AMC Theatres Chief Adam Aron Pushes for Paramount Warner Bros. Merger, Says ‘Thanks, But No Thanks’ to State AG’s Blocking Deal

AMC Theatres Chief Adam Aron Pushes for Paramount Warner Bros. Merger, Says ‘Thanks, But No Thanks’ to State AG’s Blocking Deal - Variety
Entertainment

AMC Theatres Chief Adam Aron Pushes for Paramount Warner Bros. Merger, Says ‘Thanks, But No Thanks’ to State AG’s Blocking Deal

- 9 min read - Source: Variety
TOP SUMMARY

The comeback saga rings ever so true for those in the movie theater industry, and for those millions of moviegoers who love to watch dazzling images on...

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Key points

  • The comeback saga rings ever so true for those in the movie theater industry, and for those millions of moviegoers who love to watch dazzling images on the huge silver screens of theaters.
  • The result of both was a much thinned-out movie release calendar that for several years hit theater operators hard.
  • AMC Theatres in the U.S, and our Odeon Cinemas in Europe, are together the world’s largest movie theater operator.
  • I repeat for fans of a comeback, this was AMC’s most successful quarter ever.

What happened

The comeback saga rings ever so true for those in the movie theater industry, and for those millions of moviegoers who love to watch dazzling images on the huge silver screens of theaters. The result of both was a much thinned-out movie release calendar that for several years hit theater operators hard. AMC Theatres in the U.S, and our Odeon Cinemas in Europe, are together the world’s largest movie theater operator. I repeat for fans of a comeback, this was AMC’s most successful quarter ever. Indeed, guests in all age groups flocked to movie theaters. As important as the movie count itself also is the length of time that movies stay exclusively in theaters.

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Source: Variety

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