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02.03.2022 / 02:35

AMC Is Charging More For ‘Batman’ Tickets; CEO On Variable Pricing And “Transformational M&A”

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.

Adam Aron USA Entertainment sports CEO and

02.03.2022 / 00:39

AMC Earnings Climb Thanks to ‘Spider-Man: No Way Home,’ CEO Calls Skeptics’ Predictions ‘Load of Cow Dung’

AMC Entertainment, the exhibition giant that became an improbable meme stock, posted revenues $1.2 billion during the holiday quarter as “Spider-Man: No Way Home” galvanized ticket sales at the company. That Q4 performance, revealed Tuesday by AMC, represented a huge jump from the $162.5 million in revenues that AMC posted in the year-ago period and marked the best quarter for the company in two years.Comparisons are tricky, because vaccines at that time were not readily available and there were few studio films debuting exclusively in theaters.The company had 60 million guests visit theater locations globally in Q4, AMC chairman and CEO Adam Aron said during the company’s earnings call Tuesday.

Adam Aron film reports CEO No Way Home

02.03.2022 / 00:21

AMC Entertainment Posts Strongest Quarter In Two Years, CEO Bullish 2022 Box Office “Could Be Nearly Double 2021”

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.

Adam Aron Entertainment pandemic CEO

01.03.2022 / 00:35

AMC Promotes Dan Ellis To EVP, Chief Operations & Development Officer; Names Eliot Hamlisch EVP & CMO; Ops Boss John McDonald & CMO Stephen Colanero Retiring

AMC Theatres has promoted Dan Ellis from SVP, Development and International to EVP, Chief Operations & Development Officer. In addition, the No 1 exhibitor has hired Eliot Hamlisch as EVP and Chief Marketing Officer, after an extensive national search.

Nicole Kidman Adam Aron John Macdonald Dan Ellis USA reports 2020 career Ellis

09.02.2022 / 15:01

AMC Entertainment Hires Former Frito-Lay Exec To New Role Of VP Growth Strategy, Starting With Popcorn

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.

Adam Aron Mark Pearson Ellen Copaken Entertainment Strategy Frito-Lay Lay

08.02.2022 / 16:41

AMC Entertainment In Lease Deals For Former ArcLight Theaters In San Diego, D.C. Markets

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 expected opening date in March.

Adam Aron USA county San Diego city Washington Washington, area District Of Columbia area District Of Columbia Entertainment show CEO Markets

02.02.2022 / 16:17

AMC Entertainment To Raise $500 Million To Refinance Debt

Giant theater chain AMC Entertainment said it’s selling $500 million in bonds to pay down maturing debt and related fees, costs premiums and expenses.

Adam Aron Entertainment pandemic CEO

01.02.2022 / 16:31

AMC Entertainment Pares Losses, Sales Surge In Preliminary 4Q Results, Stock Pops

Giant theater chain AMC Entertainment said it expects revenue for the three months that ended in December jumped to $1.17 billion from $162.5 million the year before in preliminary numbers released Tuesday morning.

Adam Aron Entertainment Pop reports

25.01.2022 / 23:03

AMC Entertainment Moves To Refinance Debt – Report

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.

Adam Aron Entertainment reports wsj

09.11.2021 / 03:23

AMC Entertainment’s Reddit Investors Want It To Make Movies (Again), A Branded Credit Card, AMC Cryptocurrency – Could Be, Says CEO Adam Aron

AMC CEO Adam Aron – who’s already has announced a push into retail popcorn sales and accepting payment in cryptocurrencies – Monday waxed enthusiastic at a flood of new ventures suggested by the chain’s 4.1 million retail investors from an AMC credit card to a return to movie producing to its own branded cryptocurrency.

Adam Aron Reddit film CEO

11.08.2021 / 20:19

Odeon cinema chain owner AMC to accept Bitcoin payment

Bitcoin by the end of 2021.AMC has not yet confirmed whether the move will apply to cinemas in Europe.CEO of the US chain Adam Aron told BBC News that it’s been exploring the technology and “how else AMC can participate in this new burgeoning cryptocurrency universe”.US mobile operator AT&T, technology giant Microsoft and information website Wikipedia have all started to accept payment in Bitcoin.The cryptocurrency, as the BBC notes, has seen wild price swings in recent weeks.

Adam Aron USA BBC information Bitcoin

09.08.2021 / 22:59

AMC Adds Several New Theaters This Year, The Bulk Being Previous Arclight Leases

We already knew that AMC took over two older Pacific Theatres leases at Rick Caruso’s The Grove in L.A. and Americana at Brand in Glendale, however, today CEO Adam Aron announced on the recent earnings call that eight out of his upcoming ten new locations are former Arclight locations.

Warner Bros Adam Aron Rick Caruso USA Atlanta Chicago city Glendale Hollywood gossips shock

09.08.2021 / 22:59

AMC Entertainment In Deal With Warner Bros. For 45-Day Theatrical Window In 2022

In what doesn’t come as shocking news, AMC Entertainment chairman-CEO Adam Aron said that the No. 1 theater chain has inked a deal with Warner Bros. ensuring a 45-day theatrical window for the studio’s releases in 2022. Warner had previously hammered out a 45-day theatrical window with No. 2 circuit Cineworld, and its U.S. counterpart Regal, earlier this year as the Burbank, CA was slammed by the industry and talent reps for its day-and-date theatrical-HBO Max streaming model.

Warner Bros Adam Aron Entertainment exclusive shock

30.07.2021 / 18:51

AMC Entertainment CEO Adam Aron Slams Spreaders of ‘FUD’ (Fear, Uncertainty and Doubt) After Annual Meeting

AMC Entertainment CEO and newly anointed chairman Adam Aron is having a moment with shareholders — that army of retail investors he said in June numbered approximately 4.1 million and own more than 80% of the stock. Some of them found it hard to access the company’s annual meeting Thursday, which was held in person at AMC’s Leawood, Kansas HQ, sparking social media discontent and claims of secrecy.

Adam Aron state Kansas Entertainment social art and

15.06.2021 / 23:29

AMC Nearing Deal For Pacific Theatres’ Grove & Americana Leases

AMC Boss Adam Aron said he was kicking the tires of Arclight Cinemas’ locations after they went out of business and he meant it.

Adam Aron show social reports

09.06.2021 / 23:05

AMC Entertainment Says Its 4.1 Million Individual Investors Own 80% Of Stock, Average 120 Shares Each

AMC Entertainment has 4.1 million individual shareholders, the company disclosed Wednesday, as it heads towards an annual meeting in late July where all of them will be eligible to show up and vote on whatever’s on the agenda after spending months pumping up the stock on investing chat rooms.

Adam Aron Entertainment show voice

27.05.2021 / 20:03

AMC Entertainment Shares Defy Gravity; Up 45% And Climbing Today As Chain Passes $12 Billion Market Cap

AMC Entertainment shares have more than doubled this week with a 45% surge — and still rising — on Thursday that catapulted the exhibitor past a $12 billion market capitalization. Retail traders on social media swore they’d keep buying, and not sell.

Adam Aron Entertainment social and

12.03.2021 / 02:21

Here Are The Los Angeles Theater Chains Reopening As Covid Restrictions Are Lifted

This list will be updating: Finally, the movie capital of the world can show movies again in theaters after a year’s shutdown of all exhibition due to the pandemic.

Adam Aron Fox Business News Los Angeles Hollywood show restrictions

11.03.2021 / 02:09

How Will Theatrical Windows Look Post-Pandemic? AMC Boss Adam Aron Provides Idea During Year-End Earnings Call

While the No. 1 exhibitor AMC has traditionally been flexible about theatrical windows despite their pubic uproar against Universal last year, the chain’s CEO Adam Aron speculated today what the landscape would look like when we come out of this pandemic.

Bob Chapek Morgan Stanley Adam Aron film pandemic cover

06.03.2021 / 01:57

AMC Entertainment CEO Adam Aron’s Compensation Doubled to $20.9M In 2020 Amid Shutdown

AMC Entertainment CEO Adam Aron earned $20.9 million in total compensation last year, double $9.6 million the year before due to a big bonus and stock awards.

Adam Aron New York Entertainment pandemic 2020

06.01.2021 / 03:35

AMC Ent. Has Raised $200M Of $750M Needed To Survive Covid; “We’re Not There Yet” – CEO Adam Aron

Adam Aron, CEO of AMC Entertainment, said the nation’s largest cinema chain has raised $204 million of the at least $750 million needs to get to the other side of a global pandemic that has crippled moviegoing.

Adam Aron Entertainment pandemic covid-19

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