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☆ 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

☆ You won't have to pay extra for a good seat for Barbenheimer. AMC is ditching its controversial plan to charge more for movie theater seats with the best view.
▼ + stars: | 2023-07-21 | by ( Gabriel Rivera | ) www.businessinsider.com time to read: +4 min

AMC Theatres isn't going ahead with its plan to charge more for the best seats at the movie theater. After trials at select locations, the chain scrapped the plan to ensure "its ticket prices stay competitive." AMC's unpopular tiered-pricing plan would have raised costs for middle seats and charged less for seats in the front row. The US box office dropped from $11.3 billion in 2019 to just $7.3 billion in 2022, according to Box Office Mojo. The domestic box office has grossed just over $5 billion in 2023 to date, per Box Office Mojo.

Persons: Oppenheimer, Adam Aron Organizations: AMC, AMC Theatres, Office, National Association of Theater, Regal Cinemas, National Association of Theater Owners, CNBC Locations: Canada

☆ How Barbie made a surprising comeback
▼ + stars: | 2023-07-14 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +4 min

And now she is getting new life in “Barbie” the movie, distributed by CNN’s parent company Warner Bros. And at HomBom Toys in New York City, ‘movie Barbie’ is sold out. I thought of every child who played with a Barbie doll as my child. She’s thrilled to see Barbie break out of Barbie Land and out of her heels, a sign Barbie may be keeping up with the times. And that introduced a lot of fun and introduced I think people into the world of Barbie that hadn’t been there before,” she said.

Persons: Barbara Millicent Roberts ”, — Barbie —, Barbie, “ Barbie, Margot Robbie, ’ ”, Ricard Dickson, Mattel, There’s, ”, Katie Mancini, Landor, Landor & Fitch, Ken, they’ve, Oppenheimer, ’, Ilene Gayer, “, Patty Steffen, Fort, She’s, Barbie Carol Sanger, she’s, Sanger, Barbies, hadn’t Organizations: CNN, Mattel, Warner Bros ., Landor &, AMC, Barbies Locations: New York City, Fort Wayne , Indiana, Los Angeles

☆ 8 Disney classics are coming back to movie theaters: Here's when you can watch 'Toy Story' 'Pirates' and more
▼ + stars: | 2023-07-05 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

In celebration of the House of Mouse's 100th anniversary, Disney is re-releasing eight classic films back into theaters, some of which haven't seen the big screen in decades. The lone live action film on the slate is 2003's "Pirates of the Caribbean: The Curse of the Black Pearl." "Pirates," based on the popular Disney World ride, will lead into the release of another film based on one of Disney's theme park attractions, "Haunted Mansion." "And certainly, it doesn't hurt to have a lot of Disney branded content out there ahead of the release of their other films." These are all the films that Disney is re-releasing.

Persons: haven't, Paul Dergarabedian Organizations: Disney, Pixar, Pirates, AMC, CNBC Locations: Caribbean

☆ Fact Check-CNBC did not publish article linking U.S. movie theatre group AMC to Silicon Valley Bank collapse
▼ + stars: | 2023-03-15 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Social media users are sharing a screenshot of a purported CNBC report that links U.S. movie theater chain AMC Entertainment Holdings Inc to the Silicon Valley Bank (SVB) collapse, but the CNBC report is fabricated. There is no record of the alleged article on the CNBC website and a spokesperson for CNBC told Reuters that it had never published such a report. Differences between the alleged article shared on social media and a real article by Macheel can be seen in this comparison, with the fake article on the left and the authentic one on the right (imgur.com/a/QYUbddc). There is no record of the fabricated article on the CNBC website and a CNBC spokesperson outlet told Reuters that it had never published such a report. Read more about our work to fact-check social media posts (here).

☆ AMC to sell movie theater popcorn exclusively at Walmart in latest attempt to make up for decline in customers
▼ + stars: | 2023-03-02 | by ( Ben Tobin | ) www.businessinsider.com time to read: +2 min

AMC is going to sell 6 varieties of movie theater popcorn in Walmart starting on March 11. Prices will range from $3.98 for a ready-to-eat bag to $4.98 for a six pack of microwavable popcorn. AMC Entertainment, the largest movie theater chain in the world, announced this week that it will soon sell a new line of microwavable and ready-to-eat popcorn exclusively at Walmart. Starting on March 11 Walmart customers can have their choice of six different varieties of AMC popcorn — extra butter, classic butter, or lightly salted, in popped or kernel form. Meanwhile, the ready-to-eat popcorn bags will cost $3.98, per AMC.

☆ Regal Cinemas owner says shareholders could be wiped out after a lack of successful takeover offers
▼ + stars: | 2023-02-24 | by ( Carla Mozée | ) www.businessinsider.com time to read: +2 min

Cineworld, the owner of Regal Cinemas, said Friday its shareholders may be wiped out. The warning comes as the company hasn't landed an all-cash bid to take over the entire business. Shares of Cineworld sank on Friday in UK and US trading. On Friday, shares of Cineworld sank 43% to £2.25 ($2.69) in trade on the London Stock Exchange on Friday. Regal Cinemas had about 500 locations in the US.

☆ Stakeholder Labs sees an opportunity helping companies convert customers into shareholders. Here's how the fintech backed by a Reddit cofounder plans to do it.
▼ + stars: | 2023-02-16 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

Stakeholder Labs helps businesses identify and engage with retail investors. Stakeholder Labs provides plug-in software that verifies a company's shareholders and measures customer behavior with a goal of driving long-term loyalty. "Not trying to convert that customer into a shareholder is the biggest missed opportunity," Max Goldstein, head of marketing and shareholder experience at Stakeholder Labs, added. Stakeholder Lab's software, called Roundtable, is integrated directly into a company's website or app, allowing customers to self-identify as a shareholder. Stakeholder Labs customers range from small to mid-sized publicly traded companies that tend to be more agile and willing to try new technologies.

☆ This fintech helping companies engage and build loyalty with retail investors just nabbed funding from Alexis Ohanian's Seven Seven Six
▼ + stars: | 2023-02-14 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

Stakeholder Labs helps businesses identify and engage with retail investors. CEO and cofounder Matt Joanou observed the untapped potential of retail investors while at Reddit. This startup wants to help companies engage with their retail investors, and it just got backing from an investor well-versed in building active communities. Stakeholder Labs provides plug-in software that verifies a company's shareholders and measures customer behavior with a goal of driving long-term loyalty. Stakeholder Lab's software, called Roundtable, is integrated directly into a company's website or app, allowing customers to self-identify as a shareholder.

☆ AMC Theatres shouldn't be charging more for the best seats — it should be getting rid of the empty ones
▼ + stars: | 2023-02-11 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

AMC Theatres announced this week that it would charge more for the best seats in its auditoriums. Here's what it looks like on the AMC Theatres website for a screening at a New York City location:What the new seat pricing looks like on the AMC Theatres website. "This new initiative by AMC Theatres would essentially penalize people for lower income and reward for higher income." AMC's seat-pricing plan isn't going to help the theatrical business. Patrick Corcoran, spokesman for the National Association of Theatre Owners, told Insider in September.

☆ You'll have to pay more to see a movie at an AMC Theatre if you want prime seating
▼ + stars: | 2023-02-06 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

It's the latest evolution in variable pricing at movie theaters. AMC Theatres, the largest theater chain in the world, announced new pricing variations for seating on Monday in an imitative called Sightline at AMC. The variable pricing is for any showtime after 4 pm, and doesn't apply to "Discount Tuesdays," AMC said. Here's the catch: Value Sightline is only available for members of AMC's subscription program, AMC Stubs A-List. But it's also the latest evolution of variable pricing at movie theaters — which has until now been more focused on charging different prices based on the movie or format, and not necessarily on seat location.

☆ AMC Theatres is changing the way it prices movie tickets—here's how it will work
▼ + stars: | 2023-02-06 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

AMC Theatres, the nation's largest movie theater chain, has announced plans to change the way that it prices tickets. The company on Monday revealed a new initiative called "Sightline at AMC," which will eliminate the one-price-fits-all approach to selling tickets. Under the new model, AMC will divide up an auditorium's seats into "Standard Sightline," "Value Sightline" and "Preferred Sightline" tiers. The "standard" seats, which AMC identifies as "the most common in auditoriums" will be available for the normal price of a ticket. "Value" seats, meanwhile, are identified as those in the front row, and will be sold "at a lower price" than the normal ticket cost.

☆ Your local Regal theater could be saved, as the company looks for a buyer amid bankruptcy
▼ + stars: | 2023-01-26 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

Cineworld is looking to sell its remaining US-based Regal locations, it said in a filing this week. The company has reached out to 30 potential buyers, including many competitors. Locations that have already been closed will not be part of the sale, a Cineworld lawyer told Insider. Those assets include US-based Regal theater locations. Cineworld said in the filing that it has reached out to 30 potential buyers, including "many" of its competitors.

☆ Hollywood had a weird year. Here's what it should learn for 2023 and beyond.
▼ + stars: | 2022-12-27 | by ( Travis Clark | ) www.businessinsider.com time to read: +5 min

Hollywood and movie theaters can learn a lot from hits like "Top Gun: Maverick" and others. Still, looking at what has been released can teach Hollywood some lessons for the coming year and beyond. In 2020 and 2021, Disney had released Pixar movies straight to Disney+, so maybe families have been trained to wait to watch Disney animated films at home. A recalibration of its strategy — keeping movies in theaters longer — could be needed to make moviegoing more appealing. It cost just $15 million to make and earned $85 million globally, $62 million of which was in the US.

☆ AMC and Zoom want you to take your next work meeting on the big screen
▼ + stars: | 2022-11-10 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Zoom, the popular video conferencing service, along with AMC Theatres announced this week that they are partnering in an effort to bring conference calls to the big screen. The partnership with the nation's largest theater chain, dubbed "Zoom Rooms at AMC," will see AMC turn its movie screens into videoconferencing displays for audiences ranging in size from 75 to 150, AMC said in an announcement. AMC says that it will also offer "additional services including food and beverage offerings, possible movie viewings, and concierge-style personalized handling of meeting needs" to customers "at an added cost." AMC and Zoom did not immediately give an indication of how the offerings would be priced. The companies said they plan to launch Zoom Rooms in "up to 17 major US markets sometime in 2023."

☆ AMC is trying to fill some empty movie theaters with Zoom meetings
▼ + stars: | 2022-11-08 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Call it an odd pairing: AMC and Zoom are teaming up to turn some movie theaters into huge meeting rooms. Starting next year, the movie theater chain will launch "Zoom Rooms" in as many as 17 cities across the US. AMC and Zoom announced Monday that they're teaming up to turn some movie theaters into huge meeting rooms. Starting sometime in 2023, they'll bring what they call "Zoom Rooms" to AMC theaters in as many as 17 cities in the US. Zoom Rooms at AMC broadens our scope, as we now can participate as well in the multi-billion market for corporate and other meetings."

☆ AMC CEO Adam Aron asks if he should lead the movement to urge a four-day workweek in the US
▼ + stars: | 2022-09-27 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +3 min

AMC CEO Adam Aron recently floated the idea of a four-day workweek on his Twitter. "Should I be out front urging a 4-day U.S. work week?," AMC Theatres CEO Adam Aron asked in one of two polls recently posted on Twitter. In his first poll, posted on Sept. 22, Aron asked Twitter users for their thoughts on four-day workweeks. In another post the same day, Aron's polled Twitter users on whether he should be a leading voice advocating for shorter workweeks. More than 70 companies in the UK recently started four-day workweek trials in June, Insider reported.

☆ Meme-stocks AMC and GameStop round out the top 10 companies held by Robinhood users
▼ + stars: | 2022-09-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

AMC Entertainment and GameStop made the top 10 list of stocks most commonly held by Robinhood users. The zero-commission brokerage unveiled its investor index last week, which tracks a portfolio of the 100 most popular stocks held by Robinhood users. That data is now available after Robinhood unveiled its Robinhood Investor Index, a portfolio meant to track the 100 most popular holdings on its platform. The proportional weighting means a Robinhood user's $1 million portfolio has the same influence as another users $1,000 portfolio. From meme-stocks to electric vehicles, these are the top 10 stocks held by Robinhood's userbase as of September 1.

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