Latest in Adam Aron

In a sign that managing 4 million retail shareholders isn't all fun and games, AMC Entertainment CEO Adam Aron said most advice het gets in voluminous social media correspondence is "well intended" but "some may be hurled at us with an intent of actually harming me or the company." It's the first time he's publicly…

EXCLUSIVE: AMC Entertainment CEO Adam Aron said an earlier gig as chief executive of the Philadelphia 76ers got him active on social media, tweeting with his hometown NBA team's fan base. The experience proved key navigating a dramatic transformation in the theater chain's shareholder base from mostly institutions to…

From crypto payments, retail popcorn sales and NFTs, AMC Entertainment's diversification push now includes acquiring a stake in a publicly traded mining company, spinning its own version of box office gold. The nation's largest movie chain is buying 22% of Hycroft Mining Holding Corporation, making the move alongside…

Following AMC CEO Adam Aron’s announcement about hiking tickets for Warner Bros.’ The Batman over the weekend and the pic’s $128M+ opening, the circuit boss celebrated by posting a Tweet of Robert Pattinson’s Batman looking up at a dollar signal in the sky. “Some of you like mysterious tweets, looking for hidden…

EXCLUSIVE: In the wake of AMC CEO Adam Aron’s announcement during a recent earnings call that he’s raised ticket prices specifically on The Batman, there are some studio executives and producers who are miffed. It’s an audacious move at a time when moviegoing is desperate for a rebound following a financially…

Adam Aron, CEO of AMC Entertainment, said tickets for The Batman will cost more than other movies when it opens this week as the chain experiments with variable pricing. "Currently, our prices for The Batman are slightly higher than the prices we are charging for other movies playing in the same theaters at the same…

AMC Entertainment said sales jumped and losses narrowed for the three months ended in December as the pandemic receded and Spider-Man rocked the theater chain to its best quarter in two years. Revenue of $1.17 billion compared to $162.5 million in the year earlier period. Net losses shrank to $134.4 million, including…

AMC Entertainment has hired former Frito-Lay, Pepsico and Hostess Brands executive Ellen Copaken to the new position of Vice President, Growth Strategy to lead recently announced initiatives like entering the retail popcorn industry. She starts Feb. 18, reporting to Mark Pearson, AMC"s chief strategy officer Copaken…

AMC Entertainment has reached lease deals for two major-market, former ArcLight locations. In the San Diego market, AMC will reopen AMC UTC 14 at Westfield UTC, located in La Jolla, on Thurs., February 10. In the Washington, D.C. market, the giant chain will reopen AMC Montgomery 16 at Westfield Montgomery, with an…

UPDATED with expanded offer, pricing: AMC Entertainment has upsized its planned private offering to $950 million to pay down debt — nearly double the $500 million offering it announced yesterday morning — as the giant exhibitor looks to shore up its finances amid a box office still muted from pre-pandemic levels. In…

Giant theater chain AMC Entertainment said it expects revenue for the three months ended in December jumped to $1.17 billion from $162.5 million the year before in preliminary numbers  released Tuesday morning. The numbers aren’t the company’s official fourth-quarter report which is still to be released TBA. The…

In early January, AMC Entertainment CEO Adam Aron announced a New Year's Resolution to refinance high interest debt the chain took on to survive the pandemic. Today, the WSJ reports he's "in advanced talks with multiple parties" to do just that but a dip in the company’s stock (and its bonds) hasn’t helped. "The…