Who owns AMC?
A company whose ownership is widely distributed across the general public, as is the case of AMC, can benefit in a couple of ways. For instance, AMC can implement or change company policy without necessarily being aligned first with a handful of key shareholders. Rainbow Programing Services was formed in mid-1980, it originally was a…
A company whose ownership is widely distributed across the general public, as is the case of AMC, can benefit in a couple of ways. For instance, AMC can implement or change company policy without necessarily being aligned first with a handful of key shareholders.
Rainbow Programing Services was formed in mid-1980, it originally was a joint venture of four cable television companies: Cablevision, Comcast, Cox Communications, and Daniels & Associates. In 1984, Rainbow added another new network to its portfolio, American Movie Classics (AMC) which initially featured “classic” pre-1970 movies. Cablevision began packaging AMC and Bravo together as the Rainbow Service.
Who owns AMC?
AMC is managed by, James L. Dolan (Executive chairman) and, Christina Spade (CEO), However, AMC stock is owned, by and large, by retail investors, roughly speaking, the AMC ape community. Based on the latest shareholder count provided by AMC itself, the percentage of general public ownership is now greater than 80%, with each retail investor holding around 120 shares ($5,000) on average.
American Movie Classics Networks, owns and operates the eponymous cable channel and its siblings, IFC, We TV, and Sundance TV; the art house movie theater IFC Center in New York City, the independent film companies IFC Films and RLJE Films, the anime licensor Sentai Filmworks.
The premium subscription streaming services AMC+, IFC Films Unlimited, Acorn TV, Allblk, Shudder, Sundance Now, and Hidive; and a minority interest in leading Canadian production studio Shaftesbury Films. Key people, James L. Dolan (Executive chairman) Christina Spade (CEO)
