AMC Networks said on Tuesday that COO Ed Carroll would leave his post at the end of the year, ending a 34-year tenure with the company behind such cable channel brands as The Walking Dead home AMC and streaming services such as AMC+, Acorn TV and Shudder.
His departure at the end of his current employment contract term follows the August news that his long-time boss Josh Sapan was exiting as president and CEO after 26 years to become executive vice chairman. Former Showtime Networks CEO Matthew Blank took over as interim CEO while the company searches for a full-time successor.
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His departure at the end of his current employment contract term follows the August news that his long-time boss Josh Sapan was exiting as president and CEO after 26 years to become executive vice chairman. Former Showtime Networks CEO Matthew Blank took over as interim CEO while the company searches for a full-time successor.
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- 9/28/2021
- The Hollywood Reporter - Film + TV
Exclusive: AMC Networks is letting go 10% of its U.S. workforce, eliminating nearly 100 positions in a reorganization designed to streamline the company’s linear and streaming operations.
CEO Josh Sapan announced the cuts during a virtual town hall meeting earlier today, company insiders tell Deadline. He said a months-long strategic evaluation of the company had focused on an overhaul of its structure to emphasize areas with the greatest growth potential as streaming becomes more central to the entire industry. Similar to the view of other media leaders confronting the march of technology, Sapan said a central objective for 2021 and beyond will be to change how the company operates. Acquiring streaming customers, for example, is a different organizational process than driving higher affiliate fees.
Other media companies, including WarnerMedia and NBCUniversal, have recently shed jobs in restructuring efforts, and ViacomCBS and Disney have similarly streamlined as a result of major mergers.
CEO Josh Sapan announced the cuts during a virtual town hall meeting earlier today, company insiders tell Deadline. He said a months-long strategic evaluation of the company had focused on an overhaul of its structure to emphasize areas with the greatest growth potential as streaming becomes more central to the entire industry. Similar to the view of other media leaders confronting the march of technology, Sapan said a central objective for 2021 and beyond will be to change how the company operates. Acquiring streaming customers, for example, is a different organizational process than driving higher affiliate fees.
Other media companies, including WarnerMedia and NBCUniversal, have recently shed jobs in restructuring efforts, and ViacomCBS and Disney have similarly streamlined as a result of major mergers.
- 11/18/2020
- by Dade Hayes
- Deadline Film + TV
Technology is dramatically altering the focus of cable programmers and marketers on traditional seasons, creating a demand for more serialized stories and focusing efforts on promoting programs after they have already aired, three top execs told a cable industry conference in Washington on Monday. "The off-season is not the off-season any more," Joshua Sapan, president-ceo of AMC Networks, said during a panel discussion at the National Cable and Telecommunications Assn. annual Cable Show. He described how second-screen activities -- from Twitter to webisodes discussing programs that have aired -- are being...
- 6/10/2013
- by Ira Teinowitz
- The Wrap
AMC Networks on Thursday posted increased first-quarter earnings amid higher advertising and affiliate fee revenue. The cable networks company, led by CEO Joshua Sapan, reported a quarterly profit of $43.2 million, compared with $29.8 million in the year-ago period. Earnings from continuing operations rose to $43 million from $30 million. Revenue rose 19.5 percent to $326 million driven by a 29.7 percent increase in advertising revenue. Affiliate fee and other revenue grew 15 percent, which benefit from increased international distribution. The results exceeded Wall Street estimates. The growth in revenue outweighed higher operating expenses
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- 5/10/2012
- by Georg Szalai
- The Hollywood Reporter - Movie News
The Hollywood Radio and Television Society (Hrts) is the premier forum for Hollywood's power players to get together, pretend to be friends and share their insights on the business.
As usual, their lunch on Tuesday (Feb 23) attracted the biggest players in the TV industry.
Which provided a perfect chance for the Dish Rag to corner exclusively question these honchos about a new home for Conan O'Brien, perhaps even on their networks.
Here's what they carefully said:
"I'm a big part of NBC/Universal so it's hard for me to comment, but I'm a big fan of his," Lauren Zalaznick, President, NBC Universal Women & Lifestyle Entertainment Networks, tells the Dish Rag. Want more? Read on:
"I'm a huge fan of Conan. A daily show for us would be really challenging, and I think that's what he would be interested in. Bill Maher, with his weekly (and not even that sometimes), is the right fit for us.
As usual, their lunch on Tuesday (Feb 23) attracted the biggest players in the TV industry.
Which provided a perfect chance for the Dish Rag to corner exclusively question these honchos about a new home for Conan O'Brien, perhaps even on their networks.
Here's what they carefully said:
"I'm a big part of NBC/Universal so it's hard for me to comment, but I'm a big fan of his," Lauren Zalaznick, President, NBC Universal Women & Lifestyle Entertainment Networks, tells the Dish Rag. Want more? Read on:
"I'm a huge fan of Conan. A daily show for us would be really challenging, and I think that's what he would be interested in. Bill Maher, with his weekly (and not even that sometimes), is the right fit for us.
- 2/25/2010
- by editorial@zap2it.com
- Pop2it
At a gathering of six top cable executives, industry leaders expressed optimism Tuesday that the ad sales climate is improving -- though it still has a long way to go.
"The economy has kind of sucked the last couple years," MTV Networks president Van Toffler said. "But the good news is the scatter market is really robust. People wait a little longer than they have in the past, but we feel the money is coming in this quarter."
Toffler was at the Hollywood Radio & Television Society's annual cable chiefs luncheon, joined by Discovery COO Peter Liguori, Rainbow Media president and CEO Joshua Sapan, Turner president Steve Koonin, HBO programming president Michael Lombardo and NBC Universal Women and Lifestyle Entertainment Networks president Lauren Zalaznick.
Liguori and Zalaznick echoed Toffler's opinion on the strength of the scatter market.
"Scatter was way stronger than our upfront prices, and now the question is how...
"The economy has kind of sucked the last couple years," MTV Networks president Van Toffler said. "But the good news is the scatter market is really robust. People wait a little longer than they have in the past, but we feel the money is coming in this quarter."
Toffler was at the Hollywood Radio & Television Society's annual cable chiefs luncheon, joined by Discovery COO Peter Liguori, Rainbow Media president and CEO Joshua Sapan, Turner president Steve Koonin, HBO programming president Michael Lombardo and NBC Universal Women and Lifestyle Entertainment Networks president Lauren Zalaznick.
Liguori and Zalaznick echoed Toffler's opinion on the strength of the scatter market.
"Scatter was way stronger than our upfront prices, and now the question is how...
- 2/23/2010
- by By James Hibberd
- The Hollywood Reporter - Movie News
Cable television's Sundance Channel on Monday unveiled a video-on-demand service offering documentaries and international films endorsed by Sundance festival founder Robert Redford and often available the same day the movies hit theaters.
Sundance Selects will make its debut on August 26 with Spike Lee's new documentary, "Passing Strange: The Movie." The service will be available on cable TV systems owned by three major operators -- Comcast Corp, Cox Communications and Cablevision Systems Corp. -- reaching as many as 50 million U.S. households.
For Sundance Channel, which plays films and shows aimed at art-house and independent film fans and is owned by Cablevision unit Rainbow Media Holdings, a video-on-demand service provides new revenues in a growing business arena.
And indie movie fans who live in smaller cities or towns that may not have art houses can now access documentaries and foreign language films they only hear about from media coverage of festivals like Sundance.
Sundance Selects will make its debut on August 26 with Spike Lee's new documentary, "Passing Strange: The Movie." The service will be available on cable TV systems owned by three major operators -- Comcast Corp, Cox Communications and Cablevision Systems Corp. -- reaching as many as 50 million U.S. households.
For Sundance Channel, which plays films and shows aimed at art-house and independent film fans and is owned by Cablevision unit Rainbow Media Holdings, a video-on-demand service provides new revenues in a growing business arena.
And indie movie fans who live in smaller cities or towns that may not have art houses can now access documentaries and foreign language films they only hear about from media coverage of festivals like Sundance.
- 8/17/2009
- by By Bob Tourtellotte, Reuters
- The Hollywood Reporter - Movie News
NEW YORK -- Cablevision-owned Rainbow Media Holdings has consolidated management of its cable properties under two executives in the wake of an accounting scandal that led to the dismissal of 14 executives. Kathleen Dore, president of IFC Cos., also will oversee AMC and WE: Women's Entertainment in her new capacity as president of entertainment services at Rainbow. Affiliate sales and marketing efforts for the three networks, as well as the company's music channel Fuse and assorted video-on-demand services, also will be combined under Rainbow Sports Networks president Andrea Greenberg, who adds president of distribution to her title. Both executives will report to Rainbow president and CEO Josh Sapan, who deemed the decision a natural evolution for his unit. "We think it makes a tremendous amount of sense," he said. "These (channels) have similar genetics because they are well-developed brands, film-based and have been increasing their original programming."...
- 7/31/2003
- The Hollywood Reporter - Movie News
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