Our weaker performers included AMC Networks Inc. (AMCX, Financial) (0.9%), which owns and operates cable television networks including the eponymous AMC, BBC America, IFC, and SundanceTV. Its year to date numbers for September 30 showed only a small increase in revenues, and a decrease in operating income.
From Mario Gabelli (Trades, Portfolio)'s Gabelli Value 25 Fund 2019 annual shareholder letter.
