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In May 2012, AMC Theatres was acquired by Chinese conglomerate Wanda Group, headquartered in Dalian, who paid $2.6 billion to acquire AMC's 5,048 screens in 347 theaters in the U.S. and Canada. The deal was finalized on September 4, 2012. [40]
Budget. $25+ million. In September 2021, AMC Theatres began airing a commercial starring actress Nicole Kidman in its theaters and on television. The ad, written by screenwriter Billy Ray, was intended to spur theater attendance following the COVID-19 pandemic by highlighting the "magic" of the movie theater experience.
In 2020, AMC reported a net loss of $4.6 billion. Many locations permanently closed their doors, and revenues for the company plummeted 77.3% to $1.2 billion in 2020, down from $5.5 billion in ...
Adam Aron, the CEO of AMC Theatres, gives me a choice. We’re supposed to have a 20-minute interview in Las Vegas at CinemaCon, a four-day gathering of movie theater owners and Hollywood studios ...
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