AMC Networks said a new partnership with Netflix was helping to boost subscribers and streaming revenue as it reported third-quarter financial results that were down from a year earlier but better than Wall Street forecasts.

Content licensing revenue increased 31% to $81 million, driven in part by delivery availability in the period that began in August, including AMC-branded shows under the new Netflix deal for previous seasons of 13 AMC series, called The AMC Collection.

Shows have performed well on the giant streamer, CEO Kristen Dolan said in an upbeat call after winnings with the stock up 9% after the numbers. It has stabilized and is up about 5% now.

AMC+ reached 11.8 million subscribers, up from 11.6 million last quarter. Streaming revenue increased 7% to $152 million.

The company’s total net revenue of $600 million fell 6% from the previous year. Excluding $20 million in revenue tied to 25/7 Media (which AMC sold late last year), revenue was down 3%.

Net income fell to $41 million from $63 million.

AMC generated $293 million in free cash flow.

Other deals include an early renewal with Charter that includes the ad-supported version of AMC+ provided free to Charter video customers and the launch of 15 AMC Networks FAST channels on Amazon platforms.

AMC Studios has begun production on the third season of The Walking Dead: Daryl Dixon and the third series of the immortal universe of Anne Rice, The Talamasca.

On November 1, AMC acquired the remaining 50% it did not already own in BBC America, a joint venture with BBC Studios, for $42 million in cash.