James Dolan, interim executive chairman of AMC Networks, made a rare appearance on the company’s quarterly earnings call with Wall Street analysts, addressing a major exec change and the strategy for facing a complicated operating environment
, made a rare appearance on the company’s quarterly earnings call with Wall Street analysts, addressing a major exec change and the strategy for facing a complicated operating environment.
“Based on Kristin’s considerable operational and executive experience for 30-plus years working in media and entertainment, including her prior history managing subscription-based businesses, the board concluded she is the best candidate for the role.” He added that she has “a strong track record of driving institutional change.”“The current mechanisms for monetizing content are not working,” he said. “The content industry needs to reorg itself.
earlier today. As of mid-day, they were up 25% to around $26 a share, on nearly three times their normal trading volume.
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