Amc Entmt Hldgs Inc - AMC STOCK NEWS

Amcor (NYSE: AMCR; ASX: AMC) released its 2024 Sustainability Report, showcasing significant achievements and progress. Key highlights include:

• Safest year on record
• 94% of flexible packaging portfolio has recycle-ready solutions
• 95% of rigid packaging is recyclable in practice and at scale
• Surpassed 10% post-consumer recycled plastic goal one year early
• Purchased over 254,000 metric tons of recycled material
• 9% reduction in absolute greenhouse gas emissions compared to FY23
• 14% of electricity used was renewable, a 64% increase from previous year

Amcor's short-term and net-zero targets have been approved by the Science Based Targets initiative. The company published a Decarbonization Roadmap outlining its approach to reach net-zero by 2050. Amcor emphasizes the need for consumer participation and infrastructure development to achieve true circularity in packaging.

Amcor (NYSE: AMCR) has issued a correction to its 2024 Sustainability Report regarding post-consumer recycled (PCR) plastic usage. The company clarified it is on track to reach its 10% PCR plastics goal by fiscal year 2025, rather than having already achieved it. The report highlights significant sustainability achievements, including:

- Over 94% of flexible packaging portfolio has recycle-ready solutions
- 95% of rigid packaging is recyclable in practice
- 9% reduction in absolute greenhouse gas emissions vs FY23
- 14% renewable electricity usage (64% increase from previous year)
- Purchase of 224,000+ metric tons of recycled material

The company's net-zero targets have been approved by the Science Based Targets initiative, and they published a Decarbonization Roadmap outlining their path to net-zero by 2050.

LAIKA's Coraline is set for a special Halloween engagement starting October 31st, following its successful summer re-release that grossed over $53M globally. The film will be shown in remastered 3D and 2D formats in partnership with Fathom in the US and Trafalgar Releasing internationally.

The re-release has broken several records, including:

• Highest lifetime US gross for a stop-motion animated feature
• Highest-grossing re-release in the US in the past decade
• Highest-grossing release in Fathom's 20-year history
• Highest-grossing re-release in the UK and Mexico in recent years

Tickets for the Halloween engagement go on sale October 4th. The screenings will include an early glimpse of LAIKA's upcoming film, Wildwood.

Amcor (NYSE: AMCR, ASX: AMC), a global leader in responsible packaging solutions, has announced that its long-term carbon reduction targets have been approved by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. This goal includes significant absolute reductions in scope 1, 2, and 3 emissions, using fiscal year 2022 as a base year.

The approval complements Amcor's near-term emission reduction targets, confirmed in early 2024, which align with a 1.5-degree Celsius trajectory. These near-term targets aim for a 54.6% reduction in absolute Scope 1 and 2 emissions and a 32.5% reduction in Scope 3 emissions by fiscal year 2033.

Amcor's Chief Sustainability Officer, David Clark, emphasized that these targets are integral to the company's sustainability strategy and reflect their commitment to delivering packaging that minimizes environmental impact while supporting customers' decarbonization ambitions.

AMC Entertainment Holdings, Inc. (NYSE:AMC) has elected Marcus Glover to its Board of Directors, effective September 12, 2024. Glover will serve as a Class 1 director with a term expiring at the 2027 Annual Meeting of Stockholders. He brings extensive financial, operational, and management experience to the board, including his current role as Executive Vice President and CFO of Bally's

Glover's background includes leadership positions in the hospitality and gaming industries, with roles at QPSI , Borgata Hotel, Casino & Spa, and Caesars Entertainment. He holds an MBA from Duke University and a BA in Business Administration from Morehouse College. AMC's CEO, Adam Aron, praised Glover's addition, highlighting his expertise in guest service, employee satisfaction, and finance.

Amcor (NYSE: AMCR; ASX: AMC), a global leader in responsible packaging solutions, has announced key executive appointments to accelerate organic growth. Fred Stephan, previously President of Amcor Flexibles North America, has been named Chief Operating Officer, a newly created role. He will focus on leveraging growth opportunities across global flexible packaging businesses.

David Clark, formerly Vice President of Sustainability, has been appointed Chief Sustainability Officer. This new role, reporting directly to the CEO, will oversee the implementation of Amcor's sustainability strategies and policies company-wide.

These appointments aim to enhance collaboration, drive faster growth in the flexibles business, and increase focus on sustainability initiatives. CEO Peter Konieczny emphasized the company's strong position and significant growth potential, highlighting the opportunity to leverage Amcor's global footprint and scale more effectively.

Amcor (NYSE: AMCR; ASX: AMC), a global leader in responsible packaging solutions, has appointed Peter Konieczny as Chief Executive Officer. Konieczny, who has served as Interim CEO since April 2024, will also be nominated as a director for election at the Company's Annual Meeting of Shareholders in November 2024. Amcor Chairman Graeme Liebelt expressed confidence in Konieczny's leadership, citing his exceptional performance in various roles at Amcor, including as Interim CEO.

Konieczny stated his gratitude for the opportunity and highlighted Amcor's strong fiscal 2024 performance, expressing confidence in continued momentum for fiscal 2025 and beyond. He emphasized Amcor's commitment to safety, customer success, and disciplined capital allocation, positioning the company for industry-leading value creation.

Brandon Lake and Phil Wickham, acclaimed worship artists, are releasing 'FOR THE ONE' tour documentary in theaters nationwide from October 27-29, 2024, through Fathom Events. The film showcases their Summer Worship Nights Tour performances and delves into the personal stories behind their music. Directed by Noah Taher and produced by Ken Carpenter, the documentary aims to inspire audiences with its blend of music, worship, and community.

The film is distributed by Fathom Events, a leader in cinema distribution owned by AMC Entertainment Inc. (NYSE: AMC), Cinemark Holdings, Inc. (NYSE: CNK), and Regal. Both Lake and Wickham are GRAMMY®-winning and Dove Award-winning artists known for their impactful worship music and performances.

LAIKA's Coraline celebrates its 15th anniversary with a stunning global box office performance, amassing $38.3M since its August 15th re-release. The newly remastered 3D version has captivated audiences worldwide, surpassing expectations in multiple markets. In the UK, it's now the #2 top film re-release of all time, trailing only Titanic. Mexico's ticket sales have exceeded the film's original 2009 run.

The re-release includes a sneak peek of LAIKA's upcoming film, Wildwood, making it a must-see summer event. Fathom and Trafalgar Releasing have extended dates and added territories due to overwhelming demand. The success reaffirms Coraline's status as a timeless cinematic masterpiece, drawing multiple generations of moviegoers and showcasing LAIKA's pioneering work in stop-motion animation.