Latest in AMC Theaters

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…

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…

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…

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…

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…

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…

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 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…

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…

BREAKING: AMC Theatres is teaming up with CNN to bring the network's Election Night in America coverage to AMC Stubs members and their guests at movie theaters across the country. Fifty theaters in 25 major markets are participating, and the theater chain said that its Stubs members can choose between Election Night…

Manhattanites who hate having to show up early at movie theaters to find decent seats are about to have a new option that should attract the attention of the exhibition industry. Beginning September 2, moviegoers will pick the seats they want when they buy tickets for AMC theaters in the borough, the chain said…

Updated with comments from analyst briefing: AMC Theaters is poised to become the world’s largest exhibition company with an agreement this morning to buy Europe’s largest chain, Odeon & UCI Cinemas Group, from Guy Hands’ private equity company Terra Firma for cash and stock valued at $1.2 billion. AMC says that this…