Leonardo Munoz | View Press | Corbis News | Getty ImagesThe domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic.
AMC operates around 900 theaters and 10,000 screens globally, a larger footprint than its chief rivals Cinemark and Regal.
By the time the Covid pandemic shuttered theaters and shut down Hollywood, AMC was already $5 billion in the red.
Despite the better-than-expected box office performance, AMC saw a 12% decline in attendance during the period.
"They talked a lot about new investments and upgrading their theaters and expanding their premium screens, adding XL screens.
Persons:
Leonardo Munoz, Cinemark, it's, Adam Aron, they're, Eric Wold, Riley, Oppenheimer, Hugh Jackman, Ryan Reynolds, Wold, King, Sony's, Hunter, Aron, Lars Niki, Alicia Reese, Reese isn't, Eric Handler
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New York City, Hollywood, North America, Europe, U.S, Saudi Arabia, New York, Los Angeles, fanbases