Articles by tag: AMC
AMC and Zoom have announced they are launching “Zoom Rooms” sometime in 2023. Zoom Rooms will allow for video conference calls to occur in AMC movie theaters, increasing the meeting capacity to over 75 people. Additional services will be offered as well such as food & beverage and movie viewing. Scott Srolis, SVP of…
Latest
B2B in the News
Will AMC’s Decision to Accept Bitcoin Generate Crypto Momentum?
Some significant news in the cryptocurrency was finally made official recently, as theater juggernaut AMC announced that it would begin accepting Bitcoin by the end of 2021. The theater chain will also begin accepting Apple Pay and Google Pay, though the Bitcoin announcement was obviously the star of the show when CEO Adam Aron hopped…
Sports & Entertainment
AMC Looks to Issue 25 Million More Shares
AMC Entertainment Holdings Inc. is looking to potentially expand its footprint on Wall Street amidst the entertainment titan’s massive stock gains. The movie theatre chain’s stock price is up more than 2,000% this year. Watch below as Bloomberg’s Juliette Saly provides additional insight into AMC’s current state. The proposal will be submitted to…
Podcasts
AMC Working to Avoid Bankruptcy as COVID Slowdown Continues
Theater chain AMC, already in debt due to luxury upgrades to its theaters prior to the onset of the COVID-19 pandemic, is still desperate for cash. It’s projected that the chain will need $750 million to hit its 2021 cash requirements, meaning an influx of more than $100 million in December and an attempt…
Podcasts
AMC Launches New Private Rental Program to Drive Business
The Entertainment industry has been particularly hard hit by the pandemic, and still struggles today as large crowds continue to be dangerous environments. In search of additional sources of liquidity, AMC Theaters launches a private theater rental option for parties of 20 or less. According to an interview by Variety, the concept’s initial beta testing…
Sports & Entertainment
Film Studios Can Run Their Own Movie Theaters. Now What?
A New York federal judge has officially granted a motion by the U.S. Department of Justice to end the Paramount Consent Decrees, an existing regulation preventing film studios from owning their own cinemas in the interest of preventing a movie-industry monopoly. To discuss the potential fallout of this decision, host Daniel Litwin was joined by…
Business Casual
Cinemark CEO Doesn’t Thinks AMC’s Release Deal Will Disrupt Exhibition Ecosystem: Business Casual
Powered by RedCircle Since the coronavirus pandemic swept the globe, movie theaters have had to shut their doors. As a result, theaters are taking a second look at their relationship with production companies. For AMC and Universal, that means shortening the time a film is in theaters, and sharing the revenue once it turns to…
Latest
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…