Tag: AMC
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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.…
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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,…
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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…
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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…
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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…
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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…
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AMC Networks ‘On Track’ to Reach 9 Million Subscribers Across Streaming Services
AMC reported Q1 2021 financial results Friday morning, missing revenue estimates and dropping 5.8% year over year with total net revenues at $691.7 million. A 7% drop in advertising revenue impacted the results for the quarter, which AMC said was “due to shifts in the timing of the airing of original programming and lower delivery,…
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AMC Networks Reaches 6 Million Streaming Subscribers Across AMC+, Acorn TV, Shudder, Sundance Now & ALLBLK
In a Q4 earnings report released Friday morning, AMC Networks noted growth of 157% year over year across its streaming services. AMC Networks owns AMC+, Acorn TV, Shudder, Sundance Now, and ALLBLK. President and Chief Executive Officer Josh Sapan said that streaming is the most significant area of growth for the company. The company…
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Study: 25% of US Broadband Households Prefer Home-Viewing to Theaters
Viewing habits have been steadily shifting over the last decade, primarily with a swing toward streaming. But up until recently, it seemed as though movie-watchers still enjoyed going to the theater to catch the newest release. Now, new research from Parks Associates shows one-quarter of US broadband households say they would rather watch a new…
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AMC is Selling Off 200M Shares in an Effort to Survive
The Covid-19 pandemic has landed AMC Entertainment in some deep water. The theater chain has been hit hard by the lack of business and having to shut down its locations during lockdowns. Now, AMC has filed with the SEC to sell up to 200 million shares as a way to liquefy some assets into cash.…