Amc Entmt Hldgs Inc Stock Price, News & Analysis

Kathie Lee Gifford is set to bring her latest musical production, THE WAY, to theaters nationwide on September 1. This special event showcases a modern interpretation of key Biblical stories through orchestral arrangements and narration, featuring artists like Nicole C. Mullen and Danny Gokey. Gifford aims to revive interest in these ancient narratives among younger audiences. Tickets are available online and at theater box offices. Additionally, a companion book titled The God of the Way will be released on August 30, 2022.

The Met: Live in HD kicks off its 2022-23 season on October 22, featuring ten live cinema broadcasts from the Metropolitan Opera. This season showcases the world premiere of The Hours, company premieres of Champion and Medea, alongside four new productions. Star performances include talents like Sondra Radvanovsky and Renée Fleming. Encore screenings will follow each live transmission. This initiative makes opera accessible, with over 29.4 million tickets sold to date. The season's complete schedule is available now.

The feature film SLAVES AND KINGS, directed by Pablo Moreno, will be released in theaters on August 22 and 23, 2022. The movie tells the story of Saint Anthony Mary Claret, a renowned Spanish archbishop and missionary, highlighting his efforts against slavery and his commitment to education. Filmmakers have included bonus content for audiences to explore Claret's life further. Tickets can be purchased through Fathom Events and participating theater box offices.

AMC Entertainment Holdings, Inc. (NYSE: AMC) announced the repurchase of approximately $72.5 million of its 10% Second Lien Subordinated Secured Notes due 2026 for $50 million, a 31% discount to face value. This strategic move will reduce AMC's annual interest costs by $7.25 million. CEO Adam Aron expressed gratitude for shareholder support that facilitated this buyback, indicating it as a step in their recovery strategy to strengthen the balance sheet and enhance shareholder value.

AMC Theatres reported its busiest weekend in 2022 from July 7 to July 10, with over 5.9 million attendees.

Global admissions revenue exceeded the same weekend in 2019 by approximately 12%, driven by blockbusters like THOR: LOVE AND THUNDER and other popular titles.

Domestically, admissions revenue grew by an estimated 14% compared to 2019. AMC's re-launched $5 Discount Tuesday program continues to attract moviegoers.

National CineMedia (NCMI) has expanded its NCMx^TM data intelligence platform through partnerships with Neustar and ElementalTV. This update introduces shoppable ads and enhanced marketing analytics, allowing advertisers to optimize campaigns in real-time. With access to over 600 million moviegoers and a substantial data set of 274 million records, the platform aims to boost conversions and engagement for cinema advertisers. The collaboration is positioned to enhance the advertising capabilities of NCM as it transitions into a data-driven media entity.

AMC Entertainment Holdings (NYSE: AMC) will announce its second quarter results for the period ending June 30, 2022, on August 4, 2022, after market close. A webcast will follow at 4:00 p.m. CDT (5:00 p.m. EDT) where questions can be submitted by investors and analysts. AMC operates approximately 950 theatres globally, offering unique experiences through enhanced seating and food options. Investors are encouraged to register for the webcast beforehand.

AMC Theatres has introduced Discount Tuesdays, offering movies at just $5 plus tax at all U.S. locations through October. To participate, guests must be members of the AMC Stubs program, including the free AMC Stubs Insider membership. Additional value options include matinee pricing before 4 p.m. or 5 p.m., and the AMC Stubs A-List program, allowing up to three movies weekly for a monthly fee. Members can also earn rewards with AMC Stubs Premiere.