Top movie theater circuit AMC Entertainment offered investors a preview of its first-quarter financial results late Friday, with key metrics coming in ahead of Wall Street expectations.
08.04.2024 - 13:15 / variety.com
Brian Steinberg Senior TV Editor AMC Networks plans to offer ad-supported versions to all of its targeted streaming services by the end of the 2024-2025 upfront market, part of a broader bid to give advertisers a potential perch in nearly every video venue. AMC in late 2023 launched an ad-supported edition of its flagship AMC+ streaming venue, which comprises offerings from Shudder, Sundance Now and IFC Films Unlimited. Now, it wants to offer plans tied to those individual hubs, as well as other services, outside of an overarching AMC+ plan.
This launch will introduce stand-alone ad-supported versions of Shudder, AcornTV, HIDIVE, ALLBLK, Sundance Now and IFC Films Unlimited. The company also operates several FAST channels that also feature commercials. Shudder is focused on horror; Acorn on series from Britain, Australia, Ireland, France and elsewhere; HIDIVE on Japanese anime; and ALLBLK on content tailored to Black consumers.
“Our message to our partners is that we have really taken a lot of time and resources and done a lot of work to build out an infrastructure that meets you where you need to be,” says Kim Kelleher, AMC Networks’ chief commercial officer, during a recent interview. “We have put together our very fragmented audience across platforms in a way that should be seamless.” AMC enters TV’s upfront sales season facing many of the challenges of its larger counterparts. Linear ratings are in decline and ad demand has been muted for several quarters owing to economic unrest and changes in how Madison Avenue outlays its dollars for media.
Top movie theater circuit AMC Entertainment offered investors a preview of its first-quarter financial results late Friday, with key metrics coming in ahead of Wall Street expectations.
Comcast said chairman and chief executive Brian Roberts‘ pay package for 2023 totaled $35.47 million, up from $32 million the year before. It included a $2.5 million base salary, stock awards valued at about $15 million, $9.2 million in option awards and $8.55 million in what’s called non-equity incentive plan compensation – like a cash bonus.
Rebecca Rubin Senior Film and Media Reporter AMC Theatres, the world’s largest cinema chain, is leaning into distribution. The company is expanding its distribution team with a key hire and promotion, underscoring its committment to releasing its own movies in addition to showcasing titles from traditional and independent studios. AMC Theatres launched its distribution team with the premieres of last year’s concert films, “Taylor Swift: The Eras Tour” and “Renaissance: A Film by Beyoncé.” Stephanie Terifay has joined AMC in the newly created position of VP of Distribution.
News networks descended on Central London this morning to cover an astonishing scene as six horses ran wild through the streets, some covered in blood.
It’s been a minute since we’ve heard from “Orphan Black: Echoes,” the series spin-off of AMC’s hit series, “Orphan Black,” which ran for five seasons between 2013 and 2017 and turned Tatiana Maslany into a star. Last we heard, “Orphan Black: Echoes” had a TBD 2024 date, but recently, a new trailer revealed a June 23, 2024 release date on AMC.
“Winnie the Pooh: Blood and Honey” in 2023. Though Disney still owns the rights to animated versions of “Winnie the Pooh,” the original story in AA Milne’s book on the honey-loving teddy bear entered the public domain on Jan.
Hilarie Burton and Jeffrey Dean Morgan are enjoying a rare night out!
The Labour Party has pledged to follow the route of Greater Manchester and end the 'postcode lottery' of bus services by speeding up the franchising process.
AMC CEO Adam Aron continued to pour cold water on any notion that his No. 1 circuit is headed for Chapter 11.
UK fans of Vanderpump Rules, Below Deck, or The Real Housewives can now indulge in their favourite Hayu episodes for free, thanks to Sky's latest streaming deal. What makes this deal even better is that it won't cost you a penny more than your TV subscription.
Annika Pham Copenhagen-based REinvent International Sales has closed Spain and Portugal with AMC Networks International Southern Europe, on the Finnish suspense disaster drama “Seconds”, Variety has learned exclusively. One of REinvent’s MipTV highlights, “Seconds,” made a strong debut on Finnish pubcaster Yle this week, according to head of drama, Jarmo Lampela. “It will easily go over the average viewing target,” he said.
AMC Networks International has installed Antonio Ruiz, Warner Bros. Discovery’s former UK and Ireland General Manager, as its boss in Spain and Portugal.
AMC Networks is rolling out cheaper, ad-supported tiers for all of its niche streaming services after putting ads on its flagship AMC+ bundle late last year.
Rebecca Rubin Senior Film and Media Reporter Will pink and black loom large this week in Las Vegas? After all, this Monday kicks off CinemaCon, the annual exhibition industry trade show and weeklong opportunity for studios and theater operators to wax poetic about the magic of going to the movies. And in 2023, there was no greater manifestation of the claim that the movie business is back than the cultural craze of “Barbenheimer.” The inextricably linked “Barbie” and “Oppenheimer,” complete with double features of the cotton-candy-coated and ultra-dark blockbusters, dominated the zeitgeist for months on end. But just as the past can serve as a reminder of the collective joy of moviegoing, last year’s events may also plague the industry.
Thank God — with hits like Dune: Part Two, Godzilla x Kong: The New Empire and Kung Fu Panda 4, the domestic box office may finally be shaking off the ashes from the double strikes, now counting close to $1.8 billion, with moviegoing gaining momentum.
AMC Entertainment chief executive Adam Aron saw a 2023 compensation package of $25.4 million — up from $23.7 million a year ago – inflated by stock awards worth $17.9 million along with a cash bonus of $6 million bonus and a $1.5 million base salary.
Bambi: The Reckoning, the latest instalment of their B-movie horror franchise centred around beloved children’s characters.In the teaser, which you can watch above, two hunters are seen practicing shooting in the woods with a dead bird tied to a tree. “You ever shot a deer?” one of them asks. “No.
AMC Networks has released a sneak peek for Season 2 of “The Walking Dead: Daryl Dixon,” this time subtitled “The Book of Carol.” Normal Reedus is reunited with “The Walking Dead” co-star Melissa McBride in the new season, which is set to premiere this summer on AMC and AMC+. Reedus and McBride reprise their roles as Daryl Dixon and Carol Peletier in the series. The official Season 2 description reveals that “they both confront old demons while she fights to find her friend and he struggles with his decision to stay in France, causing tension at the Nest.” The rest of the cast includes Clémence Poésy, Louis Puech Scigliuzzi, Laika Blanc Francard, Anne Charrier, Romain Levi and Eriq Ebouaney.
Aramide Tinubu People can grow, but they rarely change. When backed in a corner or placed in impossible situations, it’s human nature to revert to what you’ve always known. Base instincts kick in, and often, we find ourselves walking down the same paths we’ve sworn we’d never return to.
AMC Networks has set a summer premiere date for the Krysten Ritter-led Orphan Black: Echoes, an original series set in the world of Orphan Black. The spinoff will premiere Sunday, June 23 on AMC, AMC+ and BBC America.