Christina Spade, who joined AMC Networks final January as chief monetary officer, is gaining the extra title of chief working officer.
In the twin position, she’s going to oversee companies like AMC Networks International whereas persevering with to guide monetary operations, investor relations and world technology.
Spade had a prolonged run at Showtime, working for its former CEO, Matt Blank, who was named interim CEO of AMC Networks in August. He stepped in for Josh Sapan, who had a 26-year tenure main the company. In addition to being CFO at Showtime, Spade held the title at CBS Corp. and ViacomCBS.
The COO put up had beforehand belonged to Ed Carroll, whose exit from the company after a 34-year run was introduced in September.
“Chris is a talented, experienced and versatile executive whose contributions have been critical to AMC Networks’ strong performance this year,” mentioned Blank. “Having worked alongside Chris for many years at Showtime, I know her leadership skills, her deep understanding of our business, and her strategic and data driven approach make her an ideal choice for this new role as we continue to rapidly grow our streaming business and build upon our substantial owned IP, and with our continued strong performance of our traditional linear channels.”
“I look forward to continuing to work with Matt and the talented team at AMC Networks in this new role, which will enable me to further lead the company’s ongoing business transformation and unlock opportunities for more efficient operations while also helping to guide and manage our investments for growth,” mentioned Spade.
AMC Networks, like most media firms, is executing a shift towards streaming. Its portfolio of focused streaming providers, amongst them Shudder, AcornTV and AMC+, have grown by 30% over the previous year and can attain 9 million combination subscribers by year-end. The company has mentioned it expects to achieve 20 million to 25 million subscribers by 2025, by which level extra income shall be coming in from streaming than from the linear business.
Spade started her career as an audit supervisor with PricewaterhouseCoopers.