Adam Aron Latest Celebrity News & Gossip

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.

Deadline’s Most Valuable Blockbuster tournament is back. While studios during Covid wildly embraced the theatrical day-and-date model when cinemas were closed, they soon realized there’s nothing more profitable than a theatrical release and the downstreams that come with it. If anything, theatrical is the advertisement for a movie’s longevity in subsequent home entertainment windows. Entering the conversation in 2023 were the streamers, such as Apple, who have also realized the necessity of theatrical to eventize their movies. The financial data pulled together here for Deadline’s Most Valuable Blockbuster Tournament is culled by seasoned and trusted sources.

AMC CEO Adam Aron continued to pour cold water on any notion that his No. 1 circuit is headed for Chapter 11.

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.

Nicole Kidman is well aware of all the spoofs her viral AMC commercial generated and now has an idea to perform it live.

Taylor Swift and Beyoncé‘s concert films, the company’s CEO has revealed.In the fourth quarter of last year, the cinema chain saw revenue jump 11% to $1.1 billion, beating Wall Street’s forecasts.Now, AMC Theatres CEO Adam Aron has admitted that those profits are entirely down to screenings of Taylor Swift: The Eras Tour and Renaissance: A Film by Beyoncé.“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,” said Aron in a statement (via Deadline). “Literally, all of that increase in AMC’s Revenue and EBITDA is attributable to our having shown these two movies in our theatres in the U.S.

AMC Entertainment’s much talked about preshow commercial starring an earnest Nicole Kidman in a glittery pantsuit will have three new iterations, CEO Adam Aron said today, as the exhibitor plans to start rotating a trio of 30-second spots in theaters nationwide on March 1.  

AMC Entertainment posted strong fourth quarter numbers buoyed by Taylor Swift and Beyoncé Concert Films.

Releasing three tentpole movies into December, Warner Bros is walking away with bragging rights to giving the holiday season an important boost – particularly given the absence of an Avatar or a Spider-Man as in recent years.

“Ain’t gonna let nobody make me take my chair home. God made me. I belong here. I got a right to a seating’s the place. The only time you can take my chair is when I die and go to heaven. Until then I’m fighting.”

AMC, fresh off the rollout of its AMC popcorn brand, has added its own line of candy to concession offerings.

Leading movie theater operator AMC Entertainment has wrapped a $350 million at-the-market equity offering and reduced its debt by $62 million.

About six weeks after Beyoncé made a surprise appearance at the world premiere of Taylor Swift: The Eras Tour, Swift returned the favor, showing up Thursday night at the London premiere of Renaissance: A Film By Beyoncé.

Taylor Swift‘s Eras Tour concert film will begin streaming on Dec. 13 – the superstar’s birthday – and will include three additional songs not included in the theatrical release.

Keith Urban says the performance of wife Nicole Kidman‘s AMC Theatres ad was an unexpected surprise.

We’ve all heard of the first screenings for Oscar contending movies during Thanksgiving weekend, i.e. American Hustle and Joy in years past, however, to literally hold a glittery world premiere post-Turkey day is a rare feat. But that’s exactly what 32x Grammy winner Beyoncé did tonight with her AMC-distributed concert documentary movie Renaissance: A Film by Beyoncé which made its grand debut at the Academy’s Samuel Goldwyn Theater.

AMC shares plunged today despite record quarterly earnings as the giant theater chain filed with SEC to sell up to $350 million worth of stock — offsetting any bump that could been expected from solid financials and an end to the actors’ strike. Shares were trading up this morning pre-market but reversed course when the filing hit the wire.

Theater chain AMC will make a handsome profit from distributing and from its box office grosses, which passed $232 million globally, said CEO Adam Aron. He declined to give any numbers until year end since both Swift — and Renaissance: A Film By Beyoncé, which launches Dec. 1 — fall in the current fourth quarter.

AMC Entertainment swung to a profit last quarter and saw revenue jump 45%, besting Wall Street forecasts. CEO Adam Aron found the numbers “quite satisfying.” But, he said, the short-term impacts of the writer’s and actor’s strikes will cause additional and needless challenges for AMC in 2024. Without taking sides as to who is to blame and how the labor challenges should be resolved, we strongly encourage all the parties involved to come to the negotiating table with the intent of reaching an agreement immediately.”

Adam Aron, the CEO of AMC Theatres, revealed that he had been the victim of an “elaborate criminal extortion.” The chief of the world’s largest cinema chain didn’t reveal details about what he described as a “blackmail attempt” other than to claim they were “related to false allegations about my personal life.” Aron says there has been a “vigorous” criminal investigation taken by the U.S. Attorney’s Office for the Southern District of New York, and he had reported the situation to the FBI and Justice Department.

Adam Aron, the colorful and outspoken CEO of top exhibitor AMC Entertainment, took to X/Twitter on a more serious matter this morning, revealing he had been targeted in a blackmail plot last year.

Capitalizing on the anticipated big screen fever of Taylor Swift: The Eras Tour, we are hearing heavy buzz this morning that AMC‘s next big concert film is Beyonce: Renaissance World Tour, which has been another hard-to-get-live event ticket this past year in addition to Swift.

AMC Entertainment shares rallied as the company completed a previously disclosed equity offering, raising about $325.5 million of new capital.

AMC Entertainment is setting the table to sell up to 40 million shares, which it can now do with stockholder approval and after it dispensed with its APE units.

Warner Bros’ Barbie ain’t missin’ no steps as the Greta Gerwig-directed title is clicking past the $600M mark at the domestic box office in its 43rd day of release.

Leading exhibitor AMC Entertainment completed a 1-for-10 reverse stock split this morning, a planned move preceding Friday’s conversion of its preferred “APE” shares into common stock.

Despite having new fundraising options in the wake of a judge’s ruling on Friday, AMC Entertainment started the week on a jarring note as its stock price skidded to its lowest level since January 2021.

CEO Adam Aron has expounded on Twitter and most recently on AMC Entertainment’s latest earnings call about the risk of a cash crunch and even bankruptcy if it wasn’t able to secure financing in a still uncertain box office climate.

Giant theater chain AMC Entertainment has promoted Ellen Copaken to SVP Marketing, effective immediately. She was also appointed to sit on the company’s management executive committee.

Rebecca Rubin Film and Media Reporter AMC Theatres has promoted Ellen Copaken to lead its marketing department. As senior VP of marketing, effective immediately, she will report to AMC’s chairman and CEO Adam Aron and will join the company’s executive committee. She’s taking over for Eliot Hamlisch, who recently departed the company.