6,002 $ 1,758 Contingent consideration for purchase of noncontrolling interests 2,806 — Supplemental Data: Cash interest paid 58,539 54,207 Income taxes paid, net 33,793 45,058

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Summary of Continuing Operations by Reportable Segment	The Company has presented the components that reconcile adjusted operating income to operating income, and other information as to the continuing operations of the Company's operating segments below. (In thousands) Three Months Ended June 30, 2022 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 347,024 $ 56,702 $ — $ 403,726 Content licensing and other 72,426 47,335 (8,848) 110,913 Distribution and other 419,450 104,037 (8,848) 514,639 Advertising 201,652 21,734 — 223,386 Consolidated revenues, net $ 621,102 $ 125,771 $ (8,848) $ 738,025 Operating income (loss) $ 188,812 $ 14,087 $ (49,696) $ 153,203 Share-based compensation expenses 3,172 467 5,044 8,683 Depreciation and amortization 13,439 4,633 9,159 27,231 Cloud computing amortization 5 — 2,359 2,364 Majority-owned equity investees AOI 4,061 — — 4,061 Adjusted operating income (loss) $ 209,489 $ 19,187 $ (33,134) $ 195,542 (In thousands) Three Months Ended June 30, 2021 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 343,056 $ 62,924 $ — 405,980 Content licensing and other 83,677 49,386 (5,900) 127,163 Distribution and other 426,733 112,310 (5,900) 533,143 Advertising 212,282 25,967 — 238,249 Consolidated revenues, net $ 639,015 $ 138,277 $ (5,900) $ 771,392 Operating income (loss) $ 88,116 $ 19,963 $ (39,823) 68,256 Share-based compensation expenses 7,292 913 8,057 16,262 Depreciation and amortization 11,716 4,328 6,560 22,604 Impairment charges 143,000 (82) — 142,918 Restructuring and other related charges 216 (17) (44) 155 Cloud computing amortization — — 642 642 Majority-owned equity investees AOI (200) — — (200) Adjusted operating income (loss) $ 250,140 $ 25,105 $ (24,608) $ 250,637 (In thousands) Six Months Ended June 30, 2022 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 690,772 $ 117,114 $ — $ 807,886 Content licensing and other 133,680 74,389 (12,085) 195,984 Distribution and other 824,452 191,503 (12,085) 1,003,870 Advertising 402,193 44,119 — 446,312 Consolidated revenues, net $ 1,226,645 $ 235,622 $ (12,085) $ 1,450,182 Operating income (loss) $ 387,334 $ 31,442 $ (90,896) $ 327,880 Share-based compensation expenses 6,845 1,221 8,746 16,812 Depreciation and amortization 25,575 9,536 14,710 49,821 Cloud computing amortization 12 — 3,259 3,271 Majority-owned equity investees AOI 8,942 — — 8,942 Adjusted operating income (loss) $ 428,708 $ 42,199 $ (64,181) $ 406,726 (In thousands) Six Months Ended June 30, 2021 Domestic Operations International Corporate / Inter-segment Consolidated Revenues, net Subscription $ 661,888 $ 125,952 $ — $ 787,840 Content licensing and other 139,672 85,954 (9,295) 216,331 Distribution and other 801,560 $ 211,906 (9,295) $ 1,004,171 Advertising 411,424 47,538 — 458,962 Consolidated revenues, net $ 1,212,984 $ 259,444 $ (9,295) $ 1,463,133 Operating income (loss) $ 304,575 $ 16,801 $ (83,412) $ 237,964 Share-based compensation expenses 12,931 2,144 14,633 29,708 Depreciation and amortization 25,089 9,277 13,484 47,850 Impairment and other charges 143,000 15,973 — 158,973 Restructuring and other related charges 2,643 4,473 1,664 8,780 Cloud computing amortization — — 906 906 Majority-owned equity investees AOI 4,435 — — 4,435 Adjusted operating income (loss) $ 492,673 $ 48,668 $ (52,725) $ 488,616
Schedule of Summary of Inter-Segment Eliminations	Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments. (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Inter-segment revenues Domestic Operations $ (7,442) $ (6,256) $ (10,444) $ (6,926) International and Other (1,406) 356 (1,641) (2,369) $ (8,848) $ (5,900) $ (12,085) $ (9,295)
Schedule of Revenue by Geographic Area	The table below summarizes revenues based on customer location: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Revenues United States $ 600,226 $ 612,326 $ 1,191,434 $ 1,189,474 Europe 97,146 119,555 180,071 201,591 Other 40,653 39,511 78,677 72,068 $ 738,025 $ 771,392 $ 1,450,182 $ 1,463,133
Schedule of Disclosure on Geographic Areas, Long-Lived Assets	The table below summarizes property and equipment based on asset location: (In thousands) June 30, 2022 December 31, 2021 Property and equipment, net United States $ 200,586 $ 210,252 Europe 12,242 14,510 Other 1,112 1,029 $ 213,940 $ 225,791

Description of Business and B_3

Description of Business and Basis of Presentation (Narrative) (Details)	6 Months Ended
	Jun. 30, 2022 segment network
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments | segment	2
Number of national programming networks | network	5

Revenue Recognition (Contract w

Revenue Recognition (Contract with Customer, Asset and Liability) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Accounts receivable (including long-term receivables within Other assets)	$ 986,278	$ 1,106,225
Contract assets, short-term (included in Prepaid expenses and other current assets)	169,653	69,351
Contract assets, long-term (included in Other assets)	2,086	29,323
Contract liabilities, short-term (Deferred revenue)	243,734	167,071
Contract liabilities, long-term (Deferred revenue included in Other liabilities)	$ 58	$ 31,832

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 45.7	$ 17.7

Net Income per Share (Reconcili

Net Income per Share (Reconciliation Between Basic and Diluted Weighted Average Shares Outstanding) (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Basic weighted average common shares outstanding (in shares)	43,192	42,481	42,987	42,207
Effect of dilution:
Diluted weighted average common shares outstanding (in shares)	43,679	43,382	43,697	43,277
Stock options
Effect of dilution:
Effect of dilution (in shares)	0	0	0	6
Restricted stock units
Effect of dilution:
Effect of dilution (in shares)	487	901	710	1,064

Net Income per Share (Narrative

Net Income per Share (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from EPS (in shares)			800,000	300,000
Amount authorized under stock repurchase program	$ 1,500,000,000		$ 1,500,000,000
Available for repurchase under the stock repurchase program	$ 135,300,000		$ 135,300,000
Class A Common Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of shares repurchased (in shares)	0	0	0	0

Impairment and Other Charges (D

Impairment and Other Charges (Details) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 16, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Derivative [Line Items]
Impairment and other charges			$ 0	$ 142,918	$ 0	$ 158,973
Plaintiffs
Derivative [Line Items]
Loss contingency, damages awarded, value	$ 200,000
Litigation settlement, expense				$ 143,000
Loss contingency accrual	$ 57,000
Spinoff
Derivative [Line Items]
Loss on disposal		$ 16,100

Restructuring and Other Relat_3

Restructuring and Other Related Charges (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	$ 0	$ 155,000	$ 0	$ 8,780,000
Management Changes
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges		200,000		8,800,000
Management Changes | A M C N I Reporting Unit
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges				4,500,000
Management Changes | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges		$ 200,000		$ 4,300,000

Restructuring and Other Relat_4

Restructuring and Other Related Charges (Restructuring and Related Costs) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring Cost and Reserve [Line Items]
Total restructuring and other related charges	$ 0	$ 155,000	$ 0	$ 8,780,000
Operating Segments | Domestic Operations
Restructuring Cost and Reserve [Line Items]
Total restructuring and other related charges		216,000		2,643,000
Operating Segments | International and Other
Restructuring Cost and Reserve [Line Items]
Total restructuring and other related charges		(17,000)		4,473,000
Corporate / Inter-segment eliminations
Restructuring Cost and Reserve [Line Items]
Total restructuring and other related charges		$ (44,000)		$ 1,664,000

Program Rights (Program Rights

Program Rights (Program Rights by Predominant Monetization Strategy) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Predominantly Monetized Individually
Completed	$ 219,611	$ 185,228
In-production and in-development	105,010	161,881
Total owned original program rights, net	324,621	347,109
Licensed film and acquired series	4,932	7,005
Licensed originals	83,794	61,923
Advances and content versioning costs	0	57,278
Total licensed program rights, net	88,726	126,206
Program rights, net	413,347	473,315
Predominantly Monetized as a Group
Completed	301,862	127,470
In-production and in-development	311,768	264,927
Total owned original program rights, net	613,630	392,397
Licensed film and acquired series	597,137	620,935
Licensed originals	208,111	148,063
Advances and content versioning costs	123,468	107,196
Total licensed program rights, net	928,716	876,194
Program rights, net	1,542,346	1,268,591
Total
Completed	521,473	312,698
In-production and in-development	416,778	426,808
Total owned original program rights, net	938,251	739,506
Licensed film and acquired series	602,069	627,940
Licensed originals	291,905	209,986
Advances and content versioning costs	123,468	164,474
Total licensed program rights, net	1,017,442	1,002,400
Program rights, net	1,955,693	1,741,906
Current portion of program rights, net	13,794	10,068
Program rights, net (long-term)	$ 1,941,899	$ 1,731,838

Program Rights (Amortization of

Program Rights (Amortization of Owned and Licensed Program Rights) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Owned original program rights
Predominantly Monetized Individually	$ 44,504	$ 50,921	$ 94,344	$ 84,827
Predominantly Monetized as a Group	30,381	7,571	47,316	12,137
Total	74,885	58,492	141,660	96,964
Licensed program rights
Predominantly Monetized Individually	9,633	20,865	17,241	45,885
Predominantly Monetized as a Group	119,520	103,004	237,989	190,499
Total	129,153	123,869	255,230	236,384
Predominantly Monetized Individually	54,137	71,786	111,585	130,712
Predominantly Monetized as a Group	149,901	110,575	285,305	202,636
Total	$ 204,038	$ 182,361	$ 396,890	$ 333,348

Program Rights (Narrative) (Det

Program Rights (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Film, Disclosures [Abstract]
Program rights write-offs	$ 0	$ 0	$ 0	$ 0

Investments (Narrative) (Detail

Investments (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Apr. 30, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Investments [Abstract]
Equity method investments		$ 83		$ 83		$ 93.7
Company sold its interest in a marketable equity security	$ 9.9
Gain (loss) on marketable equity securities		(0.2)	$ (2.4)	4.1	$ (7.8)
Investments in marketable equity securities		0		0		5.8
Investments in non-marketable equity securities		$ 37.7		$ 37.7		$ 37.7

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Schedule of Goodwill) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 709,344
Purchase accounting adjustments	(1,086)
Amortization of "second component" goodwill	(672)
Foreign currency translation	(23,350)
Ending balance	684,236
Domestic Operations
Goodwill [Roll Forward]
Beginning balance	353,470
Purchase accounting adjustments	(1,086)
Amortization of "second component" goodwill	(672)
Foreign currency translation	0
Ending balance	351,712
International and Other
Goodwill [Roll Forward]
Beginning balance	355,874
Purchase accounting adjustments	0
Amortization of "second component" goodwill	0
Foreign currency translation	(23,350)
Ending balance	$ 332,524

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Purchase accounting adjustments			$ (1,086)
Reduction in carrying amount of goodwill			672
Aggregate amortization expense for amortizable intangible assets	$ 10,400	$ 9,400	21,000	$ 18,900
International and Other
Finite-Lived Intangible Assets [Line Items]
Accumulated impairment charges	$ 123,100		123,100		$ 123,100
Purchase accounting adjustments			0
Reduction in carrying amount of goodwill			0
Domestic Operations
Finite-Lived Intangible Assets [Line Items]
Purchase accounting adjustments			(1,086)
Reduction in carrying amount of goodwill			$ 672

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets (Schedule of Finite and Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross	$ 789,004	$ 806,976
Accumulated Amortization	(434,556)	(427,442)
Net	354,448	379,534
Trademarks	19,900	19,900
Total intangible assets, gross	808,904	826,876
Total intangible assets, net	374,348	399,434
Affiliate and customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross	634,476	649,543
Accumulated Amortization	(358,987)	(354,673)
Net	$ 275,489	294,870
Affiliate and customer relationships | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	6 years
Affiliate and customer relationships | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	25 years
Advertiser relationships
Finite-Lived Intangible Assets [Line Items]
Gross	$ 46,282	46,282
Accumulated Amortization	(32,339)	(30,235)
Net	$ 13,943	16,047
Estimated useful lives (in years)	11 years
Trade names and other amortizable intangible assets
Finite-Lived Intangible Assets [Line Items]
Gross	$ 108,246	111,151
Accumulated Amortization	(43,230)	(42,534)
Net	$ 65,016	$ 68,617
Trade names and other amortizable intangible assets | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	3 years
Trade names and other amortizable intangible assets | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives (in years)	20 years

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets (Schedule of Estimated Amortization Expense) (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 41,600
2023	41,428
2024	41,345
2025	39,654
2026	$ 35,152

Accrued Liabilities (Details)

Accrued Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Accrued Liabilities, Current [Abstract]
Employee related costs	$ 91,101	$ 128,388
Participations and residuals	128,496	133,988
Interest	36,950	36,922
Other accrued expenses	42,260	41,109
Total accrued liabilities	$ 298,807	$ 340,407

Long-term Debt (Summary of Long

Long-term Debt (Summary of Long-Term Debt) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt	$ 2,858,125	$ 2,875,000
Unamortized discount	(20,979)	(23,167)
Unamortized deferred financing costs	(11,723)	(13,363)
Long-term debt, net	2,825,423	2,838,470
Current portion of long-term debt	33,750	33,750
Noncurrent portion of long-term debt	2,791,673	2,804,720
Senior Notes | 5.00% Notes due April 2024
Debt Instrument [Line Items]
Long-term debt	$ 400,000	$ 400,000
Interest rate	5%	5%
Senior Notes | 4.75% Notes due August 2025
Debt Instrument [Line Items]
Long-term debt	$ 800,000	$ 800,000
Interest rate	4.75%	4.75%
Senior Notes | 4.25% Notes due February 2029
Debt Instrument [Line Items]
Long-term debt	$ 1,000,000	$ 1,000,000
Interest rate	4.25%	4.25%
Secured debt | Term Loan A Facility
Debt Instrument [Line Items]
Long-term debt	$ 658,125	$ 675,000
Repayment of line of credit	16,900
Revolving credit facility
Debt Instrument [Line Items]
Remaining undrawn capacity	$ 500,000

Leases (Summary of Lease Assets

Leases (Summary of Lease Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease asset	$ 111,673	$ 125,866
Finance lease asset	11,531	12,080
Total lease assets	123,204	137,946
Operating lease liability, current	33,336	32,929
Finance lease liability, current	3,740	3,667
Total lease liabilities, current	37,076	36,596
Operating lease liability, noncurrent	111,213	128,319
Finance lease liability, noncurrent	21,335	23,520
Total lease liabilities, noncurrent	132,548	151,839
Total lease liabilities	$ 169,624	$ 188,435
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Property and equipment, net of accumulated depreciation of $313,611 and $286,133	Property and equipment, net of accumulated depreciation of $313,611 and $286,133
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Operating and Finance Lease, Liability, Current	Operating and Finance Lease, Liability, Current
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Operating and Finance Lease, Liability, Current	Operating and Finance Lease, Liability, Current
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Total lease liabilities, noncurrent	Total lease liabilities, noncurrent
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Total lease liabilities, noncurrent	Total lease liabilities, noncurrent

Fair Value Measurement (Financi

Fair Value Measurement (Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash equivalents	$ 80,013
Marketable securities		$ 5,771
Foreign currency derivatives	366	196
Foreign currency derivatives
Liabilities
Foreign currency derivatives	8,313	5,911
Level I
Assets
Cash equivalents	80,013
Marketable securities		5,771
Foreign currency derivatives	0	0
Level I | Foreign currency derivatives
Liabilities
Foreign currency derivatives	0	0
Level II
Assets
Cash equivalents	0
Marketable securities		0
Foreign currency derivatives	366	196
Level II | Foreign currency derivatives
Liabilities
Foreign currency derivatives	8,313	5,911
Level III
Assets
Cash equivalents	0
Marketable securities		0
Foreign currency derivatives	0	0
Level III | Foreign currency derivatives
Liabilities
Foreign currency derivatives	$ 0	$ 0

Fair Value Measurement (Carryin

Fair Value Measurement (Carrying Values and Fair Values of the Company's Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
5.00% Notes due April 2024 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	5%	5%
4.75% Notes due August 2025 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	4.75%	4.75%
4.25% Notes due February 2029 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate	4.25%	4.25%
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	$ 2,825,423	$ 2,838,470
Carrying Amount | Term Loan A Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	649,033	664,581
Carrying Amount | 5.00% Notes due April 2024 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	398,179	397,693
Carrying Amount | 4.75% Notes due August 2025 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	793,119	792,098
Carrying Amount | 4.25% Notes due February 2029 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	985,092	984,098
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	2,584,044	2,889,781
Estimated Fair Value | Term Loan A Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	651,544	670,781
Estimated Fair Value | 5.00% Notes due April 2024 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	387,500	403,500
Estimated Fair Value | 4.75% Notes due August 2025 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	740,000	818,000
Estimated Fair Value | 4.25% Notes due February 2029 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt	$ 805,000	$ 997,500

Derivative Financial Instrume_3

Derivative Financial Instruments (Fair Value of Derivative Instruments Included in Balance Sheets) (Details) - Derivatives not designated as hedging instruments - Foreign currency derivatives - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Prepaid expenses and other current assets
Derivatives not designated as hedging instruments:
Foreign currency derivative assets	$ 272	$ 180
Other assets
Derivatives not designated as hedging instruments:
Foreign currency derivative assets	94	16
Accrued liabilities
Derivatives not designated as hedging instruments:
Foreign currency derivative liabilities	3,106	1,686
Other liabilities
Derivatives not designated as hedging instruments:
Foreign currency derivative liabilities	$ 5,207	$ 4,225

Derivative Financial Instrume_4

Derivative Financial Instruments (Schedule of Other Derivatives Not Designated as Hedging Instruments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Foreign currency derivatives | Miscellaneous, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Earnings on Derivatives	$ (3,204)	$ (149)	$ (3,761)	$ (95)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 33,028	$ 11,321	$ 74,662	$ 37,236
Effective tax rate	27%	21%	27%	21%
Foreign tax credit carry forwards	$ 42,900		$ 42,900
Valuation allowance	42,900		42,900
Second component of tax deductible goodwill, net of tax	$ 500		$ 500

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)	Apr. 06, 2022 claim	Jan. 20, 2021 defendant	Jul. 22, 2020 legal_matter
Loss Contingencies [Line Items]
Increase (decrease) in contractual obligations not reflected in the balance sheet	$ (76.5)
Contractual obligation	$ 986.9
California Action
Loss Contingencies [Line Items]
Number of legal matters | legal_matter				7
Number of defendants eliminated | defendant			8
Number of remaining claims | claim		2

Equity Plans (Narrative) (Detai

Equity Plans (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended		6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deemed repurchases of restricted stock units					$ 20,309	$ 32,327
Share-based compensation expenses			$ 8,683	$ 16,262	$ 16,812	$ 29,708
Total unrecognized share-based compensation costs, remaining period of recognition					2 years 2 months 12 days
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares surrendered to the company for tax withholding (in shares)			441		262,386
Total unrecognized share-based compensation costs	$ 35,300		$ 35,300		$ 35,300
RSUs | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares vested in period (in shares)			1,270		616,091
New shares of company's class A common stock issued (in shares)			829		353,705
PRSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares surrendered to the company for tax withholding (in shares)					155,103
PRSUs | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares vested in period (in shares)					344,157
New shares of company's class A common stock issued (in shares)					189,054
2011 Stock Plan | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted in period (in shares)	51,044
2016 Employee Stock Plan | RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted in period (in shares)		628,508
Vesting period (in years)		3 years

Noncontrolling Interests Activi

Noncontrolling Interests Activity - (Redeemable Noncontrolling Interests) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Beginning balance	$ 283,849	$ 315,649
Net earnings	8,528	10,139
Distributions	(22,180)	(10,351)
Other	529
Distribution related to spin-off transaction	(8,000)	(8,040)
Transfer to noncontrolling interest		(18,367)
Ending balance	$ 270,726	$ 289,030

Noncontrolling Interests (Narra

Noncontrolling Interests (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Apr. 30, 2022	Jun. 30, 2022	Jun. 30, 2021
Noncontrolling Interest [Line Items]
Other		$ 8,000	$ 8,040
Transfer from redeemable noncontrolling interests		18,400	18,367
Payments to noncontrolling interests		2,500	0
Contingent consideration for purchase of noncontrolling interests		2,806	$ 0
25/7 Media
Noncontrolling Interest [Line Items]
Percentage of interest acquired	50%
Consideration transferred	$ 7,100
Payments to noncontrolling interests	2,500
Contingent consideration for purchase of noncontrolling interests	$ 4,600
Consideration transferred, fair value, net		4,400
Consideration transferred, tax		$ 900

Related Party Transactions (Det

Related Party Transactions (Details) $ in Millions		3 Months Ended		6 Months Ended
	Aug. 01, 2022 USD ($) installment	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Related Party Transaction [Line Items]
Net revenues from related parties		$ 1.2	$ 1.3	$ 2.5	$ 2.5
Selling, general and administrative charges from related parties		$ 0.7	$ 0.5	$ 1.3	$ 1
Affiliated Entity | 605, LLC | Subsequent Event
Related Party Transaction [Line Items]
Fees payable due to related party	$ 10.5
Related party, number of installments due | installment	5
Related party, contract termination, notice term required	30 days
Affiliated Entity | Director | 605, LLC
Related Party Transaction [Line Items]
Ownership percentage				50%

Cash Flows (Summary of Non-Cash

Cash Flows (Summary of Non-Cash Activities and Other Supplemental Data) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Non-Cash Investing and Financing Activities:
Capital expenditures incurred but not yet paid	$ 6,002	$ 1,758
Contingent consideration for purchase of noncontrolling interests	2,806	0
Supplemental Data:
Cash interest paid	58,539	54,207
Income taxes paid, net	$ 33,793	$ 45,058

Segment Information (Narrative)

Segment Information (Narrative) (Details)	6 Months Ended
	Jun. 30, 2022 segment
Segment Reporting [Abstract]
Number of operating segments	2

Segment Information (Summary of

Segment Information (Summary of Continuing Operations by Reportable Segment) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenues, net	$ 738,025,000	$ 771,392,000	$ 1,450,182,000	$ 1,463,133,000
Operating income	153,203,000	68,256,000	327,880,000	237,964,000
Share-based compensation expenses	8,683,000	16,262,000	16,812,000	29,708,000
Depreciation and amortization	27,231,000	22,604,000	49,821,000	47,850,000
Impairment and other charges	0	142,918,000	0	158,973,000
Restructuring and other related charges	0	155,000	0	8,780,000
Cloud computing amortization	2,364,000	642,000	3,271,000	906,000
Majority-owned equity investees AOI	4,061,000	(200,000)	8,942,000	4,435,000
Adjusted operating income (loss)	195,542,000	250,637,000	406,726,000	488,616,000
Operating Segments | Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	621,102,000	639,015,000	1,226,645,000	1,212,984,000
Operating income	188,812,000	88,116,000	387,334,000	304,575,000
Share-based compensation expenses	3,172,000	7,292,000	6,845,000	12,931,000
Depreciation and amortization	13,439,000	11,716,000	25,575,000	25,089,000
Impairment and other charges		143,000,000		143,000,000
Restructuring and other related charges		216,000		2,643,000
Cloud computing amortization	5,000	0	12,000	0
Majority-owned equity investees AOI	4,061,000	(200,000)	8,942,000	4,435,000
Adjusted operating income (loss)	209,489,000	250,140,000	428,708,000	492,673,000
Operating Segments | International and Other
Segment Reporting Information [Line Items]
Revenues, net	125,771,000	138,277,000	235,622,000	259,444,000
Operating income	14,087,000	19,963,000	31,442,000	16,801,000
Share-based compensation expenses	467,000	913,000	1,221,000	2,144,000
Depreciation and amortization	4,633,000	4,328,000	9,536,000	9,277,000
Impairment and other charges		(82,000)		15,973,000
Restructuring and other related charges		(17,000)		4,473,000
Cloud computing amortization	0	0	0	0
Majority-owned equity investees AOI	0	0	0	0
Adjusted operating income (loss)	19,187,000	25,105,000	42,199,000	48,668,000
Corporate / Inter-segment Eliminations
Segment Reporting Information [Line Items]
Revenues, net	(8,848,000)	(5,900,000)	(12,085,000)	(9,295,000)
Operating income	(49,696,000)	(39,823,000)	(90,896,000)	(83,412,000)
Share-based compensation expenses	5,044,000	8,057,000	8,746,000	14,633,000
Depreciation and amortization	9,159,000	6,560,000	14,710,000	13,484,000
Impairment and other charges		0		0
Restructuring and other related charges		(44,000)		1,664,000
Cloud computing amortization	2,359,000	642,000	3,259,000	906,000
Majority-owned equity investees AOI	0	0	0	0
Adjusted operating income (loss)	(33,134,000)	(24,608,000)	(64,181,000)	(52,725,000)
Corporate / Inter-segment Eliminations | Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	(7,442,000)	(6,256,000)	(10,444,000)	(6,926,000)
Corporate / Inter-segment Eliminations | International and Other
Segment Reporting Information [Line Items]
Revenues, net	(1,406,000)	356,000	(1,641,000)	(2,369,000)
Subscription
Segment Reporting Information [Line Items]
Revenues, net	403,726,000	405,980,000	807,886,000	787,840,000
Subscription | Operating Segments | Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	347,024,000	343,056,000	690,772,000	661,888,000
Subscription | Operating Segments | International and Other
Segment Reporting Information [Line Items]
Revenues, net	56,702,000	62,924,000	117,114,000	125,952,000
Subscription | Corporate / Inter-segment Eliminations
Segment Reporting Information [Line Items]
Revenues, net	0	0	0	0
Content licensing and other
Segment Reporting Information [Line Items]
Revenues, net	110,913,000	127,163,000	195,984,000	216,331,000
Content licensing and other | Operating Segments | Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	72,426,000	83,677,000	133,680,000	139,672,000
Content licensing and other | Operating Segments | International and Other
Segment Reporting Information [Line Items]
Revenues, net	47,335,000	49,386,000	74,389,000	85,954,000
Content licensing and other | Corporate / Inter-segment Eliminations
Segment Reporting Information [Line Items]
Revenues, net	(8,848,000)	(5,900,000)	(12,085,000)	(9,295,000)
Distribution and other
Segment Reporting Information [Line Items]
Revenues, net	514,639,000	533,143,000	1,003,870,000	1,004,171,000
Distribution and other | Operating Segments | Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	419,450,000	426,733,000	824,452,000	801,560,000
Distribution and other | Operating Segments | International and Other
Segment Reporting Information [Line Items]
Revenues, net	104,037,000	112,310,000	191,503,000	211,906,000
Distribution and other | Corporate / Inter-segment Eliminations
Segment Reporting Information [Line Items]
Revenues, net	(8,848,000)	(5,900,000)	(12,085,000)	(9,295,000)
Advertising
Segment Reporting Information [Line Items]
Revenues, net	223,386,000	238,249,000	446,312,000	458,962,000
Advertising | Operating Segments | Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	201,652,000	212,282,000	402,193,000	411,424,000
Advertising | Operating Segments | International and Other
Segment Reporting Information [Line Items]
Revenues, net	21,734,000	25,967,000	44,119,000	47,538,000
Advertising | Corporate / Inter-segment Eliminations
Segment Reporting Information [Line Items]
Revenues, net	$ 0	$ 0	$ 0	$ 0

Segment Information (Summary _2

Segment Information (Summary of Inter-Segment Eliminations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenues, net	$ 738,025	$ 771,392	$ 1,450,182	$ 1,463,133
Corporate / Inter-segment Eliminations
Segment Reporting Information [Line Items]
Revenues, net	(8,848)	(5,900)	(12,085)	(9,295)
Corporate / Inter-segment Eliminations | Domestic Operations
Segment Reporting Information [Line Items]
Revenues, net	(7,442)	(6,256)	(10,444)	(6,926)
Corporate / Inter-segment Eliminations | International and Other
Segment Reporting Information [Line Items]
Revenues, net	$ (1,406)	$ 356	$ (1,641)	$ (2,369)

Segment Information (Schedule o

Segment Information (Schedule of Revenues by Geographic Location) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenues, net	$ 738,025	$ 771,392	$ 1,450,182	$ 1,463,133
United States
Segment Reporting Information [Line Items]
Revenues, net	600,226	612,326	1,191,434	1,189,474
Europe
Segment Reporting Information [Line Items]
Revenues, net	97,146	119,555	180,071	201,591
Other
Segment Reporting Information [Line Items]
Revenues, net	$ 40,653	$ 39,511	$ 78,677	$ 72,068

Segment Information (Long-lived

Segment Information (Long-lived Assets by Geographic Location) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Property and equipment, net	$ 213,940	$ 225,791
United States
Segment Reporting Information [Line Items]
Property and equipment, net	200,586	210,252
Europe
Segment Reporting Information [Line Items]
Property and equipment, net	12,242	14,510
Other
Segment Reporting Information [Line Items]
Property and equipment, net	$ 1,112	$ 1,029