AMC THEATERS CEO: MOVIE-GOING IS COMING BACK While it’s considered unusual for a CEO to engage so publicly with his or her shareholders, AMC is not like most companies when it comes to its investor base. As the company struggled to stay afloat during the pandemic's forced closure of...
AMC has been hit hard by the pandemic in recent months, as industry experts question the chain’s financial viability amid the shutdown that has forced it to shutter all its movie theaters. The nation’s largest cinema chain tallied roughly $5 billion in debt at the end of 2019 and losses...
AMC Entertainment CEO Adam Aron told CNBC on Thursday that the company has been pleased with the reopening of its movie theaters following coronavirus-induced closures. "Our theater cleanliness scores are the best they've been in decades, an all-time high," Aron said on "Squawk Box." Aron...
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AMC vs. the cinema industry In his March note, Greenfield reiterated his confidence in the movie theater industry but his skepticism about the future of AMC. "The future of movie-going is not in doubt," he wrote. "The future of AMC Theaters, however, is very much in doubt, with...
Free popcorn aside, AMC investors have driven the stock up over 1,411% already this year. The chain continues to push through its post-pandemic recovery as moviegoers return to the theaters. U.S. Stock Market Quotes Advertisement Arrives Weekly Get Our Newsletter Get a brief on the top...
Alamo Drafthouse CEO Talks Texting, the Future of Movie Theaters and Bernie Sanders in New Interview
AMC Networks said on Tuesday that CEO Christina Spade “has stepped down from her role” without giving details about the reason. The news came as a surprise as Spade had only taken over the role as of Sept. 9. A successor wasn’t immediately named. “The AMC Networ...
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playing offense. There are a whole lot more ideas we said we are going to go look at alternative programming. We just had our first two UFC fights that we showed at AMC Theaters, attendance was very strong. This month in August, we're showing our f...