AMC and Sundance TV are merging their ad sales departments together, the companies will announce Thursday.
While AMC Networks had no comment on possible job loss as a result of the restructuring, an individual with knowledge of the situation told TheWrap that this realignment will result in a small handful of layoffs.
The new streamlined department will report to Marc Krok, senior vice president of ad sales and former ad sales chief for AMC.
As part of the restructuring, former Senior VP of Ad Sales for SundanceTV Todd Schwartzman has been named to the same title for BBC America, which AMC Networks now runs in a joint venture with BBC Worldwide.
WE tv Ad Sales will continue to be led by Senior Vice President Allison Clarke and IFC Ad Sales will continue to be led by Senior Vice President Vanessa Benfield. Krok, Schwartzman, Clarke and Benfield all report into Scott Collins (pictured above), Executive Vice President of Ad Sales, who has now added to his portfolio sales oversight of BBC America, SundanceTV and IFC. Collins continues to report to Manos, as does the BBC World News Advertising Sales group, headed by Vice President Michael Graff.
“AMC Networks has one of the most successful ad sales teams in the business,” said Arlene Manos, head of AMC Networks advertising sales.
“This realignment allows us to better utilize the top tier talent we have across our sales organization while creating efficiencies for our advertising partners,” stated Manos. “Under the direction of Scott and Steve, our ad sales and sales planning teams are well positioned to continue to lead the company to future revenue growth.”
Tony Maglio contributed to this report.