James Dolan named AMC Networks chairman as Charles Dolan steps aside:
Cable mogul Charles Dolan will step down as executive chairman of AMC Networks, with the 93-year old shifting to a chairman emeritus role. In his place, Dolan's son James Dolan will become chairman of the company, which owns AMC, IFC, Sundance Channel and BBC America.
The Dolan family controls about 70 percent of the voting shares in AMC Networks, and also own controlling stakes in Madison Square Garden Sports, which owns the New York Knicks and New York Rangers, and Madison Square Garden Entertainment, which owns the namesake venue in New York City, as well as Radio City Music Hall and the forthcoming MSG Sphere in Las Vegas.
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