Latest in AMC Networks

AMC Networks is choosing to host an in-person event during the spring upfront season, confirming plans for a presentation for about 200 to 250 guests. The event, slated for Tuesday, April 18, at New York’s Jazz at Lincoln Center, will resemble last year’s pitch to advertisers at Peak, a restaurant…

After AMC Networks axed a swathe of new content including Demascus, Invitation to a Bonfire and second seasons of Pantheon, Moonhaven and 61st Street, Dan McDermott addressed the challenges facing the television business. McDermott, President of Entertainment and AMC Studios, admitted the…

AMC Networks has acquired the rights to John Maxim’s popular Bannerman spy book series for development as a potential television series. The project hails from Shane Black (Lethal Weapon, Ironman), Greg Nicotero (The Walking Dead, Creepshow) via his overall deal with AMC Networks, and Brian Witten (Creepsh…

An expanding Kino Lorber has brought in two former AMC Networks veterans in key exec roles, installing Ed Carroll as Chief Strategy Officer and Lisa Schwartz as Chief Revenue Officer. The pair will work with CEO Richard Lorber and COO Martha Benyam to help shape the company's content and distribution…

Following the sudden cancelation of AMC Network’s 61st Street on Thursday, executive producers confirm the series is looking for a new home. Seasons 1 and 2 were shot simultaneously but only its freshman season aired in its entirety last spring. It was originally ordered as part of a two-season…

EXCLUSIVE: Demascus, a comedic sci-fi series from playwright Tearrance Arvelle Chisholm and exec produced by Breaking Bad and Better Call Saul exec producer Mark Johnson, has joined the list of shows canceled at AMC. Related Story "Welcome To The Business": 'Demascus' Showrunner Addresses…

The second season of 61st Street and Invitation to a Bonfire are the latest shows to get caught up in Hollywood's cost-cutting drive. AMC Networks has scrapped both shows after revealing that it would take around $400M of content write downs. They form part of the company’s one-time write-off last…

After record deal-making in 2021, the number and dollar value of M&A in media and telecommunications fell during the past 12 months through November, according to the latest report by PwC. There have been 3,772 deals, a 26% year-over-year drop. The dollar value of M&A totaled $624 billion, an 18%…

AMC Networks, whose CEO Christina Spade resigned last week, said Monday its board has named James Dolan “interim executive chairman.” “Effective immediately, Mr. Dolan will serve as Interim Executive Chairman which will enable him to provide strategic oversight of the company until a new CEO is…

AMC Network said today it will take write-downs for up to $475 million as it restructures its business to cut costs. That includes up to $400 million for content-related moves it calls "strategic programming assessments" and $75 million for organizational restructuring costs including severance. The…

EXCLUSIVE: Following AMC Networks’ shock announcement yesterday that the company is cutting 20% of its U.S. staff — or about 200 people — with its new CEO Christina Spade also departing, names of affected programming executives are starting to emerge. We hear those leaving as part of the layoffs…

A media sector squeezed by streaming losses, anemic stocks, layoffs and executive turmoil unveiled its latest casualties Tuesday: 20% of AMC Networks' U.S. staff, or about 200 people, along with the departure of CEO Christina Spade. The news follows Bob Chapek's equally sudden departure last Sunday…