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AMC Ent. To Install Laser Projectors At 3,500 U.S. Auditoriums In Major Upgrade; Deal With Cinionic Rolls Out Through 2026
AMC Entertainment is planning its first major upgrade since the transition to digital, announcing a deal with Cinionic to roll out laser projectors to 3,500 of its U.S. auditoriums through 2026.
The 'Laser at AMC' initiative "represents a significant acceleration of AMC's commitment to enhance the on-screen…
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24 Comments Comment on AMC Ent. To Install Laser Projectors At 3,500 U.S. Auditoriums In Major Upgrade; Deal With Cinionic Rolls Out Through 2026
Adam Aron Unloads More Of His AMC Entertainment Stock, CEO Promises No More Selling
AMC Entertainment CEO Adam Aron has sold another tranche of stock, the latest in a flurry of selling he had warned investors was coming but said today is now over.
According to an SEC filing, the exec unloaded 312,500 shares yesterday at $22.846 — so about $7.14 million. Last month, he divested $9.65 million worth of…
Daniel Craig And Rami Malek Surprise Audience At Burbank IMAX Before ‘No Time To Die’ Showing
Daniel Craig and Rami Malek took their mutual admiration society to the AMC in Burbank.
As a socially-distanced audience prepared to watch Craig’s final outing as 007 on the cinema’s IMAX screen, the No Time to Die duo, who’ve been appearing together all week, appeared from stage left.
“I’d like to introduce you to…
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By Tom Tapp
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AMC Entertainment CEO Adam Aron Quotes Wartime Churchill Saying Q1 “End Of The Beginning” Of Exhibition’s Covid Nightmare; Chain Hiring Up To 10,000 In Next Few Weeks
AMC Entertainment CEO Adam Aron was nearly giddy Thursday, quoting Winston Churchill, trying to top him, talking up a box office recovery, the chain’s expanded market share, cash position and hiring plans and millions of new retail investors who have replaced China’s Wanda Group as its core shareholder base.
Like an…
AMC Entertainment Expects To Be “Fully Opened Globally” In July, Posts Expected, Massive Q1 Loss
Giant exhibitor AMC Entertainment said net losses swelled to $2.18 billion, including a giant $1.8 billion in non-cash impairment charges, for the first quarter of the year from a negative $130 million the year before in what CEO Adam Aron called “unprecedented times.”
Revenue dropped 22% to $941 million from $1.2…
Peter Bart: Cinemas Confront Doomsday Scenarios As Studios Waffle On Release Dates
It seems like a distant memory — taking refuge in the welcoming comfort of a movie theater. And now it may become even more distant. Key players at the studios are worried that summer openings may simply not happen; further, that scores of movie theaters may not survive the year. Equally alarming: Ticket buyers are…
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By Peter Bart
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AMC Entertainment CEO Adam Aron Earned $9.7 Million In 2019
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…
‘Avengers: Endgame’ Opening-Night Audience In OC Warned Of Measles Risk
Health officials in California’s third-largest county are warning moviegoers who attended an April 25 screening of Avengers: Endgame at an AMC theater in Fullerton might have been exposed to measles by a fellow audience member who was fresh from international travel and unaware of her infection.
Any patron of the AMC…
Atom Tickets’ $60M Series C Round Has Lionsgate, Disney And Fox Back On Board
Digital movie ticketing startup Atom Tickets has raised more than $60 million in a Series C round led by new backer Fidelity Investments, with Lionsgate, Disney and 21st Century Fox all reinvesting in the company.
The raise comes less than two years after a $50 million Series B round. After rolling out nationally in…
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By Dade Hayes
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AMC, Cinemark, Regal & More Closing Florida Theaters As Hurricane Irma Nears
After Hurricane Harvey shut down most multiplex locations in Corpus Christi and Houston two weeks ago, here comes Hurricane Irma, which is expected to hit the Florida peninsula overnight Saturday. The storm, per the Weather Channel, could downgrade from a Category 5 to a 4 by the time it makes landfall, but theater…
AMC Entertainment CEO Talks Up Premium VOD & Rebranding Plans
AMC Entertainment CEO Adam Aron says that he’s intrigued by studio efforts to offer new movies to home viewers within the first 90 days of release because it provides “the opportunity to grow and increase AMC revenues.”
“What has not been reported, or at least not widely, is that in all cases the entities that have…
‘Hidden Figures’ To Screen Free Across The U.S. In Celebration Of Black History Month
Thanks to 21st Century Fox and AMC Theatres, those residing in 14 U.S. cities will have the opportunity on Feb. 18 to watch the three-time Oscar-nominated movie about the African American women who were behind NASA’s space program during its early years.
Gratis screenings for Hidden Figures will take place at 10AM on…
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