Latest in Adam Aron

On today’s earnings call for the No. 1 financially challenged exhibitor AMC, CEO Adam Aron took the high road in not damning Disney for their recent seisimic-shifting choice to take Mulan to Disney+ instead of theaters where the streaming service is available. “You might thing I’m disappointed that Mulan is moving…

AMC Entertainment saw revenue plunge to $18.9 million for the second quarter ended from in June from $1.5 billion the year before as it swung to the red, no surprise for the nation's – and world's — largest theater chain, that saw most locations shuttered completely for the entire three months. The company swung a net…

AMC Entertainment announced Monday it's officially concluded a complex, and controversial, restructuring of approximately $2.6 billion of its debt that included an exchange and fresh capital raise. The news came as iyd new distribution deal with Universal Pictures continues to roil the industry. Holders of more than…

As expected with NYC and LA cinemas still not opened, and Tenet, the first big event pic heading to Aug. 12, the No. 1 exhibitor in the U.S., Europe and the Middle East, AMC, will now reopen its circuit on July 30 instead of July 15. On the new date, the Leawood, KS-based chain will resume operations of 450 U.S…

EXCLUSIVE: We have just received word that No. 2 film exhibitor Regal Cinemas is requiring all patrons to wear face masks. In an updated policy made public Friday on the chain’s website, “As related to our employees, guests will also be required to wear masks. Disposable masks will be made available as needed,” noted…

In the wake of making controversial statements yesterday about AMC not mandating face masks in those parts of the country that aren’t requiring it during the COVID-19 pandemic, CEO Adam Aron, having heard the social media backlash, on Friday changed the chain’s policy and is now requiring patrons to wear masks whether…

Alamo Drafthouse will be requiring all its moviegoers, coast to coast, to wear masks to its theaters. “When we open, the safety of our teammates and guests cannot be compromised. This is not political,” the chain said in a statement Friday on Twitter. “We will require that guests wear masks at the theater (except when…

AMC has made official their U.S. reopening plans after what will be a four-month shutdown due to COVID-19 with 450 U.S. locations on July 15, roughly 150 remaining locations in time for Disney’s Mulan on July 24 and Warner Bros. Tenet on July 31. AMC will have opened their locations over four internal phases. In phase…

AMC Entertainment CEO Adam Aron believes New York City’s arduous recovery from COVID-19 leaves an uncertain outlook for theaters there being ready to play Warner Bros.’ Tenet when it opens July 17. The global footprint of AMC locations is aiming to welcome the Christopher Nolan-directed release, Aron said on a…

Struggling movie theater chain AMC Entertainment said CEO Adam Aron earned $9.67 million in 2019, up slightly from $9.47 million the year before. His package included a $1.25 million base salary, stock awards for $6.48 million and non-equity incentive plan compensation of $1.92 million. The nation’s largest chain…

S&P Global said the world’s largest exhibitor AMC Entertainment risks running out of cash by mid-summer and the ratings agency doesn’t think movie theaters will reopen in June – a prediction AMC CEO Adam Aron made on CNBC this week. “We expect AMC Entertainment … theaters will remain closed beyond June due to the…

AMC Theatres CEO Adam Aron sat down for an interview on CNBC’s Squawk Alley today, telling the show’s hosts that the chain’s possible re-opening between May to mid-June is still “more of the right timing, but nobody knows.” Aron shut down the biggest exhibition chain out of coronavirus safety on March 17, and believes…