The deal for new theater locations follows AMC negotiating a deal to operate two high-profile Los Angeles-area movie theaters. Both locations are part of the defunct Pacific Theatres chain, which shut down in April, along with sister chain ArcLight Cinemas
Cinema giant AMC Entertainment has posted a smaller second-quarter loss and a rebound in revenue as it mounts a recovery from the severely-disruptive pandemic.also unveiled a formal deal with Warner Bros. to show the Hollywood studio’s 2022 slate of tentpoles on its screens via an exclusive 45-day window and plans to pick up at least six new theaters in Los Angeles, Chicago and Atlanta, and potentially four more locations.
After the closing bell, AMC Entertainment recorded a loss of 71 cents per share, which beat a consensus Wall Street estimate of 91 cents, and did far better than a year-earlier loss of $5.38 per share. The loss for the three months to March 31 hit $344 million, compared to a year-earlier loss of $561.2 million.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
AMC Theatres and Warner Bros. Agree to Shorten Theatrical WindowAMC CEO Adam Aron floated the idea that the exhibitor might partner with GameStop to host events for gamers. GameStop has also seen its shares surge as investors have taken up its cause, bought shares and beaten back short-sellers.
Weiterlesen »
AMC Entertainment’s Revenue Surges as Moviegoers Return to TheatersAMC's revenue tripled in the June quarter from the year’s first three months, as moviegoers returned to theaters in the spring amid increased vaccinations and subsiding pandemic restrictions
Weiterlesen »
AMC Entertainment Will Accept Bitcoin For U.S. Tickets, Concessions By Year End – CEO Adam AronAMC Entertainment chairman-CEO Adam Aron said the chain will be technologically equipped to start accepting Bitcoin payments for U.S. movie tickets and concessions ordered online by the end of the …
Weiterlesen »
AMC Earnings Beat Projections, Stock SurgesNew blockbuster films like “Fast 9” and “A Quiet Place Part II” bolstered revenues at AMC Entertainment, even as the reemergence of a new and highly contagious variant of co…
Weiterlesen »
AMC posts narrower-than-expected loss, but CEO warns theater chain 'isn't out of the woods yet'Shares of AMC Entertainment rose after the company posted a narrower-than-expected loss during the second quarter.
Weiterlesen »
AMC Entertainment’s Revenue Surges as Moviegoers Return to TheatersAMC's revenue tripled in the June quarter from the year’s first three months, as moviegoers returned to theaters in the spring amid increased vaccinations and subsiding pandemic restrictions
Weiterlesen »