AMC Global Media reports mixed second-quarter 2026 results following its announcement of a $500 million co-exclusive streaming deal with Netflix for “The Walking Dead.” The company also faces investor reaction to results that fall short of Wall Street expectations. In the quarter covering March through May, AMC Global Media’s streaming revenue increases 6% to $180 million, according to Variety. U.S. advertising sales decline 11% to $109 million. Deadline reports that the company’s overall performance is below analysts’ expectations and that AMC Global Media shares drop about 6% in pre-market trading, after a period of recent gains. Over the past year, the stock has risen more than 70%, Deadline adds. Taken together, the reports describe a quarter in which streaming growth is offset by weakness in U.S. ad revenue, while the Netflix-related announcement accompanies the earnings release.