Amc Entmt Hldgs Inc Stock Price, News & Analysis

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 A live webcast for investors will take place on May 9, 2022, at 4:00 PM CDT, with an archived version available afterward.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.

National CineMedia (NCMI) reported a substantial revenue increase of 564.8% in Q1 2022, totaling $35.9 million, compared to $5.4 million in Q1 2021. Although the operating loss improved to $22.5 million, net loss increased to $25.2 million, or $0.31 per diluted share. The company attributed this growth to heightened advertising demand following recent box office successes. Looking ahead, NCMI anticipates Q2 2022 revenue between $63.0 million and $70.0 million, with an Adjusted OIBDA of $12.5 million to $18.5 million.

Kirk Cameron Presents: The Homeschool Awakening is a new documentary debuting in theaters on June 13 and 14, 2022, highlighting the importance of parental control in education. The film showcases various American families' homeschooling journeys, emphasizing the shift towards home education driven by parents' concerns over public schooling. Directed by Kirk Cameron, the documentary aims to inspire families to reclaim educational values. Tickets can be purchased via Fathom Events, targeting a growing audience interested in alternative education methods.

AMC Entertainment Holdings, Inc. (NYSE:AMC) will report its first quarter earnings on May 9, 2022, after market close. The company will conduct a webcast at 4:00 p.m. CDT (5:00 p.m. EDT) to discuss the results, during which participants can submit questions. AMC is the largest theatrical exhibition company globally, operating approximately 950 theatres with 10,500 screens. Investors can access the earnings webcast via the Investor Relations section of AMC's website.

National CineMedia, Inc. (NCMI) will announce its fiscal Q1 2022 earnings results on May 9, 2022, after market close. A conference call is scheduled for 5:00 PM ET to discuss these results, accessible via a dedicated phone line and a live audio webcast. NCMI owns 47.4% of National CineMedia, LLC, the U.S.'s leading cinema advertising network, reaching over 20,700 screens in more than 1,600 theaters. Stakeholders can access replays of the call and webcast until May 23, 2022.

Jodie Comer makes her West End debut in the UK premiere of Prima Facie, directed by Justin Martin. The solo play will be captured live at the Harold Pinter Theatre in London and released to cinemas on July 21 at 7:00pm. The production explores themes of law and morality through the story of Tessa, a young barrister. Tickets are available at FathomEvents.com.

AMC Theatres has signed an exclusive agreement with Cinionic to install cutting-edge laser projectors in 3,500 U.S. auditoriums by 2026. This upgrade, valued at approximately $250 million, requires minimal upfront investment from AMC. The collaboration aims to enhance the on-screen experience, offering improved picture contrast, brightness, and color. The initiative also emphasizes environmental benefits by reducing energy consumption and waste from traditional xenon bulbs. The deployment will commence in 2023, reaffirming AMC's commitment to premium cinema experiences.

AMC Theatres has finalized the acquisition of seven locations in Connecticut, upstate New York, and Annapolis, Maryland, set to open between April 21 and the end of April. This deal significantly increases AMC's presence in Connecticut, more than doubling its locations there. The newly acquired theatres include Marquis 16 and Landmark 8, which feature modern amenities such as all-recliner seating. AMC aims to retain all associates at these locations and is in talks for further acquisitions.