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This Sunday is National Cinema Day and various movie theaters are having $4 ticket to any format movies including IMAX and Dolby. Regal Cinema and AMC are participating. Check your local movie theater.
everyone's different, twiggy_Alien_Man. Transformers made more than 2x the box office that D&D did, for instance, so it appealed to at least twice as many people. Asteroid city made only 1/4 the box office of D&D, but it has cameos / roles from some huge stars that many people love, and will see the movie just because their guy/gal is in it. Wes Anderson also has a huge following of people that like his brand of quirky moviemaking. Happy Friday. Hope you get to enjoy a great movie this weekend!
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Our community has rated this post as helpful. If you agree, why not thank Handymanmacaw
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from h1qual1ty
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This company is really struggling. Check out their stock. No one is going to the movies anymore.
Wrong. Stock is struggling because of APE conversion to AMC. Reverse split further signaled weakness and potential for further dilution in new capital raise through equity offering. Fact is, AMC should've never went that high to begin with. The meme crowd pushed it up. So now the meme crowd is jumping ship because AMC did exactly what it needed to do with unreasonably high share price.
In any case, people are still going to movies, just not yet at a scale enough to generate sufficient cash flow. Their revenues and profitability (at least losses narrowing) continue to improve both yoy and on linked quarter basis.
If anything, there will be a shakeout among streaming services, all of which are hemorrhaging cash with the exception of Netflix. When the dust settles, movie theaters will become more attractive from both a distribution and consumer perspective. The only question is if AMC can survive until then.
Last edited by Handymanmacaw August 26, 2023 at 03:31 PM.
I still love going to the movies. My 83" OLED is awesome but it's not IMAX. I wish more places played older movies. I missed both The Godfather and Enter the Dragon special events and I wish I had known about them.
Transformers: Rise of the Beasts is garbage also.
Poor acting. Poor script.
Peter Cullen was reading in his sleep bc he was so bored.
Optimus seems a little grumpy, too.
Wrong. Stock is struggling because of APE conversion to AMC. Reverse split further signaled weakness and potential for further dilution in new capital raise through equity offering. Fact is, AMC should've never went that high to begin with. The meme crowd pushed it up. So now the meme crowd is jumping ship because AMC did exactly what it needed to do with unreasonably high share price.
In any case, people are still going to movies, just not yet at a scale enough to generate sufficient cash flow. Their revenues and profitability (at least losses narrowing) continue to improve both yoy and on linked quarter basis.
If anything, there will be a shakeout among streaming services, all of which are hemorrhaging cash with the exception of Netflix. When the dust settles, movie theaters will become more attractive from both a distribution and consumer perspective. The only question is if AMC can survive until then.
Also, the 2010-2020 time was blockbuster for theaters.
Marvel Universe
Star Wars
Spiderman
Now, it's full of flopbusters because Hollywood can no longer tell stories without injecting politics and social justice and DEI. And the Covid-scared crowd will not do theaters anymore.
Mission Impossible should have done better, but it was upstaged by Barbie and Oppenheimer.
I highly recommend Oppenheimer and Mission Impossible in theaters.
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Seems like all of these are streaming at no extra charge on select services too.
Asteroid City on Peacock [peacocktv.com]
The Super Mario Bros. Movie on Peacock [peacocktv.com]
Dungeons & Dragons: Honor Among Thieves
Prime Video [amazon.com]
Paramount+ [paramountplus.com]
Transformers: Rise of the Beasts on Paramount+ [paramountplus.com]
AMC stockholders can be a free large popcorn too.
https://slickdeals.net/f/16835900
Also, teens can get a $5 small popcorn and small ICEE combo too.
https://www.amctheatres
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Our community has rated this post as helpful. If you agree, why not thank Handymanmacaw
In any case, people are still going to movies, just not yet at a scale enough to generate sufficient cash flow. Their revenues and profitability (at least losses narrowing) continue to improve both yoy and on linked quarter basis.
If anything, there will be a shakeout among streaming services, all of which are hemorrhaging cash with the exception of Netflix. When the dust settles, movie theaters will become more attractive from both a distribution and consumer perspective. The only question is if AMC can survive until then.
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Thanks OP.
I don't mind Wes. I enjoyed French Dispatch and my personal fav film from him is Darjeeling Limited.
Asteroid City was BORING. His work is now surpassing self parody and the overall quality isn't there anymore.
Poor acting. Poor script.
Peter Cullen was reading in his sleep bc he was so bored.
Optimus seems a little grumpy, too.
In any case, people are still going to movies, just not yet at a scale enough to generate sufficient cash flow. Their revenues and profitability (at least losses narrowing) continue to improve both yoy and on linked quarter basis.
If anything, there will be a shakeout among streaming services, all of which are hemorrhaging cash with the exception of Netflix. When the dust settles, movie theaters will become more attractive from both a distribution and consumer perspective. The only question is if AMC can survive until then.
Marvel Universe
Star Wars
Spiderman
Now, it's full of flopbusters because Hollywood can no longer tell stories without injecting politics and social justice and DEI. And the Covid-scared crowd will not do theaters anymore.
Mission Impossible should have done better, but it was upstaged by Barbie and Oppenheimer.
I highly recommend Oppenheimer and Mission Impossible in theaters.
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