AMC Networks has a brand new CEO.
High line
On Wednesday afternoon, AMC Networks introduced that Kristin Dolan, a longtime firm board member and the spouse of AMC Networks interim govt chairman James L. Dolan, has been named CEO, efficient Feb. 27.
Between the traces
The announcement comes only a day after the corporate reorganized its industrial income group, specializing in the advert gross sales portion of the workforce and increasing roles for key leaders forward of the upfront.
“Kristin is a confirmed govt and operational chief with a monitor report in driving organizational change, a historical past managing subscription-based companies and a deep understanding of viewers engagement and promoting. These are areas of vital significance as we remodel our firm and monetize our prime quality content material,” James L. Dolan stated.
“Along with her appreciable expertise and information of the corporate, Kristin is the best particular person to guide AMC Networks into its subsequent chapter as we navigate this transformative interval within the trade.”
An govt with greater than 30 years’ expertise in media and leisure, Kristin Dolan lately served as CEO of 605, an viewers measurement and knowledge analytics agency she based in 2016. She led all day-to-day enterprise operations, together with key consumer relationships, product improvement, gross sales, analysis, finance, authorized and advertising and marketing. She additionally spent 16 years in numerous working roles at Cablevision Methods Company, rising to chief working officer.
“It’s a privilege to hitch an organization with a protracted legacy of participating audiences with glorious storytelling and world-class manufacturers,” Kristin Dolan stated. “It’s additionally the place I began my profession within the trade. I look ahead to bringing my broad expertise—throughout programming, cable operations and, most lately, using knowledge to reimagine tv promoting—to leverage AMC Networks’ sturdy belongings, drive the following section of the corporate’s progress, and construct shareholder worth within the coming years.”
The Wall Road Journal first reported the information, noting that the Dolans are separated however stay shut.
Backside line
AMC’s CEO announcement comes after months of uncertainty on the firm.
In November 2022, former CEO Christina Spade exited the corporate after mere months within the place. Spade’s exit was adopted by large-scale cutbacks, the place the corporate reportedly laid off 20% of its U.S. workers.
The announcement comes only a day after the corporate reorganized its industrial income group, specializing in the advert gross sales portion of the workforce and increasing roles for key leaders forward of the upfront. At the moment, an AMC consultant instructed Adweek there was no replace on the then-vacant CEO seat.
In line with WSJ, regardless of the latest layoffs, the corporate is additional methods to chop prices and increase progress in streaming subscriptions.
