AMC Networks Hunts For Permanent CEO As Veteran Chief Resigns Abruptly


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


  • AMC Networks Inc (NASDAQ:AMCXappointed former Showtime Networks Inc's Matthew Blank as the interim CEO effective September 8. The company had initiated a search for a permanent CEO.
  • CEO Josh Sapan transitioned to the role of Vice-Chairman after 26 years in the position.
  • Sapan is credited for AMC's transformation, pitting it against streaming powerhouses like  AT&T Inc's (NYSE:T), HBO, and Netflix Inc (NASDAQ:NFLX), Bloomberg reports
  • AMC Networks also fueled takeover speculations due to its relatively small size in a consolidating media landscape.
  • AMC Networks reported a Q2 beat this month.
  • Price Action: AMCX shares traded lower by 1.03% at $48.82 on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsManagementTechBriefs