AMC Networks Awards Dan McDermott New Multi-Year Contract With Enhanced Compensation

Reuters11-21

AMC Networks Awards Dan McDermott New Multi-Year Contract With Enhanced Compensation

AMC Networks Inc. has entered into a new employment agreement with Dan McDermott, extending his role as Chief Content Officer and President of AMC Studios through December 31, 2028. Under the agreement, McDermott will receive a minimum annual base salary of $1,625,000, retroactive to July 1, 2025, and an annual target bonus of at least 130% of actual salary paid, retroactive to January 1, 2025. He is also set to receive annual long-term incentive grants valued at no less than $1,600,000, split evenly between cash and equity. For the 2025 award cycle, McDermott has been granted additional long-term incentive awards totaling $600,000, comprised of a $300,000 cash performance award and $300,000 in restricted stock units. The agreement includes provisions for accelerated vesting of awards in the event of death or disability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMC Networks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001514991-25-000068), on November 20, 2025, and is solely responsible for the information contained therein.

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ID: 0001514991-25-000068), on November 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMCX","symbol_name":"AMC网络公司","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251120:nNDL65wLx6:1","article_id":"2585168096","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585168096","pubTimestamp":1763676517,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"AMC Networks Inc. has entered into a new employment agreement with Dan McDermott, extending his role as Chief Content Officer and President of AMC Studios through December 31, 2028. 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