AMC Networks Inc. has entered into a new employment agreement with Dan McDermott, extending his role as Chief Content Officer and President of AMC Studios through December 31, 2028. Under the agreement, McDermott will receive a minimum annual base salary of $1,625,000, retroactive to July 1, 2025, and an annual target bonus of at least 130% of actual salary paid, retroactive to January 1, 2025. He is also set to receive annual long-term incentive grants valued at no less than $1,600,000, split evenly between cash and equity. For the 2025 award cycle, McDermott has been granted additional long-term incentive awards totaling $600,000, comprised of a $300,000 cash performance award and $300,000 in restricted stock units. The agreement includes provisions for accelerated vesting of awards in the event of death or disability.