Amc Entmt Hldgs Inc Stock Price, News & Analysis

AMC Entertainment (NYSE: AMC) announced that Kevin Connor, Senior Vice President, General Counsel & Secretary, will retire effective March 13, 2025, after 23 years with the company. Edwin (Eddie) Gladbach, currently Vice President, Legal, has been appointed as Interim General Counsel and Secretary.

Connor, who joined AMC in 2002, provided legal oversight for major company milestones, including the 2006 merger with Loews Cineplex Entertainment, AMC's 2013 IPO on NYSE, and the 2016/2017 acquisitions of ODEON/UCI Cinemas, Nordic Cinemas Group, and Carmike Cinemas. He also helped guide AMC through its pandemic recovery in the 2020s.

The company will consider both internal and external candidates for the permanent General Counsel position later this year. Gladbach, who has served as Vice President, Legal since 2009, is among the candidates being considered for the long-term role.

AMC Entertainment Holdings (NYSE: AMC) has announced it will release its fourth quarter and full year 2024 financial results after market close on Tuesday, February 25, 2025. The company will host an earnings webcast through its Investor Relations website, featuring a Q&A session with both equity research analysts and AMC Investor Connect members.

Shareholders can submit questions through the AMC Investor Connect platform from February 17 to February 24, 2025. The webcast will begin at 4:00 PM CST / 5:00 PM EST, with registration opening 15 minutes prior. An archive of the webcast will be available on the company's website for a time afterward.

AMC Entertainment has announced key leadership changes in its content division. Nikkole Denson-Randolph has been promoted to Senior Vice President, U.S. Chief Content Officer, overseeing AMC's U.S. film programming, content acquisition, and movie strategy initiatives. She will report directly to CEO Adam Aron and serve on AMC's Executive Committee.

This change comes as Elizabeth Frank, AMC's former head of Worldwide Programming, departs to become CEO of RealD, AMC's largest 3D partner. Additionally, Juan Antonio Gomez will lead film and content programming internationally for AMC's theatres outside the United States.

During her 16-year tenure at AMC, Denson-Randolph has led significant initiatives including AMC Theatres Distribution's concert films for Taylor Swift and Beyoncé, launched AMC Artisan Films, and established AMC Independent. RealD 3D generated $145 million of AMC's domestic box office in 2024.

Robert Craig Films has released the official trailer and key art for 'No Address', a feature film addressing homelessness, set to premiere in theaters nationwide on February 28 through Fathom Entertainment. The film, inspired by true events, follows individuals experiencing homelessness and features a cast including Lucas Jade Zumann, Beverly D'Angelo, and William Baldwin.

The company has committed to donating 50% of net profits to organizations and churches working to combat homelessness in local communities. The release includes a soundtrack featuring original songs from Ashanti and other artists, launching February 21 via Red Street Records, alongside a novel, study guide, and documentary.

Fathom Entertainment, jointly owned by AMC Entertainment (NYSE: AMC), Cinemark Holdings (NYSE: CNK), and Regal Cineworld Group (LSE: CINE.L), will distribute the film across their network of over 1,100 locations in 45 countries.

National CineMedia (NASDAQ: NCMI), the leading cinema advertising platform in the U.S., has announced plans to host an Investor Day on March 13, 2025 in New York City. The event will commence at 3:00 p.m. ET and will feature presentations from key executives including CEO Tom Lesinski and CFO Ronnie Ng.

The executive team will provide comprehensive updates on the company's strategy, innovation initiatives, and financial performance. While in-person attendance is invitation-only and requires advance registration, interested parties can contact NCM's Investor Relations team at investors@ncm.com.

A live webcast of the event will be accessible through NCM's Investor Relations website (investor.ncm.com), with a replay available afterward on the same platform.

AMC Theatres (NYSE:AMC) has announced a new rewards tier in its AMC Stubs program, called AMC Stubs Premiere GO!, launching January 1, 2025. This new tier allows free AMC Stubs Insider members to upgrade their status by either watching 8 movies or earning 5,000 AMC Stubs points in a calendar year.

The upgraded status includes enhanced benefits such as 2x points for every dollar spent, waived online ticket fees for 4+ tickets purchased simultaneously, a free large popcorn and fountain drink on birthdays, free size upgrades on concessions, and priority lane access. Once achieved, the Premiere GO! status remains valid through the current calendar year and the entire following year.

Members can track their progress toward Premiere GO! status through the AMC app or website. The company continues to offer its paid Premiere membership at $17.99 annually, which provides immediate access to these benefits plus 5x points earning and waived online fees for all ticket purchases.

National CineMedia (NASDAQ: NCMI), the largest cinema advertising platform in the US, has launched the 2025 Young Lions competition, marking its 10th year as US Representative for the Cannes Lions International Festival of Creativity. The competition introduces new partnerships, including the Young Lions Titanium Award sponsored by StrawberryFrog and Mother as the Digital category sponsor.

The competition is open to advertising professionals born after June 20, 1994, who will compete across five categories: Digital, Film, Media, PR, and Print. Winners will form TEAM USA and compete globally at the Cannes Lions Festival. Notable judges include executives from TikTok, T-Mobile, Amazon, and Uber. Registration is open until January 17, 2025, with the competition beginning January 23 and winners announced on April 9, 2025.

NCM will showcase TEAM USA winners in movie theaters nationwide. Monotype joins as the official TEAM USA Outfitter sponsor, providing branded apparel for winners during their trip to France.

Amcor (NYSE: AMCR) has completed the sale of its 50% stake in Bericap North America (BCNA) for $122 million on December 27. The proceeds will be used to reduce the company's debt. The joint venture reported fiscal 2024 total sales of approximately $190 million and adjusted EBIT of $19 million, which were previously consolidated under Amcor's Rigid Packaging business. Amcor's attributable adjusted net income from BCNA for fiscal 2024 was approximately $8 million. The company stated that, after accounting for reduced interest expenses, the transaction is not expected to impact its fiscal 2025 financial outlook.

Fathom Events announces record-breaking performance in 2024 with gross revenues exceeding $145 million, marking a 45% increase from 2023's $100 million. The company will rebrand as Fathom Entertainment in January 2025. Notable successes include special engagements like Coraline's 15th-anniversary release ($34M+), The Chosen Season 4 ($32M+), and The Blind ($17M+).

Co-owned by AMC Theatres, Cinemark, and Regal Cinemas, Fathom operates in 45 countries with over 1,100 locations. The company's growth strategy focuses on longer release windows and special engagements, capitalizing on post-COVID theatrical market changes and audience demand for specialty content.