Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Segment Reporting Information, by Segment


(In thousands)	Year Ended December 31, 2021
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,318,732	$	249,844	$	—	$	1,568,576
Content licensing and other	416,898		155,805		(14,325)		558,378
Distribution and other	1,735,630		405,649		(14,325)		2,126,954
Advertising	844,986		105,668		—		950,654
Consolidated revenues, net	$	2,580,616	$	511,317	$	(14,325)	$	3,077,608
Operating income (loss)	$	617,875	$	37,167	$	(165,120)	$	489,922
Share-based compensation expenses	22,077		3,627		22,221		47,925
Depreciation and amortization	48,025		19,807		26,049		93,881
Impairment and other charges	143,000		16,610		—		159,610
Restructuring and other related charges	2,516		6,083		1,779		10,378
Cloud computing amortization	—		—		2,406		2,406
Majority-owned equity investees AOI	11,948		—		—		11,948
Adjusted operating income	$	845,441	$	83,294	$	(112,665)	$	816,070
Capital expenditures	$	9,635	$	6,009	$	26,928	$	42,572


(In thousands)	Year Ended December 31, 2020
	Domestic Operations		International and Other			Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,145,970	$	239,145		$	—	$	1,385,115
Content licensing and other	433,954		139,746			(19,675)		554,025
Distribution and other	1,579,924		378,891			(19,675)		1,939,140
Advertising	801,477		74,339			—		875,816
Consolidated revenues, net	$	2,381,401	$	453,230	0	$	(19,675)	$	2,814,956
Operating income (loss)	$	734,871	$	(109,365)		$	(182,862)	$	442,644
Share-based compensation expenses	10,605		2,988			39,315		52,908
Depreciation and amortization	50,574		26,465			27,567		104,606
Impairment and other charges	—		122,227			—		122,227
Restructuring and other related charges	22,946		6,410			5,712		35,068
Cloud computing amortization	—		—			200		200
Majority-owned equity investees AOI	8,958		—			—		8,958
Adjusted operating income	$	827,954	$	48,725		$	(110,068)	$	766,611
Capital expenditures	$	12,301	$	9,057		$	25,237	$	46,595


(In thousands)	Year Ended December 31, 2019
	Domestic Operations		International and Other			Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,137,358	$	251,184		$	—	$	1,388,542
Content licensing and other	521,639		187,073			(30,766)		677,946
Distribution and other	1,658,997		438,257			(30,766)		2,066,488
Advertising	904,253		89,659			(79)		993,833
Consolidated revenues, net	$	2,563,250	$	527,916	0	$	(30,845)	$	3,060,321
Operating income (loss)	$	884,054	$	(83,948)		$	(174,829)	$	625,277
Share-based compensation expenses	26,153		4,545			33,435		64,133
Depreciation and amortization	41,299		34,983			24,816		101,098
Impairment and other charges	—		106,603			—		106,603
Restructuring and other related charges	28,860		5,153			6,901		40,914
Majority-owned equity investees AOI	5,965		—			—		5,965
Adjusted operating income	$	986,331	$	67,336		$	(109,677)	$	943,990
Capital expenditures	$	37,150	$	9,257		$	45,197	$	91,604

Summary Of Inter-segment Eliminations

Inter-segment eliminations are primarily licensing revenues recognized between the Domestic Operations and International and Other segments as well as revenues recognized by AMC Networks Broadcasting & Technology for transmission revenues recognized from the International and Other operating segment.


(In thousands)	Years Ended December 31,
	2021		2020		2019
Inter-segment revenues
Domestic Operations	$	(10,584)	$	(15,852)	$	(26,639)
International and Other	(3,741)		(3,823)		(4,206)
	$	(14,325)	$	(19,675)	$	(30,845)

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area

The table below summarizes revenue based on customer location:


	Years Ended December 31,
(In thousands)	2021		2020		2019
Revenue
United States	$	2,462,210	$	2,267,754	$	2,511,686
Europe	432,682		385,787		382,888
Other	182,716		161,415		165,747
	$	3,077,608	$	2,814,956	$	3,060,321

Schedule of Disclosure on Geographic Areas, Long-Lived Assets

The table below summarizes property and equipment based on asset location:


	Years Ended December 31,
(In thousands)	2021		2020
Property and equipment, net
United States	$	210,252	$	239,387
Europe	14,510		15,938
Other	1,029		720
	$	225,791	$	256,045