Tag: AMC
-
AMC Entertainment is Facing Possible Bankruptcy Unless Settlement Reached Between Shareholders
Despite a big box office weekend, things are looking grim over at AMC Entertainment. The company has been skirting bankruptcy for quite some time now, spurred on by a significant decline in theatergoers since 2020. The ongoing writers’ strike coupled with the recent actors’ strike looks to be adding additional pressure on AMC Entertainment’s financial…
-
AMC Closes the Curtains on Preferred Seating Price Trials After Public Outcry
AMC tried a new tactic to fill front-row seating in theaters by offering discounted prices compared to more preferable spots. Theaters were split up into three seating tiers, each with its own ticket price for the same movie. After a few months of testing, the audiences were mostly indifferent. The Sightline at AMC pilot test…
-
A New Walking Dead Spinoff Series is Coming & Gets a Title
Rick and Michonne’s story isn’t over yet. Last year, The Walking Dead franchise announced the pair would star in an upcoming spinoff series. Filming began in February and wrapped up in May – now the title has been revealed. In The Walking Dead: Rick and Michonne, Andrew Lincoln and Danai Gurira return to their roles…
-
AMC Lost 300,000 Subscribers to Its Streaming Services As It Struggles to Handle The Growth of Cord Cutting
Today AMC announced its 1st quarter 2023 earnings and reported that it lost 300,000 subscribers to its streaming, including AMC+, Shudder, and SundanceNow. In total, AMC has 11.5 million subscribers to its streaming services as of March 31st, 2023. AMC did report revenues up 1% to $717 year-over-year, even though ad revenue was down 20%.…
-
3 Cord Cutting Stories You Should Know About For April 18th 2023
Welcome to our new quick cord cutting roundup, breaking down three of the biggest cord cutting stories every weekday. Each day we cover a wide range of cord cutting stories, but this quick breakdown of the three biggest will make sure you won’t miss out on what is happening in the world of cord cutting.…
-
VIZIO and AMC Networks Expand Partnership, Building on the Popularity of Free Streaming Channels
Announced today, VIZIO will have an expanded partnership with AMC Networks, bringing even more of the company’s broad range of premium programming to VIZIO Smart TVs. This partner includes the addition of the AMC+ app, which features nine free streaming channels and 159 on-demand feature films available on VIZIO’s free streaming service, WatchFree+. Katherine Pond,…
-
Want AMC Movie Theater Popcorn At Home? It is Coming to Walmart
Cord cutting, along with new large-screen TVs, has made it easy to get the movie theater experience at home. The one thing you may be missing, though, is the fresh movie theater popcorn. Now AMC Entertainment and Walmart have teamed up to bring AMC movie theater popcorn to your home. Later this year, AMC Entertainment…
-
AMC’s Streaming Strategy is Failing as Cord Cutting Grows
In late 2022, AMC announced to staff plans to lay off about 20% of their workforce. This comes as cord cutting has continued to cut into the profits at AMC. According to a memo the Wall Street Journal got access to from AMC Chairman James Dolan, AMC’s streaming plans are failing. The memo indicates AMC…
-
AMC is Airing a ‘Breaking Bad’ Marathon Every Weekend Leading up to the ‘Better Call Saul’ Season 6 Premiere
The long awaited return of Better Call Saul is fast approaching with Part I of the final Season 6 set to air its first two episodes April 18. AMC is making sure you’re in the mood and brushed up on all of your Saul Goodman knowledge by airing a Breaking Bad marathon during the five…
-
WarnerMedia Makes Deal with AMC for 45 Day Exclusive Theatrical Window
WarnerMedia and AMC have made a deal that will bring back an exclusive 45 day theatrical window for Warner Bros. movies in 2022. The agreement follows a similar deal between WarnerMedia and Cineworld. AMC CEO Adam Aron announced the deal during AMC’s earnings call on Monday. “We’re especially pleased Warner Bros. has decided to move…