AMC Networks is restructuring by centralizing its operations, which will result in the loss of about 40 jobs, according to numerous media reports.
Says Deadline, “AMC Networks has centralized its operations, promoting Sarah Barnett to president of entertainment networks and upping senior executives David Madden and Linda Schupack.
“The restructuring will result in about 40 layoffs, or about 2% of the workforce at the entertainment networks, sources tell Deadline. AMC Networks did not comment on any job losses.”
Notes The New York Times, “Barnett, the head of BBC America, will take on an expanded role at AMC Networks that puts her in charge of several cable channels, including AMC, SundanceTV and IFC, the company said on Monday.
“The move was announced a week and a half after Charlie Collier, a former leader of the company, left to take a new position as the chief executive of Fox’s entertainment offerings.
“Ms. Barnett, 53, helped usher in buzzy shows like ‘Orphan Black’ and ‘Killing Eve’ at BBC America, which is part of AMC Networks.”
In its story The Hollywood Reporter says that “Madden — who joined the company as programming president of AMC and Sundance in September 2017 — has added oversight of BBC America and IFC to his purview. In his new role as head of programming, Madden will report to Barnett. Additionally, Madden will now serve as head of programming for AMC Studios, reporting to [company COO Ed] Carroll and AMC Studios president of business operations Rick Olshansky and AMC Studios president of production Stefan Reinhardt.”
THR adds, “as part of the restructuring, Schupack — currently executive vp marketing at AMC and Sundance — has been promoted to the new role of president of marketing, entertainment networks. Like Barnett and Madden, Schupack will have marketing oversight at AMC, BBC America, Sundance and IFC. Schupack, a 17-year AMC veteran, will report to Barnett.”