Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

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)	Year Ended December 31, 2022
	Domestic Operations		International and Other		Corporate / Inter-segment eliminations		Consolidated
Revenues, net
Subscription	$	1,395,026	$	223,515	$	—	$	1,618,541
Content licensing and other	491,870		135,406		(21,122)		606,154
Distribution and other	1,886,896		358,921		(21,122)		2,224,695
Advertising	788,246		83,604		—		871,850
Consolidated revenues, net	$	2,675,142	$	442,525	$	(21,122)	$	3,096,545
Operating income (loss)	$	286,517	$	3,031	$	(202,632)	$	86,916
Share-based compensation expenses	12,815		3,900		13,271		29,986
Depreciation and amortization	49,588		18,487		39,152		107,227
Impairment and other charges	—		40,717		—		40,717
Restructuring and other related charges	423,205		2,854		22,907		448,966
Cloud computing amortization	23		—		7,319		7,342
Majority-owned equity investees AOI	17,248		—		—		17,248
Adjusted operating income	$	789,396	$	68,989	$	(119,983)	$	738,402
Capital expenditures	$	4,572	$	6,039	$	33,661	$	44,272


(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	$	(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

Schedule of 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,
	2022		2021		2020
Inter-segment revenues
Domestic Operations	$	(17,643)	$	(10,584)	$	(15,852)
International and Other	(3,479)		(3,741)		(3,823)
	$	(21,122)	$	(14,325)	$	(19,675)

Schedule of Revenue by Geographic Area

The table below summarizes revenue based on customer location:


	Years Ended December 31,
(In thousands)	2022		2021		2020
Revenue
United States	$	2,574,504	$	2,462,210	$	2,267,754
Europe	354,492		432,682		385,787
Other	167,549		182,716		161,415
	$	3,096,545	$	3,077,608	$	2,814,956

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)	2022		2021
Property and equipment, net
United States	$	187,833	$	210,252
Europe	12,520		14,510
Other	1,681		1,029
	$	202,034	$	225,791