Articles by tag: AMC
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The Importance of Legal Counsel to Major League Organizations
Live sporting events continue to be at the forefront of entertainment in America year after year. Between enthused fans, good food and drinks, and anticipation for record-breaking moments, the ambiance of a stadium on a game day is unmatched. However, behind the scenes of our beloved stadiums and sports traditions lies term sheets and contracts […]
The Divergence Between Stocks and Bonds & Emerging Market Trends
As the world of investing continues to evolve, it’s crucial for industry leaders to keep pace with the shifting landscape. One particular topic gaining traction is the divergence between stocks and bonds – an economic paradox affecting portfolios worldwide. Recent data shows that traditional investment strategies, like the 60-40 portfolio (60% in stocks and 40% […]
The Main Course: The Power of Restaurant Narrative in Staffing
Not every restaurant makes an effort to fully integrate its customer into the experience of eating and enjoying their food. But for those looking for a unique dining experience, plenty of such establishments present unique restaurant narratives. What sort of restaurants emphasize storytelling in their dining, and how do they handle staffing? On this […]
AMC and Zoom Partnership: What Will the Big Screen Conference Experience Be Like?
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
What the Film Industry Thinks About AMC’s New Release Timeline
Filmocracy Co-Founder and CEO Paul Jun and iHeartRadio’s Kyle McMahon tackle AMC and Universal’s new, 17-day timeline for films to head to video-on-demand – and how it might send waves throughout the rest of the movie industry. Though AMC and Universal reserve the right to extend films’ stay in theaters, this new, shortened timeline gives […]
AMC’s Potential Buyout by Amazon Rocks Stocks and the Movie Industry
Cinema chains and smaller exhibitors have been thrust into a financial bind with movie theaters around the world closed due to the COVID-19 crisis. In fact, the movie theater market value has been reported to be down from $751.9 million at the end of 2019, and from $1.44 billion a year ago. AMC Entertainment […]