Dolan Family Updates AMC Networks Ownership via Complex Trust Structure

TL;DR

**Dolan family still firmly controls AMC Networks through a maze of trusts.**

AI Summary

The Dolan family, including Charles F. Dolan and his descendants, has updated their beneficial ownership of AMC Networks Inc. (AMCX) as of January 3, 2024. This SC 13D/A filing indicates a complex web of trusts and individual holdings, collectively maintaining significant control over the company. This matters to investors because the Dolan family's continued substantial ownership means they retain considerable influence over strategic decisions, which can impact the company's future direction and shareholder value.

Why It Matters

The Dolan family's continued significant beneficial ownership means they maintain strong control over AMC Networks' strategic direction, potentially influencing major corporate decisions and long-term performance.

Risk Assessment

Risk Level: low — This filing primarily updates ownership structures within a controlling family, indicating stability rather than a significant change in control or immediate operational risk.

Analyst Insight

Investors should recognize that the Dolan family's substantial and complex ownership structure means they will continue to exert significant influence over AMC Networks' strategic decisions, making their long-term vision crucial for the company's future.

Key Players & Entities

• Charles F. Dolan (person) — beneficial owner and patriarch of the Dolan family
• AMC Networks Inc. (company) — the issuer of the securities
• Brian G. Sweeney (person) — trustee of several Dolan family trusts
• Deborah A. Dolan-Sweeney (person) — individual owner and trustee of Dolan family trusts
• Corby Dolan Leinauer (person) — trustee of several Dolan family trusts

FAQ

Key Financial Figures

• $0.01 — ssuer) Class A Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• tm2333909d1_sc13da.htm (SC 13D/A) — 461KB
• tm2333909d1_ex99a.htm (EX-99.A) — 55KB
• tm2333909d1_ex99b.htm (EX-99.B) — 41KB
• tm2333909d1_ex99c.htm (EX-99.C) — 9KB
• 0001104659-24-000892.txt ( ) — 570KB

From the Filing

SC 13D/A 1 tm2333909d1_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No .13) AMC Networks Inc. (Name of Issuer) Class A Common Stock, par value $0.01 per share (Title of Class of Securities) 00164V 103 (CUSIP Number) Samantha H. Crispin Quentin W. Wiest Baker Botts L.L.P. 30 Rockefeller Plaza New York, New York 10112 ( 212) 408-2500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 29, 2023 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box Note . Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 00164V 103 1. Names of Reporting Persons Charles F. Dolan, individually and as a Trustee of the Charles F. Dolan 2009 Revocable Trust 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4. Source of Funds (See Instructions) 00 – See Item 3 of Statement 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ 6. Citizenship or Place of Organization U.S.A. Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 3,681 8. Shared Voting Power 5,675,122 9. Sole Dispositive Power 3,681 10. Shared Dispositive Power 5,675,122 11. Aggregate Amount Beneficially Owned by Each Reporting Person 5,678,803 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) * 13. Percent of Class Represented by Amount in Row (11) 15.3% 14. Type of Reporting Person (See Instructions) IN * Excludes 6,365,191 shares of AMC Networks Inc. Class A Common Stock, par value $0.01 per share (“Class A Common Stock”), issuable upon conversion of an equal number of shares of AMC Networks Inc. Class B Common Stock, par value $0.01 per share (“Class B Common Stock”), held by other Reporting Persons hereto as to which Charles F. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. 2 CUSIP No. 00164V 103 1. Names of Reporting Persons James L. Dolan 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4 Source of Funds (See Instructions) 00 – See Item 3 of Statement 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ 6. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 164,454 8. Shared Voting Power 1,107,484 9. Sole Dispositive Power 164,454 10. Shared Dispositive Power 1,107,484 11. Aggregate Amount Beneficially Owned by Each Reporting Person 1,271,938 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) * 13. Percent of Class Represented by Amount in Row (11) 3.8% 14. Type of Reporting Person (See Instructions) IN * Excludes 10,360,861 shares of Class A Common Stock issuable upon conversion of an equal number of shares of Class B Common Stock held by other Reporting Persons hereto as to which James L. Dolan disclaims beneficial ownership. This report shall not be construed as an admission that such person is the beneficial owner of such securities. 3 CUSIP No. 00164V 103 1. Names of Reporting Persons Thomas C. Dolan 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) 3. SEC Use Only 4 Source of Funds (See Instructions) 00 – See Item 3 of Statement 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ 6. Citizenship or Place of Organization USA Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 46,299

View Full Filing

View this SC 13D/A filing on SEC EDGAR