AMC Networks CEO Josh Sapan received $17.7 million in total compensation last year, down from $40.3 million a year ago, according to the company.
Last year, Sapan received a stock award with $25 million as a retention award for signing a new employment agreement with the company.
Sapan’s base salary was unchanged at $2 million, and he received $10.1 million from the company’s non-equity incentive plan, AMC Networks said.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.