STOCK TITAN

AMC Theatres® Resuming Operations in a Key Market as It Plans to Reopen Movie Theatres This Friday in Northern California

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

AMC Entertainment (NYSE:AMC) has announced the reopening of several locations in Northern California, including San Francisco, beginning October 30. This move is part of a broader strategy to open approximately 540 of its 600 theatres by the end of October. Key locations include AMC Metreon 15 and AMC DINE-IN Sunnyvale 12. AMC emphasizes its AMC Safe & Clean program for health and safety compliance, developed with Harvard experts and Clorox. New movie releases are slated for the reopening, including Come Play on October 30 and Let Him Go on November 6.

Positive
  • Resumption of operations at numerous locations, increasing guest access.
  • Opening of the newly established AMC DINE-IN Sunnyvale 12.
  • Adoption of the AMC Safe & Clean program, enhancing guest safety and cleanliness.
Negative
  • None.

LEAWOOD, Kan.--()--AMC Entertainment (NYSE:AMC), the largest theatrical exhibitor in the United States, in Europe & the Middle East and the world, today announced that several AMC locations in Northern California, including San Francisco and the greater Bay Area, will resume operations beginning Friday, October 30. As a result of these openings, AMC expects to have approximately 540 of its 600-theatre circuit open and serving guests by the end of October.

On October 30, AMC guests can return to the movies at high profile locations AMC Metreon 15, AMC Kabuki 8, AMC Eastridge 15, AMC Mercado 20, AMC Saratoga 14, AMC NewPark 12 and AMC Bay Street 16, as well as the all new AMC DINE-IN Sunnyvale 12, a brand new theatre that will open for the first time. Upon reopening, these AMC locations will abide by all state and local ordinances.

In areas where theatres are not yet able to open, AMC continues to have discussions with local authorities about resuming operations. AMC will reopen its remaining theatres once authorized to do so by state and local officials. All reopened AMCs stringently enforce AMC Safe & Clean and follow all local guidelines and directives.

Moviegoers headed to the theatre can see exciting new movies with several more headed to theatres in the coming week. In addition to leading titles like TENET, THE WAR WITH GRANDPA, HONEST THIEF, 2 HEARTS and THE EMPTY MAN, guests can soon enjoy additional new releases like COME PLAY on October 30, LET HIM GO on November 6, FREAKY on November 13, THE LAST VERMEER on November 20 and THE CROODS: A NEW AGE on November 25, as well as local language films in certain countries outside the U.S.

AMC CEO Adam Aron commented: “The reopening of movie theatres around the country is essential to the theatrical industry and the entire entertainment ecosystem, and we thank local leaders in the Bay Area communities for allowing our guests to return to AMC. We continue to see an overwhelming majority of state and local governments recognize the strong steps we have taken through AMC Safe & Clean to ensure that we are reopening responsibly and with a focus on the health and safety of our guests and associates. The feedback we’ve received from our guests indicate that our AMC Safe & Clean policies and protocols are working exactly as intended. We’re seeing record-high guest scores for the cleanliness of our theatres, far exceeding the marks we’ve received in the decades we’ve been tracking guest feedback. AMC Safe & Clean is the cornerstone of our efforts to woo back moviegoers to cinemas. Our AMC Safe & Clean protocols feature social distancing, mandatory mask wearing, the easy availability of disinfecting wipes and hand sanitizer, along with high tech solutions like HEPA vacuums and enhanced air filtration through MERV 13 filters, as well as numerous other new safety and cleanliness procedures.”

AMC THEATRES IN CALIFORNIA REOPENING ON OCTOBER 30:
Bay Area, CA
AMC Bay Street 16
AMC Eastridge 15
AMC Kabuki 8
AMC Mercado 20
AMC Metreon 15
AMC NewPark 12
AMC Saratoga 14
AMC DINE-IN Sunnyvale 12

For full title and showtime information, moviegoers should check their theatre’s webpage on amctheatres.com.

AMC SAFE & CLEAN

Upon returning to the movies, AMC guests can expect to experience AMC’s comprehensive health and sanitation program: AMC Safe & Clean, which was developed under advisement of current & former faculty of Harvard University’s prestigious School of Public Health as well as the No. 1 U.S. cleaning brand, The Clorox Company.

AMC Safe & Clean components include significant reductions in the maximum tickets available for each showtime and seat blocking in reserved seating auditoriums to allow for appropriate social distancing between parties, enhanced cleaning procedures that include extra time between showtimes to allow for a full, thorough cleaning and nightly disinfecting, use of high tech HEPA vacuums, upgraded air filtration efforts including the use of MERV 13 filters wherever possible, new guest and associate safety protocols that include mandatory mask wearing by all guests and associates, hand sanitizing stations throughout the theatre and the availability to guests of disinfectant wipes. The entire AMC Safe & Clean plan can be found at amctheatres.com/amc-safe-and-clean.

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 1,000 theatres and 11,000 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. AMC operates among the most productive theatres in the United States' top markets, having the #1 or #2 market share positions in 21 of the 25 largest metropolitan areas of the United States. AMC is also #1 or #2 in market share in 9 of the 15 countries it serves in North America, Europe and the Middle East. For more information, visit www.amctheatres.com.

Category: Company Release

Source: AMC Entertainment Holdings, Inc.

Contacts

Ryan Noonan, (913) 213-2183
rnoonan@amctheatres.com

FAQ

When will AMC theaters in Northern California reopen?

AMC theaters in Northern California will reopen on October 30.

Which AMC locations are reopening on October 30?

The locations reopening include AMC Metreon 15, AMC Kabuki 8, AMC Eastridge 15, AMC Mercado 20, AMC Saratoga 14, AMC NewPark 12, AMC Bay Street 16, and the new AMC DINE-IN Sunnyvale 12.

What safety measures does AMC implement for its theaters?

AMC implements its AMC Safe & Clean program, which includes social distancing, mandatory masks, and enhanced cleaning procedures.

What new movies will be available at AMC theaters upon reopening?

New movies include Come Play on October 30 and Let Him Go on November 6, among others.

How many AMC theaters are expected to open by the end of October?

AMC expects around 540 of its 600 theaters to be open by the end of October.

AMC ENTERTAINMENT HOLDINGS, INC.

NYSE:AMC

AMC Rankings

AMC Latest News

AMC Stock Data

1.72B
374.58M
0.27%
42.96%
13.32%
Entertainment
Services-motion Picture Theaters
Link
United States of America
LEAWOOD