Get the latest gossip
Taylor Swift, Beyoncé Concert Films Drove ‘Literally All’ of AMC’s Quarterly Revenue Increase
AMC Theatres' 11.5% revenue increase in Q4 had a lot to do with Taylor Swift and Beyonce's concert movies, the company said.
“What is particularly noteworthy is how much AMC benefited from our trailblazing industry leading efforts with our highly successful distribution of two concert movies Taylor Swift: The Eras Tour and Renaissance: A Film By Beyoncé,” Aron wrote in the press release. “It’s disappointing how many people out there typing into their Twitter feeds that the management team at AMC is somehow actively working against the interests of our real retail shareholders, and standing nefariously on the side of evil,” Aron said, pointing to this quarter’s results. “One doesn’t launch popcorn to the home, or blaze new trails with innovative concept movies that have been incredibly profitable and reputationally enhancing for AMC, if one is trying to undermine our company’s success,” he added.
Or read this on Billboard
