AMC Networks Extends Content Chief Dan McDermott’s Contract Through End Of 2028

AMC Networks has extended the contract of Chief Content Officer Dan McDermott, who also heads up AMC Studios, through the end of 2028. The cable programmer and specialty streamer revealed the extension in an SEC filing Thursday, saying the move had been made Tuesday. McDermott will receive a base salary of $1. 625 million a year and also be eligible for bonuses. About $1. 6 million a year in cash grants and equity awards are expected, the filing said. Like other owners of cable networks, AMC Networks has been under pressure due to cord cutting and eroding viewing and advertising on traditional linear TV. 4 million total subscribers. Streaming is poised to overtake linear TV in terms of annual revenue, but its economic models are still a work in progress. McDermott has shepherded the Anne Rice and Walking Dead universes for AMC Networks as well as the well-regarded anthology mystery Dark Winds. AMC Studios also has occasionally produced shows for third parties, among them Silo for Apple TV. Prior to joining AMC Networks, McDermott was head of the Lionsgate-BBC Studios scripted TV partnership, a producer, writer and partner in Di Bonaventura Pictures Television, and the first president of television at DreamWorks. Over a decade-long run at DreamWorks, McDermott oversaw shows like Spin City, Freaks and Geeks and miniseries Band of Brothers. He also held various roles at the Fox Broadcasting Network.
https://deadline.com/2025/11/amc-networks-extends-content-chief-dan-mcdermott-contract-2028-1236625276/