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AMC Entertainment posts revenue decline due to fewer big releases
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: +1 min
An AMC theater is pictured in Times Square in the Manhattan borough of New York City. AMC Entertainment on Wednesday reported a fall in third-quarter revenue and saw a decline in attendance at its theater chain, hurt by fewer blockbuster releases from Hollywood studios. Revenue for the third quarter stood at $1.35 billion, down 4.1% from $1.41 billion, a year ago. Analysts expected revenue of $1.33 billion, according to data compiled by LSEG. AMC reported a net loss of $20.7 million for the quarter ended Sept. 30, compared to net earnings of $12.3 million, a year ago.
Persons: Adam Aron Organizations: AMC, AMC Entertainment, Hollywood, Revenue, LSEG Locations: Manhattan, New York City, , Kansas
But multiplex owners are hoping that “Wicked” and “Gladiator II” achieve something close as the pink-and-green musical and the Colosseum-set action epic land in theaters on Nov. 22. “The industry is looking at ‘Wicked,’ ‘Gladiator II’ and ‘Moana 2’ as a Holy Trinity of moviegoing,” says Robbins. Overall domestic box office revenues are down more than 11% from 2023 and nearly 27% from 2019, according to Comscore. Newer attempts like Steven Spielberg’s “West Side Story” remake, Chu’s “In the Heights,” “Dear Evan Hansen,” “Cats” and “The Color Purple” all fizzled at the box office despite being based on popular productions. “Gladiator II,” too, must prove to audiences there’s a reason to return to the arena a quarter century after the first film became a Colosseum-sized blockbuster.
Persons: Wesley Snipes, ” There’s, Barbie ”, “ Oppenheimer, ’ ”, Shawn Robbins, , King, , , Robbins, , Chris Aronson, “ Ralph, Grindelwald, Thanksgivings, Marvel’s, Chris Randleman, Ryan Gosling, Emily Blunt’s, Guy ”, Cynthia Erivo, Ariana Grande, Glinda, Barbie, Jon M, Steven Spielberg’s “, Evan Hansen, Ridley Scott, Paul Mescal, Pedro Pascal, Denzel Washington, Indiana Jones, ” Aronson, we’ve, Dwayne Johnson’s Santa Organizations: Trinity, Paramount, Disney, Denzel, Locations: , moviegoing, Turkey, Texas
Matthew Lillard starred as Shaggy in two "Scooby-Doo" movies, but Warner Bros. scrapped its sequel plans. With his career on a downturn, he considered accepting an offer to join "Dancing with the Stars." AdvertisementMatthew Lillard almost went on "Dancing with the Stars," but his decision to turn it down marked a major turning point in his career. 1 on the call sheet for the next 10 years of movies," Lillard told BI of his expectations at the time. And I was like, if I do 'Dancing with the Stars,' I'll never win an Academy Award," Lillard recalled.
Persons: Matthew Lillard, Shaggy, , Lillard, Warner, I'd, Michael Buckner, William Afton, He'll, Mike Flanagan's buzzy, Chuck Organizations: Warner Bros, Service, Business, WB, Variety Locations: Hollywood, Universal's
Then sink into this Edward Hopper painting from 1928. “It looks like the rest of the world has been raptured,” Mr. Wilkins said. “You see this solitary figure who is subsumed by this massive built environment,” Mr. Wilkins said. “It’s this great image of a city and a person in transition,” Mr. Wilkins said. In his letter, Mr. Hopper concluded: “But these are things for the psychologist to untangle.”
Persons: Edward Hopper, Gordon Wilkins, Addison, Hopper, Mr, , , ” Mr, Wilkins, he’ll Organizations: Addison, American, Phillips Academy, Skyscrapers, Chrysler, Empire Locations: Andover, Mass, Manhattan, New York, Lower Manhattan, Brooklyn
The question for Ukraine is whether Kursk will fare better than Germany's Battle of the Bulge. AdvertisementWhen Ukraine unleashed its Kursk offensive in August, it wasn't just the Russians who were surprised. By massing forces for offensives in eastern Ukraine, this thinned out the rest of the 600-mile front line, including the Kursk region. For example, "Ukraine's military announced the 61st Mechanized Brigade would be moving to Vovchansk, a city in the northern sector of the fighting in eastern Ukraine," said TRADOC. Allied cryptographers had broken high-level German radio codes (the "Ultra" program), but German forces employed radio silence, and orders were conveyed by courier and telephone.
Persons: , TRADOC, Hitler, Oleksandr Syrskyi, wouldn't, Ukraine prepped, Michael Peck Organizations: Service, US, Kremlin, British, Armed Forces of, 61st Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Kursk, Germany, Normandy, Ardennes, Belgium, Armed Forces of Ukraine, Nazi, Moscow, Forbes
Director Jacques Audiard’s genre-defying musical, “Emilia Pérez” — a stylized imagining of how a life of crime could be at least temporarily transformed by becoming one’s true self — may be the most ambitious yet. Zoe Saldaña, right, as Rita Moro Castro and Karla Sofía Gascón as Emilia Pérez in "Emilia Pérez." NetflixFar from offering Gascón a small part, Audiard, by his own admission, would have struggled to make “Emilia Pérez” at all without its central star. Karla Sofía Gascón, the titular star of Netflix's "Emilia Pérez," helped French auteur Jacques Audiard shape the film’s transgender storyline. But her journey as the star of “Emilia Pérez” is far from over — with award season right around the corner and, the actor said, her characters’ lingering presence.
Persons: Mutt, , Jacques Audiard’s, Emilia Pérez ”, Audiard, Karla Sofía Gascón, Emilia, ” Gascón, Zoe Saldaña, Rita Moro Castro, Emilia Pérez, Selena Gomez, Adriana Paz, — Audiard, Gascón, , ” Selena Gomez, “ I’m, Boris Razon’s, Rita, Saldana, she’s, Manitas, Gomez, they’re, Emilia —, Jacques Audiard, Marisa, Gasćon, ” Gasćon, “ She’s, “ It’s, who’s, Organizations: Kokomo City ”, NBC News, Netflix, Cannes, Spanish Locations: Spanish, Emilia, Mexico, French, Mexico City, Europe
The CEO of Meta dressed up as Keanu Reeves' John Wick, complete with a wig, suit, and tie. "When your house full of girls decides to be ballerinas, be John Wick," he wrote on Instagram. "When your house full of girls decides to be ballerinas, be John Wick," Mark Zuckerberg, Meta CEO, wrote on Instagram on Thursday. In his post, Zuckerberg was photographed wearing a black suit and tie resembling the titular character from Keanu Reeves' "John Wick" film franchise. AdvertisementThere are four movies in the "John Wick" series, and it's grossed over a billion dollars at the worldwide box office.
Persons: Mark Zuckerberg, Meta, Keanu Reeves, John Wick, , Zuckerberg, Instagram, Priscilla Chan, Zuckerberg's, Harry Potter, Albus Dumbledore, Reeves, Ana de Armas, Chad Stahelski, David Leitch, they'd, Eva Longoria, Stahelski, BI's Jason Guerrasio Organizations: Service, Meta, Business, it's
Shows like "Agatha All Along" and "Only Murders in the Building" released their season finales this week. New documentaries about Megan Thee Stallion and Martha Stewart are also out now. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: All, Megan Thee, Martha Stewart, , Agatha All, Janet Planet Organizations: Service
All three titles are expected to thrive at the box office, both during their openings and as they run through the rest of the year. The physical screens are often bigger than traditional movie screens or have auditoriums that feature higher-quality sound systems or seating options. These screens account for 9.1% of the domestic box office, around $600 million in 2024. PLF receipts still represent a small portion of the overall box office, with most audiences seeing films on traditional digital screens. However, it's no small feat that PLF box office has grown 33% in just five years.
Persons: Shawn Robbins, Lars Niki, Paul Dergarabedian, Steve Buck, Buck, Oppenheimer, Adam Jeffery Organizations: Paramount, Disney, Hollywood, Getty, National Association of Theatre, Warner Bros, CNBC Locations: New York City, North America, Square, NYC
Multiple outlets reported, citing unnamed sources, that a "Game of Thrones" movie is in the works. Warner Bros. Martin first suggested a "Game of Thrones" movie to tie up the franchise in a 2014 interview with The Hollywood Reporter. They grossed $1.8 million at the box office, according to Box Office Mojo. Warner Bros. PicturesA "Harry Potter" TV series reboot was announced last year after the box office failure of the "Fantastic Beasts" spin-off series.
Persons: , aren't, George R.R, Martin, David Benioff, Weiss, Arya Stark, Maisie Williams, Bran Stark, Isaac Hempstead Wright, Sansa Stark, Sophie Turner, HBO Matthias Frey, Shawn Robbins, Robbins, Max, Frey, David Zaslav, Harry Potter, Denis Villeneuve's, Matt Reeves, " Frey Organizations: HBO, Warner Bros, Service, Hollywood, Discovery, Business, Wall Street, Department of Media, Creative Industries, City , University of London, Thrones, Office, Warner Bros ., HBO Warner Bros, Variety
CNN —While Luther Vandross died in 2005 at the age of 54, his music remains timeless. Director Dawn Porter told CNN that as beloved as Vandross was, she wanted the film to be more than just an overt love letter to him. But for Porter, an award-winning filmmaker, the one person she wanted to make sure she gave an opportunity to speak was Vandross himself. “For Luther, I just gained such a much deeper appreciation of the work that he put into making his art look effortless,” she said. “Luther: Never Too Much” hits theaters in select cities Friday and will premiere next year on CNN, OWN and Max.
Persons: Luther Vandross, “ Luther, , Vandross, Aretha Franklin, Burger, Dawn Porter, , Porter, Mariah Carey, Jamie Foxx, ” Dawn Porter, Emma McIntyre, ” Porter, Luther, “ John Lewis, Bird, didn’t, Max Organizations: CNN, CNN Films, Sony Locations: Burger King, Kentucky, Santa Monica , California
Actor Ryan Reynolds has nothing but loving words for his friend Taylor Swift after spending the weekend in New Orleans to see the singer's "The Eras Tour" concert. It’s a special place on a normal day — but this weekend, felt like Super Bowl or Mardi Gras had a baby with music," Reynolds wrote. Reynolds remarked that he doesn't understand the level of work, care and discipline Swift generates to create such an experience. "The main reason I’ll never forget this show is because it brings people together in so many ways," Reynolds wrote. She wrote on Wednesday that she was "still smiling" about the New Orleans shows.
Persons: Ryan Reynolds, Taylor Swift, Reynolds, Blake Lively, It’s, Gras, Kam Saunders, Swift, I’ll, Swift's, She's Organizations: New Locations: New Orleans, Canada, Glendale , Arizona, Australia, Japan, Singapore, Europe
AdvertisementIn the mid-2000s, Matthew Lillard's career had reached new heights. 1 on the call sheet for the next 10 years of movies," Lillard told Business Insider. Lillard recalibrated his career when job offers dried up after 'Scooby-Doo 2'Matthew Lillard as Shaggy in "Scooby-Doo." Warner Bros. EntertainmentBefore "Scooby-Doo," Lillard's career had been a mixed bag. Dimension FilmsAfter finding a niche in horror movies, Lillard is now in something of a renaissance era.
Persons: Matthew Lillard, , Matthew Lillard's, He'd, I'd, Lillard, Lillard's, He's, John Waters, who's, didn't, Shaggy, Mike Flanagan, Flanagan, Chuck, he's, Stu Macher, Skeet Ulrich, Billy Loomis, William Afton, Emma Tammi, wasn't, Tammi, Stu didn't, it's, I've Organizations: Service, Warner Bros, Business, &, Toronto
When “The Texas Chainsaw Massacre” hit theaters in October 1974, audiences were horrified – and enthralled. Yet the elevated carnage of “The Texas Chainsaw Massacre” was a new world. Gunnar Hansen as Leatherface in "The Texas Chainsaw Massacre." Now that “Texas Chainsaw” is turning fifty, there are screenings in theaters all across the US, limited-time merchandise and cast and crew reunions. Here lies the classic slasher film … or so it seemsMichael Myers (played by Tony Moran) waits to strike in "Halloween."
Persons: Tobe Hooper, Kim Henkel, , , ” Henkel, , Marion Crane, baddie, Leatherface ”, – you’ll, Hooper, Henkel, ” “, Gunnar Hansen, Leatherface, Everett, Roger Ebert, Joshua Dysart, Dysart, ” Dysart, Kirk, Heather Langenkamp, Wes Craven, Craven, Lagenkamp, slashers, , Jourdain Searles, Searles, ” Searles, “ It’s, Casey, Drew Barrymore, Ghostface, Carmen Electra, Michael Myers, Tony Moran, Shutterstock Dysart, there’s, Alex Svensson, Svensson, Jamie Lee Curtis, Ryan Green, “ Svensson, Wes Craven’s, Casey Becker, Jason Vorhees Organizations: CNN, The, Texas, Cannes Film, , Hollywood, ITV, Emerson College, Locations: Texas, The Texas, Austin, Los Angeles, Corpus Christi, Nancy
It will be the sixth installment of the "Scary Movie" franchise. Advertisement"Scary Movie" is back, and fans want to know which films it will parody and if the original cast will return. Marlon and Shawn Wayans created the "Scary Movie" franchise in the late 1990s, and their brother, Keenen Wayans, directed it. The two stars appeared in every "Scary Movie" aside from 2013's "Scary Movie 5." If their doing a scary movie reboot.. what big horror movie/movies came out in the last decade that they could parody??
Persons: Wayans, , Marlon, Shawn Wayans, It's, Shawn, Keenen Wayans, Jonathan Glickman, Anna Farris, aris, layed, amie K ennedy), cary, ecade, ince, oing Organizations: Service, Miramax, Paramount, Hollywood, Regina Hall, aris, ust
1 at the box office, but the comic book film fell significantly short of expectations. After much bigger launches, the first “Venom” powered to $856 million worldwide while “Let There Be Carnage” surpassed $500 million worldwide. The follow-up to 2019’s billion-dollar hit “Joker” has turned into a box office disaster with $57.8 million domestically and $201.1 million globally. The R-rated sequel to 2022’s “Smile,” which topped the box office last weekend, has generated $40.7 million in North America and $83 million worldwide to date. The well-reviewed family film has endured at the box office with minimal week to week drops, amassing $111 million domestically and $232 million worldwide so far.
Persons: , Tom Hardy, , Venom, Kelly Marcel, Hardy, Eddie Brock, Jeff Bock, , Robert Zemeckis, Tom Hanks, Robin Wright, Dwayne “, ” Johnson, “ Moana, David A, Gross, Ralph Fiennes, Edward Berger, Audiences, Andrew Garfield, Florence Pugh, Sean Baker’s Palme d’Or Organizations: Marvel, Sony, Yankees, Dodgers, Rotten, Entertainment Research, Warner Bros, Catholic, Universal, DreamWorks, Cannes Locations: New York City, Los Angeles, North America, CinemaScore, Russian
Idris Elba has shared more on his plans to help build the entertainment industry in Africa. The Golden Globe winner has said he planned to build film studios in Ghana and Tanzania. A 2021 UNESCO report said that the film industry could help add $20 billion to Africa's combined GDP. "I would certainly consider settling down here; not even consider, it's going to happen," he continued, adding: "I'm going to live in Accra, I'm going to live in Freetown, I'm going to live in Zanzibar. Africa's film industry is growing rapidly, and certain major streaming successes, such as Netflix's Nigerian crime thriller "The Black Book," offer increasing optimism for the sector.
Persons: Idris Elba, , Luther, We've Organizations: Golden Globe, UNESCO, Service, BBC, Tanzania —, West African Studios, Research, CNN Locations: Africa, Ghana, Tanzania, Accra, I'm, Freetown, Zanzibar, Elba, London, Sierra Leonean, Ghanaian, Tanzanian, Nigerian
Andrew Garfield and Florence Pugh star as a couple dealing with a cancer diagnosis in "We Live in Time." Advertisement"We Live in Time," the new film starring Florence Pugh and Andrew Garfield as a couple dealing with a cancer diagnosis, defies easy categorization. The movie, which is structured as a nonlinear narrative, follows the relationship between Tobias (Garfield), a Weetabix salesman, and Almut (Pugh), a former figure skater turned Michelin chef, over the course of a decade. The actors — and director — went through the emotional wringerGarfield plays Tobias in "We Live in Time." The ending of 'We Live in Time' was originally differentPugh and Garfield in "We Live in Time."
Persons: Andrew Garfield, Florence Pugh, John Crowley, Crowley, , Tobias, Garfield, Pugh, it's, It's, who's, Oscar, Saoirse Ronan, Peter, Almut, Ella, who'd, she's, I'm, we're Organizations: Service, London, BI Locations: Brooklyn, Tobias
"John Wick" might never have gone on to become a billion-dollar-grossing film franchise if not for the financial intervention of Eva Longoria, the original film's directors revealed this week. "We were less than a week out and we lost almost $6 million on a gap financing," Stahelski told the publication. "We had all put in everything, including Keanu. And we were still short. So we were shut down."
Persons: John Wick, Eva Longoria, Chad Stahelski, David Leitch —, Leitch, , Keanu Reeves, Stahelski, Keanu Organizations: Business, CAA
Daisy Ridley is set to return as Rey in Disney's new untitled "Star Wars" sequel. It's the latest "Star Wars" movie that Disney has had trouble getting off the ground in recent years. AdvertisementDisney has hit a roadblock with its next "Star Wars" sequel, which will star Daisy Ridley, after writer Steven Knight left the project. AdvertisementThe same year, Marvel Studios chief Kevin Feige confirmed he was planning a "Star Wars" movie. The next confirmed "Star Wars" movie, "The Mandalorian & Grogu," is due to land in theaters in May 2026.
Persons: Daisy Ridley, Steven Knight, , Sharmeen Obaid, Rey, Knight, Damon Lindelof, Justin Britt, Gibson, Obi, Wan, Rian Johnson, David Benioff, Weiss, Kevin Feige, Patty Jenkins, Jenkins, there's, Taika Waititi, Ridley Organizations: Rey, Disney, Service, Variety, Lucasfilm, IGN, Marvel Studios, Squadron, Forbes, Collider
In the latest Hollywood movie bidding war, the battle between a theatrical and a streaming release could not have been more stark. And in this case, theaters won out. The film will star Margot Robbie as Catherine Earnshaw and Jacob Elordi from “Saltburn” as the rageful Heathcliff. Ms. Robbie’s company and its partner, independent studio MRC, have instead been won over by Warner Bros., the studio said on Thursday. The company offered them around $80 million plus a significant marketing commitment, according to a person with knowledge of the decision.
Persons: Emily Brontë’s, , Emerald Fennell, , Margot Robbie, Catherine Earnshaw, Jacob Elordi, Saltburn ”, Heathcliff, Robbie, Tom Ackerley, Josey McNamara Organizations: Netflix, MRC, Warner Bros Locations: Wuthering
A person close to the campaign said that at this moment, having Clinton on the campaign trail might not be the most helpful move, since it needed to focus on its core messages. Clinton is expected to do at least one event for the Harris campaign in the final week of the election, according to two people familiar with the planning, though an event has not been announced. It is unclear if Clinton will appear alongside the vice president on the campaign trail. A Harris campaign official said Clinton will campaign for the vice president in the final stretch of the race. “Hillary Clinton said, ‘I’m With Her,’ and they were not,” the Harris aide said of voters.
Persons: WASHINGTON, Kamala Harris, Hillary Clinton, Harris, Clinton, Harris ’, she’s, “ Kamala, ” Clinton, ” Harris, , Donald Trump, Trump, , Hillary Clinton —, Bill Clinton, , “ Hillary Clinton, Organizations: Democratic National Convention, NBC News, Democratic, , Trump, White, Republican, Washington , D.C, Trump White House Locations: Pennsylvania, North Carolina, Michigan, Georgia, Washington ,
Warning: Spoilers ahead for "The Apprentice," the new Donald Trump biopic. The controversial movie opened in US theaters on October 11.Business Insider has broken down how accurate the movie is. Go to newsletter preferences Thanks for signing up! The new Donald Trump biopic sees Marvel star Sebastian Stan portray a young Trump as he makes a name for himself in 1970s New York. The controversial film faced a storied struggle to get into theaters in the US, with Trump attempting to block its release.
Persons: Donald Trump, , Sebastian Stan, Trump, Roy Cohn, Jeremy Strong, Fred Trump, Martin Donovan, Ivana Trump, Maria Bakalova Organizations: Service, Marvel, Trump, Business Locations: New York
The 50th season of "SNL" premiered last month. Since the first show in 1975, 165 comedians and actors have been a part of "SNL." Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Here's what all 165 cast members of "SNL," from the original "Not Ready for Primetime Players" to the current cast of season 50, are doing now.
Persons: , Adam Sandler, Forbes, Darcy Schild Organizations: Service, NBC, Studio 8H
And it's not the only blockbuster-budgeted film to disappoint at the box office this year. "A combination of hits and flops are a hallmark of every box office year," said Paul Dergarabedian, senior media analyst at Comscore. But for more traditional media companies, that have long traded off their successes at the box office, shareholders still want to see a big theatrical return on investment. UniversalEstimated production budget: $80 million$80 million Global box office: $100 million$100 million Release date: Feb. 14, 2024 Sony's Spider-Man universe films have been hit-or-miss at the box office for years. However, despite solid reviews — a 90% "Fresh" rating on Rotten Tomatoes — the film failed to explode at the box office.
Persons: Joaquin Phoenix, Arthur Fleck, It's, Todd Phillips, it's, Paul Dergarabedian, Shawn Robbins, Robbins, Arthur Fleck's, Lady Gaga, Harley Quinn, Eli Roth's, Cate Blanchett, Kevin Hart, Jack Black, Jamie Lee Curtis, Ariana Greenblatt, Blanchett, — Bryce Dallas Howard, Sam Rockwell, Henry Cavill, John Cena, Samuel L, Jackson, Howard, Elly Conway, Guy, Ryan Gosling, Barbie, Emily Blunt, Oppenheimer, Colt, Jody Moreno's, Blunt, Cassandra Webb, Max, George Miller, Chris Hemsworth, Francis Ford Coppola, Cesar Catilina, Adam Driver, — Adam Driver, Dustin Hoffman, Giancarlo Esposito, Laurence Fishburne, Jon Voight, Coppola Organizations: Warner Bros, Universal, Lionsgate, Sony, Hollywood, Netflix, Apple, Arkham State Hospital, Audiences, Rotten, Fury Locations: Lionsgate's, Dua Lipa, New York City, Australia, York City, New Rome
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