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AMC ENTERTAINMENT HOLDINGS, INC. - AMC STOCK NEWS

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.

News

2024 US Cannes Lions Young Lions Winners Announced

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National CineMedia (NCM) announces the winners of the 2024 US Young Lions competition, with a significant increase in participation. The winning teams will represent TEAM USA at the global Young Lions competition at the Cannes Lions International Festival of Creativity. The competition focused on creating innovative campaigns for the Young Lions Non-profit Partner, Gold House, and their A100 List. NCM also introduced the TEAM USA Advisors program to mentor the winners. The US Lions Community will be launched at Cannes Lions, offering networking and career growth opportunities for young creatives and industry leaders.
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Amcor announces CEO transition and reaffirms fiscal 2024 outlook

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Amcor CEO Ron Delia to retire for health reasons, Peter Konieczny appointed as Interim CEO. Fiscal 2024 guidance reaffirmed with adjusted EPS of 67 to 71 cents per share.
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National CineMedia, Inc. Reports Results for Fiscal Fourth Quarter and Full Year 2023

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National CineMedia, Inc. (NCMI) announces record high revenue per attendee in Q4 2023, exceeding guidance with strong adjusted OIBDA. Launches $100 million share repurchase program. Q4 results show mixed performance with flat revenue, decrease in operating income, and adjusted OIBDA contraction. FY 2023 sees total revenue flat, operating loss, and adjusted OIBDA margin contraction. Q1 2024 outlook forecasts modest revenue and adjusted OIBDA. Company to host conference call on March 18, 2024.
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National CineMedia, Inc. Announces New $100 Million Share Repurchase Program

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National CineMedia, Inc. (NASDAQ: NCMI) announces a new $100 million share repurchase program to buy back common stock until April 1, 2027, using operating cash flow distributions. The Board and Management show confidence in the cinema advertising network's future, aiming to drive long-term shareholder value.
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Zoom Rooms at AMC Is Now Live at Several AMC Locations Across the Country as AMC Theatres® and Zoom Redefine Interactive Business Meetings and Hybrid Events

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AMC Theatres and Zoom Video Communications collaborate to offer Zoom Rooms at AMC in eight major markets across the country, enhancing the theatre rentals business and providing a platform for immersive hybrid events and meetings.
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National CineMedia (NCM) Launches New Offerings to Transform Cinema into a Modern, Full-Funnel Media Solution

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NCM introduces new offerings for advertisers, including programmatic buying and self-serve automation, with business outcome guarantees. The findings of a new attention study confirm cinema as the top platform for consumer attention. Major brands like United Airlines, Hyundai, and Mazda are leveraging cinema advertising for business impact.
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AMC Entertainment Holdings, Inc. Provides Settlement Notice

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AMC Entertainment Holdings, Inc. announces preliminary approval of a settlement in a civil action regarding 'short-swing' profits under Section 16(b) of the Securities Exchange Act of 1934, potentially recovering $3,300,000 from Antara Defendants.
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AMC Significantly Expands the Availability of its Popular Grocery Store Popcorn Through the Addition of Publix and Kroger Stores, and Amazon.com

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AMC Theatres expands distribution of its retail popcorn varieties to Publix, Kroger, and Amazon, offering consumers more options to enjoy movie theater popcorn at home.
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National CineMedia, Inc. to Release Fourth Quarter and Full Year 2023 Results on March 18, 2024

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National CineMedia, Inc. (NCMI) to announce Q4 and full year 2023 earnings on March 18, 2024. Conference call and webcast details provided for interested participants.
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AMC Entertainment Holdings, Inc. Board of Directors Elects Sonia Jain to Serve as a Director of the Company, Effective March 1, 2024

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AMC Entertainment Holdings, Inc. appoints Sonia Jain as a Class III director with extensive financial and accounting experience, effective March 1, 2024. Jain brings CFO experience from companies like Cars.com Inc. and Redbox Automated Retail LLC. She holds degrees from prestigious institutions like Princeton University, MIT, and Harvard Business School.
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FAQ

What is the current stock price of AMC ENTERTAINMENT HOLDINGS (AMC)?

The current stock price of AMC ENTERTAINMENT HOLDINGS (AMC) is $3.41 as of January 23, 2025.

What is the market cap of AMC ENTERTAINMENT HOLDINGS (AMC)?

The market cap of AMC ENTERTAINMENT HOLDINGS (AMC) is approximately 1.3B.

What does AMC Entertainment Holdings, Inc. do?

AMC operates approximately 900 theatres and 10,000 screens globally, offering premium movie experiences and amenities.

What are some of AMC's recent innovations?

AMC has introduced AMC Theatres Distribution, AMC Stubs rewards program, and AMC Dine-In Theatres, among others.

How has AMC performed financially recently?

In Q1 2024, AMC reported total revenues of approximately $951.4 million.

What is the AMC Stubs program?

AMC Stubs is a loyalty program that offers members various benefits, including discounts, rewards, and special offers.

What is AMC Theatres Distribution?

Launched in 2023, AMC Theatres Distribution has released successful films like TAYLOR SWIFT | THE ERAS TOUR and RENAISSANCE: A FILM BY BEYONCÉ.

Does AMC offer any special programs for families or kids?

Yes, AMC’s Summer Movie Camp offers affordable family-friendly movies for just $3 plus tax per ticket.

What safety measures does AMC have in place for guests?

AMC has stringent sanitation protocols and has implemented various safety measures to ensure a safe movie-going experience.

How can I join AMC Stubs A-List?

You can join AMC Stubs A-List through the AMC website or mobile app, which allows you to see up to 3 movies per week.

What types of amenities do AMC theatres offer?

AMC theatres offer amenities such as plush, power recliners, MacGuffins full bars, dine-in theatres, and premium large format presentations.

Where can I find more information about AMC’s financial performance?

Detailed financial performance information can be found in AMC’s Investor Relations section of their website.
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AMC ENTERTAINMENT HOLDINGS, INC.

Nasdaq:AMC

AMC Rankings

#2329 Ranked by Market Cap
N/A Ranked by Dividends

AMC Stock Data

1.30B
380.09M
0.27%
42.38%
13.91%
Entertainment
Services-motion Picture Theaters
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United States of America
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