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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.
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AMC Theatres reported a remarkable attendance increase during Labor Day weekend 2021, surpassing pre-pandemic levels. Over two million moviegoers attended AMC's U.S. locations, aided by the blockbuster SHANG-CHI AND THE LEGEND OF THE 10 RINGS, which grossed $90 million domestically. This marks the first weekend since the pandemic began when AMC's attendance exceeded the same weekend in 2019. Additionally, AMC achieved a new admissions-revenue record for Labor Day since 2013.
National CineMedia (NCMI) has announced the return of Maria Woods as Executive Vice President and General Counsel. Woods, who previously held key positions at NCM, will report to CEO Tom Lesinski and will be based in Denver. With over 25 years of legal experience, she returns from JumpCloud, where she served as General Counsel. Her background includes managing complex financial transactions and corporate governance. NCM is the largest cinema advertising network in the U.S., partnering with major theater circuits like AMC and Cinemark.
Fathom Events will release the film "Sabina: Tortured for Christ, the Nazi Years" in theaters from Nov. 8-10, 2021. This true story follows Sabina Wurmbrand and her husband Richard, co-founders of The Voice of the Martyrs, depicting her bravery during WWII as a Jewish Christian risking her life for others. The film highlights themes of faith, forgiveness, and religious persecution. It has received accolades including Best Feature at the Christian Worldview Filmmakers Guild and will offer a unique perspective on historical events and personal faith journeys.
National CineMedia (NCMI) has appointed Amy Tunick as its first Chief Marketing Officer (CMO). Tunick will lead the integrated marketing team, focusing on brand strategy, consumer marketing, and public relations. Her experience spans over two decades in media and marketing with notable companies like WarnerMedia, where she directed campaigns for CNN. Tunick aims to drive growth as audiences return to theaters post-COVID-19. NCMI, the largest cinema advertising network in the U.S., operates across 51 theater circuits including AMC and Cinemark.
AMC Theatres has partnered with Whip Media to enhance its AMC Theatres On Demand video service. This collaboration will streamline the management of the video-on-demand (VOD) supply chain, providing a comprehensive online infrastructure. With access to over 5,000 movies from major studios and independent distributors, AMC aims to improve the experience for its AMC Stubs members. Nikkole Denson-Randolph, VP of Content Strategy at AMC, highlighted the partnership's role in driving growth and efficiency.
National CineMedia (NCM), the largest cinema advertising network in the U.S., announced the appointment of Daniel Hahn as Senior Vice President of East Coast Sales, effective September 1. Based in New York, Hahn will focus on enhancing sales strategy and revenue growth for NCM's on-screen and integrated advertising. He brings extensive experience from Adobe and Discovery, well-suited for boosting advertising revenue as cinema audiences rebound this summer.
AMC Entertainment Holdings, Inc. (NYSE: AMC) reported its second quarter results for the period ending June 30, 2021. The results highlight AMC's position as the largest movie exhibition company globally, operating approximately 950 theatres and 10,500 screens. The company continues to innovate within the industry, introducing features like power-recliner seats and enhanced food options. Investors can access the full financial results on AMC's Investor Relations website, with a live webcast scheduled for August 9, 2021, at 4:00 p.m. CDT.
The third installment of the popular franchise, After We Fell, is set to debut in U.S. theaters on September 30, 2021. Starring Josephine Langford and Hero Fiennes Tiffin, this film follows the tumultuous romance between Tessa and Hardin as they face significant life changes. Tickets will be available for purchase beginning August 6, 2021. Directed by Castille Landon and based on Anna Todd's best-selling series, the film follows the couple as they navigate complex emotions and life choices.
AMC Entertainment Holdings, Inc. will report its Q2 2021 results on August 9, 2021, after market close. The company has partnered with Say Technologies to engage its 4 million retail investors, offering an online platform for submitting questions prior to the earnings webcast. Management will address strategic priorities and financial position, but will not discuss trading volatility of AMC stock due to legal constraints. The earnings webcast is set for 4:00 p.m. CDT and will be accessible on AMC's Investor Relations website.