AMC CEO says theater chain is going 'on offense' with its $2 billion in liquidity

Brasil Notícia Notícia

AMC CEO says theater chain is going 'on offense' with its $2 billion in liquidity
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

AMC CEO Adam Aron says the theater chain is going “on offense” with its $2 billion in liquidity.

has staved off bankruptcy and is looking to do more than just survive in the next few years — the company's CEO Adam Aron says he is going on the offensive.

Armed with $2 billion in liquidity, which the theater chain garnered the from strategic stock sales in the last year, AMC is seeking out new cinema leases, investing in upgrades to its current theaters, offering new payment options such as bitcoin and increasing the variety of its content offerings to include sports and pretaped concerts..

To appease its new retail investors, of which there are millions, AMC plans to have technology in place by year-end to

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

CNBC /  🏆 12. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

AMC Entertainment Will Accept Bitcoin For U.S. Tickets, Concessions By Year End – CEO Adam AronAMC Entertainment Will Accept Bitcoin For U.S. Tickets, Concessions By Year End – CEO Adam AronAMC Entertainment chairman-CEO Adam Aron said the chain will be technologically equipped to start accepting Bitcoin payments for U.S. movie tickets and concessions ordered online by the end of the …
Consulte Mais informação »

AMC CEO Thinks New Lockdowns Unlikely Despite Covid Surge: “The Big Change This Winter Is Vaccinations”AMC CEO Thinks New Lockdowns Unlikely Despite Covid Surge: “The Big Change This Winter Is Vaccinations”AMC Entertainment CEO Adam Aron sees two things protecting the circuit in the face of surging Covid cases trigered by the Delta variant – its own Safe & Clean protocols, and vaccinations. &822…
Consulte Mais informação »

Warner Bros., AMC Strike 45-Day Exclusive Theatrical Window Deal for 2022Warner Bros., AMC Strike 45-Day Exclusive Theatrical Window Deal for 2022'We're especially pleased Warner Bros. has decided to move away from day-and-date,' AMC chief Adam Aron said. The pact was sealed several months ago.
Consulte Mais informação »

AMC Earnings Beat Projections, Stock SurgesAMC Earnings Beat Projections, Stock SurgesNew blockbuster films like “Fast 9” and “A Quiet Place Part II” bolstered revenues at AMC Entertainment, even as the reemergence of a new and highly contagious variant of co…
Consulte Mais informação »

AMC Entertainment’s Revenue Surges as Moviegoers Return to TheatersAMC Entertainment’s Revenue Surges as Moviegoers Return to TheatersAMC's revenue tripled in the June quarter from the year’s first three months, as moviegoers returned to theaters in the spring amid increased vaccinations and subsiding pandemic restrictions
Consulte Mais informação »

AMC Theatres and Warner Bros. Agree to Shorten Theatrical WindowAMC Theatres and Warner Bros. Agree to Shorten Theatrical WindowAMC CEO Adam Aron floated the idea that the exhibitor might partner with GameStop to host events for gamers. GameStop has also seen its shares surge as investors have taken up its cause, bought shares and beaten back short-sellers.
Consulte Mais informação »



Render Time: 2025-04-05 15:16:22