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AMC Networks announced Friday that sitting Chief Operating Officer and Chief Financial Officer Christina Spade will be stepping up as its new CEO, effective Sept. 9.

AMC Networks said it paid three former CEOs –Christina Spade, Matt Blank and Josh Sapan — packages worth more than a combined $40 million for 2022.

AMC Networks posted strong fourth-quarter results, with total revenue rising 20% over the prior-year quarter to $964.5 million, while earnings per share jumped almost fivefold to $2.52.

Jennifer Maas TV Business Writer AMC Networks has named Kristin Dolan CEO. Dolan, a longtime AMC Networks board member and wife of the company’s owner, James Dolan, will begin her new role Feb. 27. Her appointment to the position comes months after Christina Spade, formerly CFO of the company, stepped down in November after a very brief stint as chief, following the exit of interim CEO Matt Blank. Once Spade left, James Dolan was named interim executive chairman while a search began for another AMC Networks CEO, and announced that “large-scale layoffs” would be hitting the company amid a stall in growth at streaming AMC+ and its smaller platforms Acorn TV, Shudder, Sundance Now, ALLBLK and HIDIVE.

In a surprising move, AMC Networks Chief Executive Officer Christina Spade has stepped down from the role after only three months.

AMC Networks has expanded the size of its board by one to 15 directors, adding Matt Blank, the longtime media executive who served as the company’s interim chief executive for a year.

AMC Networks Inc. reached 10.8 million subscribers, the company reported Friday in its second-quarter earnings report. The company increased its subscriber base by 1.3 million from Q1, a 46% year-over-year increase driven partly by the AMC+ premium streaming bundle launch in Spain.

AMC Networks has appointed COO and CFO Christina Spade as its new CEO, succeeding Matt Blank, who has held the role in an interim capacity since last September.

Brian Steinberg Senior TV EditorChristina Spade, a veteran media executive who was previously chief financial officer of the former ViacomCBS, has been named the new chief executive of AMC Networks, tasked with leading the small but influential media company through a tricky time in the media business.She replaces Matt Blank, a Showtime veteran who had been serving as the company’s interim CEO, and will assumer her new responsibilities on Sept. 9.“I’m delighted that Chris is taking over as our new CEO,” said James Dolan, AMC Networks’ chairman, in a statement.

Selome Hailu 10Len Fogge has been named president of marketing at AMC Networks. Additionally, streaming services president Miquel Penella is taking on an expanded role and will now oversee the company’s global division, AMC Networks International.

Matt Blank, interim CEO of AMC Networks, said the company has “no plans” for ad-supported tiers of its family of targeted streaming services including Shudder, Acorn TV and AMC+.

Matt Blank, interim CEO of AMC Networks, made just shy of $7 million in total compensation in 2021, according to a proxy filing with the SEC.

Jennifer Maas TV Business WriterAMC Networks reported its fourth-quarter 2021 earnings Wednesday, revealing it had reached more than 9 million paid streaming subscribers by the end of 2021. The company also beat Wall Street’s expectations for both its Q4 revenue and profit.AMC Networks previously said it expected to have 9 million streaming subscribers by the end of 2021, and forecast between 20 million to 25 million paid subscribers across its streaming services by 2025.

Michael Schneider Variety Editor at LargeJennifer Caserta is exiting AMC Networks after nearly two decades at the company, most recently as its chief transformation and people officer. As Caserta departs, Aisha Thomas-Petit has been named chief people and diversity officer at the company.Caserta had served as chief transformation/people officer since 2018; prior to that, she spent 14 years at IFC TV, including as president and GM.

AMC Networks has elevated its first head of Diversity, Equity and Inclusion, Aisha Thomas-Petit, to the role of Chief People and Diversity Officer. She succeeds Jennifer Caserta, the longtime IFC executive who segued to AMC’s HR chief in 2018 and is departing after 20 years at the company.

AMC Networks has acquires Houston-based Sentai Holdings, which supplies anime content and merchandise and also operates the Hidive direct-to-consumer streaming service.

Christina Spade, who joined AMC Networks last January as chief financial officer, is gaining the additional title of chief operating officer.

is replacing Ed Carroll, who is leaving the company after 34 years.The promotion is a pretty impressive vote of confidence considering Spade, the former ViacomCBS chief financial officer, just joined AMC Networks in January.

Ed Carroll, the longtime chief operating officer of AMC Networks, has decided to exit at the close of 2021 after 34 years at the company.

AMC Networks is undergoing a significant changing of the guard, as CEO Josh Sapan has announced he will step down after a 26-year run in the corner office.

Josh Sapan, a cable pioneer who has headed AMC Networks and its predecessors in the Dolan cable dynasty for more than 25 years, is seguing to the vice chairman role at AMC Networks.Matt Blank, a contemporary of Sapan’s who headed Showtime for 20 years, has been tapped as interim CEO while AMC Networks conducts a search for a new CEO.Sapan’s move was anticipated in the two-year contract he signed in December 2020 that gave him the option to shift from president and CEO to the vice chairman role