We've Got Hollywood Covered
|

AMC Networks CEO Josh Sapan’s Pay Dips to $20.2 Million in 2019

Sapan made $20.6 million in 2018

| April 29, 2020 @ 6:27 AM
Josh Sapan AMC Networks

Getty Images

AMC Networks president and CEO Josh Sapan’s pay dipped to $20.2 million in 2019, which is down just under 2% from what he made in 2018, the company revealed via a regulatory filing Wednesday.

The overseer of AMC, Sundance TV, IFC, BBC America, WE TV and all the rest made $20.6 million in 2018, which was -31% from the prior year’s $29.6 million haul.

Sapan’s salary remained the same as previous years’ at $2 million. His stock awards declined slightly from $13.87 million to $13.81 million and his Non-Equity Incentive Plan Compensation category decreased from $4.6 million to $4.4 million. The majority of Sapan’s year-to-year difference was seen in the “All Other Compensation” column, where he fell from $120,786 to $20,786.

Also Read: AMC Networks Hires Lionsgate TV Executive Dan McDermott as Original Programming Chief

The much larger hit Sapan took in his compensation change from 2017 to 2018 was the result of the company moving away from processes that caused a “bunching” effect in executive pay, as was explained in AMC’s year-ago filing, which reported exec pay for 2018:

In 2016, the company changed its long-term incentive compensation from a long term cash performance award (‘CPA’), which the company awarded prior to 2016, to a long-term equity-based award in the form of [Performance Stock Units]. SEC reporting rules require that the company report CPAs when paid at the end of their three-year performance cycle. At the same time, SEC rules require that PSU awards, which also vest after a three-year performance cycle, be reported in the year granted. This results in a ‘bunching’ effect for the calendar years ended December 31, 2016 and December 31, 2017 because 2016 includes both the value of the CPAs that were granted in 2014 and the value of the PSUs granted in 2016, and 2017 includes both the value of the CPAs that were granted in 2015 and the value of the PSUs granted in 2017.

Because no CPAs were outstanding after December 31, 2017, there is no ‘bunching’ effect for the NEOs’ 2018 compensation.

AMC Networks is set to report its first-quarter 2020 earnings next week.

Spring TV 2020: Premiere Dates for New and Returning Shows (Photos)

  • spring premiere dates 2020 Showtime/Netflix/ABC/Apple
  • Celebrity Watch Party Fox
  • The Eddy Netflix
  • Solor Opposites Hulu
  • Dead to Me Season 2 Netflix
  • I Know This Much Is True HBO
  • Misery Index TBS
  • The Great Hulu Hulu
  • She-Ra and the Princess of Power Netflix
  • Bering Sea Gold Discovery
  • Hightown Starz
  • Snowpiercer TNT
  • The Big Flower Fight Trailer Netflix
  • DC Universe
  • The 100 The CW
  • Married at First Sight Lifetime
  • Ultimate Tag Fox
  • Jay Leno's Garage CNBC
  • BURDEN OF TRUTH The CW
  • Labor of Love cast Fox
  • Holey Moley ABC
  • To Tell the Truth Anthony Anderson Beats ABC
  • Selling Sunset Netflix
  • Janelle Monae Amazon Prime Video
  • Naked and Afraid Discovery
  • Titan Games Dwayne Johnson NBC
  • NBC
  • World of Dance - Season 4 NBC
  • Craftopia HBO Max HBO Max
  • Legendary HBO Max HBO Max
  • Looney Tunes Cartoons HBO Max HBO Max
  • Not Too Late Show With Elmo HBO Max
  • Love Life Anna Kendrick HBO Max
  • GAME ON! CBS
  • ABC
  • Apple TV+
  • Netflix
  • Ramy Hulu
  • Celebrity Family Feud ABC
  • Press Your Luck ABC
  • Match Game ABC ABC
  • AMC
  • 90 Day Fiance the Other Way TLC
  • NOS4A2 AMC/BBC America
  • Fuller House Netflix
  • “’The Bachelor_ The Most Unforgettable – Ever!’ ABC
  • Dirty John USA Network
  • RuPauls Drag Race All Stars Showtime
  • I May Destroy You HBO
  • Spectrum
  • ADAM SCOTT Dont ABC
  • Pokemon Journeys The Series Netflix
  • Love Victor Hulu
  • Taste the Nation with Padma Lakshmi Hulu
1 of 54

Here’s when 53 broadcast, cable and streaming series debut and come back

Spring has been sprung for quite a while now and with the changing of the seasons came the changing of many channels as a slew of new shows began to premiere. In honor of the months that bring showers and flowers, TheWrap has rounded up the start dates for not just the new and returning shows on Fox, ABC, NBC, CBS and The CW, but also the ones for the eagerly-anticipated series hitting cable channels and streaming services this spring. Click through our gallery to find out when your favorite spring shows will be back and when your (possible) new favorites will debut.

Also Read: Fall TV 2020: Every Broadcast Show Canceled, Renewed and Ordered – So Far (Updating)

View In Gallery

LIKE US