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☆ Swimmer says he'll compete in Peter Thiel-backed Olympics for doped-up athletes and will 'juice to the gills' for $1 million prize
▼ + stars: | 2024-02-09 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

A retired swimmer has accepted an offer to compete in the Enhanced Games. He agreed to "juice to the gills" for a $1 million prize for beating a swimming record. The Enhanced Games, with the backing of Peter Thiel, wouldn't be subject to anti-doping rules. AdvertisementMagnussen said: "If they put up a $1 million for the 50-freestyle world record, I'll come on board as their first athlete." SEN EXCLUSIVE | @james_maggie91 agrees to compete in the @enhanced_games after founder agrees to a $1 million prize if he breaks a world record.

Persons: Peter Thiel, wouldn't, —, James Magnussen, Magnussen, he's, César, Aron D'Souza, it's, D'Souza, Sydney's SEN, SEN, @james_maggie91, Brandy SEN 1170AM, James Organizations: Service, Doping Agency Locations: Brandy SEN 1170AM Sydney

☆ The US strikes on Iran-linked militants seem to be working, but that likely won't last long
▼ + stars: | 2024-02-09 | by ( Paul Iddon | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But experts on the region say that Iran and its militant allies still have the arsenal and motivations to threaten the US. The US airstrikes on February 2 hit 85 targets in seven locations in Iraq and Syria, killing an estimated 40 militiamen . For militias like Kataib Hezbollah in Iraq, it’s to provoke US responses that increase opposition to the 2,500 US troops based in Iraq. “By responding to the attacks, the United States poisons its relationship with local allies and screws up its position in Iraq.

Persons: —, ” Michael Knights, Biden, Joe Biden, ” Joel Wing, Jesenia Landaverde, “, Aron Lund, they’re, They’re, ” Lund, “ They’ve, ” Nicholas Heras, ” Heras, it’s, ” Organizations: Service, Washington Institute, Business, Republican, Command, U.S . Air Force, 28th Bomb, Ellsworth Air Force Base, Staff, US Air Force, New Lines Institute, US, Coalition Locations: Iraq, Syria, Iran, U.S, S.D, United States, America, Baghdad, Lund, Gaza

☆ Peter Thiel invests in group to recreate the Olympics on steroids — literally
▼ + stars: | 2024-01-31 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Peter Thiel has invested in an effort to create an Olympic Games that welcomes doping. The PayPal cofounder was one of several investors named Wednesday in the Enhanced Games. AdvertisementPeter Thiel is backing an effort to create an Olympic Games that welcomes using performance-enhancing drugs. The Olympic Games bans the use of hundreds of medications and drugs, including categories like stimulants, anabolic agents, and hormone and metabolic modulators. Just this week, Russian figure skater Kamila Valieva was retroactively disqualified from the 2022 Beijing Olympic Games after the Court of Arbitration for Sport ruled she'd violated anti-doping rules.

Persons: Peter Thiel, —, Balaji Srinivasan, Aron D'Souza, Michael Sagner, Kamila Valieva Organizations: Games, PayPal, Service, Apeiron Investment Group, King's College London, Medical Advisory Commission, Olympic Games, Beijing Olympic Games, Sport Locations: Russian

☆ I'm a millennial DINK who's never having children. We know the consequences and it's not a selfish choice.
▼ + stars: | 2024-01-05 | by ( Isabelle Aron | ) www.businessinsider.com time to read: +6 min

We'd been together for about five months when we talked about whether he could live without having kids. AdvertisementJessica Lorimer and her husband Owen spend the money they save not having kids traveling to places like Thailand. It was nice to know that we're not the only ones who prioritize things in our lives besides having children. We've thought a lot about the consequences of having and not having children, but people still tell us we'll change our minds. When asked about having kids, we politely say it's not in our plan, but people have strong opinions.

Persons: Jess Lorimer, Lorimer, —, It's, I've, Owen, We'd, Jessica Lorimer, Jessica Lorimer He'd, I'd, we're, it's, we've Organizations: Service, Royce Locations: England, Winchester, Thailand, New Zealand, Toubkal, Morocco

☆ 7 signs you're a highly sensitive person — even if you're a chatty extrovert
▼ + stars: | 2023-11-29 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

Lyew identifies as a highly sensitive person or HSP, a term popularized by psychology researcher Elaine Aron. AdvertisementImi Lo , a mental health consultant who works with highly sensitive clients, said that more awareness of HSPs is important. You may have some sensory sensitivitiesHSPs "can be quite physically sensitive," Lo said, whether they're bothered by uncomfortable clothing, strong smells, or loud noises. Being put on the spot can also cause a highly sensitive person's mind to go blank. "If you know that you are highly sensitive, then you can actually do things to manage your sensitivity, and even use it as a strength," she said.

Persons: —, Sylina Lyew, Elaine Aron, Lyew, you've, Lo, they're, HSPs, Aron Organizations: Service

☆ Liverpool loses in Europa League after controversial VAR decision, as Jurgen Klopp left angered by press conference
▼ + stars: | 2023-11-10 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

The decision sent Stadium TFC into a frenzy, leaving Le Téfécé celebrating a famous win and Liverpool players incensed. I’m not even sure the ball touches the hand at all, but that’s how it is,” Liverpool manager Jurgen Klopp told TNT Sports after the match. Liverpool manager Jurgen Klopp was left frustrated by his team's performance. The night only got worse for Klopp, though, with the manager furious about the organization of his post-match press conference. That’s all I can say.”When asked about his decision to start Díaz against Toulouse, Klopp said: “We asked him, he wants to [play] and he will.”

Persons: Jarell, Georgi Kabakov, Alexis Mac Allister, Le, “, I’m, ”, Jurgen Klopp, Mac, Quansah’s, Thibault Camus, Klopp, it’s, Aron Dønnum, Thijs Dallinga, Cristian Cásseres Jr, Frank Magri, Liverpool’s Diogo Jota, Charly Triballeau, Luis Díaz’s, Luis Manuel Díaz, Cilenis Marulanda, Marulanda, Díaz, Luis Díaz, ” Klopp Organizations: CNN, Europa League, Toulouse, TFC, Liverpool, TNT Sports, Getty, Reds, National Liberation Army, United Nations, Catholic Church, Díaz Locations: Liverpool, Toulouse, ” Liverpool, ”, AFP, Colombian, Barrancas, Colombia, Valledupar

☆ Liverpool suffer shock loss at Toulouse
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

[1/5] Soccer Football - Europa League - Group E - Toulouse v Liverpool - Stadium Municipal de Toulouse, Toulouse, France - November 9, 2023 Toulouse's Aron Donnum celebrates scoring their first goal with teammates REUTERS/Stephane Mahe Acquire Licensing RightsTOULOUSE, France, Nov 9 (Reuters) - Liverpool suffered a dramatic 3-2 loss at French side Toulouse in Europa League Group E on Thursday after the English side had a potential equaliser ruled out in the final minute of added time. Liverpool pulled one back in the 73th minute through an own goal from Cristian Casseres, but Frank Magri restored the hosts' two-goal advantage three minutes later, slotting home a deflected cross from close range. Diogo Jota gave the Premier League side hope when he dribbled into the box and placed the ball into the bottom corner. Liverpool remained top of Group E, two points ahead of Toulouse. Reporting by Tommy Lund in Gdansk, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Toulouse's Aron Donnum, Stephane Mahe, Aron Donnum, Thjis Dallinga, Cristian Casseres, Frank Magri, Diogo Jota, Quansah, Alexis Mac Allister, Tommy Lund, Ed Osmond Organizations: Soccer, Europa League, Liverpool, de Toulouse, Rights, French, Toulouse, Premier League, Thomson Locations: Toulouse, France, Rights TOULOUSE, Gdansk

☆ 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

☆ Pro Take: Companies Emphasize Rapid Return on AI, Tech Investments
▼ + stars: | 2023-11-03 | by ( Steven Rosenbush | ) www.wsj.com time to read: 1 min

Dave Aron, a vice president and fellow in Gartner’s CIO research group, speaks to CIOs at the Gartner IT Symposium/Xpo last month. Photo: Steven Rosenbush/The Wall Street JournalCompanies are placing emphasis on driving a rapid return on their investments in AI and other technologies. Uncertainty across a range of fronts—financial, economic, technological and geopolitical—makes timely return on investment , always a priority, even more important for many companies.

Persons: Dave Aron, CIOs, Steven Rosenbush Organizations: Gartner, Street Journal

☆ Opinion | Seeing the Big Picture in Two Big Wars
▼ + stars: | 2023-11-02 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +9 min

Step back far enough, and you can see exactly what is driving so much geopolitics today: Ukraine is trying to join the West. Or they would have agreed to Lend-Lease assistance for the allies only if President Franklin Roosevelt would eliminate the I.R.S. That’s why today America must help Israel and Ukraine to blunt the Russia-Iran axis in their theaters. But the morning after their wars, Israel and Ukraine are going to have to face some very hard choices. Because while we may write big checks to both today, they will not be blank checks.

Persons: Mike Johnson, Biden, Johnson, Franklin Roosevelt, G.O.P, Vladimir Putin, Putin, Ayatollah Ali Khamenei, Leon Aron, Vladimir Putin’s, “, ”, gunning, ” Aron, Israel, Donald Trump, —, Benjamin Netanyahu Organizations: Internal Revenue, Lease, Fox News, NATO, European, Palestinian Authority, “, West Bank, Hamas, Putin, Iran’s, U.S, Patriot, Republicans, Palestinian, European Union Locations: Ukraine, West, Israel, Russia, Iran, cheaters, Europe, Saudi Arabia, Saudi, Tehran, Moscow, Vladimir Putin’s Russia, Belarus, Indonesia, Malaysia, Pakistan, Gaza, It’s, Kyiv, Gaza City, U.S, Ramallah, America

☆ There's one thing Taylor Swift isn't talking about
▼ + stars: | 2023-11-01 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Taylor Swift is officially a billionaire, thanks in part to her lucrative Eras tour. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. There's one thing she's not showing off — or at least not directly: How much money all this is making her. Swift has been through many eras, but her reputation has always been one of relatability. Through her tour, Swift has earned hundreds of millions of dollars on a show for which tickets at face value cost an average $254 in the US — more than double the average concert ticket price of $120, according to Pollstar .

Persons: Taylor Swift, Swift hasn't, —, Taylor Swift's, she's, Travis Kelce, Swift, Jay, Kylie Jenner, — Swift hasn't, Pollstar, hasn't, Adam Aron Organizations: Service, Bloomberg, Forbes, Big

☆ A doping free-for-all Enhanced Games calls itself the answer to doping in sports. Opponents say it poses a danger to health
▼ + stars: | 2023-10-30 | by ( Molly Stazicker | ) edition.cnn.com time to read: +23 min

The Enhanced Games is the brainchild of businessman Aron D’Souza. Aron D'Souza is the founder of the Enhanced Games. But that isn’t the only potential legal jeopardy the Enhanced Games faces, according to American lawyer Jim Walden, who represents Russian whistleblower Grigory Rodchenkov. “If you look at the Enhanced Games website, it’s almost as though they’re advertising their disregard of the law,” Walden told CNN Sport. If it goes ahead as planned in December 2024, D’Souza insists that the Enhanced Games will unlock the potential of humanity.

Persons: Dr, Grigory Rodchenkov, –, Rodchenkov, Oscar, Aron D’Souza, ”, D’Souza, “, Raphael Faiss, Faiss, WADA, they’re, Aron D'Souza, ” WADA, Travis Tygart, Jim Walden, ” Walden, Alex Wong, ” Rodchenkov, USADA’s Tygart, ” D’Souza, he’d, “ They’re, Ben Johnson, Johnson, Mike Powell, Pierre de Coubertin –, Ben Johnson –, Eugene, Simona Halep, – Faiss, CNN Roxadustat, Michele Verroken, ” Verroken, Verroken, Hamish Coffey, ’, Brett Fraser, ” Fraser, “ I’ve, I’ll, Jess Ennis, Hill, CNN D’Souza, Trevor Painter, ” Painter, John William Devine, ” Devine, don’t, Martial Saugy Organizations: CNN, Olympics, ”, Testing Agency, ITA, International Olympic Committee, Olympic Games, IOC, CNN Sport, Netflix, Doping Agency, Research, University of Lausanne, United, United States Anti, US Drug Enforcement Administration, FBI, Sports, Gaming Initiative, “, Games, Seoul, London Games, Bettmann, Athletics Integrity Unit, National Institutes of Health, Sporting Integrity, Australian Olympic, Olympic, United States Patent, Sciences, Swansea University Locations: Paris, United States, Seoul, South Korea, Eugene , Oregon, Cayman Islands, Tokyo, Wales

☆ AMC's CEO thought he was texting naughty photos to a former ballerina fling. Then everything went haywire.
▼ + stars: | 2023-10-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +11 min

This "resentment toward her abusers" may have led her to text Aron — a wealthy, powerful man in the public eye, her lawyers said. "Send me a naughty picture," Blackwood texted, a couple weeks into their flirty exchange. When he asked for photos in return, Blackwood sent him images of an unnamed Russian model that she pulled from Instagram. "Ceo scandal is apparently lucrative," Blackwood texted, posing as Brian. AdvertisementAdvertisement"I was shown some images and I was wondering if you're available to speak," the fake reporter texted Aron.

Persons: Adam Aron's, Mia, Aron, Sakoya Blackwood, Adam Aron, Matthew Belloni, Blackwood, She'd, Evander, —, Aron —, paramour, Koya Blackwood Fews, Lila Cohen, Brian, Blackwood texted, he'd, they'd, Brian —, He'd, Brian didn't, there's, he's, abt, Aron didn't, Blackwood didn't, texted Aron, hadn't, Jeff Bezos, Bezos, fiancée Lauren Sanchez —, Aron hasn't, hasn't, Taylor, unfazed, He's Organizations: of, United States, Court Southern District of, Hollywood, AMC, Evander Childs High School, —, Instagram, Arizona, National Enquirer, ppl, FBI, Twitter, Amazon Locations: Southern, of New York, Court Southern District of New York, Bronx, Jamaica, Russian, York City, California, Sinai, Aron

☆ AMC Entertainment CEO Adam Aron Says He Was Victim of Blackmail Plot
▼ + stars: | 2023-10-12 | by ( Will Feuer | Joseph Pisani | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/amc-entertainment-ceo-adam-aron-says-he-was-victim-of-blackmail-plot-8180abbd

Persons: Dow Jones, adam, aron Organizations: amc

☆ AMC CEO says he was the victim of an extortion plot
▼ + stars: | 2023-10-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Adam Aron, the CEO of AMC Entertainment, admitted Thursday that he was a “victim of an elaborate criminal extortion” plot. On X, Aron continued that following a “vigorous federal criminal investigation,” the perpetrator was convicted this past summer. He also said that the incident was “entirely a personal matter” and that he informed the AMC’s board of directors, as well as reviewed the events with an independent outside counsel. Aron said that the “matter is closed,” and he remains the CEO of AMC. AMC’s board of directors said in a statement to CNN that it had “determined it was a personal matter, and considers the issue resolved.”

Persons: New York CNN — Adam Aron, “, Aron, Semafor, of New York, Sakoya Blackwood, wasn’t, Thursday’s, Blackwood, ” Organizations: New, New York CNN, AMC Entertainment, US, Office, Southern, of, CNN, AMC Locations: New York, of New

☆ Movie theater giant AMC's boss Adam Aron revealed as the mystery CEO who fell victim to a catfish blackmail scheme he called an 'elaborate criminal extortion'
▼ + stars: | 2023-10-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

A woman was last year indicted after catfishing an anonymous CEO and threatening to release sexually explicit photos. Semafor reported Thursday that the CEO was Adam Aron, boss of movie theater giant AMC. Aron confirmed the report in a post on X, saying he was "the victim of an elaborate criminal extortion." Soon after Semafor reported that Aron was the victim in the case, he confirmed the news in a post on X. The following day, Blackwood then asked him to send sexually explicit photos, and he complied — including sending one of him with another woman — prosecutors said.

Persons: Semafor, Adam Aron, Aron, —, Blackwood, Mia Organizations: AMC, Service, Prosecutors, of New York Locations: Southern

☆ AMC CEO identified as victim of an online blackmail attempt last year
▼ + stars: | 2023-10-12 | by ( Drew Richardson | ) www.cnbc.com time to read: +1 min

Adam Aron, chairman and CEO of AMC Entertainment, listens during the Milken Institute Global Conference in Beverly Hills, California, on Oct. 18, 2021. AMC CEO Adam Aron confirmed Thursday he was the victim of a blackmail attempt by a New York woman last year. The case had been previously publicized, identifying the victim in legal documents only as a CEO of a publicly traded company. The New York woman behind the blackmail attempt, Sakoya Blackwood, pretended to be a former romantic partner of Aron using an anonymous online account beginning in March 2022. "This indeed was entirely a personal matter, and the matter is closed," Aron said.

Persons: Adam Aron, Aron, Sakoya Blackwood, Blackwood, AMC's Organizations: AMC Entertainment, Milken Institute Global Conference, AMC Locations: Beverly Hills , California, New York, York, Manhattan

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, ”

☆ Movie theater shares pop after writers, studios reach tentative labor deal
▼ + stars: | 2023-09-25 | by ( Drew Richardson | ) www.cnbc.com time to read: +3 min

Movie theater shares popped Monday following news of a tentative labor deal between the Writers Guild of America and the Alliance of Motion Picture and Television Producers. Extremely good news that progress is being made," AMC CEO Adam Aron said Sunday in a post on X, the site formerly known as Twitter. Shares of AMC were up roughly 7% Monday. The Screen Actors Guild – American Federation of Television and Radio Artists is still on strike after failure to reach a labor agreement with AMPTP. The summer season saw a 19% year-over-year increase, due in large part to the success of "Barbie" and "Oppenheimer."

Persons: Adam Aron, it's, Kraven, Hunter, Oppenheimer, Eric Wold, AFTRA, — CNBC's Sarah Whitten Organizations: AMC, Regal Cinemas, Writers Guild of America, Alliance, Television Producers, Twitter, Disney, Comcast, Warner Bros, Discovery, Hollywood, – American Federation of Television, Radio Artists, AMPTP, SAG, Riley Securities, WGA, Netflix, CNBC Locations: Square , New York, NBCUniversal

☆ The meme stock mania is now a movie. Here's what has happened to GameStop and AMC
▼ + stars: | 2023-09-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

There's Anthony Ramos' Marcus, a GameStop cashier, being lectured by his parents that this stock trading thing isn't real. Reddit versus Wall StreetMany social media traders discussed the meme stock moment in David vs Goliath terms — the retail traders versus the hedge funds. Several brokerages limited trading in meme stocks at the height of the meme stock mania. In the second quarter of 2019, before the meme stock mania began, the company generated about $1.3 billion in net sales. The AMC stock sales have diluted the holdings of individual shareholders, and the market cap of AMC is still down more than 50% from its peak.

Persons: Pete Davidson, Paul Dano's Keith Gill, Kitty, There's Anthony Ramos, Marcus, Jenny, hasn't, David, Gabe Plotkin, Seth Rogen, Capital, Robinhood, Chewy, Ryan Cohen, Matthew Furlong, shakeups, Adam Aron, Plotkin Organizations: Sony Pictures Entertainment, GameStop, YouTube, Ferrari, AMC Entertainment, AMC, SEC, Amazon, Wall Street titans, Charlotte Hornets

☆ AMC stock sinks, preferred units climb after conversion settlement
▼ + stars: | 2023-08-14 | by ( Medha Singh | ) www.reuters.com time to read: +3 min

The common shares dropped to $3.45, levels just before the meme stock mania of January 2021 when retail traders hyped up the stock on online forums like Reddit. The preferred stock units called "APE" , which trade at a significant discount to common shares, jumped 15% to $2.05. Under the settlement, AMC will provide stock worth an estimated $129 million to common shareholders to settle potential legal claims related to a stock conversion plan. Wedbush analysts said they expect AMC and APE shares to converge around $3 per share before the conversion. Aron said the company has raised $418 million in cash through the sale of "APE" units over the past 12 months.

Persons: Adam Aron, David Swanson, Thomas Hayes, Aron, JJ Kinahan, Medha Singh, Akash Sriram, Saumyadeb Chakrabarty Organizations: AMC Entertainment, Milken, Global Conference, REUTERS, AMC, Great, Great Hill Capital, Twitter, IG North America, Thomson Locations: Beverly Hills , California, U.S, Great Hill, New York, Bengaluru

☆ 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 sees 'explosive start' to third quarter on 'Barbenheimer' frenzy
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +2 min

Times Square characters who pose for photos for money walk past an AMC theatre in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File PhotoAug 8 (Reuters) - Movie theater chain AMC Entertainment Holdings (AMC.N) said the current quarter was off to a strong start driven by box-office hits such as "Barbie" and "Oppenheimer", after beating second-quarter revenue estimates on Tuesday. AMC's second-quarter revenue rose 15.6% to $1.35 billion, compared with analysts' estimates of $1.29 billion, according to Refinitiv data. The company reported a profit of 1 cent per share, compared with a loss of 12 cents per share, a year earlier. "AMC's glide path to eventual recovery continued with significant pace in the second quarter of 2023 as our results set new records and represent AMC's strongest second quarter in four full years," Aron said.

Persons: Carlo Allegri, Barbie, Oppenheimer, Adam Aron, AMC's, Aron, Samrhitha, Shounak Dasgupta Organizations: AMC, REUTERS, AMC Entertainment Holdings, Thomson Locations: Manhattan, New York City , New York, U.S, Bengaluru

☆ 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

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