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AMC Networks Lays Out Restructuring Costs
AMC Networks is undergoing a restructuring that could see it incur as much as $475 million in pre-tax charges. Those charges will include strategic programming assessments leading to content charges of $300-400 million and organizational restructuring costs (including severance, retention and other related costs) of approximately $50-75 million, according to a Thursday SEC filing.
Eliot Goldberg , AMC Networks ’ evp of nonfiction and alternative programming for the entertainment group, is stepping down. Marco Bresaz , svp
AMC Networks promoted two key execs in its non-fiction and alternative programming group. Marco Bresaz was upped to svp, non-fiction