James Dolan tightens grip on struggling media empire by hiring wife

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James Dolan tightens grip on struggling media empire by hiring wife
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Dolan raised eyebrows this week by naming his wife Kristin as CEO of AMC Networks.

Billionaire James Dolan looked around the business world and decided the best people to run two of his struggling ventures were he and his wife.

Her predecessor as AMC Networks CEO, Christina Spade, abruptly exited the gig after just three months on the job at the same time the layoffs were announced. Dolan described his wife, a longtime Cablevision executive, as “the ideal person to lead AMC Networks into its next chapter.”Kristin Dolan will earn a base salary of at least $2 million.“Kristin is a proven executive and operational leader with a track record driving organizational change, a history managing subscription-based businesses, and a deep understanding of audience engagement and advertising,” Dolan said in a statement.

MSG Sphere President Lucas Watson exited effective immediately and MSG Sphere Senior Manager of Business Operations Jenna Wolfenson is also departing.Variety via Getty Images

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