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Jon Lafayette

FORGOTTEN HISTORY: Amc networks posts 2q loss on impairment charges | History Defined

AMC Networks logo on a smartphone.

AMC Networks reported a second-quarter loss as it wrote down assets to reflect its stock price, which is down nearly 50% from its 52-week high.

The company posted a $29.2 million net loss, or 66 cents a share, compared to net income of $70.2 million, or $1.60 a share, a year ago.

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