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☆ Why auction houses are embracing luxury — and celebrity — fashion
▼ + stars: | 2024-04-25 | by ( Joan Kennedy | ) edition.cnn.com time to read: +8 min

(CNN) — There’s a lot of talk about luxury’s rising prices, but it’s at auction that fashion is selling for the most eye-popping of sums. Fashion items from the sets of TV, film and even commercials can also garner high prices. Frank Augstein/APWhile selling prices are widely publicized, auction houses maintain something akin to attorney-client privilege when it comes to the identities of their bidders. In fact, much of the archival fashion seen on stars today has passed through auction. “That dress would now sell for $10 million because of that double whammy connection of a celebrity,” said Nolan.

Persons: —, Celine, Joan Didion, Levi’s, Kurt Cobain, Elton, Burberry, ”, Nicole Kidman, Lucy Bishop, Frank Augstein, Bishop, Audrey Hepburn, Diana —, Victoria, they’re, Lady Gaga, Kim Kardashian, Michael Jackson’s, Laverne Cox, Jordan Strauss, ’, Shannon Hoey, Hoey, Dior, Elizabeth Debicki, Diana, “, Meg Randell, Leigh Anne Clark —, Valentino, Saint Laurent, Chanel, Andre Leon Talley’s Birkin, Christie’s, Anna Wintour, Clark, Talley, would’ve, Andre Leon Talley's, Meghan McCarthy, Renae Plant, Diana’s, It’s, Carrie Bradshaw, Martin Nolan, Carrie Bradshaw's, Craig Blankenhorn, Barbie, Marilyn Monroe, John F, Kennedy, Nolan, Read Organizations: The, Fashion, CNN, AMC, Albert Museum, York’s Metropolitan Museum of Art, Vogue, USA, Plant, City, Julien’s, HBO Locations: London, Dallas, Palm Beach , Florida, California, Paris, Australia

☆ AMC exec has regrets about that 'Dune: Part Two' popcorn bucket
▼ + stars: | 2024-04-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

You know the "Dune: Part Two" popcorn bucket? An AMC exec told Variety they never would have made them if AMC knew how people would react. AdvertisementThe viral "Dune: Part 2" popcorn bucket has left one AMC Theatres exec with a bit of regret. Frank said the company is continuing to "learn and evolve" its collectible popcorn bucket business. "It's a material part of our food and beverage business, but it's not the majority of it," Frank told Variety.

Persons: —, Elizabeth Frank, Frank, it's, Variety, Barbie, Wonka Organizations: AMC, Service, Variety, Business, eBay, Hollywood Reporter, Hollywood, Disney

☆ How the businessman who blew up MoviePass tried to create a 'TikTok killer' and cost investors millions
▼ + stars: | 2024-04-01 | by ( Ashley Rodriguez | Jason Guerrasio | ) www.businessinsider.com time to read: +22 min

At Vinco, Farnsworth employed several of the same tactics that he had at MoviePass and at his earlier ventures. "Ted took these press releases and really treated them like they were works of art for him," Matt Argall, a former advisor to Farnsworth, told BI. Hudson Bay has not been served the lawsuit as of the publication of this story. "Hudson Bay's investment in Vinco Ventures was a standard, fixed price convertible loan of which millions remain unpaid," Hudson Bay told BI in a statement. "If served, Hudson Bay will seek to have these baseless, factually flawed and frivolous claims, which have been repeatedly dismissed in other proceedings against other parties, dismissed expeditiously."

Persons: MoviePass, Ted Farnsworth, Maria Bartiromo, he'd, Farnsworth, Jaeson Ma, Ted Farnsworth playbook, Ted, Barnum, John Fichthorn, I've, Shadwrick Vick, Rudy, Vick, Roderick Vanderbilt, who's, hocking, La Toya Jackson, Helios, Matheson, Brian Quinn, Farnsworth's, Michael Hartstein, Vinco, Matt Argall, Mitch Lowe, Reuters Farnsworth, David, Goliath, TikTok, We're, Argall, Elton John, Jamie McCarthy, Lomotif, Lil Nas X, Snoop Dogg, Grimes, Zash, Allan Stern, Get2it, Stern, Robert N, Scola Jr, Scola, he's, —, Lowe, Getty, Dave Kotinsky, Stringer Vinco, expeditiously, Farnsworth —, Vanderbilt, Jesse Law, Katherine Long Organizations: Fox Business, Hollywood, Business, Zash Global Media, Entertainment, Vinco Ventures, Fox, Hudson Bay, BI, Helios, Matheson, Matheson Analytics, Boston College Law School, Palladium Capital Group, Vinco, BHP Capital, Armistice, CVI Investments, National Enquirer, Reuters, AMC Theatres, AMC, Gemini Valuation, Hudson, Eightco Holdings, Elton John AIDS Foundation, 91st, EDC, Tampa Marriott, SEC, Publishing, National Examiner, Globe, The New York Times, Southern, Southern District of, Bloomberg, Bay, Vanderbilt, Federal Bureau of Investigation Locations: Hudson, Vinco, Zash, Hudson Bay, China, Syracuse , New York, Lomotif, Syracuse, West Hollywood , California, Vegas, Tampa, Argall, Boston, India, The, Miami, MoviePass, Southern District, Southern District of Florida, New York

☆ Beyoncé’s ‘Renaissance’ Tops U.S. Box Office With $21 Million in Sales
▼ + stars: | 2023-12-04 | by ( Ginger Adams Otis | ) www.wsj.com time to read: 1 min

Beyoncé’s movie includes concert footage from her popular tour, which ran from May to October. Photo: Kevin Mazur/WireImage for ParkwoodBeyoncé’s concert film dominated the box office on its debut weekend with an estimated $21 million in U.S. ticket sales. The 42-year-old pop singer’s “Renaissance: A Film by Beyoncé” gave a strong showing for the first weekend in December, historically a slow one for movies. It is the first time in two decades a film has opened to more than $20 million on the weekend after the Thanksgiving weekend, according to AMC Theatres, which distributed the film.

Persons: Kevin Mazur, Parkwood, Beyoncé ” Organizations: AMC Theatres

☆ Beyoncé’s ‘Renaissance’ tops the box office with $21 million opening
▼ + stars: | 2023-12-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Beyoncé was crowned “queen of the box office” after her concert movie topped the box office in its opening weekend. “Renaissance: A Film by Beyoncé,” a documentary about the artist’s record-breaking world tour, raked in $21 million since its Friday opening, according to BoxOfficeMojo. “The Hunger Games: The Ballad of Songbirds and Snakes” placed second, grossing $14.5 million and “Godzilla Minus One” debuted with an $11 million opening. Notably, “Renaissance” became the first film in two decades to cross the $20 million benchmark for its opening weekend following Thanksgiving, a typically sluggish one. So far this year, domestic theaters have grossed $8.26 billion, about $740 million shy of the $9 billion plus expected for the full year.

Persons: New York CNN — Beyoncé, Beyoncé, ”, Tom Cruise’s “, Taylor Swift, Novembers, – CNN’s Leah Asmelash, Eva Rothenberg Organizations: New, New York CNN, AMC Theatres, AMC, SAG Locations: New York, Hollywood

Her concert picture, “ Renaissance: A Film by Beyoncé,” opened in first place with $21 million in North American ticket sales, according to estimates from AMC Theatres Sunday. The 39-city, 56-show “Renaissance” tour, which kicked off in Stockholm, Sweden in May and ended in Kansas City, Missouri in the fall, made over $500 million and attracted over 2.7 million concertgoers. Toho's 33rd Godzilla film is set in the aftermath of World War II, stars Ryunosuke Kamiki and was directed by Takashi Yamazaki. “Trolls Band Together” landed in fourth place in its third weekend with $7.6 million, bringing its domestic total to $74.8 million. “Renaissance: A Film by Beyoncé,” $21 million.

Persons: Beyoncé, ”, Elizabeth Frank, “, John Woo, Paul Dergarabedian, “ Taylor Swift, it’s, Swift, Miley Cyrus, Justin Bieber, EntTelligence, ” Dergarabedian, Ryunosuke Kamiki, Takashi Yamazaki, Koji Ueda, Ridley Scott’s “ Napoleon ”, Joaquin Phoenix, “ Wonka, Comscore, “ Napoleon Organizations: North, AMC Theatres, AMC, Films, Comscore, Netflix, Swift's, Rotten, Toho International, Toho Global, Apple Original, Sony Pictures Locations: U.S, Canada, Stockholm, Sweden, Kansas City , Missouri, Japan

☆ ‘Renaissance: A Film by Beyoncé:’ Everything you need to know
▼ + stars: | 2023-11-26 | by ( Leah Asmelash | ) edition.cnn.com time to read: +5 min

“Renaissance: A Film by Beyoncé,” a documentary about the artist’s record-breaking world tour, will be released Friday, gracing fans with an early Christmas gift. A film poster for “Renaissance: A Film by Beyoncé" captures the Afro-futurist vibes of Beyoncé's tour. Kevin Mazur/WireImage for Parkwood/Getty ImagesDidn’t Taylor Swift also have a concert film this year? Taylor Swift attends the "Taylor Swift: The Eras Tour" movie world premiere at AMC The Grove 14 on October 11, 2023, in Los Angeles. (The Taylor Swift concert film has also played in Israel in recent weeks.)

Persons: Queen Bey, Beyoncé, ”, Blue Ivy, James B, Merryman, Mark Ritchie, Beyoncé’s, I’ve, Kevin Mazur, Didn’t Taylor Swift, “ Taylor Swift, Swift, “, Taylor Swift, Matt Winkelmeyer, there’s, they’ll Organizations: CNN, Parkwood Entertainment, Tottenham Hotspur, Parkwood, AMC, AMC Theatres, Chrome, ”, Israel Locations: London, Los Angeles, Europe, North America, Hollywood, Israel, Gaza

☆ A remote worker explains why she stands by the controversial practice of working from movie theaters
▼ + stars: | 2023-11-21 | by ( Andrew Lloyd | ) www.businessinsider.com time to read: +4 min

A remote worker shared a video of herself on her laptop while at the movie theater. Williams told Business Insider in an email exchange that she juggled multiple freelance roles, which included writing product reviews and writing for a mobile game. she told Business Insider. "If companies are gonna force people back into the office, they're gonna do it no matter what we do," she told Business Insider. "If I felt like I was bugging someone, the laptop would've gone straight away," she told Business Insider.

Persons: —, Hanna Williams, Williams, they'd, they're Organizations: Service, AMC Theatres, AMC Locations: Los Angeles , California, Sterling Heights , Michigan

The superhero factory hit a new low with the weekend launch of “The Marvels,” which opened with just $47 million, according to studio estimates Sunday. It was also the rare Marvel movie led by three women — Larson, Teyonah Parris and Iman Vellani. After numerous strike-related delays, the only Marvel movie currently on the studio’s 2024 calendar is “Deadpool 3,” opening July 26. While quite low for a $200 million movie, “Killers of the Flower Moon” is primarily an awards-season statement by Apple of its growing moviemaking ambitions. "The Marvels,” $47 million.

Persons: Brie Larson, Captain Marvel, ”, aren’t, Marvel ”, David A, Gross, Sony’s, Morbius, Nia DaCosta, — Larson, Teyonah Parris, Iman Vellani, Bob Iger, ” Gross, “ Barbie, Larson, Taylor Swift’s, Swift, Sofia Coppola's “ Priscilla, Cailee Spaeny, Priscilla Presley, Jacob Elordi, Martin Scorsese's, Alexander Payne's, Paul Giamatti, Comscore, “ Taylor Swift, “ Priscilla, Jake Coyle Organizations: Marvel, Research Entertainment, Walt Disney Co, Disney, Rotten, Warner Bros, “, Universal Pictures, AMC Theatres, Apple Studios, Paramount Pictures, Apple, Sony's Locations: Bethlehem

☆ 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

It hardly mattered that “Five Nights at Freddy’s” was released simultaneously in theaters and on streaming this weekend. Fans flocked to movie theaters across the country to see the scary video game adaptation on the big screen, which made $78 million to top the North American box office, according to studio estimates Sunday. The movie also opened in 64 markets internationally, where it’s expected to gross $52.6 million, giving the film a $130.6 million global launch – the biggest of any horror released this year. Political Cartoons View All 1223 ImagesAnd it paid off: “Five Nights at Freddy’s” is his company’s biggest opening of all time, surpassing “Halloween’s” domestic and global debut. Coppola’s “Priscilla,” about Priscilla Presley’s life with Elvis, also opened on four screens in New York and Los Angeles, where it averaged $33,035 per screen.

Persons: ”, Blumhouse, Emma Tammi, Josh Hutcherson, Mary Stuart Masterson, Matthew Lillard, Freddy Fazbear’s, Scott Cawthon, Jason Blum, “, ” Blum, AP’s Mark Kennedy, “ Taylor Swift, Martin Scorsese's, Alexander Payne’s “, Sofia Coppola’s “ Priscilla, Paul Giamatti, Coppola’s “ Priscilla, Priscilla Presley’s, Elvis, Cailee Spaeny, Jacob Elordi Organizations: American, Universal, Peacock, NBCUniversal, IGN, Rotten, AMC Theatres, Paramount, New Locations: U.S, Canada, New York, Los Angeles, New England

☆ Taylor Swift Concert Film and ‘Killers of the Flower Moon’ Top Weekend Box Office
▼ + stars: | 2023-10-22 | by ( Sarah Krouse | ) www.wsj.com time to read: 1 min

Taylor Swift’s Eras Tour concert movie was a late addition to the October movie release calendar. Photo: Alexandre Meneghini/ReutersTaylor Swift’s concert film proved untouchable at the domestic box office this weekend, becoming the first such movie in history to gross more than $100 million and out-earning the Martin Scorsese-directed “Killers of the Flower Moon.”“Taylor Swift: The Eras Tour” was the top performing movie in the U.S. and Canada for the second weekend, grossing an estimated $31 million. That haul increased its domestic box office total to $129.8 million, AMC Theatres Distribution said.

Persons: Taylor, Alexandre Meneghini, Reuters Taylor, Martin Scorsese, ” “ Taylor Swift, ” Organizations: Reuters, AMC Locations: U.S, Canada

☆ Strong First Weekend for ‘Killers,’ but Taylor Swift Was Still No. 1
▼ + stars: | 2023-10-22 | by ( Nicole Sperling | More About Nicole Sperling | ) www.nytimes.com time to read: +1 min

Martin Scorsese’s “Killers of the Flower Moon,” opened this weekend in over 3,600 theaters to an estimated $23 million in the United States and Canada. “Killers” marks the largest theatrical release for Apple Studios, which will return to the box office at Thanksgiving with the Ridley Scott epic “Napoleon” and again in February with the spy caper “Argylle.”(Its strong showing didn’t get it bragging rights for this weekend’s box office. 1 spot for the second week in a row went to “Taylor Swift: The Eras Tour,” which cost $15 million. It earned an estimated $31 million for a total of $129.8 million — a boon for AMC Theatres Distribution’s first release.) Mr. Scorsese filmed the movie in Oklahoma and cast a number of Osage in the film.

Persons: Martin Scorsese’s, ”, Leonardo DiCaprio, DiCaprio, Robert De Niro, Ridley Scott, Napoleon ”, “ Taylor Swift, Scorsese Organizations: Apple Studios, AMC Theatres, Paramount Pictures, Osage Locations: United States, Canada, American, Oklahoma, Los Angeles , New York, San Francisco, Oklahoma City, Tulsa

☆ Taylor Swift film's box-office haul slips in final tally
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

AMC had projected on Sunday that the global total for "Taylor Swift: The Eras Tour" would reach $126 million to $130 million in sales for shows from Thursday through Sunday. Taylor Swift attends a premiere for Taylor Swift: The Eras Tour in Los Angeles, California, U.S., October 11, 2023. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsRoughly $92.8 million of the worldwide total came from the United States and Canada, AMC said, below the $95 million-plus predicted on Sunday. "The Eras Tour" still holds the record for the highest-grossing concert film in history. The previous record-holder, Justin Bieber's 2011 film "Never Say Never," collected $99 million worldwide over its entire run.

Persons: Taylor, Taylor Swift, Mario Anzuoni, Justin Bieber's, Lisa Richwine, Rod Nickel Organizations: AMC, REUTERS, Hollywood, Thomson Locations: Los Angeles , California, U.S, United States, Canada

☆ Taylor Swift gives the US economy another boost as "The Eras Tour" film breaks box-office records on its opening weekend
▼ + stars: | 2023-10-16 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

"Taylor Swift: The Eras Tour" broke a concert-film box-office record on its opening weekend. The movie pulled in $95 million to $97 million worth of ticket sales, AMC Theatres said. Swift’s tour has given the US economy a big boost in 2023, with even the Federal Reserve noticing its impact. "The Eras Tour" could also break records for the strongest October debut for any film. Its currently neck-and-neck with "Joker", which pulled in $96.2 million worth of ticket sales on its opening weekend back in 2019.

Persons: Taylor Swift, —, Justin Bieber's Organizations: AMC Theatres, Reserve, Service, Federal, Bloomberg Economics, AMC, Hollywood Locations: Philadelphia, Monday's premarket

☆ Box office hero: Taylor Swift concert film dominates at theaters
▼ + stars: | 2023-10-15 | by ( Lisa Richwine | ) www.reuters.com time to read: +4 min

LOS ANGELES, Oct 15 (Reuters) - Pop singer Taylor Swift ruled movie box offices over the weekend as her concert film transformed darkened theaters into dance floors and hauled in an estimated $126 million-plus around the world. Moviegoers dressed in concert T-shirts and sequins for screenings of "Taylor Swift: The Eras Tour." That would surpass the $73 million that Justin Bieber's 2011 release "Never Say Never," the current record holder for a concert film, collected over its entire run. "This is a superstar debut," Jeff Bock, senior box office analyst at Exhibitor Relations Co., said of Swift's film. Fans pass by an image of Taylor Swift as they enter a cinema to watch Taylor Swift's Eras Tour concert movie in Mexico City, Mexico October 13, 2023.

Persons: Taylor Swift, Justin Bieber's, Jeff Bock, Taylor, Alexandre Meneghini, Swift, Stephanie Gaudette, CinemaScore, Beyonce, Lisa Richwine, Bill Berkrot, Lisa Shumaker, Deepa Babington Organizations: Hollywood, AMC, Relations, REUTERS, Ticketmaster, Theatre, SoFi, Rotten, National Association of Theatre Owners, Thomson Locations: Brazil, South Korea, Malaysia, Mexico City, Mexico, Hollywood, Los Angeles

The unparalleled enthusiasm helped propel “Taylor Swift: The Eras Tour” to a massive, first place debut between $95 million and $97 million in North America, AMC Theatres said Sunday. The two superstars posed together at the premiere of “The Eras Tour” earlier this week in Los Angeles. Political Cartoons View All 1211 Images“The Eras Tour,” directed by Sam Wrench, is not just playing on AMC screens either. Elizabeth Frank, the executive vice president of worldwide programming and chief content officer for AMC Theatres, said in a statement that they are grateful to Taylor Swift. The concert film offered fans both better seats and a much more affordable way to see the show for the first or fifth time.

Persons: Swifties, “ Taylor Swift, It’s, Justin Bieber, showtimes, “, Swift, Beyoncé, ”, Sam Wrench, Elizabeth Frank, Taylor Swift, ” Frank, ‘ Taylor Swift Organizations: AMC Theatres, Star Wars, Southern, Hollywood, AMC, Trafalgar Locations: North America, United States, Los Angeles, Leawood , Kansas, U.S

☆ Taylor Swift concert film nabs over $95 million at domestic theaters
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +1 min

Fans pass by an image of Taylor Swift as they enter a cinema to watch Taylor Swift's Eras Tour concert movie in Mexico City, Mexico October 13, 2023. REUTERS/Alexandre Meneghini Acquire Licensing RightsLOS ANGELES, Oct 15 (Reuters) - Taylor Swift's movie of her Eras Tour concert dominated theaters over the weekend with $95 million to $97 million in U.S. and Canadian ticket sales, according to estimates from distributor AMC Theatres (AMC.N) on Sunday. The movie, called "Taylor Swift: The Eras Tour", set the record for a concert film, easily surpassing the $29.5 million collected by "Justin Bieber: Never Say Never" over its first three days in 2011. If current estimates hold, Swift's film will fall short of the most bullish projections from box office analysts, who had forecast a domestic opening of $100 million to $140 million. Swift said on Wednesday that she was adding extra showtimes and early screenings on Thursday to meet demand.

Persons: Taylor Swift, Taylor, Alexandre Meneghini, Justin Bieber, Swift, Lisa Richwine, Bill Berkrot, Lisa Shumaker Organizations: REUTERS, AMC, Thomson Locations: Mexico City, Mexico, Hollywood

☆ 'Look what you made me do': Taylor Swift attends film premiere, moves up release
▼ + stars: | 2023-10-12 | by ( Lisa Richwine | ) www.reuters.com time to read: +2 min

"Taylor Swift: The Eras Tour" was set to open in theaters worldwide on Friday, but high interest prompted Swift to add earlier screenings in some markets. "Look what you genuinely made me do: Due to unprecedented demand we're opening up early access showings of The Eras Tour Concert Film on THURSDAY in America and Canada!!" [1/5]Taylor Swift attends a premiere for Taylor Swift: The Eras Tour in Los Angeles, California, U.S., October 11, 2023. Inside the theater, Swift thanked fans for supporting the Eras Tour, which has sold out stadiums around the world. "I've never had this much fun in my life as I had at the Eras Tour," she said.

Persons: Taylor Swift, Swift, showtimes, Mario Anzuoni, Adam Sandler, Mariska Hargitay, Barbie, Simu Liu, Beyonce, I've, Lisa Richwine, Miral Organizations: AMC Theatre, REUTERS, AMC Theatres, Thomson Locations: America, Canada, Los Angeles, Los Angeles , California, U.S, United States

Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. In her next act, Swift is poised to lift another corner of the economy: a movie box office still trying to recover from the pandemic and Hollywood strikes. “Swift and Beyonce will certainly fill some of the gaps,” said Box Office Pro senior analyst Shawn Robbins. BLOCKBUSTER SALESAdvance sales for "Taylor Swift: The Eras Tour" are on pace with a Star Wars or Marvel blockbuster. “But there's no question that the Eras Tour with Taylor Swift has really launched that into a new atmosphere.

Persons: Taylor Swift, Andrew Kelly, Swift, Taylor, Beyonce, ”, Barbie ”, “ Oppenheimer, “ Swift, Shawn Robbins, “, it's, Hunter, “ We’ve, Rolando Rodriguez, Brock Bagby, Queen Bey, Bruce Nash, Nash, Riley, Eric Wold, Dawn Chnmielewski, Lisa Richwine, Kenneth Li, Mark Porter Organizations: Prudential Center, REUTERS, AMC Theatres, Hollywood, Pro, SAG, Marvel, National Association of Theatre Owners, B, ”, Wedbush Securities, Thomson Locations: Newark , New Jersey, U.S, United States, Canada, Missouri, Los Angeles, New York

☆ Taylor Swift's movie is a go amid the Hollywood actors' strike after she agreed to meet their demands — something major studios still haven't done
▼ + stars: | 2023-09-12 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Taylor Swift's Eras Tour movie was approved for an interim agreement through SAG-AFTRA. It also has the union stamp of approval: Swift was able to strike an interim agreement with SAG-AFTRA, the actors' union of which she's a member. "And so she fulfilled all the same criteria as anybody else and has an interim agreement for that production." AdvertisementAdvertisementRepresentatives for Swift and SAG-AFTRA did not immediately respond to Insider's request for comment on Swift's interim agreement. With her interim agreement in place, Swift will be able to promote the film without crossing any picket lines.

Persons: Taylor, Taylor Swift, Swift, that's, Duncan Crabtree, IndieWire, AFTRA, Crabtree, Jessica Chastain, Chastain, Jason Guerrasio Organizations: SAG, Service, Toronto, Alliance, Television Producers, AMC Theatres Locations: Wall, Silicon, Crabtree, Ireland

☆ Taylor Swift Eras Tour movie breaks presales records at AMC Theatres
▼ + stars: | 2023-09-01 | by ( Eva Rothenberg | ) edition.cnn.com time to read: 1 min

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☆ AMC Entertainment to effect 10:1 reverse split on Aug. 24
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Mario AnzuoniAug 14 (Reuters) - AMC Entertainment Holdings (AMC.N) said on Monday its 10-to-1 reverse stock split will take place on Aug. 24 and its preferred shares "APE" will be converted to common stock on Aug. 25. The common shares of the theatre chain operator fell 38% to $3.25 in premarket trading, while its preferred shares rose 18% to $2.09. AMC aims to increase its Class A common stock to 550 million from about 524 million, it said in a regulatory filing. The company would make a settlement payment of one Class A common stock for every 7.5 Class A shares to the entitled shareholders after the reverse stock split. AMC was sued in February for allegedly rigging a shareholder vote that would allow it to convert preferred stock to common stock and issue hundreds of millions of new shares.

Persons: Mario Anzuoni, Chavi Mehta, Arun Koyyur Organizations: AMC, REUTERS, AMC Entertainment Holdings, Thomson Locations: Burbank , California, U.S, Delaware, Bengaluru

The ruling sent the shares of the company's preferred stock soaring 27%. The company's common stock fell 27%. Under the approved class action settlement, AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. Without the proposed settlement, common stockholders and preferred shareholders would end up owning 34.28% and 65.72% of AMC, respectively. Under the proposed settlement, common stockholders and preferred shareholders would own 37.15% and 62.85%, respectively.

Persons: Brendan McDermid, Chancellor Morgan Zurn, Zurn, Tom Hals, Deepa Babington Organizations: AMC Theatre, REUTERS, AMC Entertainment Holdings, AMC, Delaware, AMC Entertainment Holdings Inc, Chancery, Thomson Locations: New York City, U.S, WILMINGTON , Delaware, Delaware, Wilmington , Delaware

☆ The US economy seems to be getting a boost from Hollywood - but Hollywood is missing out
▼ + stars: | 2023-08-11 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

Hollywood seems to be boosting the US economy, but its home state of California is being left out. But Hollywood strikes over the last 100 days have likely dealt a $3 billion blow to California. The rush of moviegoers has helped boost the US economy, with consumers showing they're willing to spend. A 100-day strike among writers and actors in Hollywood has likely dealt a $3 billion blow to California's economy so far, experts say. A dream for the US but a nightmare for California: Hollywood is having a double-edged effect on the nation.

Persons: Oppenheimer, Greta Gerwing's, Barbie, Todd Holmes, CNBC's Organizations: Hollywood, Service, AMC Theatres, Guild of America, SAG Locations: California, Wall, Silicon, Hollywood

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