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AMC to reduce staff by 10%

November 20, 2020 11.45 Europe/London By Julian Clover

AMC Networks is to reduce the headcount of its US office by 10%.

Close to 100 posts will go as the company looks to reorganise its operations, moving away from linear broadcasts in favour of streaming services.

The plans were revealed by CEO Josh Saplin during a virtual staff meeting held Thursday.

Deadline reported insiders at the company had told them Saplan’s central objective for 2021 was to change how the company operates, an acknowledgement that drawing in customers to streaming services is a different process to pulling in higher carriage fees on linear channels.

WarnerMedia and NBCUniversal have both reduced their headcounts, while ViacomCBS and Disney have also restructured following major mergers.

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Filed Under: Editor's Choice, Newsline, Top Story, TV Tagged With: AMC Networks Edited: 23 November 2020 12:51

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

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