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Amc Theatres

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AMC Theatres Posts Slower Quarter as Attendance Falls and Revenues Dip
business6 days ago

AMC Theatres Posts Slower Quarter as Attendance Falls and Revenues Dip

AMC Theatres posted a modest revenue for the December quarter at about $1.28 billion, down 1.4% year over year, while attendance dropped roughly 10% to 56.3 million. The company narrowed losses to $127.4 million (25 cents per share) from $135.6 million a year earlier, with concessions and admissions revenue also down. Despite the decline, AMC remains levered and CEO Adam Aron expressed optimism that a 2026 lineup of blockbuster releases could help drive a box-office recovery.

via Variety|
#amc-theatres#attendance#box-office-recovery
AMC Skips AI-Generated Short After Online Backlash
entertainment9 days ago

AMC Skips AI-Generated Short After Online Backlash

AMC Theatres won’t screen the AI-generated short Thanksgiving Day, a Frame Forward festival winner that was set for a two-week run in cinemas via Screenvision’s pre-show; AMC says it was not involved in creating the content and will not participate at its locations. The project, created with AI tools Gemini 3.1 and Nano Banana Pro, follows a bear and his platypus assistant on a galaxy-spanning voyage, and the decision underlines ongoing debates about artificial intelligence in filmmaking and how exhibitors approach AI-driven programming.

via Variety|
#ai-film#amc-theatres#entertainment
AMC Opts Out of Screening AI Short Film After Online Backlash
entertainment9 days ago

AMC Opts Out of Screening AI Short Film After Online Backlash

AMC Theatres decided not to screen the winning AI-generated short “Thanksgiving Day” from Frame Forward’s AI film festival as part of its third-party pre-show, after online backlash over AI content in cinemas. The screening was arranged by Screenvision Media (which handles pre-show content for multiple chains); AMC said it was not involved in creating the content and has informed Screenvision that AMC locations will not participate. It remains unclear whether other theater chains will follow suit.

via The Hollywood Reporter|
#ai-in-film#amc-theatres#entertainment
entertainment4 months ago

Netflix and AMC Collaborate on Stranger Things and Kpop Demon Hunters

Netflix and AMC Theatres are collaborating more closely, with AMC agreeing to screen Netflix's 'KPop Demon Hunters' in 300 venues and hosting 'Stranger Things' finale in theaters, signaling a shift towards more theatrical releases from Netflix aimed at boosting reach and fan engagement, despite Netflix's previous stance that cinemas are outdated.

via Variety|
#amc-theatres#entertainment#kpop-demon-hunters
entertainment1 year ago

AMC Theatres Breaks Thanksgiving Attendance and Revenue Records

AMC Theatres set a new attendance record over the Thanksgiving holiday, with 8.8 million moviegoers visiting from Wednesday to Sunday, driven by popular films like Disney's 'Moana 2', Universal's 'Wicked', and Paramount's 'Gladiator II'. This surge led to record highs in admissions and concessions revenue, surpassing previous Thanksgiving records from 2018. The 5-day holiday period also saw a record $420 million in box office revenue in the U.S. and Canada, highlighting a strong resurgence in moviegoing.

via Deadline|
#adam-aron#amc-theatres#box-office
entertainment1 year ago

'Moana 2' Breaks Box Office Records Amidst Thanksgiving Surge

The U.S. box office hit a record $422 million over the Thanksgiving weekend, surpassing the previous 2018 record of $315.6 million. This surge was driven by the releases of 'Moana 2', 'Wicked', and 'Gladiator II', with 'Moana 2' setting a new five-day opening record. AMC Theatres CEO Adam Aron described the weekend as a "national phenomenon," highlighting the success of counterprogramming with high-quality tentpole films. The strong performance signals a post-COVID rebound in moviegoing.

via Deadline|
#amc-theatres#box-office#entertainment
entertainment1 year ago

Cynthia Erivo Supports 'Wicked' Fans Singing Despite Theater Restrictions

Cynthia Erivo, star of the film adaptation of 'Wicked,' expressed her support for fans singing along during movie screenings, despite some theaters like AMC requesting audiences to refrain from doing so to avoid disruptions. Erivo shared her views during an appearance on the Macy's Thanksgiving Day Parade, highlighting the joy of sharing the musical experience with fans. The debate over audience conduct in theaters continues, with some advocating for a more traditional viewing experience.

via Deadline|
#amc-theatres#audience-conduct#cynthia-erivo
"Four Women Stabbed at Braintree AMC Theater, Suspect at Large"
crime1 year ago

"Four Women Stabbed at Braintree AMC Theater, Suspect at Large"

Jared Ravizza, a 26-year-old from Chilmark, was arrested after allegedly stabbing four girls at an AMC theater in Braintree and two McDonald's employees in Plymouth. The attacks appeared unprovoked, and all victims suffered non-life-threatening injuries. Ravizza was apprehended after a police chase and is also a suspect in a Connecticut homicide. He has a history of violent behavior, including a recent assault on his father. Ravizza faces multiple charges, including assault with intent to murder.

via WCVB Boston|
#amc-theatres#braintree#crime
"AMC Theatres Battles $4.5B Debt with Taylor Swift Boost and Viral Popcorn Buckets"
business1 year ago

"AMC Theatres Battles $4.5B Debt with Taylor Swift Boost and Viral Popcorn Buckets"

AMC Theatres has managed to avoid bankruptcy despite significant financial challenges, thanks in part to innovative strategies and partnerships, including a successful concert film with Taylor Swift. CEO Adam Aron has navigated the company through the pandemic, meme stock frenzy, and industry disruptions, while continuing to invest in theater upgrades and new revenue streams. The company faces ongoing financial hurdles but remains optimistic about future box office growth and profitability.

via Variety|
#adam-aron#amc-theatres#bankruptcy
"Taylor Swift and Beyoncé's Concert Films Drive AMC's Revenue Surge"
entertainment2 years ago

"Taylor Swift and Beyoncé's Concert Films Drive AMC's Revenue Surge"

AMC Theatres CEO Adam Aron attributed a significant increase in revenue and EBITDA to the success of distributing Taylor Swift's and Beyoncé's concert films, which outgrossed competitors' theatrical offerings. Despite setbacks in 2023, including labor action delaying new releases, the momentum generated by recent and upcoming blockbusters like "Barbie," "Oppenheimer," "Mean Girls" remake, and "Dune: Part Two" suggests a positive trajectory for movie theaters. The success of the concert films and upcoming releases has revitalized the moviegoing experience, with audiences showing enthusiasm for exclusive merchandise and collectible popcorn buckets.

via NBC News|
#amc-theatres#beyonce#box-office
"AMC Theatres Unveils Trio of New Nicole Kidman Ads"
entertainment2 years ago

"AMC Theatres Unveils Trio of New Nicole Kidman Ads"

AMC Theatres will debut three new Nicole Kidman-led ads in its theaters starting in March, featuring a 30-second version of the "We Make Movies Better" ad and two other variations. The campaign emphasizes AMC's state-of-the-art technology and commitment to providing unparalleled cinematic experiences for moviegoers. The original ad, launched in 2021, is known for its iconic line, "Somehow, heartbreak feels good in a place like this," and celebrates its one-year anniversary. Oscar-nominated screenwriter Billy Ray discussed the inspiration behind the ad's "heartbreak" line, highlighting the cathartic experiences that movies provide for audiences.

via Variety|
#ad-campaign#amc-theatres#cinematic
"Taylor Swift and Beyoncé Concert Films Drive AMC Theatres' Revenue Growth"
business2 years ago

"Taylor Swift and Beyoncé Concert Films Drive AMC Theatres' Revenue Growth"

AMC Theatres reported a fourth-quarter revenue increase to $1.10 billion, attributing the growth to the success of concert movies featuring Taylor Swift and Beyoncé. Despite a diminished box office overall, the theater chain's revenue grew by 11.5%, with total attendance reaching 51.9 million. AMC is introducing a new Nicole Kidman commercial and plans to show more concert movies in 2024 and 2025. The company has taken measures to offset the impact of industry strikes, including reducing operating hours and cutting costs, while also reducing its debt and tightening its theater portfolio. CEO Adam Aron addressed retail shareholders' concerns and committed to reducing his target compensation by 25% for the next 12 months.

via Hollywood Reporter|
#amc-theatres#beyonce#business