Welcome to our dedicated page for Amc Entmt Hldgs news (Ticker: AMC), a resource for investors and traders seeking the latest updates and insights on Amc Entmt Hldgs stock.
AMC Entertainment Holdings Inc. (NYSE: AMC) maintains this centralized news hub for tracking official corporate developments in the theatrical exhibition sector. Our curated feed provides investors and industry observers with verified press releases spanning operational updates, strategic partnerships, and financial disclosures.
This resource enables efficient monitoring of AMC's market initiatives, including innovations in multiplex operations, guest experience enhancements, and international expansion efforts. Users will find chronological updates covering earnings reports, leadership changes, theatre network developments, and cinema technology implementations.
All content undergoes strict verification to ensure compliance with financial disclosure standards. The archive serves as both a research tool for fundamental analysis and a historical record of AMC's evolving business strategy within the entertainment landscape.
Bookmark this page for direct access to primary source materials from AMC's corporate communications team, updated continuously as new developments emerge in cinema operations and market positioning.
AMC Theatres, the largest theatrical exhibitor globally, reported that ticket sales for SPIDER-MAN: NO WAY HOME on November 29 reached the second highest daily sales in its history, just 1.5% short of the record set by AVENGERS: ENDGAME. This surge was driven by an NFT promotion in collaboration with Sony Pictures, offering 86,000 NFTs to qualifying members. All NFTs were claimed on the sales day. The film opens exclusively in theaters on December 16.
WAX Blockchain has been selected by Sony Pictures and AMC Theatres for the Spider-Man: No Way Home NFT promotion, marking a historic collaboration between a film studio and a major theater chain. The decision was influenced by WAX's eco-friendliness and user-friendly NFT process, which requires no gas fees. AMC members will receive exclusive NFTs with ticket purchases, totaling 86,000 available units. WAX is noted for processing 15 million daily transactions and being carbon neutral, making it the leading platform in NFT sales among layer-1 blockchains.
National CineMedia (NCMI) will participate in the Bank of America Securities Leveraged Finance Conference on November 30 - December 1, 2021. CEO Tom Lesinski and CFO Ronnie Ng are scheduled to present on November 30 at 4:30 PM EST and will be available for one-on-one meetings with investors during the conference. NCM operates the largest cinema advertising network in the U.S., with a presence in over 1,600 theaters and reaching audiences through its Noovie pre-show in collaboration with major theater chains like AMC and Cinemark.
AMC Entertainment has announced a limited promotion offering up to 86,000 Spider-Man NFTs for members of its AMC Stubs Premiere, A-List, and Investor Connect who purchase tickets for SPIDER-MAN: NO WAY HOME on December 16, 2021. This initiative marks AMC's first NFT promotion in collaboration with Sony Pictures. NFTs are expected to be available for a short time, with ticket sales commencing on November 29. Codes for the NFTs will be emailed on December 22, and redemption must occur by March 1, 2022.
Dreamscape, an immersive virtual reality company, is set to launch its next venue at AMC Garden State in Paramus, New Jersey on November 19, 2021. This venue marks the company's east coast debut and offers three popular VR experiences, including Alien Zoo and DreamWorks Dragons: Flight Academy. Adam Aron, CEO of AMC, emphasized the partnership's goal to enhance entertainment offerings. The venue aims to attract audiences from the New Jersey and New York metro area, contributing to Dreamscape's ongoing expansion across the U.S. and internationally.
National CineMedia (NCM) has partnered with NuTime Media to form specialized cinema advertising networks targeting African-American and Hispanic audiences. This initiative combines NCM's cinema reach with NuTime's expertise, allowing marketers to access diverse consumer groups effectively. NCM’s Black Cinema Network will serve 393 theaters and 5,400 screens, reaching 11.4 million viewers monthly, while the Hispanic Cinema Network spans 449 theaters and 6,000 screens, targeting 15.4 million viewers. This collaboration aims to capitalize on the rising spending power of these demographics.
AMC Entertainment Holdings reported its third-quarter results for the period ending September 30, 2021. As the largest movie exhibition company globally, AMC continues to innovate within the industry with features like power-recliner seats and enhanced food choices. The company will hold a live webcast for investors on November 8, 2021, at 4:00 p.m. CST. Investors can access the results and webcast details on the AMC Investor Relations website.
National CineMedia, Inc. (NCMI) reported a 428.3% increase in Q3 2021 revenue to $31.7 million, compared to $6.0 million in Q3 2020. Despite this growth, net loss widened to $15.2 million, or $0.19 per diluted share. The company maintained its quarterly cash dividend at $0.05 per share. CEO Tom Lesinski highlighted a resurgence in advertising demand following successful box office performances, indicating a recovery in cinema attendance. However, uncertainties around COVID-19 continue to affect revenue forecasts for the year.
AMC Theatres (NYSE:AMC) is partnering with Disney to host surprise screenings of four fan-favorite films from November 12-14 at over 200 locations in the U.S. Each film, accompanied by a Disney short, will play once per day. Tickets are priced at $5, and attendees will receive an exclusive double-sided Disney+ poster along with a $5 concession offer. This initiative celebrates the second anniversary of Disney+ and marks a strategic collaboration to boost attendance and engagement in theaters, enhancing the movie-going experience for families and fans alike.
AMC Entertainment is expanding its business model to tap into the multi-billion dollar popcorn market. Starting in 2022, AMC will open up to five kiosks and counters in shopping malls, selling its famous AMC Theatres Perfectly Popcorn. Additionally, AMC plans to offer food delivery services for popcorn, takeout 'To Go' packages, and prepackaged microwaveable popcorn available in supermarkets later in the year. This diversification aims to create a new revenue stream while enhancing customer accessibility to their favorite movie snacks.
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