AMC Theatres Attendance Drops 10%, Quarterly Revenues Fall

“Avatar: Fire & Ash,” “Wicked: For Good” and “Zootopia 2” may have dominated the holiday box office, but they weren’t enough to lift AMC Theatres’ quarterly earnings. The world’s largest exhibitor reported that revenues for the three-month period ending in December topped out at $1.28 billion, down 1.4% from the $1.3 billion it recorded a […]

23 Feb, 13:37 — 23 Feb, 14:41

Moderate (29/100)

3 sourcesNo spread1 region

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Why this matters

The financial health of major cinema chains like AMC Theatres is a key indicator for the broader movie exhibition industry, which has faced significant headwinds in recent years from the rise of streaming services and changing consumer entertainment habits. A substantial drop in attendance and revenue, even with new releases, signals ongoing challenges for theaters to attract audiences back to the big screen. This performance directly impacts investor confidence and the long-term viability of the theatrical model.

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Key entities

AMC EntertainmentMajor cinema chain HollywoodFilm content industry InvestorsFinancial stakeholders

Coverage Timeline

First report: hollywood-reporter · 23 Feb, 13:37|Full coverage: All 3 sources within 1h|Window: 1h

hollywood-reporter23 Feb, 13:37First to report

AMC Theatres Grapples With Nearly 10 Percent Attendance Drop In Latest Quarter

variety23 Feb, 14:03

AMC Theatres Attendance Drops 10%, Quarterly Revenues Fall

deadline23 Feb, 14:41Latest update

AMC Entertainment Shares Tumble To New Low On 10% Drop In Attendance During Fourth Quarter

Read at source (3 outlets)

deadline2h ago

AMC Entertainment Shares Tumble To New Low On 10% Drop In Attendance During Fourth Quarter

Shares in top exhibitor AMC Entertainment tumbled 3% to a multi-year low of $1.16 on Monday after the company reported a 10% drop in attendance during the October-to-December quarter. Total revenue slipped a fraction to $1.288 billion in the period ended December 31, while net losses per share eased to 25 cents from 35 cents […]

By Dade Hayes

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variety3h ago