Welcome to our dedicated page for AMC ENTERTAINMENT HOLDINGS news (Ticker: AMC), a resource for investors and traders seeking the latest updates and insights on AMC ENTERTAINMENT HOLDINGS stock.
AMC Entertainment Holdings, Inc. (NYSE: AMC) is the largest movie exhibition company in the United States, Europe, and globally, with around 900 theatres and 10,000 screens in operation. Known for its innovative amenities, AMC offers plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, and premium presentations, positioning itself as a leading destination for moviegoers.
Founded in 1968 as American Multi-Cinema, Inc., the company pioneered the multiplex theater concept, transforming single-screen theaters into multi-auditorium setups. AMC's dedication to enhancing the movie-going experience includes initiatives like the AMC Stubs rewards program launched in 2011 and its Subscription A-List program, offering members the chance to see multiple movies per week.
In recent years, AMC has shown resilience and adaptability in facing industry challenges. Despite the impacts of the COVID-19 pandemic and Hollywood strikes, the company has consistently exceeded revenue and earnings expectations. In the first quarter of 2024, AMC reported total revenues of approximately $951.4 million. AMC continues to innovate with its new AMC Theatres Distribution, which successfully released TAYLOR SWIFT | THE ERAS TOUR and RENAISSANCE: A FILM BY BEYONCÉ in 2023.
Furthermore, AMC’s Summer Movie Camp program offers affordable family entertainment, and its loyalty programs provide significant savings and benefits to movie lovers. Beyond traditional cinema, AMC is also a major stakeholder in Fathom Events, bringing unique content like documentaries and concert films to a broad audience.
AMC Entertainment Holdings, Inc. reported its third-quarter results for 2020, available on its Investor Relations website. The company is set to host a conference call on November 2, 2020, at 4:00 p.m. CST to discuss these financial results. AMC, the largest global movie exhibition company, operates approximately 960 theatres and 10,700 screens worldwide. It has a significant market presence, holding the #1 or #2 market share in 21 of the 25 largest U.S. metropolitan areas. Further details can be found on their website.
AMC Entertainment Holdings, Inc., the world’s largest theatrical exhibition company, will report its third-quarter results for the period ending September 30, 2020, after market close on November 2, 2020. An investor conference call will take place at 4:00 p.m. CST/5:00 p.m. EST on the same day, accessible via webcast. AMC operates approximately 1,000 theatres and 11,000 screens globally, championing innovations like power-recliner seating and enhanced food options.
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.
AMC Entertainment announced the reopening of several locations in New York state on October 23, following Governor Cuomo’s approval for theaters to resume operations. This decision will allow AMC to operate approximately 530 of its 600 theaters by the end of October. AMC CEO Adam Aron highlighted the significance of these reopenings for the theatrical industry, stating that movie studios are hesitant to release blockbusters without key markets open. The company emphasizes its AMC Safe & Clean protocols, ensuring health and safety for guests and staff as they prepare to welcome moviegoers back.
AMC Entertainment (NYSE:AMC) announced the reopening of AMC DINE-IN Thousand Oaks 14 in Ventura County, California, starting October 9. This venue is part of a broader plan to reopen approximately 40 locations across California, North Carolina, and Michigan during October. More than 500 AMC theaters will resume operations by October 16. AMC's 'Safe & Clean' protocols focus on cleanliness and safety, receiving positive guest feedback. Upcoming films include 'The War with Grandpa' and 'Yellow Rose,' with several more titles releasing through November.
AMC Entertainment announced plans to resume operations at 23 locations in North Carolina, reopening 12 theatres on October 9 and 11 more on October 16. This move is part of their strategy to bring back over 500 AMC locations by mid-October, following widespread closures in March. CEO Adam Aron highlighted the success of their AMC Safe & Clean health protocols, receiving record cleanliness scores from guests. The company continues to emphasize safety measures, including social distancing and enhanced cleaning, as it aims to attract moviegoers back.
AMC Entertainment (NYSE:AMC) announced the reopening of 14 U.S. theatre locations on October 2 and October 9, marking resumption for over 80% of its U.S. sites. In California, AMC Brentwood 14 and AMC Manteca 16 will welcome guests back on October 2, while 12 theatres in Michigan will reopen on October 9. The company emphasizes strict adherence to its AMC Safe & Clean protocols, developed with input from Harvard Public Health and Clorox, ensuring cleanliness and safety for patrons.
Fathom Events and ReelWorks Studios announced a one-night exclusive re-release of THE TRUMP PROPHECY on October 8 at 7 p.m. local time in select cinemas. The film, which gained attention in 2018, shares a narrative based on The Trump Prophecies by Mark Taylor and Mary Colbert, focusing on themes of hope and healing. Tickets are available through Fathom Events and participating theaters. This re-release comes amid consumer demand and aims to deliver an inspiring message during challenging times.
Fathom Events and ReelWorks Studios announced the exclusive re-release of THE TRUMP PROPHECY in select cinemas on October 8, 2020, at 7 p.m. local time. The film, based on the book by Mark Taylor and Mary Colbert, recounts Taylor's journey through the 2016 election. CEO Rick Eldridge emphasized the need for hope and prayer for the nation, recalling the spontaneous prayer witnessed during the film's 2018 release. Tickets are available via Fathom Events and participating theaters.
FAQ
What is the current stock price of AMC ENTERTAINMENT HOLDINGS (AMC)?
What is the market cap of AMC ENTERTAINMENT HOLDINGS (AMC)?
What does AMC Entertainment Holdings, Inc. do?
What are some of AMC's recent innovations?
How has AMC performed financially recently?
What is the AMC Stubs program?
What is AMC Theatres Distribution?
Does AMC offer any special programs for families or kids?
What safety measures does AMC have in place for guests?
How can I join AMC Stubs A-List?
What types of amenities do AMC theatres offer?
Where can I find more information about AMC’s financial performance?
