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☆ A look at Taylor Swift’s economic power ahead of ‘The Tortured Poets Department’ release
▼ + stars: | 2024-04-18 | by ( Bryan Mena | ) edition.cnn.com time to read: +11 min

The commercially successful ‘Eras’ tourThe Eras tour was massively successful in 2023 and it’ll stretch through the end of this year. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift performs during the "Evermore" section of the show in Sydney in February 2024. John Shearer/TAS23/Getty Images Fans apply jewels on their way to Swift's show in Foxborough, Massachusetts, in May 2023. John Shearer/TAS23/Getty Images In pictures: Taylor Swift's 'Eras Tour' Prev NextShe is a generous boss, too, awarding $100,000 bonuses to Eras Tour truck drivers during the summer.

Persons: Washington CNN — Taylor Swift, Swift, It’ll, ” Armen Shaomian, StubHub, “, “ Taylor Swift, hasn’t, SeatGeek, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, Bob Levey, TAS23, Christopher Polk, Allen J, Taylor, ”, that’s, That’s, doesn’t, Barack Obama, Angela Merkel, Pope Francis, ” Swift Organizations: Washington CNN, Poets Department, Fortune, University of South, CNN, Swift City, Pittsburgh, MetLife Stadium, New York Times, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Penske Media, Los Angeles Times, Federal Reserve, ” AMC Locations: University of South Carolina, North America, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Nashville, Tampa , Florida, Mexico City, Kansas City , Missouri, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Coney, Houston, Inglewood , California, Cincinnati, United States, Canada, AMC’s

☆ Taylor Swift's Eras tour movie brought in about $96 million at the box office
▼ + stars: | 2023-10-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +5 min

In its opening weekend, the pop singer’s concert film, “Taylor Swift: The Eras Tour,” raked in between $95 and $97 million in the box office in the United States and Canada, movie theater chain AMC said Sunday. “I thought I had seen everything with the Barbenheimer phenomenon,” said Paul Dergarabedian, senior media analyst at Comscore, which tracks box office numbers. Teenagers trade bracelets while waiting for the beginning of Taylor Swift's Eras Tour concert movie in a cinema in Mexico City, Mexico October 13, 2023. Discovery, and “Oppenheimer.” Together, the two hits brought in nearly $2.4 billion in global box office sales this year, according to tracking site Box Office Mojo. Barbenheimer and Swift’s concert film “puts movie theaters at the epicenter of the culture as the hub of cultural influence,” said Dergarabedian.

Persons: New York CNN — Taylor Swift, “ Taylor Swift, ”, “ Justin Bieber, ” Elizabeth Frank, Taylor Swift, Chris Day, Swift, Swiftie Clara, seismologist, Sam Wrench, Taylor, Paul Dergarabedian, ” Swift, Alexandre Meneghini, Beyoncé, “ Barbie, “ Oppenheimer, Michael O’Leary, “ Organizations: New, New York CNN, AMC, USA, Ticketmaster, ” AMC, it’s, Twitter, Warner Bros, National Association of Theater Owners, CNN Locations: New York, United States, Canada, Memphis, Tenn, Santa Clara, Northern California, Seattle, Los Angeles, AMC’s, Mexico City, Mexico, The

☆ 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

☆ 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

☆ AMC Networks Plans Layoffs as CEO Christina Spade Exits
▼ + stars: | 2022-11-29 | by ( Jessica Toonkel | Will Feuer | ) www.wsj.com time to read: 1 min

Christina Spade, who departed AMC Networks as CEO on Tuesday, is set to receive more than $10 million in severance. AMC Networks Inc. is planning large-scale layoffs, according to a staff memo from its chairman, a sign of further disruption at a company that earlier Tuesday announced its chief executive had stepped down. “We of course realize that this will cause significant concern and anxiety for our employees and those who rely on AMC Networks for their livelihood,” AMC Chairman James Dolan said in the memo which was reviewed by The Wall Street Journal. “We do not take this lightly. We will take every step possible to minimize the impact of these actions on our community.”

☆ AMC Networks Plans Layoffs as CEO Christina Spade Steps Down
▼ + stars: | 2022-11-29 | by ( Jessica Toonkel | Will Feuer | ) www.wsj.com time to read: 1 min

Christina Spade, who exited AMC Networks on Tuesday, is set to receive more than $10 million in severance. AMC Networks Inc. is planning large-scale layoffs, according to a staff memo from the entertainment company’s chairman, a sign of further disruption at a company that earlier Tuesday announced its chief executive had stepped down. “We of course realize that this will cause significant concern and anxiety for our employees and those who rely on AMC Networks for their livelihood,” AMC Chairman James Dolan said in the memo. “We do not take this lightly. We will take every step possible to minimize the impact of these actions on our community.”

☆ AMC Networks to Lay Off 20% of U.S. Workers as CEO Christina Spade Exits
▼ + stars: | 2022-11-29 | by ( Jessica Toonkel | Will Feuer | ) www.wsj.com time to read: 1 min

AMC Networks Inc. said it is planning to lay off about 20% of its U.S. employees, a sign of further disruption at a company that earlier Tuesday announced its chief executive had stepped down less than three months after taking the reins. “We have determined we need to conserve resources at this time,” the entertainment company said Tuesday. “This will involve cutbacks in operations which unfortunately includes a large-scale layoff, impacting approximately 20% of our employees in the U.S.” AMC said it has about 1,000 U.S. employees.

☆ 'Interview With the Vampire' review: AMC pumps fresh blood into Anne Rice's story
▼ + stars: | 2022-09-30 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

Desperate to replace “The Walking Dead,” AMC might have completed an improbable baton pass from zombies to another kind of undead. In that sense, this seems to have been produced at least as much with AMC+ in mind as the linear network AMC. Sam Reid as Lestat Du Lioncourt and Jacob Anderson as Louis De Pointe Du Lac in "Interview with the Vampire." “Anne Rice’s Interview With the Vampire” premieres October 2 at 10 p.m. ET on AMC and AMC+.

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