Cablevision founder Charles Dolan is stepping down as executive chairman of AMC Networks, and will become chairman emeritus. Dolan has led the AMC Networks board ever since the company was spun off from Cablevision in 2011. His son James L. Dolan, who is also executive chairman of The Madison Square Garden Company and MSG Networks (both Cablevision spinoffs), will succeed him. When the Dolans sold Cablevision to the European telecom company Altice in 2016 they retained control of the AMC Networks and Madison Square Garden businesses. The Dolan family currently controls about 70 percent of the voting shares in AMC Networks. “The Dolans have led this company from its inception, and both Charles and Jim have provided vision, guidance and support through its long history of growth and evolution," said AMC Networks CEO Josh Sapan in a statement.
Red Ventures, which includes such digital brands as Healthline, Bankrate and Reviews.com, says it has entered into a definitive agreement to acquire CNET Media Group from ViacomCBS for $500 million. In addition to technology news brand CNET, CNET Media Group includes ZDNet, a leader in B2B focused content and Gamespot, a games information brand, as well as TVGuide, Metacritic and Chowhound. CNET Media Group executive vice president and general Mark Larkin and his senior team will remain in place after the acquisition. "CNET Media Group has built a dynamic portfolio of brands with well-earned authority on such topics as consumer tech and gaming that play an increasingly important role in people's lives,” said Red Ventures CEO and co-founder Ric Elias. “Red Ventures is eager to invest in CNET Media Group's growth with more personalized consumer experiences that will reinvigorate CNET Media Group's brands."
Marie Claire editor-in-chief Aya Kanai is leaving that position to join Pinterest in the newly created role of head of content and editorial partnerships. According to WWD, Kanai’s departure was not expected by Hearst management. Before coming to Marie Claire, she served as chief fashion director for a group of Hearst publications that included Cosmopolitan and Redbook. Kanai had only been at Marie Claire since January, when she succeeded Anne Fulenwider, who left to build a start-up dedicated to women’s health. Sally Holmes, currently Marie Claire's digital director, will be taking over from Kanai. Holmes was previously executive editor at Elle.com.