AMC Ent. Stock Pops As CEO Talks M&A; Says Streamers, Theaters Can Coexist; Missed Oscar Slap

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AMC Entertainment CEO Adam Aron said there’s room for both cinemas and streamers in the current marketplace and the latter would benefit from wider theatrical release of films

“I’ve been saying for years that the market is big enough for theaters and streamers to coexist.

We’ve been involved with the streamers, especially Apple, Amazon and Netflix, for years trying to convince them to show their movies in our theaters as well as stream them. If we can convince them accordingly, I think they will even be more successful than they are now, or were last night, and AMC as well,” he said this morning.

 

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Why do exhibitors always put Top Gun: Maverick alongside films like Jurassic World Dominion and Avatar 2 as it's never going to be as big as those films as there is still the question over who is it's target audience as was the case with Ghostbusters Afterlife

*audible gasp*

Agreed. Especially here in the UK. Some films are only out for a week at the majority of cinemas. Take X for example, very few screenings and a very small time frame.

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