AMC网络-A 2025年度报告

FORM 10-K For the transition period fromto Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.YesNo Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submitsuch files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company oran emerging growth company (as defined in Exchange Act Rule12b-2). Large accelerated filer☐Non-acceleratedfiler☐ Accelerated filer☑Smallerreportingcompany☑Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No The aggregate market value of the registrant's common stock held by non-affiliates of the registrant, computed by reference to the closing price of ashare of common stock on June30, 2025 (the last business day of the registrant's most recently completed second fiscal quarter) was approximately$194 million. The number of shares of common stock outstanding as of February4, 2026: Class A Common Stock par value $0.01 per shareClass B Common Stock par value $0.01 per share DOCUMENTS INCORPORATED BY REFERENCE: Certain information required in Item10 through Item14 of Part III of this Annual Report on Form 10-K is incorporated herein by reference to theRegistrant's definitive Proxy Statement for its 2026 Annual Meeting of Stockholders, which shall be filed with the Securities and ExchangeCommission pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended, within 120 days of the Registrant's fiscal year end. TABLE OF CONTENTS FORWARD-LOOKING STATEMENTSPart I BusinessRisk FactorsUnresolved Staff CommentsCybersecurityPropertiesLegal ProceedingsMine Safety Disclosures Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities[Reserved]Management’s Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosure About Market RiskFinancial Statements and Supplementary DataChanges in and Disagreements with Accountants on Accounting and Financial DisclosureControls and ProceduresOther InformationDisclosure Regarding Foreign Jurisdictions that Prevent Inspections Part III Directors, Executive Officers and Corporate GovernanceExecutive CompensationSecurity Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersCertain Relationships and Related Transactions, and Director IndependencePrincipal Accountant Fees and Services Item 10.Item 11.Item 12.Item 13.Item 14. Part IV Exhibits and Financial Statement SchedulesForm 10-K Summary Item 15.Item 16.SIGNATURES FORWARD-LOOKING STATEMENTSThis Annual Report on Form 10-K contains statements that constitute forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. In this Annual Report on Form 10-K there are statements concerning our futureoperating results and future financial performance. Words such as "expects," "anticipates," "believes," "estimates," "may," "will,""should," "could," "potential," "continue," "intends," "plans" and similar words and terms used in the discussion of future operatingresults and future financial performance identi