AMC Entertainment has rejiggered is board, announcing the election of two new directors and one who is exiting.
AMC Entertainment To Offer Co-Branded Visa Card For Stubs Members In Early 2023
14.12.2022 - 15:33 / deadline.com
AMC Entertainment plans to offer a co-branded credit card starting in early 2023 for members of its loyalty program, a first in the theatrical exhibition industry and the latest venture by the movie chain, which will also be rolling out its own popcorn for sale at retailers next year.
The card is a push to attract moviegoers and woo AMC shareholders, which CEO Adam Aron called an “extremely important constituency for whom we care greatly.”
Holders of the volatile meme stock include an army of retail, or individual, investors that Aron works hard to keep engaged and happy. They helped save the company from bankruptcy early last year by bidding up the stock urging each other on social media chatrooms to buy and hold. But AMC has a heavy debt load and its balance sheet has come under renewed pressure lately as the theatrical business struggled to return to pre-pandemic levels.
The AMC Entertainment Visa Card will let holders earn AMC Stubs rewards points with every purchase, with accelerated points at AMC Theatres, as well as gas stations, grocery stores and restaurants.
Basic AMC Stubs members can convert points towards concessions, while A-List and Premiere members can use the rewards for free or discounted movie tickets, including to the latest blockbusters and across all premium formats.
As a promotion, new cardholders who spend at least $50 in the first three months will receive $50 in “AMC Stubs Bonus Bucks” to spend at a theater with within another 90 days.
The company is introducing a waitlist for the card and applicants will be entered into a sweepstakes for an unspecified red-carpet movie premiere with Aron, who has taken to crisscrossing the country for screenings and premieres.
“The AMC Entertainment Visa
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deadline.com
27.12.2022 / 22:57
AMC Entertainment CEO Adam Aron Asks Board To Freeze His Pay; “I Do Not Want More When Our Shareholders Are Hurting”
Adam Aron said today he’s asked the theater chain’s board of directors to freeze his compensation for 2023 given the decline in AMC stock.
deadline.com
22.12.2022 / 17:35
AMC Entertainment Shares Plunge Ahead Of Opening Bell After Company Reveals Plan For Reverse Stock Split, $110 Million Sale Of ‘APE’ Equity To Antara Capital
Shares in top exhibitor AMC Entertainment fell 25% ahead of today’s market opening after the company said it plans to pursue a reverse stock split and has raised $110 million from the sale of “APE” shares.
deadline.com
21.12.2022 / 19:23
AMC Entertainment Talked With Regal Parent Cineworld About Acquiring Theaters In U.S. And Europe, But “Negotiations Are Not Continuing”
AMC Entertainment said it held talks with lenders about potentially acquiring theaters from the portfolio of bankrupt rival Cineworld, which owns Regal Cinemas.
dailyrecord.co.uk
21.12.2022 / 12:29
Castle Douglas Aldi plans to go before councillors in early 2023
Plans for a new supermarket in Castle Douglas are expected to go before councillors early in the new year.
deadline.com
19.12.2022 / 19:19
AMC Entertainment Acquires 13-Screen Former ArcLight Cinema In Boston
AMC has picked up another location, announcing today the acquisition of a the former ArcLight theater located at The Hub on Causeway, a large-scale mixed-use development at North Station in Boston. The 13-screen cinema is new — it opened in December 2019 and closed three months later due to Covid-19.
dailyrecord.co.uk
17.12.2022 / 15:45
Gary Glitter set to be released from prison in early 2023
Paedophile pop star Gary Glitter will be released from prison early next year, according to a report. The 78-year-old, whose real name is Paul Gadd, was jailed for 16 years for attempted rape, unlawful sexual intercourse with a girl under 13, and four counts of indecent assault in 2015.
dailyrecord.co.uk
16.12.2022 / 12:37
ITV Loose Women's Carol McGiffin and Judi Love clash over Harry and Meghan
Harry & Meghan has got everyone talking yet again after the last three episodes of the Netflix documentary dropped on Thursday morning.
dailyrecord.co.uk
16.12.2022 / 12:01
Josip Juranovic in Celtic injury blow with Croatia star to miss World Cup third place playoff
Celtic wing-back Josip Juranovic will not play any further part in the World Cup by being ruled out of the third-place playoff against Morocco - after it emerged that he played 70 minutes injured against Argentina.
deadline.com
16.12.2022 / 11:07
‘Babylon’ Review: Brad Pitt And Margot Robbie Soar In Damien Chazelle’s Wild And Turbulent Ride Through Early Hollywood
After enormous success and Oscars for films ranging from Whiplash to La La Land to First Man Director/Writer Damien Chazelle returned to an early dream project first envisioned 15 years ago, a no-holds barred look at early Hollywood, a time when not only movies were transitioning from silent to sound, but Los Angeles itself was booming from desert to bulging metropolis. People were caught up in a turbulent time of change, and it didn’t always work out for some. As witnessed in the resulting film and years of meticulous research, Babylon is a sight to behold, a decadent, free wheeling, at times even poignant look at a series of dreamers, stars, fringe players, and all who wanted a piece of a world that felt out of control, uninhibited, and full of promise – and downfall.
deadline.com
15.12.2022 / 11:59
Investment Firm Whitney Capital Partners Acquires Stake In Yale Entertainment
EXCLUSIVE: New York-based investment firm, Whitney Capital Partners, led by Jason Kringstein, has acquired a stake in the production and sales company Yale Entertainment.
theplaylist.net
15.12.2022 / 05:17
‘Mayfair Witches’ Trailer: Alexandra Daddario Discovers Her Supernatural Powers In AMC’s Newest Anne Rice Adaptation
One of the most pleasant surprises of 2022 is probably just how good AMC’s “Interview with the Vampire” actually is. Season 1 took many off-guard with its really strong retelling of the classic Anne Rice tale.
theplaylist.net
13.12.2022 / 22:51
‘Mayfair Witches’ Trailer: Alexandra Daddario Discovers Her Supernatural Powers In AMC’s Newest Anne Rice Adaptation
One of the most pleasant surprises of 2022 is probably just how good AMC’s “Interview with the Vampire” actually is. Season 1 took many off-guard with its really strong retelling of the classic Anne Rice tale.
deadline.com
13.12.2022 / 21:25
Dick Wolf’s Wolf Entertainment Bolsters Podcast Business With Stephen Michael Hire
EXCLUSIVE: Wolf Entertainment, the company behind the Law & Order franchise and its many spinoffs, is looking to grow its podcast business with the hire of Stephen Michael.
deadline.com
09.12.2022 / 00:03
Lucas Till, Ruby Rose, Tyrese Gibson & Don Johnson Set For Yale Entertainment’s Action-Thriller ‘The Collective’
EXCLUSIVE: Lucas Till (MacGyver), Ruby Rose (Taurus), Tyrese Gibson (Morbius) and Don Johnson (Knives Out) will topline the action-thriller The Collective from Yale Entertainment, which has recently wrapped production.
dailyrecord.co.uk
07.12.2022 / 15:57
Give the gift of big screen entertainment this Christmas at Vue
This Christmas, give the gift of big screen entertainment this year with a Vue Gift Card – the ultimate present for lovers of the big screen experience.