AMC Theatres® Rewriting Location-Revenue Records Thanks to the Success of BLACK PANTHER
February 20 2018 - 6:45AM
Business Wire
AMC Theatres records biggest Sunday in Company
history as more than 150 AMC locations set admissions-revenue
records for a single title on opening weekend
This past weekend, movie theatres served as the magical portal
to the No. 1 tourist destination in the world: Wakanda. BLACK
PANTHER roared its way to a $201-plus million Friday-Sunday opening
weekend, setting many records along the way, and AMC Theatres®
(NYSE:AMC), the largest theatrical exhibitor in the U.S. and the
world, transported more moviegoers than anyone else.
For the second time in three months, the movie theatre industry
is enjoying a title eclipsing $200 million on opening weekend.
“In an era of a plethora of entertainment choices for consumers,
we are buoyed by the more than a BILLION tickets that movie
theatres sold in the United States in 2017. We are even more
encouraged that two of the top five movie openings in cinema
history occurred in the past 10 weeks. The conclusion should
increasingly be clear to all. When Hollywood makes great movies,
Americans rush to theatres in record setting numbers. The movie
theatre industry remains a giant among entertainment options,” said
Adam Aron, CEO and President, AMC.
Aron added, "We especially want to congratulate, thank and
salute all those at The Walt Disney Company who are responsible for
movies with such extraordinary and wide-ranging appeal. We are
simply in awe of their film making prowess, their creativity and
their savvy. Disney continues to dazzle, which in turn allows all
in our industry to shine."
“BLACK PANTHER has taken on a life of its own at movie theatres,
playing to huge, broad audiences in AMC markets around the country,
and is growing from a blockbuster into a movement nationwide,” said
Elizabeth Frank, Executive Vice President, Worldwide Programming
and Chief Content Officer, AMC. “We’re delighted with the stories
and pictures of fans who are enjoying the magic of the movie
theatre and turning the experience into a community event.”
All hail the King:
- More than 150 AMC locations, nearly 23
percent of the Company’s U.S. circuit, set new admissions-revenue
records for a single title on opening weekend
- Among these locations, 15 AMCs more
than doubled their previous record
- Two AMC locations TRIPLED their
previous record
- BLACK PANTHER finished with the second
highest opening weekend gross in AMC history, as the Company
welcomed more than 4.4 million people to see BLACK PANTHER
- The weekend included the busiest Sunday
in Company history and the second busiest Saturday of all time
Please take your seat
- AMC ran more than 40,000 showtimes of
BLACK PANTHER from Thursday night through Sunday
- More than 7.8 million seats were
available for fans ready to cheer on the ground-breaking superhero
during opening weekend
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the U.S., in
Europe and throughout the world with approximately 1,000 theatres
and 11,000 screens across the globe. AMC has propelled innovation
in the exhibition industry by: deploying more plush power-recliner
seats; delivering enhanced food and beverage choices; generating
greater guest engagement through its loyalty program, web site and
smart phone apps; offering premium large format experiences and
playing a wide variety of content including the latest Hollywood
releases and independent programming. AMC operates among the most
productive theatres in the United States' top markets, having the
#1 or #2 market share positions in 22 of the 25 largest
metropolitan areas of the United States, including the top three
markets (NY, LA, Chicago). Through its Odeon subsidiary AMC
operates in 14 European countries and is the # 1 theatre chain in
UK & Ireland, Italy, Spain, Sweden, Finland and the Baltic
States. www.amctheatres.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180220005613/en/
AMC TheatresRyan Noonan,
913-213-2183rnoonan@amctheatres.com
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