AMC Networks sees FY23 consolidated revenue about $2.9B, consensus $3.07B

Sees FY23 streaming revenue growth at a moderate pace. Sees FY23 consolidated adjusted operating income $650M-$675M. Says no longer providing streaming subscriber targets. Says now has 11.8M streaming subscribers. Says content industry needs to reorganize itself. Says focused on streamlining organization, operating more like retailers than wholesalers. Says expanding partnerships with new distributors. Says starting to see new movement on pricing with new bundles. Guidance and comments taken from Q4 earnings conference call.