AMC Entertainment Reports Revenue Drop Amid Fewer Blockbuster Releases

Reported 18 days ago

AMC Entertainment announced a decline in third-quarter revenue and theater attendance due to a lack of major film releases, following disruptions from actor and writer strikes. Revenue decreased by 4.1%, totaling $1.35 billion, and attendance fell by 11.5%. Despite these challenges, CEO Adam Aron remains optimistic about future improvements in the industry.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis