Adam Aron: Last News

Rebecca Rubin Film and Media ReporterAMC Theatres, the world’s largest cinema chain, is honoring Olivia Newton-John by bringing “Grease” back to the big screen.Starting on Friday, the classic 1978 movie musical will play in 135 AMC locations around the country. All tickets will cost $5, and $1 from each sale will be donated to AMC’s charitable fund AMC Cares, with the proceeds going to breast cancer research.Newton-John, who memorably played Sandy to John Travolta’s Danny Zuko in “Grease,” died on Aug. 8 at age 73.

The domestic box office is about to go into a funk for two-and-half months due to the lack of tentpole product, but shares of AMC Entertainment keep on trucking.

her last campaign proved to be a smash hit. The 55-year-old’s viral ad features her dressed to the nines as she waltzes through an empty movie theater, gazing at the camera and reminding audiences of the wonder of going to the movies.

“We come to this place for magic”… and also Nicole Kidman‘s iconic ad.

Brent Lang Executive Editor of Film and MediaAMC Theatres is rewarding the retail investors who rallied to support the exhibition giant when it was laboring under debt and COVID closures, lifting its share price at a critical juncture.On Thursday, the company announced that it will give a special dividend to investors of one AMC preferred equity unit for each of AMC Class A common stock. With a nod and wink, the company plans to list these units on the New York Stock Exchange under the symbol “APE,” the preferred moniker of the shareholders who embraced the AMC cause when it teetered on insolvency.The announcement came as AMC recorded a narrower than expected quarterly loss on Thursday as summer blockbusters like “Top Gun: Maverick” and “Jurassic World Dominion” lifted earnings.

AMC Entertainment shareholders have sent a message to the company’s CEO, Adam Aron, by voting decisively to reject his compensation package.

AMC Theatres announced its first newly-built theater of 2022 – the AMC Dine-In Topanga 12 in Canoga Park — will open June 2 as the pandemic-rattled exhibition business reshuffles.

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 called out any problem with the new fan-run regime.

Giant theater chain AMC Entertainment saw revenue jump and losses narrow amid an ongoing box office recovery.

Rebecca Rubin Film and Media ReporterAMC CEO Adam Aron is a rock star to a very specific group of people.Those people, of course, are the 4 million non-professional investors who sent the company’s stock price soaring and currently own 80% of the movie theater chain. The new shareholders, who rescued the beleaguered chain from bankruptcy during the pandemic, call themselves the “Apes.” (The name is a reference to “The Planet of the Apes,” a movie in which primates overthrow humans.) And to them, Aron is the King Silverback.There’s perhaps nobody better to embrace the chaos than Aron, a Harvard Business School graduate with a flair for showmanship.

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 about 4 million private individuals.

Dwayne Johnson initially faked out the room here at Caesars Palace, thinking he had pre-taped his CinemaCon appearance.

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.

AMC Entertainment CEO Adam Aron said there’s room for both cinemas and streamers in the current marketplace and the latter would benefit from wider theatrical release of films. He made the comments to CNBC after Apple made history last night with Coda’s Best Picture Oscar win.

Rebecca Rubin Film and Media ReporterAMC Theatres, the biggest cinema chain in the world, is buying a 22% stake in Nevada-based gold and silver mining company Hycroft Mining Holding Corp.AMC’s $27.9 million cash investment in Hycroft is the company’s latest attempt to shore up its finances after COVID-19 forced movie theaters to close. After evading bankruptcy and embracing its status as a meme stock last year, AMC announced plans to expand its business outside of box office by selling popcorn in shopping malls around the country.“AMC is playing on offense again with a bold diversification move.

Accepting payment in crypto, retail popcorn sales, that’s one thing, but AMC Entertainment’s diversification push now includes acquiring a stake in a publicly traded gold and silver mining company.

It might have been another Manic Monday as The Bangles would say but that didn’t stop people from going to see The Batman yesterday, even with the top three circuits jacking up their ticket prices by largely a buck.

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.

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.

Zack Sharf AMC Theaters CEO Adam Aron dropped a bombshell this week by announcing the exhibition chain will charge more for tickets to “The Batman” as part of a variable pricing experiment. Tickets to the Robert Pattinson-starring comic book tentpole will be “slightly higher than the prices… for other movies playing in the same theaters at the same time,” Aron said during an AMC earnings call.

“The Batman” this weekend.AMC theaters are planning to charge higher ticket prices for the Robert Pattinson superhero flick when it opens this Friday, March 4.The cinema chain is experimenting with variable pricing for films, meaning they want to charge more money for certain, presumably higher-budget movies.AMC’s CEO Adam Aron announced the news on Tuesday during a web call about the company’s quarterly profits: “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 time,” he said. Aron then said that the transition follows a few years after they raised weekend prices for some of its locations in the United States, Deadline reported.“This is all quite novel in the United States, but actually AMC has been doing it for years in our European theaters.