AMC raises $500m debt during cinema shutdown
World’s biggest movie chain enticed bond investors with 11% yield… Source: https://www.ft.com/content/
Leading US cinema chains boycott Netflix Oscar nominees
AMC Theatres and Regal Cinemas won’t be showing any Best Picture nominees released by Netflix on their screens in the US. The two cinema chains have been boycotting Netflix’s release strategy, which prevents cinemas from receiving a 90-day window of … Continued
MoviePass Is Dead. Here’s Who’s Left
Alas, poor MoviePass. We knew it well. AMC, Cinemark, and Cineworld hope their sequel alternatives are anything but tragedies. MoviePass stormed onto the scene in 2017, offering a novel business model: a monthly subscription offering all-you-can-eat movies — as much … Continued
“Keep It You”: Cynthia Pierce Brings Sight and Sound to AMC
Pierce and her team are also responsible for the installation of new technology—whether it’s a Coca-Cola Freestyle machine or a new Dolby Cinema—and fielding tech support issues. “The deployment side of my job is that] the sight and sound team … Continued
AMC shares slide 10% after cinema operator posts wider-than-expected loss – MarketWatch
AMC Entertainment Holdings Inc. shares tumbled 10% Thursday, after the cinema chain operator posted a wider-than-expected loss for the first quarter. Source: AMC shares slide 10% after cinema operator posts wider-than-expected loss – MarketWatch
‘Avengers: Endgame’ fans spent almost $30 million on AMC’s cinema snacks in 2 days (AMC) | Markets Insider
“Avengers: Endgame” fans were craving more than epic fight scenes during its first weekend in cinemas. AMC Entertainment sold a record $13 million worth of soda, popcorn, and other snacks on the superhero movie’s opening day, then promptly broke that … Continued