It's also about 10-15 years out of date. Audiences have been rejecting sexy-time "edgy" crime soap drama series on the networks for a long time now. That's not in step with what America in general wants to see at this point, when they are struggling to even get through each day. The original concept of AMC might get viewers. This will not.
Mark Consuelos is deeply offputting to me and has been for decades, so his name alone being heavily involved in this makes me extremely wary. He is also heavily involved with the truly godawful Riverdale, which, with its obsessive disdain for anyone who isn't a straight white male and callous treatment of race and sexual orientation, is basically everything that killed daytime in the first place.
If Kelly Ripa really loved AMC, then a great way to show it would not be stripmining the name, and Agnes Nixon's memory, for cash. If that is the plan, then I beg them to take AMC OUT of the title, immediately.