AMC ENTERTAINMENT HOLDINGS, INC. - AMC STOCK NEWS

National CineMedia (NCM) has entered into a new long-term Network Affiliate Transaction Agreement with Regal Cinemas, strengthening their 20-year relationship. NCM will have exclusive rights to provide on-screen advertisements at Regal Cinemas' 6,000 screens and 450 theaters. The agreement is subject to court approval and is expected to be finalized by June 30, 2023.

AMC Entertainment Holdings, Inc. (NYSE: AMC and APE) reported its first-quarter results for 2023. The full press release can be found on the company's Investor Relations website. A live webcast for investors and interested parties will be held on May 5, 2023.

AMC Theatres plans to bring Laser Projection by Cinionic to its premium large format brand, PRIME at AMC, across the United States. Laser Projection by Cinionic will provide high contrast Barco 4K laser projection, delivering brighter and more vivid onscreen images. The introduction of laser technology in PRIME at AMC auditoriums aligns with AMC's commitment to Make Movies Better and offers a more environmentally friendly way to present movies.

AMC Entertainment has launched the AMC Entertainment Visa Card, the first co-branded movie theatre credit card in the U.S. The card allows users to earn AMC Stubs points for everyday purchases. Cardholders receive 50 points per $1 spent at AMC locations and 20 points per $1 on dining, groceries, and gas. New members spending $50 within the first three months receive $50 in AMC Stubs Bonus Bucks. The card is designed for AMC Stubs members, allowing for enhanced rewards that can lead to discounts on concessions and movie tickets.

This partnership with Visa and Deserve aims to offer a unique value proposition, encouraging customers to engage with the AMC brand outside the theatres.

National CineMedia (NCM) will represent the U.S. at the Cannes Lions International Festival of Creativity for the first time in four years. This year's competition saw over 280 entrants, marking a 16% increase in participation. The winners of the U.S. Young Lions competition will showcase their skills globally from June 19 to June 23 in Cannes, France. NCM aims to elevate the competition by involving a diverse panel of judges from prestigious brands such as Meta and Coca-Cola. This year’s campaign, Represent!, focuses on inclusivity in creative careers, partnering with The Creative Ladder, founded by Ryan Reynolds. NCM will feature the winners in a promotional video airing in U.S. theaters this spring, further amplifying their visibility.

National CineMedia, Inc. (NCMI) announces a restructuring support agreement to convert all secured debt into equity as part of a Chapter 11 bankruptcy filing. This move aims to strengthen the company’s balance sheet and position it for long-term growth without disrupting operations. NCMI anticipates a 44.4% increase in Q4 2022 revenue, reaching $91.7 million, alongside a 251.3% rise in operating income and a nearly 130% boost in Adjusted OIBDA to $42.1 million. With 83 million moviegoers in 2023, the company is well-placed to serve advertisers targeting young audiences. The restructuring will allow for the continuation of key contracts and ensure complete payment of general unsecured claims during the process.