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.
21.07.2021 - 16:13 / deadline.com
AMC Entertainment Wednesday said it’s expanded the role of CEO Adam Aron to include chairman of the board, and selected Ambassador Philip Lader to serve as lead director.
As previously announced, current non-executive chairman of the board, Lin Zhang, and Mao Jun (John) Zeng, both of Wanda, are stepping down as AMC directors following Wanda’s sale of most of its AMC shares. That giant theater chain is holding its annual shareholders meeting on July 29.
As CEO, “Aron has overseen the Company’s
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.
AMC CEO Adam Aron said the company has signed letter of intents on six of the locations being looked at, with three in Los Angeles, two in Chicago and one in Atlanta. Two of the Los Angeles locations are the former Pacific Theatres locations at the Grove in West Los Angeles and the Americana in Glendale, which will reopen later this month.
We already knew that AMC took over two older Pacific Theatres leases at Rick Caruso’s The Grove in L.A. and Americana at Brand in Glendale, however, today CEO Adam Aron announced on the recent earnings call that eight out of his upcoming ten new locations are former Arclight locations.
AMC 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 year.
In what doesn’t come as shocking news, AMC Entertainment chairman-CEO Adam Aron said that the No. 1 theater chain has inked a deal with Warner Bros. ensuring a 45-day theatrical window for the studio’s releases in 2022. Warner had previously hammered out a 45-day theatrical window with No. 2 circuit Cineworld, and its U.S. counterpart Regal, earlier this year as the Burbank, CA was slammed by the industry and talent reps for its day-and-date theatrical-HBO Max streaming model.
AMC Entertainment saw revenue surge to $444 million last quarter from a pandemic-stalled $18.9 million a year ago. Net losses narrowed to $349 million from $561 million. Both beat Wall Street estimates, plumping the volatile stock by more than 7% in late trading.
Matt Donnelly Senior Film WriterParamount Players’ upcoming adaptation of the New York Times bestselling novel “Razorblade Tears” has found its screenwriter in Sherman Payne.Payne, best known for the HBO Max original “Charm City Kings,” will adapt S.A. Cosby’s acclaimed novel for the studio division.
BEIRUT -- The artist meticulously cuts small pieces of yellow and red glass, then lays them in a pattern to recreate the stained-glass windows that were the trademark of Beirut’s Sursock Museum, shattered in last year’s port explosion.Conservators, hunched over with magnifying glasses, fill lines of paint loss caused by the explosion with their brushes and weave together tears thread by thread under microscope.
AMC Entertainment CEO and newly anointed chairman Adam Aron is having a moment with shareholders — that army of retail investors he said in June numbered approximately 4.1 million and own more than 80% of the stock. Some of them found it hard to access the company’s annual meeting Thursday, which was held in person at AMC’s Leawood, Kansas HQ, sparking social media discontent and claims of secrecy.
Selome Hailu editorEntertainment One announced that Jillian Share will join the company as co-president of production in the film division on Aug. 2. Share will work with current president of film production Zev Forman to oversee the division’s day to day activities and expand the studio’s development and production of films based on IP from Hasbro brands, as well as other original features.
Real Husbands of Hollywood is making a comeback. BET+ has greenlighted a six-episode limited series revival of the hit BET reality TV parody show from Kevin Hart’s Hartbeat Productions and Jesse Collins Entertainment. The show is currently in production in Los Angeles with a premiere date TBD.
The revival series And Just Like That… continue to bulk up its roster of talent with the newly announced casting of Cree Cicchino (Mr. Iglesias, Game Shakers), Cathy Ang (Over the Moon, Ramy), and Niall Cunningham (Life in Pieces, Curb Your Enthusiasm).
Naman Ramachandran Songwriter and producer Robert J. Sherman is continuing his family’s rich musical legacy by teaming with finance professionals Bret Goldin and Andrew Kaplan to form Sherman Theatrical Entertainment.The new company will bring the acclaimed theatrical productions of Robert J.
Will.i.am Hosts ITV Race Film ITV has commissioned The Voice UK coach will.i.am to front Will.i.am: The Blackprint, a documentary examing what it means to be Black and British. Produced by Twofour as part of a season of shows for Black History Month, will.i.am will travel the UK meeting Black Brits and will compare their experiences with his own, having grown up in Los Angeles.
Rob Jonas has been named CEO of P-MRC Data, a joint venture of Penske Media and MRC and database of global music and entertainment consumption, behavior and trends, powering the Billboard and Rolling Stone charts.
EXCLUSIVE: Yotam Guendelman, Mika Timor and Ari Pines, the Israeli filmmakers behind Netflix true-crime doc Shadow of Truth, have struck a first-look deal with Ample Entertainment.
sold virtually all of its AMC shares in May. “First, I want to express my deepest and sincerest thanks to Lin Zhang and Mao Jun Zeng for their contributions to AMC’s success and for their many years of service as members of AMC’s board of directors,” Aron said in a statement.
Investors and potential buyers are taking interest in Ron Howard and Brian Grazer’s Imagine Entertainment, Deadline has confirmed.
Angelique Jackson Oscar-winning filmmaker Rodney Rothman (“Spider-Man: Into the Spiderverse”) and former MGM co-president of production Adam Rosenberg have teamed up to launch the new “event entertainment” company, Modern Magic.“Helping lead the team that made Into the Spider-Verse was a life-altering experience that forever changed what I thought was possible,” Rothman said, announcing the new venture.