AMC Entertainment Holdings, Inc. (AMC)

On By Littum





AMC’s total domestic revenue for the weekend includes revenue from admissions along with food and beverage, including merchandise

4.6 million moviegoers saw a movie at AMC Theaters in the US and at ODEON Cinemas, AMC’s international subsidiary, from Thursday to Sunday

ODEON Cinemas recorded its highest single day revenue (admission plus food and drinks) of 2024 on Saturday 23 November

AMC’s domestic merchandise lineup continues to be popular with guests as WICKED merchandise largely sold out on Sunday

AMC will participate in the announced WICKED Singalong showtimes that will hit theaters later in December

LEAWOOD, Kan.–( BUSINESS WIRE )– AMC Theatres® (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, was the popular place to be this past weekend. The company roared to its highest domestic revenue (admissions revenue plus food and beverage, including merchandise) over the pre-Thanksgiving weekend in AMC’s 104-year history. It was also the highest-grossing pre-Thanksgiving weekend domestic opening since 2019, and the third-highest pre-Thanksgiving weekend domestic opening in AMC history. AMC’s success was driven by the strong opening weekends of both WICKED and GLADIATOR II.

Fans flocked to theaters in the United States and internationally as AMC Theaters and ODEON Cinemas combined to welcome 4.6 million moviegoers from Thursday through Sunday.

Domestically, AMC’s merchandise programs for WICKED received a huge thumbs up from fans. WICKED collectibles effectively sold out midway through the weekend. This includes AMC’s two different green and pink popcorn containers based on WICKED’s two main characters Elphaba and Glinda, and the 32-ounce Grippr Cup with two translucent toppers based on Elphaba and Glinda.

AMC is also excited to announce that beginning in late December, select AMC locations will play WICKED Singalong showtimes, specifically designed for fans to sing their hearts out along with the on-screen lyrics. Look for more information on WICKED Singalong show times and locations in the coming weeks.

AMC Chairman and CEO Adam Aron commented:

“Obviously, we are pleased that AMC in our US theaters just recorded our highest pre-Thanksgiving weekend gross in AMC’s history. Likewise, it is absolutely gratifying that a whopping 4.6 million people graced our AMC theaters in the U.S. and Odeon theaters overseas during the four days just completed Thursday through Sunday. What a wonderful way to enter what we expect will be a busy and entertaining holiday movie season.”

Aaron continued:

“We extend our gratitude and congratulations to Jon M. Chu and our partners at Universal Pictures for the success of WICKED, and we also extend our gratitude and congratulations to Sir Ridley Scott and our partners at Paramount for the success of GLADIATOR II. Both films were expertly produced and excellently marketed to their audiences.The result of this past weekend is yet another demonstration that moviegoers want to see these films on the biggest screens, with the biggest sounds and that the theatrical exhibition is ready and able to support multiple blockbuster titles opening on the same weekend.”

AMC Theater locations in the US and around the world will remain busy as we head into the US-based Thanksgiving holiday weekend. The highly anticipated MOANA 2 opens in US cinemas on Wednesday November 27th and in ODEON Cinemas in the UK on November 29th.

Tickets for all US AMC locations are available at amctheatres.com and on the AMC mobile app, and tickets to our international locations are available at odeoncinemasgroup.com/.

About AMC Entertainment Holdings, Inc.

AMC is the largest motion picture exhibition company in the United States, the largest in Europe and the largest worldwide, with approximately 900 theaters and 10,000 screens around the globe. AMC has driven innovation in the exhibition industry by: implementing its Signature power relay chairs; provide enhanced food and beverage choices; generate greater guest engagement through its loyalty and subscription programs, website and mobile apps; offering premium large-format experiences and playback of a wide range of content, including the latest Hollywood releases and independent programming. Additionally, in 2023 AMC launched AMC Theaters Distribution with the highly successful releases of TAYLOR SWIFT | THE ERAS TOUR and RENAISSANCE: A FILM BY BEYONCÉ. AMC Theaters Distribution expects to release several concert films featuring the world’s leading musical artists in the coming years. For more information, visit www.amctheatres.com.

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Source: AMC Entertainment Holdings, Inc.

Published November 25, 2024