AMC Responds to 'Wonder Woman 2' Streaming Move: 'Atypical Circumstances' Call For 'Atypical Windows'

“AMC continues to believe that exclusive theatrical releases benefit consumers, filmmakers, studios and exhibitors,” company’s president and CEO says Warner Bros. via Patty Jenkins on Twitter Following the announcement that “Wonder Woman 1984” will debut Dec. 25 on HBO Max in the United States, with limited theatrical release in the U.S. and wider releases internationally, […]

AMC Responds to 'Wonder Woman 2' Streaming Move: 'Atypical Circumstances' Call For 'Atypical Windows'

“AMC continues to believe that exclusive theatrical releases benefit consumers, filmmakers, studios and exhibitors,” company’s president and CEO says Warner Bros. via Patty Jenkins on Twitter Following the announcement that “Wonder Woman 1984” will debut Dec. 25 on HBO Max in the United States, with limited theatrical release in the U.S. and wider releases internationally, […]

AMC Networks Lays Off Nearly 100 Staffers in Reorg Around Streaming Operations

CEO Josh Sapan announced cuts during company town hall Wednesday Getty Images AMC Networks is laying off nearly 100 workers in a streaming-focused reorganization, TheWrap has learned. CEO Josh Sapan announced the cuts, which will affect 10% of AMC Networks’ U.S. staffers, during a company town hall Wednesday. Sapan said the focus of the restructuring […]

AMC Theatres Expects 91% Decline in Q3 Revenue

Unaudited snapshot is not a good look Amy Sussman / Getty Images AMC Entertainment unveiled some unaudited Q3 2020 financials on Tuesday morning, when the company said it expects a revenue decline of 91% from last year. Year-to-date, the revenue decline is -73%. The coronavirus pandemic has obliterated the movie theatre business. AMC Theatres are […]

AMC Theatres Says It Will Be Out of Cash by Early 2021

Why Spotify Won’t Drop Joe Rogan Despite Employee Backlash amc theatres AMC Theatres Says It Will Be Out of Cash by Early 2021 Bummer of a Tuesday SEC filing sends stock price under $4 per share AMC Entertainment says that unless things change, it will be out of cash by late 2020 or early 2021. […]

AMC Theatres Says It Will Be Out of Cash by Early 2021

Either attendance needs to increase or largest U.S. movie exhibitor will need to borrow more money/renegotiate leases amc theatres AMC Entertainment says that unless things change, it will be out of cash by late 2020 or early 2021. The largest U.S. movie-theater exhibitor laid out the grim news in an SEC filing on Tuesday. Here […]