AMC Entertainment: Admissions Revenue Hit Single-Week High

Date:

Published: July 31, 2023 at 9:13 a.m. ET

By Will Feuer

AMC Entertainment said admissions revenue at AMC theaters reached a new single-week high after the release of “Barbie” and “Oppenheimer.”

The week from July 21 to July 27 marked a record across U.S. locations and internationally, the company said.

AMC…

By Will Feuer

AMC Entertainment said admissions revenue at AMC theaters reached a new single-week high after the release of “Barbie” and “Oppenheimer.”

The week from July 21 to July 27 marked a record across U.S. locations and internationally, the company said.

AMC said both movies’ momentum continues into their second weekend. Admissions revenue for this past weekend was more than double the admissions revenue for the same weekend last year.

“These two movies, along with the many others playing on our huge silver screens, continue to rewrite what is possible at the box office,” AMC Chief Executive Adam Aron said.

Shares rose 2.4% in premarket trading.

Write to Will Feuer at [email protected]

Share post:

Subscribe

Popular

More like this
Related

The Changing Landscape of Live Streaming and Why Polar Bear is Worth Watching

Tuning in to watch creators is quickly becoming a...

ThreatBook is Recognized as a Strong Performer in Gartner® Peer Insights™ Voice of the Customer for Network Detection and Response

ThreatBook, a global leading provider of AI-driven threat detection and...

Second class letter deliveries could be cut from Saturdays

PA MediaRoyal Mail could be allowed to end the...

ThreatBook has been Named a Representative Vendor in the Gartner® Market Guide for MDR

ThreatBook, a global leading provider of AI-driven threat detection...