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As The Box Office Battles Back, Is No. 1 Circuit AMC About To Buckle? Don’t Bet Against Adam Aron…At Least Not Yet – CinemaCon Curtain Raiser
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. We told you quite early – at last year’s CinemaCon […]
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. Yet, despite the theatrical business’ increasingly robust expectations for late summer and beyond — many peg Marvel Studios/Disney’s Deadpool & Wolverine as the breaking of the dam — things have felt a bit touch and go and there’s been much chatter that exhibition is set for a reckoning; that mid-level exhibitors are bound to fold into each other; even that the No. CEO Adam Aron did a brilliant job cultivating this group and the company’s shares surged to over $600 in June of 2021 at the height of the frenzy, allowing AMC to sell stock and raise a much needed cash cushion.
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