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National CineMedia (NCM) Launches New Offerings to Transform Cinema into a Modern, Full-Funnel Media Solution
Businesswire· 2024-03-13 13:00
NEW YORK--(BUSINESS WIRE)--NCM, the largest cinema advertising platform in the US, today announced its new offerings for the 2024-25 upfront, providing brands with full-funnel solutions to reach sought-after audiences, including programmatic buying and self-serve automation. NCM is also leveraging its data-driven approach and deep understanding of moviegoers to provide business outcome guarantees for select advertisers in their upfront deals, ensuring a return on their ad spend. In addition to these industr ...
AMC Stock Alert: AMC Expands Popcorn Deal into Kroger, Publix Stores
InvestorPlace· 2024-03-12 17:46
On March 11, AMC Entertainment (NYSE:AMC) announced that it will be making its signature branded popcorn available in Publix and Kroger (NYSE:KR) grocery stores across the nation and online at Amazon.com. Unfortunately, this news is not helping AMC stock pop higher today. Shares are down nearly 2% today and down just about 6% for the past month. Let’s dive in and examine what investors need to know about this retail announcement — and what it means for AMC moving forward. What’s Happening with AMC Stock It ...
AMC Significantly Expands the Availability of its Popular Grocery Store Popcorn Through the Addition of Publix and Kroger Stores, and Amazon.com
Businesswire· 2024-03-11 17:09
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres (NYSE:AMC), the largest theatrical exhibitor in the United States and the world, today announced that based on consumer demand for its ready-to-eat and microwave popcorn varieties, it is rapidly expanding distribution of its retail line of popcorn — more than doubling the national outlets offering these high-demand products. After close to a year of product availability exclusively at Walmart, AMC Theatres Grocery Popcorn is now available for purchase at several ...
AMC stock forecast: lots of risks but rebound could be epic
Invezz· 2024-03-11 13:22
AMC Entertainment (NYSE: AMC) stock price has collapsed to a record low as concerns about the Box Office industry, high debt load, and potential for dilution rose. It has slipped by more than 26% in 2024, lagging the broader market as the S&P 500 and Nasdaq 100 indices have surged to a record high.Dilution risks remainCopy link to sectionAMC Entertainment is in trouble. It has over $4.5 billion in long-term debt, with two-thirds of it coming due by 2026. It also has a substantial negative working capital, d ...
National CineMedia, Inc. to Release Fourth Quarter and Full Year 2023 Results on March 18, 2024
Businesswire· 2024-03-06 22:00
CENTENNIAL, Colo.--(BUSINESS WIRE)--National CineMedia, Inc. (NASDAQ: NCMI), the managing member of National CineMedia, LLC (“NCM LLC”), the operator of the largest cinema advertising platform in the U.S., plans to issue its fourth quarter and full year 2023 earnings results after the market closes on Monday, March 18, 2024. A conference call and audio webcast to discuss the results will take place at 5:00 p.m. Eastern Time. The conference call can be accessed by dialing (877) 300-8521 or for international ...
3 New Strong Sell Stocks for March 2024
InvestorPlace· 2024-03-06 19:53
Indeed, the recollection of the previous summer’s market downturn remains fresh. That episode, among others, reminded investors of the importance of being proactive in portfolio management, especially when evaluating potential strong-sell stocks.However, with the Nasdaq Composite reaching fresh highs recently, surpassing its 2021 peak, the market’s appetite for risk continues to grow. Transitioning to the S&P 500, its ascent to 5,137 marks the 15th record closure for the year, highlighting continued optimis ...
Could Dune 2 revive AMC stock after huge opening weekend?
Finbold· 2024-03-04 14:41
Following a dry spell last year, the release of Dune: Part Two has brought a significant surge in ticket sales to the US box office, offering a promising revival opportunity for the largest movie theater chain, AMC Entertainment (NYSE: AMC), and its stock.The film, produced by Warner Bros. (NASDAQ: WBD) and Legendary Entertainment, debuted with an estimated $81.5 million in US box office revenue and approximately $100 million internationally, totaling around $182 million for its opening weekend. This marks ...
AMC Entertainment Holdings, Inc. Board of Directors Elects Sonia Jain to Serve as a Director of the Company, Effective March 1, 2024
Businesswire· 2024-03-01 11:45
LEAWOOD, Kansas--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc., (NYSE:AMC), the largest theatrical exhibitor in the United States and in the world, today announced that the Company’s Board of Directors has elected Sonia Jain to the AMC Board of Directors, effective March 1, 2024. Jain will serve as a Class III director of the Company with a term expiring at the Company’s 2026 Annual Meeting of Stockholders, and at that meeting will stand for re-election thereafter. She will serve as a Member of the A ...
All of AMC's revenue growth came from Taylor Swift and Beyoncé films, theater chain says
CNBC· 2024-02-29 19:24
Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Move over Nicole Kidman. AMC has some new patron saints.In the final three months of 2023, AMC saw revenue increase by 12% and operating profit by one measure nearly tripled compared with the same period a year before. "Literally all" that growth was tied to concert films from Taylor Swift and Beyoncé, AMC CEO Adam Aron told analysts Wednesday."These two movies ...
AMC market share gains among positives to look forward to - analyst
Proactive Investors· 2024-02-29 16:24
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...