{"id":518179,"date":"2022-11-30T00:38:08","date_gmt":"2022-11-29T21:38:08","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/amc-networks-ceo-christina-spade-resigns-after-less-than-3-months\/"},"modified":"2022-11-30T00:38:08","modified_gmt":"2022-11-29T21:38:08","slug":"amc-networks-ceo-christina-spade-resigns-after-less-than-3-months","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/amc-networks-ceo-christina-spade-resigns-after-less-than-3-months\/","title":{"rendered":"#AMC Networks CEO Christina Spade resigns after less than 3 months"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3bf37497e27\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3bf37497e27\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/amc-networks-ceo-christina-spade-resigns-after-less-than-3-months\/#%E2%80%9CAMC_Networks_CEO_Christina_Spade_resigns_after_less_than_3_months%E2%80%9D\" >&#8220;AMC Networks CEO Christina Spade resigns after less than 3 months&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CAMC_Networks_CEO_Christina_Spade_resigns_after_less_than_3_months%E2%80%9D\"><\/span>&#8220;AMC Networks CEO Christina Spade resigns after less than 3 months&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>AMC Networks CEO Christina Spade stepped down Tuesday after less than three months on the job \u2014 just moments before the company sent out a memo warning employees of mass layoffs.<\/p>\n<p>Spade had taken the helm of the cable-TV channel \u2014 which isn\u2019t related to the struggling movie-theater chain AMC \u2014 in early September. AMC produces original <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">TV series<\/a> like \u201cThe Walking Dead\u201d and \u201cBreaking Bad.\u201d <\/p>\n<p>AMC Networks, whose chairman is New York Knicks owner James Dolan, did not give a reason for her departure.\u00a0<\/p>\n<p>\u201cWe thank Christina for her contributions to the company in her CEO role and her earlier CFO role, and we wish her well in her future endeavors,\u201d Dolan said in a statement.<\/p>\n<p>Shortly after the company announced Spade would step down, Dolan sent out a memo to employees stating that as much as 20% of the company could be laid off in the coming days, or more than 300 people.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/amc-ceo-01.jpg?w=1024\" alt=\"Christina Spade\" class=\"wp-image-24831563\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/amc-ceo-01.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/amc-ceo-01.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/amc-ceo-01.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Christina Spade<\/figcaption><figcaption><span class=\"credit\">Sipa USA via AP<\/span><\/figcaption><\/figure>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"967\" height=\"1024\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/james-dolan-amc.jpg?w=967\" alt=\"James Dolan\" class=\"wp-image-24831600\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/james-dolan-amc.jpg?quality=75&amp;strip=all&amp;w=1934 1934w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/james-dolan-amc.jpg?quality=75&amp;strip=all&amp;w=1450 1450w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/james-dolan-amc.jpg?quality=75&amp;strip=all&amp;w=967 967w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/james-dolan-amc.jpg?quality=75&amp;strip=all&amp;w=483 483w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/james-dolan-amc.jpg?quality=75&amp;strip=all 1024w\" sizes=\"auto, (max-width: 967px) 100vw, 967px\"\/><figcaption>AMC Network Chairman James Dolan<\/figcaption><figcaption><span class=\"credit\">MSG Entertainment<\/span><\/figcaption><\/figure>\n<p>Earlier this fall, Spade reportedly held an off-site meeting with employees where she assured them layoffs were coming early next year, and that the company would hire a consulting firm to help right the ship at AMC, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2022\/11\/29\/amc-networks-ceo-stepping-down-after-less-than-three-months-.html\">according to CNBC<\/a>. <\/p>\n<p>The company later backtracked, though, announcing it had no plans to hire a consulting firm, a signal to many employees that layoffs were imminent.\u00a0<\/p>\n<p>AMC has seen its quarterly revenue fall 16% in the period that ended Sept. 30. More than half of the company\u2019s revenue comes from TV packages, which have been gutted by viewers switching to streaming services.<\/p>\n<p>\u201cIt was our belief that cord-cutting losses would be offset by gains in streaming,\u201d Dolan wrote in his memo to employees. \u201cThis has not been the case. We are primarily a content company and the mechanisms for the monetization of content are in disarray.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/walking-dead-02.jpg?w=1024\" alt=\"The Walking Dead \" class=\"wp-image-24831578\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/walking-dead-02.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/walking-dead-02.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/walking-dead-02.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>AMC produces original TV series like \u201cThe Walking Dead\u201d and \u201cBreaking Bad.\u201d<\/figcaption><figcaption><span class=\"credit\">AMC<\/span><\/figcaption><\/figure>\n<p>AMC\u2019s board said it is finalizing its decision on Spade\u2019s successor, who will likely be an internal candidate.\u00a0<\/p>\n<p>Spade joined AMC in 2021 as chief financial officer. She was later also given the title of chief operating officer, before being promoted to CEO after less than a year of working at the company.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/11\/29\/amc-networks-ceo-christina-spade-resigns-after-less-than-3-months\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;AMC Networks CEO Christina Spade resigns after less than 3 months&#8221; AMC Networks CEO Christina Spade stepped down Tuesday after less than three months on the job \u2014 just moments before the company sent out a memo warning employees of mass layoffs. Spade had taken the helm of the cable-TV channel \u2014 which isn\u2019t related&#8230;<\/p>\n","protected":false},"author":1,"featured_media":518180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/11\/amc-ceo-comp-quits-comp.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[136380,4977,73689,4960,1361,1525],"class_list":["post-518179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-11-29-22","tag-amc","tag-amc-entertainment","tag-layoffs","tag-movies","tag-television"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/518179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=518179"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/518179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/518180"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=518179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=518179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=518179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}