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AMC Entertainment Holdings, Inc. reports developments in theatrical exhibition, including operating results, box office attendance, film-release performance and activity across its AMC Theatres and ODEON Cinemas networks. The company operates theatres in the United States and Europe and describes revenue drivers tied to Hollywood releases, independent programming, premium large-format experiences, food and beverage offerings, loyalty and subscription programs, websites and mobile apps.
AMC news also covers alternative and live-event programming, including interactive concert formats hosted in AMC auditoriums, as well as capital-structure actions involving subsidiaries such as Odeon Finco PLC and Muvico, LLC. Recurring corporate updates include earnings webcasts, debt refinancing, exchangeable-note activity and equity-related transactions.
AMC Theatres reports record attendance for SPIDER-MAN: NO WAY HOME, with 1.1 million moviegoers on opening night, marking the highest single-day attendance in AMC history. This performance surpassed previous records for the month of December and was the second highest overall behind AVENGERS: ENDGAME. The film also achieved nearly 99% of AMC’s all-time single-day advance ticket sales record. AMC's expansion and innovation in movie experiences highlight a strong consumer demand for cinema.
AMC Theatres (NYSE:AMC) announces a second movie-themed NFT for AMC Investor Connect members, following positive responses to their initial NFT. This new NFT features a gold-embossed medallion stating, “I Own AMC,” and will be tradable. Current participants and new members who join by December 31, 2021, will receive this NFT by January 31, 2022, at no cost. AMC Investor Connect, established in June 2021, has over 425,000 members and offers perks like concessions and screening access. The NFTs are created in partnership with WAX, a leading carbon-neutral blockchain.
CHRISTMAS WITH THE CHOSEN: THE MESSENGERS has set sales records for Fathom Events, generating over $8 million from 640,000 tickets sold across 1,700 theaters. This event is now Fathom's best-selling and most-attended event ever, with a remarkable $1.5 million in ticket sales within the first 12 hours. The production features a new episode of The Chosen series, exploring the birth of Jesus through the eyes of Mary and Joseph, and includes performances by prominent artists such as Phil Wickham and for KING & COUNTRY.
ReelWorks Studios and Fathom Events announced the spring 2022 theatrical release of their new film, THE MULLIGAN, featuring an all-star cast including Pat Boone, Eric Close, and Tanya Christiansen. The film, based on the book by Wally Armstrong and Ken Blanchard, tells the story of a CEO who seeks redemption in life through golf. Produced in partnership with various golf brands, the movie promises to resonate with audiences beyond just golf enthusiasts, emphasizing family values and second chances.
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.