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.
Charles Dolan has led the board of AMC Networks ever since it spun off from his family's cable TV business Cablevision in 2011.
The Dolans sold Cablevision to the European telecom giant Altice in 2016 for $17.7 billion, retaining control of AMC Networks and their Madison Square Garden businesses.
Read more on hollywoodreporter.com