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AMC Theatres’® Admissions Revenues for the Weekend of June 9-12 Beats 2019’s Same Weekend as Moviegoers Flock to Jurassic World Dominion and Top Gun: Maverick
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
AMC Theatres reported a significant increase in global admissions revenue, surpassing the same weekend in 2019 by more than 15%. Over 4.9 million guests attended AMC locations from June 9-12, making it the second busiest weekend of 2022. The success was driven by blockbuster films like JURASSIC WORLD DOMINION and TOP GUN: MAVERICK. Upcoming movie releases, including LIGHTYEAR, are expected to further fuel attendance and revenues, indicating a strong recovery for the theatrical box office.
Positive
Global admissions revenue exceeded the same weekend in 2019 by over 15%.
More than 4.9 million guests attended AMC theatres during the weekend.
Second busiest weekend of 2022 indicates strong consumer interest.
Successful openings of blockbuster films suggest ongoing box office recovery.
Negative
None.
As this summer’s blockbuster movies continue to open, AMC’s global admissions revenue this past weekend was more than 15 percent ahead of the same weekend in 2019
More than 4.9 million guests watched a movie at an AMC location this weekend, Thursday-Sunday
Moviegoers can expect more blockbuster titles in coming weeks, including LIGHTYEAR, which opens this coming weekend, followed by ELVIS, MINIONS: RISE OF GRU, and THOR: LOVE & THUNDER among others
LEAWOOD, Kan.--(BUSINESS WIRE)--
With multiple blockbuster titles performing well this past weekend, AMC Theatres® (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, saw its admissions revenues globally outpace the same weekend in 2019 by 15 percent.
Powered by the opening of JURASSIC WORLD DOMINION and the continued success of TOP GUN: MAVERICK, more than 4.9 million moviegoers attended a movie at an AMC theatre in the United States and internationally this past weekend, June 9-12, making it the second busiest weekend of 2022.
The weekend success of JURASSIC WORLD DOMINION comes on the heels of TOP GUN: MAVERICK’s record-setting Memorial Day weekend, and another example of a box office that continues to show positive signs of recovery.
AMC expects that there is more exciting opportunity in the weeks ahead, as several highly anticipated titles are set to open. Disney Pixar’s LIGHTYEAR opens this weekend, and is followed by ELVIS on June 24, MINIONS: RISE OF GRU on July 1 and THOR: LOVE & THUNDER, which opens on JULY 8.
Adam Aron, Chairman and CEO of AMC, said, “It is so encouraging to see AMC’s admissions revenues topping those of the same weekend of 2019, prior to the pandemic which so depressed our revenues in 2020 and 2021. Clearly, we are seeing positive signs for a continuing recovery of the theatrical box office. It started back in December of 2021 with the record-setting performance of SPIDER-MAN: NO WAY HOME, and taking off again in early May this year with the huge opening weekend of DOCTOR STRANGE IN THE MULTIVERSE OF MADNESS. Then came the record-setting Memorial Day weekend opening of TOP GUN: MAVERICK, and now the impressive opening of JURASSIC WORLD DOMINION. Having multiple blockbusters in theatres has helped push AMC to achieving another important milestone, beating admissions revenue versus the same weekend in 2019 by a wide margin. There is a wonderful quote from JURASSIC WORLD DOMINION that ‘Life finds a way.’ It is looking too that ‘Theatres find a way.’ ”
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 950 theatres and 10,500 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. For more information, visit www.amctheatres.com.