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AMC Entertainment CEO Calls Q1 Box Office “A Distorting Reality That Has Already Corrected Itself” As Revenue Dips, Losses Widen
AMC Entertainment saw revenue slip and net losses widen last quarter on the now well-known story of an oddly soft three months for moviegoing.
But CEO Adam Aron insisted that “Anyone trying to draw any conclusions about the success or appeal of movie theatres from the results of the first quarter of 2025 is likely to be mistaken, because the industrywide domestic box office in Q1 was in our view a distorting anomaly that has already corrected itself. “Setting aside those first quarters directly impacted by Covid and its aftermath, the January to March industry box office in 2025 was the lowest it has been since 1996. So, we believe that any negative assertions drawn from first quarter results about the movie theatre industry are likely to be wholly erroneous,” he said.
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