AMC Networks (AMCX) Proxy Filing summary

Executive summary

• Achieved $376M in net cash from operations and $331M in free cash flow in 2024, up 84% and 96% from prior year.

• Streaming revenues rose 7% to $603M; streaming subscribers increased 8% to 12.4M.

• Secured major affiliate renewals and expanded content partnerships with Netflix and Amazon Prime Video Channels.

• Expanded FAST channels to 19 brands and 136 feeds on 12 platforms.

• Original programming received multiple industry awards and nominations.

Voting matters and shareholder proposals

• Proposals include election of directors, ratification of KPMG as auditor, advisory vote on executive compensation, approval of amended 2016 Employee Stock Plan, and redomestication to Nevada.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of 13 directors: 5 Class A and 8 Class B, with 54% independent.

• Annual election of directors; majority independent Board and committees.

• Board leadership structure separates Chairman and CEO roles.

• Regular board self-assessment and stockholder engagement.