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. The company has made a push into streaming, but via a collection of niche properties like Shudder, AMC+ and AcornTV, with the portfolio at 10.4 million total subscribers. Streaming is

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