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☆ AMC Theaters, Looking for Movies, Turns to Blumhouse
▼ + stars: | 2024-03-15 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

For five days starting on March 29, people who buy tickets to certain movies at certain AMC Theaters will see video messages starring … Jason Blum? It’s a long way from Nicole Kidman, whose breathy “We come to this place for magic” branding spot has become legend. But Mr. Blum, a horror film producer, has been working to build his entertainment company, Blumhouse, into more of a consumer-facing brand. AMC and Blumhouse, which has made more than 200 horror movies and shows, are teaming up for what they are calling the Halfway to Halloween Film Festival. Previously released Blumhouse horror movies, including “Split,” “Ouija: Origin of Evil,” “The Purge,” “The Invisible Man” and “Insidious,” which will have its 13th anniversary on April 1, will be on offer in 100 AMC theaters in 40 cities.

Persons: … Jason Blum, It’s, Nicole Kidman, Blum, ”, James Wan, Mike Flanagan Organizations: AMC, Marvel, ”

NEW YORK (AP) — Taylor Swift's blockbuster concert film “The Eras Tour” will make its streaming debut on Disney+, the Walt Disney Co. announced Wednesday. The film, now titled “Taylor Swift: The Eras Tour (Taylor's Version)" will land on the streaming platform March 15. “The Eras Tour” amassed more than $262 million worldwide in theaters after opening in October, setting a record for concert films. Swift partnered with AMC Theaters for the release in a first-of-its-kind deal that cut out Hollywood studios and instead sent the film directly into theaters. “The Eras Tour” film will hit Disney+ about a month before Swift's recently announced new album, “The Tortured Poets Department,” drops on April 19.

Persons: — Taylor, “ Taylor Swift, “, ”, Bob Iger, Swift, Swift's Organizations: Disney, Walt Disney Co, AMC Theaters, Hollywood, Poets Department Locations: “ Cardigan

☆ Beyoncé’s ‘Renaissance’ Film: 4 Takeaways From the Premiere
▼ + stars: | 2023-11-26 | by ( Kyle Buchanan | More About Kyle Buchanan | ) www.nytimes.com time to read: +1 min

“I have nothing to prove to anyone at this point,” she says. Though Beyoncé made a posed appearance at the Oct. 11 premiere of “Taylor Swift: The Eras Tour” — like that concert documentary, “Renaissance” will be distributed by AMC Theaters — she entered her own premiere only after the lights had been turned off and the movie was seconds away from beginning. Unlike Swift, who shares plenty about her life and is currently in a high-profile, well-documented romance with the N.F.L. player Travis Kelce, Beyoncé is one of our most private superstars. “Renaissance: A Film by Beyoncé,” which chronicles the most recent world tour in support of her seventh studio album, offers fans something new to interpret, pulling back Beyoncé’s curtain ever so slightly.

Persons: Beyoncé, ”, “, Tyler Perry, Ava DuVernay, Issa Rae, “ Taylor Swift, Swift, Travis Kelce Organizations: Los Angeles, AMC Theaters Locations: Lizzo

☆ AMC beats quarterly revenue estimates on 'Barbenheimer' boost
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsNov 8 (Reuters) - AMC Entertainment (AMC.N) beat third-quarter revenue estimates on Wednesday, riding on the success of "Barbie" and "Oppenheimer" movies as volumes of theatrical releases also improved at the box office. Attendance in AMC theaters increased 38.4% to 73,576 in the third quarter. The movie theater chain posted revenue of $1.41 billion for the quarter ended Sept. 30, compared with estimates of $1.26 billion, according to LSEG data. "For both revenue and adjusted EBITDA, these were AMC's most successful third-quarter results in our company's entire 103-year history," Aron added. AMC's profit per share stood at 8 cents, compared with estimates of a loss of 19 cents per share.

Persons: Mario Anzuoni, Oppenheimer, Alicia Reese, Taylor Swift, Beyonce, Adam Aron, Aron, Jaspreet Singh, Krishna Chandra Eluri, Shounak Organizations: AMC, REUTERS, AMC Entertainment, Thomson Locations: Burbank , California, U.S, Bengaluru

More was riding on “Killers of the Flower Moon,” a historical crime drama about a string of murders against the Osage nation in the early 1920s. “Killer of the Flower Moon” also marks the best wide-release debut for a film from a streaming company. Gross, who runs the movie consulting firm Franchise Entertainment Research, said of the “Killers of the Flower Moon” launch. As dissimilar as “Taylor Swift: The Eras Tour” and “Killers of the Flower Moon” are, they’re alike in their extended run times. “Killers of the Flower Moon" also reeled in more young moviegoers than one might have expected.

Persons: Barbie ”, “ Oppenheimer, ” Martin Scorsese, Taylor Swift, “ Taylor Swift, ”, Swifties, David Grann’s, Scorsese, Leonardo DiCaprio, Lily Gladstone, Robert De Niro, mightily, Apple, Ridley Scott’s, Napoleon, Joaquin Phoenix, Matthew Vaughn’s “, ” David A, Gross, David Gordon Green, Tim Burton's, Comscore, “, “ Leo Organizations: Apple Studios, AMC Theaters, Paramount Pictures, Apple, Netflix, MGM, Sony, Universal, Paramount, Entertainment Research Locations: North America, Osage, Venice

But “The Eras Tour” heralds something new and potentially game-changing in the movie industry. BTS earlier this year released a concert film, with higher ticket prices and limited showtimes. But “The Eras Tour” could be the start of an expansion of what, exactly, a movie theater can be. The movie, directed by Sam Wrench, would be a way for millions more to experience the Eras Tour. “The industry needs it and, frankly, so do consumers.”Meanwhile, “Taylor Swift: The Eras Tour” is poised to become the biggest concert film ever in about two days of release.

Persons: — Greg Marcus, they’ve, “ Taylor Swift, ”, Marcus, “, — Swift, Beyoncé, that’s, Swift, Sam Wrench, It's, Scott Swift, Travis Kelce, Adam Aron, Paul Dergarabedian, ” Dergarabedian, Makan Delrahim, Delrahim, ” Delrahim, Justin Bieber, Marcus ’, “ I’m, Jake Coyle Organizations: Marcus, Southern, Advance, AMC Theaters, Hollywood, Netflix, Metropolitan Opera, AMC, Kansas City Chiefs, NFL, Swift, American, Paramount, Department of Justice, “, Justice Department, Woodstock, Twitter Locations: Milwaukee , Wisconsin, Los Angeles, ”

☆ AMC shares jump after Taylor Swift concert film grosses $100 million in advance ticket sales
▼ + stars: | 2023-10-06 | by ( Sergio Padilla | ) edition.cnn.com time to read: +2 min

Shares of AMC (AMC) surged 11.5% in Friday afternoon trading after the movie theater chain announced that “Taylor Swift: The Eras Tour” concert film had grossed over $100 million in advance ticket sales. “Taylor Swift: The Eras Tour,” already the most profitable concert film in history, opens on Friday, October 13. “Taylor Swift: The Eras Tour” also broke an AMC record for advance first-day ticket sales at $26 million. AMC Theaters Distribution, along with sub-distribution partners Variance Films, Trafalgar Releasing, Cinepolis and Cineplex, have reached deals with operators to show the film in over 8,500 theaters across 100 countries. The company said in a news release that ticket sales for the Eras Tour film were “setting domestic presale records.”For AMC, the rebound has come after sharp declines over two years.

Persons: Taylor, “ Taylor Swift, ”, Swift, AMC’s, Beyonce ” Organizations: CNN, AMC Entertainment, AMC, ” AMC, North, Trafalgar, Cinemark Holdings Locations: United States

NEW YORK (AP) — A documentary chronicling Beyoncé's just-concluded 39-city Renaissance World Tour will premiere in North American theaters Dec. 1, AMC Theaters announced Monday. Like “Taylor Swift: The Eras Tour,” which debuts Oct. 13, “Renaissance: A Film By Beyoncé” is being released directly by AMC, the movie theater chain, without studio involvement. Beyoncé's previous films include the acclaimed 2019 Netflix film “Homecoming," which captured her Coachella performance in 2018. In the deals with AMC, Beyoncé and Swift are both reported to be receiving at least 50% of ticket sales. The film charts Beyoncé's tour on behalf of her 2022 Grammy-winning album “Renaissance.” It mixes concert footage and elements of a visual album while trailing the tour from its launch in Stockholm, Sweden, in May to the finale Sunday night in Kansas City, Missouri.

Persons: Beyoncé's, that's, “ Taylor Swift, ”, Swift, Beyonce Organizations: AMC Theaters, AMC, Netflix, Billboard Locations: Stockholm, Sweden, Kansas City , Missouri

☆ Beyoncé's Renaissance World Tour in talks with AMC for a concert film
▼ + stars: | 2023-09-30 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

Beyoncé's Renaissance World Tour may be coming to a theater near you. Makers of a concert film based on the smash-hit concert are reportedly in advanced talks to directly distribute the movie through AMC Theaters , according to a Variety report. The news comes as Taylor Swift's own concert film nears its release date of Oct. 13. The movie, based on her Eras Tour, will be globally distributed through AMC and is set to be a blockbuster. First-day ticket sales for Swift's movie got to $26 million and some estimate the film will top $100 million the weekend it opens.

Persons: Taylor Swift's, Swift Organizations: AMC Theaters, CAA, AMC, Variety Locations: Hollywood

TORONTO (AP) — Think of movies about the financial system and your mind is almost sure to go to Gordon Gekko and “Wall Street” or Leonardo DiCaprio’s gyrating Jordan Belfort in “The Wolf of Wall Street.”When Hollywood takes on Wall Street, it usually heads straight to the C-suite. In 2021, Gill’s enthusiastic endorsement of GameStop stock helped fuel a viral trading frenzy that rocked Wall Street and humbled the hedge funds that has shorted the brick-and-mortar video game company. Gillespie was able to follow the phenomenon thanks to his 24-year-old son, who had been involved with the subreddit Wall Street Bets. My son warned me: You got in too late.”Lauren Schuker Blum and Rebecca Angelo, two former Wall Street Journal reporters turned screenwriters, came on to write the script. They feel small, they feel powerless, they feel that the system is rigged,” says Angelo.

Persons: Gordon Gekko, Leonardo DiCaprio’s gyrating Jordan Belfort, Keith Gill, Paul Dano, ”, Pete Davidson, Seth Rogen, America Ferrara, Anthony Ramos, Shailene Woodley, Craig Gillespie, Tonya Harding, Tonya, Gillespie, Ben Mezrich, ” Mezrich, Mark Zuckerberg, David Fincher’s “, “, ” Lauren Schuker Blum, Rebecca Angelo, —, Blum, let’s, Ramos, Myha’la Herrold, Talia Ryder, Margot Robbie, Angelo, Megan Thee Stallion’s, ” Gill, Kitty, Gill, Jake Coyle Organizations: TORONTO, Hollywood, GameStop, Wall, Sony Pictures, Toronto, AMC Theaters, Ragtag, Amateur, Social, Wall Street Journal, Lawmakers, Twitter Locations: “ The, Brockton , Massachusetts, Belgian, Bath, Pittsburgh

☆ The case for owning stocks over bonds is crumbling
▼ + stars: | 2023-09-08 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —The allure of owning stocks over less risky investments is at its lowest level in decades, according to one measure, despite the equity market’s race upward this year. At the same time, hot economic data has helped push Treasury yields higher in recent months. Treasury bonds are generally seen as safer investments than stocks, since they’re issued by the US government, which has never defaulted on its debt. One way to calculate that premium is by subtracting the estimated return on nearly risk-free bonds from that of stocks: in this case, the spread between the S&P 500 index earnings yield and 10-year Treasury yield. The bigger question might be: Why did Swift decide to release her highly anticipated film in theaters over a streaming service?

Persons: Bonds, they’re, Treasuries, ”, Seema Shah, Shah, Taylor Swift, Swift, Read, Bryan Mena Organizations: CNN Business, Bell, CNN, Federal, Treasury, Asset Management, Stocks, Federal Reserve, AMC Theaters Locations: Taylor, North America

☆ Why Taylor Swift might have chosen theaters for the Eras Tour film's debut, according to experts
▼ + stars: | 2023-09-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Taylor Swift’s fans know the greatest films of all time were never made, but that could be called into question come October 13, when her Eras Tour concert movie is set for release in North America. Experts say that choosing movie theaters for the Eras Tour film’s debut over the small screen is a move fitting of both Swift’s business acumen and relationship with her fans. Unlike her previous concerts, the Eras Tour has become a cultural phenomenon. Others seemed to have their own reasons for concern about the Eras Tour film release’s timing. The “Exorcist: Believer,” originally scheduled to be released on the same day as Swift’s film, moved it up a week.

Persons: New York CNN — Taylor Swift’s, Swift, “ Taylor, “ Taylor Swift, Fearless ”, ”, wouldn’t, Jonathan Kuuskoski, Ralph Jaccodine, Bruce Springsteen, Kiss, that’s, “, “ Barbie ”, “ Oppenheimer, “ Barbie, Michael O’Leary, O’Leary, “ You’re Organizations: New, New York CNN, AMC Theaters, Netflix, Disney, Apple Music, Warner Bros, University of Michigan School of Music, Theatre, Ticketmaster, Berklee College of Music, CNN, National Association of Theater Owners, AMC Locations: New York, North America, France

☆ Taylor Swift Eras Tour concert film is already a blockbuster with historic first-day ticket sales
▼ + stars: | 2023-09-01 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

In less than 24 hours on the market, ticket sales for Taylor Swift's Era Tour concert film have already broken records. "Taylor Swift is giving moviegoing fans and the entire industry the ultimate gift by bringing Taylor Swift Eras Tour concert film to the big screen," said Jerramy Hainline, senior vice president at Fandango Ticketing. AMC Entertainment reported that Thursday ticket sales for Swift's film reached $26 million, a new record for the century-old company. Previously, the highest single-day ticket sales record was held by "Spider-Man: No Way Home" with $16.9 million. Cinema chains told CNBC that most of the Thursday ticket sales were for showings during the concert film's opening weekend.

Persons: Taylor Swift's, Fandango, Taylor Swift, Taylor, Jerramy Hainline, Rich Gelfond, CNBC's, there's, NBCUniversal Organizations: Fandango, AMC Entertainment, CNBC, AMC, Dolby, Hollywood, Warner Bros, Comcast Locations: NBCUniversal

☆ Taylor Swift’s tour enters her movie theater ‘Era’ as she brings record-breaking concert to the big screen
▼ + stars: | 2023-08-31 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

Taylor Swift is bringing her “Eras Tour” to a movie theater near you starting this October, the singer announced in an Instagram post Thursday morning. Swift has been on her record-breaking “Eras” tour, her first tour since 2018, since March. The “Eras” tour concert film is likely a welcome announcement for the struggling movie theater industry, which has taken a hit due to the Covid-19 pandemic. The “Blank Space” singer is on the international leg of her “Eras” tour and next heads to Argentina in November. Tickets for “Taylor Swift: The Eras Tour Concert Film” are on sale now at AMCtheaters.com.

Persons: Taylor Swift, it’ll, ” Swift, “ Taylor Swift, Sam Wrench, Billie Eilish, Jennifer Lopez’s “, Swift, she’s Organizations: CNN, North America –, AMC Theaters, Netflix, Ticketmaster, AMC Locations: North America, Los Angeles, United States, Canada, Mexico, Argentina, AMCtheaters.com

☆ Taylor Swift Eras Tour Concert Film Coming to Movie Theaters
▼ + stars: | 2023-08-31 | by ( Joe Coscarelli | More About Joe Coscarelli | ) www.nytimes.com time to read: +1 min

Taylor Swift’s Eras Tour, the billion-dollar juggernaut that has dominated the cultural calendar this year, may be on a break before picking up internationally, but its momentum will only rest so long: The show is coming to movie theaters this fall. “Taylor Swift: The Eras Tour” concert film will be released in the United States, Canada and Mexico on Oct. 13, Swift announced on social media Thursday, with U.S. AMC Theaters promising at least four showtimes per day from Thursday to Sunday upon opening. “The Eras Tour has been the most meaningful, electric experience of my life so far and I’m overjoyed to tell you that it’ll be coming to the big screen soon,” Swift said. “Eras attire, friendship bracelets, singing and dancing encouraged.”Anticipating the white-hot demand that has followed the tour since its announcement, crashing ticketing systems around the world, AMC promised in a news release that it had “bolstered its ticket server capacity to handle traffic at more than 5 times the current record for the most ever tickets sold in an hour.” (The company added, however, that it was “also aware that no ticketing system in history seems to have been able to accommodate the soaring demand from Taylor Swift fans when tickets are first placed on sale.”)

Persons: Taylor, “ Taylor Swift, Swift, it’ll, ” Swift, ”, “, Taylor Swift Organizations: U.S, AMC Theaters, AMC Locations: United States, Canada, Mexico

☆ Even 'Barbie' may not be able to rescue AMC Theaters' problems
▼ + stars: | 2023-08-09 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

That still may not be enough to save AMC Theaters, which has a looming bill it may not be able to pay back. AMC (AMC) also saw its highest quarterly attendance since 2019. The quarter did not include revenue from “Barbie” and “Oppenheimer” July releases, which AMC said lifted the company to its best month in its 103-year history. Still, the financial toll of the pandemic has been immense, and is still weighing down AMC and other movie theater chains. AMC took on a significant amount of debt to stay afloat during the pandemic when theaters closed and customers were at home watching Netflix.

Persons: New York CNN — Barbie, “ Barbie ”, “ Oppenheimer, ”, kindling, Adam Aron, Peacock, Max, Disney’s “ Indiana Jones, There’s, Alicia Reese Organizations: New, New York CNN, AMC, Netflix, Paramount, Comcast, CNN, Warner Bros ., Hollywood, Wedbush Securities Locations: New York, Hollywood, Disney’s

☆ Record temperatures, plus Barbie, help to drive record movie box office
▼ + stars: | 2023-08-05 | by ( Ellie Stevens | ) edition.cnn.com time to read: +5 min

Advertisements for the films "Oppenheimer" and "Barbie" appear at AMC Theaters at The Grove on Thursday, July 20, 2023, in Los Angeles. Chris Pizzello/APThis summer, scorching heat waves are helping take the movie box office to new levels. Movie-theater air conditioning is generally silent, powerful and adapts quickly to temperature swings. Within 5 years of the introduction of air conditioning in movie theaters in the 1920s, Basile said, 3,000 movie theaters were forced to put it in just to keep up with the industry. “Before air conditioning existed in movie theaters, summer was considered the dead season.” Not anymore.

Persons: “ Oppenheimer, “ Barbie, Hope Torres, —, ” Torres, Oppenheimer, Chris Pizzello, Barbie ”, ”, Shawn Robbins, Tyler Whitmore, ‘ Oppenheimer ’, ” Whitmore, Salvatore Basile, “ Oppenheimer ”, Eric Thayer, Basile, Michael O’Leary, Jeff Yanc, John Carpenter’s, ” Yanc Organizations: CNN, Maya Cinemas, AMC Theaters, AMC, Sunday, Boxoffice, ”, Hollywood, Regal Cinemas, Warner Bros . Pictures, Warner Bros ., TCL, Bloomberg, Getty, AC, National Association of Theater, Mushroom People Locations: Maya Cinemas Fresno, Fresno , California, California, Grove, Los Angeles, Phoenix , Arizona, Arizona, Los Angeles , California, Cineworld, Tucson , Arizona

☆ Stocks are having their best run since 2021. Can they beat the August doldrums?
▼ + stars: | 2023-08-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

On average, August has been the worst performing month for stocks since 1986, according to Morningstar. That means the dwindling number of traders who remain must take extra care in a such a potentially volatile environment. 99-year-old trucking company Yellow shuts downYellow Corp., a 99-year-old trucking company that was once a dominant player in its field, halted operations Sunday and will lay off all 30,000 of its workers, reports my colleague Chris Isidore. He said the company began taking on significant amount of debt 20 years ago in order to acquire other trucking companies. “Now their debt service is just enormous,” he said, pointing to $1.5 billion in debt on its books.

Persons: Morningstar, It’s, it’s, ”, Michael Landsberg, Landsberg, “, ” Jackson, Jerome Powell, Barbie, Barbie ”, “ Oppenheimer, Eva Rothenberg, “ Barbenheimer ”, “ Barbie, Chris Isidore, Satish Jindel, Tom Nightingale, Read Organizations: CNN Business, Bell, New York CNN, Nasdaq, Apple, Landsberg Bennett, Wealth Management, Federal Reserve Bank of Kansas, Fed, Dow, AMC, Oppenheimer AMC Theaters, CNN, Warner Bros, Corp, Teamsters, AFS Logistics, “ Locations: New York, Jackson Hole , Wyoming, Washington, Nashville , Tennessee

☆ AMC has best week in ticket sales led by Barbie and Oppenheimer box office wins
▼ + stars: | 2023-07-31 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

CNN —AMC Theaters (AMC) hit a revenue record last week, driven by the overwhelming success of the “Barbenheimer” pop culture craze. AMC attributed this 103-year high to the incredible opening weekend of both “Barbie” and “Oppenheimer,” as well as the strong momentum that continued to carry them along. “Barbenheimer” had tremendous staying power in its second weekend in theaters, with “Barbie” grossing $93 million and “Oppenheimer” almost $47 million, according to official studio numbers. It reported that 65 AMC locations across 19 states and Washington, DC, set their own box office records this week as well. In its opening weekend, Greta Gerwig’s “Barbie” had raked in a stunning $162 million domestically in its first weekend, giving the film the biggest opening weekend of 2023 and the largest-ever debut for a female director.

Persons: Barbie ”, “ Oppenheimer, ”, Barbenheimer ”, “ Barbie, Greta Gerwig’s “ Barbie ”, “ Oppenheimer ”, Barbie, Ramishah Maruf Organizations: CNN, AMC, Warner Bros Locations: Washington

☆ Fact Check-No evidence hiccups at Sound of Freedom AMC showings are intentional
▼ + stars: | 2023-07-25 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

There is no evidence to claims being shared online about AMC theaters suppressing attendance to the Sound of Freedom film, according to Angel Studios, the film’s distributor, and AMC, a major movie theater chain that broadcast the film. “AMC is trying to sabotage ‘Sound of Freedom,’” reads one post (here). Another says, in part, “AMC Theatres is running The Sound Of Freedom into the ground!” (here). Haters?”Aron updated the number of attendees in another tweet on July 12, 2023, that more than one million had seen the film at AMC theaters (here). AMC theaters was not suppressing attendance to the Sound of Freedom film, according to AMC and Angel Studios.

Persons: ”, Forbes, Adam Aron, ” Aron, Brandon Purdie, “, ” Neal Harmon, Read Organizations: AMC, Angel Studios, ‘, Indiewire, of, Reuters, ” AMC Locations: U.S

☆ ‘Sound of Freedom’ is a box office hit. It has an unusual ticket strategy
▼ + stars: | 2023-07-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

More than 10 million tickets have been purchased through the app, called Pay It Forward. During the movie’s July 4 opening, “Sound of Freedom” scored $11.5 million from direct box office sales and $2.6 million, or over 20%, from Pay It Forward ticket sales. A spokesperson for Angel Studios told CNN that these posts could be tied to group ticket sales. For individual tickets, Angel Studios’ system creates a code that allows another person to redeem a free ticket directly from theaters. Angel Studios does not release what percentage of ticket sales come from customers buying other people tickets.

Persons: “ Barbie ”, “ Oppenheimer, ”, Jesus, Angel, Daniel Loria, Jim Caviezel, Donald Trump, Caviezel, Ted Cruz, Ted Cruz of, theatergoers, Loria, Adam Aron, “, Jeff Bock Organizations: New, New York CNN, “, Angel Studios, Angel, ”, Twitter, New York Times, AMC, AMC Theatres, CNN Locations: New York, American, Texas, Ted Cruz of Texas

☆ AMC Theaters scraps plans to charge more for good seats
▼ + stars: | 2023-07-20 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +1 min

In February, AMC (AMC) said it was rolling out the initiative to all of its roughly 1,000 movie theaters by the end of the year. The company said at the time that AMC theaters would offer three pricing tiers for tickets, with the highest-end “Preferred” tier in the middle of the theaters priced at a “slight premium” compared to its “Standard” tier. That standard tier, it said, would be sold for the “traditional cost of a ticket.” The third “Value” tier would be the lowest-priced tickets for seats in the front row. AMC said it is now pivoting away from Sightline and will not roll it out nationwide. Moving forward, AMC said it’s gearing up to test more spacious front rows, with seats that recline, in theaters nationwide later in the year.

Persons: – CNN’s Jordan Valinsky Organizations: New, New York CNN, AMC Locations: New York, Sightline

☆ 'Barbenheimer' is coming: AMC says it has already sold 20,000 same-day tickets for the 'Barbie' and 'Oppenheimer' double feature
▼ + stars: | 2023-07-10 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Move over Taylor Swift, summer's hottest ticket is a "Barbie" and "Oppenheimer" double feature. AMC Theaters this week announced that more than 20,000 members of its AMC Stubs loyalty program have purchased tickets to watch the unlikely cinematic pairing on the same day. Greta Gerwig's "Barbie" and Christopher Nolan's "Oppenheimer" have been slated for a July 21 release for the past year. The juxtaposition between the bright and bubbly "Barbie" and the dour, nuclear bomb drama has led internet users to declare "Barbenheimer" a must-see double feature. "I want to see both 'Barbie' and 'Oppenheimer,'" Cruise said.

Persons: Taylor Swift, Oppenheimer, Greta Gerwig's, Christopher Nolan's, Elizabeth Frank, Barbie, Tom Cruise, Cruise, Warren Buffett Organizations: AMC, Variety

☆ Cineworld shares tank after Regal Cinemas owner ditches plans to sell US and UK businesses
▼ + stars: | 2023-04-03 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —Shares in Cineworld plunged more than 30% Monday, hitting their lowest level since late August, after the owner of Regal Cinemas said it planned to terminate efforts to sell its US, UK and Irish businesses. The world’s second-largest movie theater chain also announced a debt restructuring plan with lenders to help it exit bankruptcy. Cineworld — which, like many cinema operators, was hit hard by the pandemic — filed for Chapter 11 bankruptcy protection in September. In addition to the United States, the United Kingdom and Ireland, Cineworld operates cinemas in Poland, the Czech Republic, Slovakia, Hungary, Bulgaria, Romania and Israel. After two rounds of closures in the United States, around 500 Cineworld theaters remain across the country.

☆ AMC will start charging more for better movie theater seats
▼ + stars: | 2023-02-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —AMC Theaters is changing the way it charges for seats. The ticket pricing initiative, called Sightline at AMC, will roll out at all of its roughly 1,000 movie theaters by the end of the year. AMC said a seating map will show the adjusted prices and Sightline will only be used on showings after 4 pm. Live theater, such as Broadway, has long been using a similar method of pricing for seats (although front-row there can fetch top price). Movie theaters outside the United States also have similar location pricing standards that remain uncommon for American movie theaters.

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