Posts filtered by tags: Amc Theatres[x]


 

As New York City Movie Theaters Reopen, They Wonder If People Will Return

For the first time in nearly a year, New York-based movie theater operator Nicolas Nicolaou can breathe a sigh of relief. That’s because Gov. Andrew Cuomo announced that cinemas across the five boroughs could reopen starting next month, a potential reprieve for a sector of the entertainment industry that’s been walloped by the coronavirus pandemic. […]
Tags: New York, News, New York City, Amc Theatres, Andrew Cuomo, Nicolas Nicolaou, Raya And The Last Dragon


As New York City Movie Theaters Reopen, Exhibitors Wonder If People Will Return

For the first time in nearly a year, New York-based movie theater operator Nicolas Nicolaou can breathe a sigh of relief. That’s because Gov. Andrew Cuomo announced that cinemas across the five boroughs could reopen starting next month, a potential reprieve for a sector of the entertainment industry that’s been walloped by the coronavirus pandemic. […]
Tags: New York, News, New York City, Amc Theatres, Andrew Cuomo, Nicolas Nicolaou, Raya And The Last Dragon


New York City Movie Theaters Can Finally Reopen. Will People Return?

For the first time in nearly a year, New York-based movie theater operator Nicolas Nicolaou can breathe a sigh of relief. That’s because Gov. Andrew Cuomo announced that cinemas across the five boroughs could reopen starting next month, a potential reprieve for a sector of the entertainment industry that’s been walloped by the coronavirus pandemic. […]
Tags: New York, News, New York City, Amc Theatres, Andrew Cuomo, Nicolas Nicolaou, Raya And The Last Dragon


New York City movie theaters will reopen on March 5 at limited capacity, Cuomo says

A view outside AMC 34th Street 14 movie theater during the coronavirus pandemic on May 14, 2020 in New York City. Noam Galai/Getty Images New York City movie theaters will be able to reopen on March 5 at 25% capacity, Gov. Cuomo said Monday. Cuomo also said assigned seating, social distancing, and other health precautions would be in place. New York City movie theaters have been closed for nearly a year. Visit the Business section of Insider for more stories. After nearly a year of being s...
Tags: Christopher Nolan, UK, New York, Media, Entertainment, New York City, Amc, Disney, US, Trends, Nato, Amc Theatres, Cineworld, Warner Bros, Andrew Cuomo, Comscore


VC Alexa von Tobel on the most overlooked driver of social-media-driven stock trading

Alexa von Tobel has always felt strongly that too many people are shut out of the stock market. She felt this as a 23-year-old who didn’t have $5,000 to open a brokerage account. She felt it while building LearnVest, a financial planning startup she launched in 2009 and sold in 2015 to Northwestern Mutual for what she says was ultimately $375 million. In fact, von Tobel — who two years ago launched her own venture firm with fellow entrepreneur and former U.S. Secretary of Commerce Penny Pritzker...
Tags: Tech, Reddit, Amc Theatres, Robinhood, Cnbc, Gamestop, Trump, Commerce Penny Pritzker, Inc, Consumer Financial Protection Bureau, Alexa von Tobel, Northwestern Mutual, von Tobel, LearnVest, Tobel, Robinhood Vlad Tenev


Investor Alexa von Tobel on the biggest driver of social-media-fueled stock trading

Alexa von Tobel has always felt strongly that too many people are shut out of the stock market. She felt this as a 23-year-old who didn’t have $5,000 to open a brokerage account. She felt it while building LearnVest, a financial planning startup she launched in 2009 and sold in 2015 to Northwestern Mutual for what she says was ultimately $375 million. In fact, von Tobel — who two years ago launched her own venture firm with fellow entrepreneur and former U.S. Secretary of Commerce Penny Pritzker...
Tags: Tech, Reddit, Amc Theatres, Robinhood, Cnbc, Gamestop, Vlad Tenev, Trump, Commerce Penny Pritzker, CFPB, Inc, Alexa von Tobel, Northwestern Mutual, von Tobel, LearnVest, Tobel


‘We Were All Cocky’: AMC Investors Reflect on Their Bid to Take Stock to the Moon

For a brief moment, Aiden and his friends believed that they were investing gods. Aiden is a 20-year-old business student at San Diego State University. In recent months he and his friends have been drawn to the Reddit group WallStreetBets, where users trade stock tips and brag about their “diamond hands.” They bought GameStop and […]
Tags: News, Amc, Aiden, Reddit, Amc Theatres, Gamestop, San Diego State University, AMC Entertainment


AMC Theatres Shares Just Plunged More Than 50%. What’s Next for Stocks Roiled by Reddit?

AMC Entertainment’s shares took a steep tumble Thursday, not yet a coda to the frenetic activity around the stock market fueled by users on Reddit, TikTok, Robinhood and other social media platforms. AMC’s stock was down more than 50% on Thursday afternoon, one day after it surged more than 300% and skyrocketed to $20.31 per […]
Tags: News, Amc, Reddit, Amc Theatres, AMC Entertainment


Amateur Investors Flood The Wrong AMC Subreddit In Search For 'Stonks'

I don’t really get how the stock market works. It all seems like a big scam to me. Read more...
Tags: Elon Musk, Science, Reddit, Amc Theatres, Gamestop, Wikis, Businesspeople, Subreddits, Stock Trader, Riama, Rwallstreetbets, Economy Of The United States, Stonk


AMC CEO Adam Aron Says New Financing Deal Means Imminent Bankruptcy Is ‘Completely Off the Table’

AMC Theaters delivered a sobering message last December, warning that the world’s largest cinema chain could run out of cash by early 2021 due to mounting challenges posed by the coronavirus pandemic. On Monday, the company announced a reversal of fortune. It raised nearly $917 million in funding since then, allowing AMC to avert bankruptcy […]
Tags: Amc, Features, Amc Theatres, Adam Aron, Coronavirus


AMC staves off bankruptcy as studios to delay their films all over again

AMC Theatres managed to scrounge up just enough cash to make it through another year.
Tags: Amc, Amc Theatres


AMC Raises $917 Million to Weather ‘Dark Coronavirus-Impacted Winter’

AMC Theatres, the world’s largest cinema chain, has raised $917 million in new equity and debt capital, the company said on Monday. “This increased liquidity should allow the company to make it through this dark coronavirus-impacted winter,” the company said, adding that its “financial runway has been extended deep into 2021.” AMC has raised the […]
Tags: News, Amc, Global, Amc Theatres, Adam Aron, Coronavirus


Downtown Disney turns 20 — take a look at how it’s changed

The Downtown Disney “shoppertainment center” that opened a month before Disney California Adventure in 2001 has changed and evolved during the outdoor shopping mall’s 20-year history. Downtown Disney will mark its 20th anniversary on Tuesday, Jan. 12 with a few deals from original businesses. Sign up for our Park Life newsletter and find out what’s new and interesting every week at Southern California’s theme parks. Subscribe here. The 20th anniversary of Downtown Disney will be unlike any pre...
Tags: California, Disney, Sport, Things To Do, Soccer, Starbucks, Espn, Amc Theatres, Amusement Parks, Disneyland, Sephora, Southern California, Anaheim, DCA, Downtown Disney, House of Blues


AMC Continues to Struggle, Selling Even More Shares to Stay Afloat

The future of movie theaters remains somewhat up in the air right now, and AMC – the largest theater chain in the United States – is suffering. As a result, AMC has just filed to sell up to 50 million more shares of stock with the hopes of staying solvent (solvency allows a company to meet its long-term debts and financial obligations). As a result, the company’s stock was down nearly 5% as of today. AMC previously reported they would need at least $750 million to make it through 2021. While...
Tags: Movies, Washington Post, Amc, United States, Amc Theatres, Business and Industry News, AMC Continues


The biggest US movie-theater trade group says it's optimistic about a return to normalcy in the spring, but many consumers are wary

An AMC theater in Burbank, California in April. Associated Press Congress passed a pandemic relief bill on Monday that included $15 billion in grants for independent movie theaters, but does not include relief for large theater chains. The National Association of Theatre Owners praised the bill and president John Fithian said that there's "a very real chance that our business can begin to return to normal in the spring." But the organization will continue to seek help for large chains. The...
Tags: Hbo, UK, Hollywood, Movies, Media, Entertainment, Congress, Amc, Disney, US, Trends, Analysis, Nato, Amc Theatres, Deloitte, Cineworld


‘Dune’ Director Denis Villeneuve Slams WB’s HBO Max Decision, AMC Needs $750 Million to Survive 2021

“Warner Bros. might have just killed the Dune franchise.” Denis Villeneuve, the filmmaker behind the mega-budgeted movie adaptation of Frank Herbert’s classic science fiction novel, does not mince words in a new editorial published by Variety. After being blindsided by the news that Warner Bros. is releasing its entire 2021 slate of films (including Dune) in theaters and on HBO Max simultaneously, Villeneuve blasted the studio’s parent company in this new editorial, saying, “AT&T has hijacked o...
Tags: Hbo, Movies, Amc, Exhibition, Amc Theatres, Warner Bros, Warner Brothers, Securities And Exchange Commission, Dune, Frank Herbert, AT T, Villeneuve, WB, AMC Theaters, Denis Villeneuve, Business and Industry News


AMC Theatres Warns It Could Run Out of Cash in Early 2021

AMC Theatres, the world’s largest cinema chain, has issued a sobering warning as the coronavirus pandemic stretches into winter: We’re running out of money. In an SEC filing on Friday, the struggling movie theater company warned its resources may be drained as early as next month. “In the absence of additional liquidity, the Company anticipates […]
Tags: News, SEC, Amc Theatres, Coronavirus


AMC Theatres boss criticizes Warner Bros. for HBO Max 2021 release plans

CEO Adam Aron says Warner Media wants to subsidize its HBO Max startup at AMC's expense and that AMC "will aggressively pursue economic...
Tags: Hbo, Amc, Amc Theatres, Warner Bros, Adam Aron, Warner Media, HBO Max


AMC is Not Happy With Warner Bros. 2021 HBO Max Release Plans, Other Major Exhibitors React

The entire theatrical landscape shifted yesterday when Warner Bros. announced that it would be releasing its entire 2021 theatrical slate day-and-date in theaters and on HBO Max. The film world was left reeling by this game-changing decision, most of all theater exhibitors — many of whom received a heads up only an hour before Warner Bros. broke the news. Smaller exhibitors learned only seven minutes prior to the bombshell. So naturally, they’re all a little miffed by the decision, which many a...
Tags: Hbo, Christopher Nolan, UK, Movies, Amc, US, Exhibition, Amc Theatres, Cineworld, Warner, Warner Bros, Warner Brothers, Kong, WB, AMC Theaters, Adam Aron


AMC Entertainment to Raise up to $844 Million to Stay Afloat During Pandemic

AMC Entertainment Holdings has filed to raise up to $844 million by selling stock as the exhibitor struggles to stay afloat during the COVID-19 pandemic. The S-3 filing with the Securities and Exchange Commission said AMC plans to sell up to 200 shares at an estimated offering price of $4.22 per share, based on trading Nov. […]
Tags: News, Amc, Box Office, Amc Theatres, Securities And Exchange Commission, AMC Entertainment Holdings, AMC Entertainment, COVID-19


Universal Reaches Deal With Canada’s Cineplex Allowing for Early VOD

Universal Filmed Entertainment Group has unveiled a multi-year agreement with Canada’s Cineplex chain to shorten the theatrical window and bring movies more quickly to the home. The pact, announced Friday, mirrors similar agreements that the studio reached on July 28 with AMC Theatres and on Nov. 17 with the Cinemark chain. Under the terms of […]
Tags: News, Canada, Box Office, Amc Theatres, Universal, Cineplex, Cinemark, Universal Filmed Entertainment Group, COVID-19


'Wonder Woman 1984' will stream the same day it hits theaters and could open the door for 'Black Widow' and other tentpole movies to follow

"Wonder Woman 1984" Warner Bros. "Wonder Woman 1984" will begin streaming on HBO Max for a month starting December 25, the same day it hits theaters where they are open. The move could push other studios to embrace streaming for tentpole movies, including Marvel's "Black Widow," as coronavirus cases surge throughout the US. A source familiar with Disney's thinking said that "everything is in consideration" for Disney Plus. Some analysts argue that this is the result of abnormal times, but ...
Tags: Apple, Hollywood, Media, Entertainment, Disney, US, Trends, Bloomberg, Analysis, Netflix, James Bond, Streaming, Amc Theatres, Warner Bros, Bond, Comscore


Survival Mode: Movie Theaters Brace for Desolate Winter

Movie theater executives don’t usually quote Winston Churchill on earnings calls. But during his company’s most recent quarterly report to analysts, AMC chief Adam Aron dusted off one of the prime minister’s most famous speeches to describe the financial cataclysm engulfing the exhibition industry and the resilient spirit he hopes will rise up to meet […]
Tags: News, Amc, Winston Churchill, Amc Theatres, Adam Aron, Cinemark, Regal


Universal and Cinemark Strike a Deal for Shortened Theatrical Window – Here’s What You Need to Know

Several months after Universal Filmed Entertainment Group signed a deal with AMC Theatres, the company has now signed a separate deal with Cinemark Theatres with a different set of details giving movies a shortened theatrical window. Here’s what you need to know. According to Deadline, Universal has signed a multi-year deal with Cinemark, the third most popular movie theater chain in the United States (behind AMC and Regal). The new deal provides a 17 day theatrical window for every theatrica...
Tags: Movies, Amc, United States, Box Office, Exhibition, Amc Theatres, Universal, Deadline, Focus Features, Cinemark, Business and Industry News, Mark Zoradi, Universal Filmed Entertainment Group, Cinemark Theatres, Deadline Universal


Universal Strikes Deal With Cinemark Allowing Movies to Premiere On-Demand Early

Cinemark and Universal Pictures have forged a landmark agreement to bring theatrical movies more quickly to home entertainment. The deal follows a recent and unexpected pact that Universal struck months ago with AMC Theatres, the world’s largest theater chain. That pact gave Universal the option to put new movies on digital rental services after 17 […]
Tags: News, Amc, Amc Theatres, Universal Pictures, Cinemark


McDonald's is getting into plant-based meats

Hi! Welcome to the Insider Advertising daily for November 10. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]: We are looking for nominations for our annual list of rising stars of Madison Avenue. Submit your nominations here by November 16.Today's news: McDonald's gets into plant-based meat, AMC stock soars on COVID vaccine news, and Trump's re...
Tags: UK, New York, Media, Washington, White House, Amc, Advertising, Marketing, Disney, US, Trends, Syria, New York Times, Mcdonald's, Pfizer, Amc Theatres


Struggling Movie Theaters See Glimmer of Hope Following Coronavirus Vaccine News

News of a potential coronavirus vaccine sent shares of movie theater chains soaring on Monday. For the first time in a long time, it seems, cinema owners and investors see hope for a sector that has been decimated by the public health crisis. “We have not heard good news for awhile, and this is unqualified […]
Tags: News, Imax, Amc Theatres, Cineworld


AMC is up 80% as movie-theater stocks stocks surge after Pfizer says its COVID-19 vaccine is effective

A view outside AMC 34th Street 14 movie theater during the coronavirus pandemic on May 14, 2020 in New York City. Noam Galai/Getty Images Stocks for AMC Theatres and Cinemark Theatres surged on Monday following optimistic coronavirus vaccine news from the pharmaceutical company Pfizer. AMC shares were up 80% and Cinemark shares were up 40%. Disney shares were also up 10%. It's a rare bit of good news for the movie-theater industry, which has been devastated by the pandemic. Other major cha...
Tags: UK, Hollywood, Movies, Media, Entertainment, Amc, Disney, US, Trends, Pfizer, Amc Theatres, Universal, Cineworld, Warner Bros, Pixar, Universal Pictures


AMC Theatres stock surges on vaccine news

After a disastrous year, theater companies had a reason to be optimistic on Monday.
Tags: Cnn, Amc Theatres


AMC Theatres stock soars 80% on vaccine news

Shares for AMC and Cinemark Theatres surged Monday morning after Pfizer revealed a vaccine breakthrough.
Tags: Amc, Cnn, Pfizer, Amc Theatres, Cinemark Theatres