Amc Entmt Hldgs Inc Stock Price, News & Analysis

AMC Theatres reported a significant increase in global admissions revenue, surpassing the same weekend in 2019 by more than 15%. Over 4.9 million guests attended AMC locations from June 9-12, making it the second busiest weekend of 2022. The success was driven by blockbuster films like JURASSIC WORLD DOMINION and TOP GUN: MAVERICK. Upcoming movie releases, including LIGHTYEAR, are expected to further fuel attendance and revenues, indicating a strong recovery for the theatrical box office.

Hollywood.com has launched a new mobile app aimed at enhancing the ticket purchasing experience for AMC Theatres® (NYSE:AMC) across the U.S. The app allows users to easily compare movies, showtimes, and seating options before making a purchase. AMC, the largest theatrical exhibitor globally, leverages this innovation to cater to movie enthusiasts. Notably, the app includes 24/7 customer support and plans to integrate AMC's loyalty program, AMC Stubs. This launch coincides with a strong movie slate, aimed at boosting engagement in the entertainment sector.

LIFEMARK, a faith-based film from the Kendrick Brothers and Kirk Cameron Entertainment, premieres in theaters nationwide for a limited seven-day run starting September 9, 2022. Based on the true story depicted in the documentary 'I Lived On Parker Avenue,' the film follows a young man's journey to meet his birth parents, showcasing themes of adoption and reconciliation. The cast includes well-known actors such as Kirk Cameron and Alex Kendrick. Executive Producer Stephen Kendrick emphasizes the film's inspirational nature, aiming to engage audiences and encourage support for adoption.

AMC has announced the opening of its newly-built AMC DINE-IN Topanga 12 theatre in Topanga, California, on June 2. This theatre features all-recliner seating, IMAX with Laser, and Dolby Cinema. In conjunction with this opening, the nearby AMC Promenade 16 will close on June 1. The Dine-In cinema offers an enhanced experience with meal delivery to seats and premium dining options. AMC aims to improve movie-going experiences in Los Angeles, positioning itself as a leader in luxury cinema amenities.

AMC Theatres celebrates a record-breaking Memorial Day weekend with its feature film TOP GUN: MAVERICK, achieving the highest domestic box office for this holiday weekend in 15 years. The company witnessed a 122% year-over-year increase in domestic box office sales, serving nearly 4 million guests in the U.S. alone. Notably, more than 3.3 million viewers attended to watch the film, highlighting a significant comeback as older demographics return to theaters in large numbers. The industry's recovery post-pandemic is evident in AMC's impressive attendance figures compared to 2021.

National CineMedia (NCMI) has launched The Noovie Trivia Show in partnership with Paramount+, aligning with the release of Top Gun: Maverick. The show, hosted by Maria Menounos, features celebrity trivia with opportunities for brand sponsorship and custom content aimed at engaging a young audience. NCM, which reaches over 600 million moviegoers annually through a vast network of theaters, offers a unique platform for brands to connect with the coveted 18-34 demographic. The Noovie Trivia app will also introduce a ‘Weekly Prize Contest’ for top players.

National CineMedia (NCMI) is set to participate in the 50th Annual JP Morgan Global Technology, Media and Communications Conference from May 23-25, 2022, in Boston. CEO Tom Lesinski and CFO Ronnie Ng will host a fireside chat on May 25 at 10:40 AM EDT and conduct one-on-one meetings with investors. As the largest cinema advertising network in the U.S., NCM connects brands with diverse audiences through its Noovie pre-show across prominent theater chains like AMC and Cinemark. More details and live audio webcasts will be available at www.ncm.com.

National CineMedia (NCM) has partnered with Place Exchange to launch a programmatic offering for its Lobby Entertainment Network, enhancing access to advertising on over 20,600 screens in 1,600 theaters nationwide. This programmatic move allows advertisers to reach a young, diverse audience of over 600 million annual moviegoers, emphasizing targeting efficiency and data utilization. With a notable recovery in theater attendance post-pandemic, NCM aims to tap into increased cinema-related spending, particularly among Gen Z and Young Millennials.

AMC Entertainment Holdings, Inc. (NYSE: AMC) has released its results for the first quarter ending March 31, 2022. The company, known as the largest movie exhibition entity globally, continues to innovate through enhanced services and offerings. A live webcast for investors will take place on May 9, 2022, at 4:00 PM CDT, with an archived version available afterward. AMC's dedication to improving guest experiences while showcasing a broad array of films remains a focus as it operates approximately 950 theatres and 10,500 screens worldwide.