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AMC Shatters Records Despite Streaming | Durham News
AMC just shattered its own records with the highest quarterly revenue ever—$1.59 billion, up 14.2%—and a record-breaking 71 million moviegoers, proving theaters are still alive and kicking when Hollywood delivers blockbuster hits. Despite streaming’s long-term pull, attendance surged 13.5%, profits soared, and even their European operations lit up. The CEO declared victory over the “streaming killed theaters” myth, while acknowledging lingering challenges like declining theater-going habits and heavy debt. With the domestic box office hitting its best in seven years, AMC’s numbers show the…
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