People/Biz

AMC Networks ups Christina Spade to CEO, brings on Patrick O’Connell as CFO

AMC Networks has announced that COO and CFO Christina Spade has been appointed chief executive officer, effective September 9. The announcement came as the company reported its second-quarter earnings on Friday ...
August 5, 2022

AMC Networks has announced that COO and CFO Christina Spade has been appointed chief executive officer, effective September 9.

The announcement came as the company reported its second-quarter earnings on Friday (August 5).

Spade (pictured) is a media and entertainment industry veteran who previously held senior roles at ViacomCBS, CBS Corporation and Showtime. She succeeds Matt Blank, who has been serving as interim CEO since last September.

Joining AMC Networks as EVP, CFO in January 2021, Spade was promoted to CFO and COO that November, in which capacity she oversaw the company’s key businesses and financial operations as well as investor relations and global technology.

Previously, Spade was EVP, CFO for the newly merged ViacomCBS, overseeing financial operations for the company. Prior to the CBSViacom merger in late 2019, Spade was EVP, CFO for CBS Corporation from October 2018. Before that, she was at Showtime Networks for several years, where she was instrumental in the launch of the Showtime OTT platform in 2015, among other achievements.

Said AMC Networks chairman James Dolan in a statement: “I want to thank Matt for his leadership over the past year, and for the changes he’s brought about in the company and best positioning us for our further pivot into streaming.”

“I’m delighted that Chris is taking over as our new CEO,” Dolan added. “She is a proven leader with a long track record driving transformative change in media and entertainment, and I am confident she has the expertise and vision to guide AMC Networks to greater success.”

Said Spade: “I am honored to assume the role of CEO. I’m a fan of this company in every respect, its content, brands, and most importantly, its people and dynamic and inclusive culture. I’m grateful for the support of Jim, our Board of Directors, and Matt, and I look forward to working with the strong team here to unlock the rich opportunities that lie ahead.”

The company also announced the hiring of Patrick O’Connell, previously a senior exec at CBS Corporation and Goldman Sachs, to the position of executive vice president, chief financial officer, reporting to Spade.

O’Connell, an experienced financial and strategic executive and media and technology industry veteran, joins AMC Networks from consumer e-commerce company Branded, where he led strategic planning, financing and acquisitions. Prior to Branded, he served as EVP, head of corporate development at CBS Corporation, where he was responsible for firm-wide strategy, financial forecasting, capital allocation, and mergers and acquisitions.

“Patrick is a highly accomplished executive focused on delivering strong financial performance, with a deep understanding of today’s media landscape opportunities,” Spade said. “I know he’ll be instrumental in driving the business forward with his strong finance track record, entrepreneurial drive and collaborative approach.”

The executive appointments come as AMC Networks continues to focus on its streaming platforms. Its streaming portfolio includes AMC+ and targeted platforms Acorn TV, ALLBLK, HiDive, Shudder and Sundance Now.

About The Author
Andrew Jeffrey joined Realscreen in 2021 as its news editor. Here, he helps to oversee assignment, reporting and editing for Realscreen's daily newsletter. Prior to his work covering documentary and non-fiction film and TV, he worked as a reporter and associate producer for CBC Edmonton, and as a reporter for The Star Calgary, where he covered daily news on beats such as local and provincial politics, health care and harm reduction, sports and education. His work has appeared in other Canadian news outlets such as TVO, the Edmonton Journal and Avenue Magazine.

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