Adam Aron: Celebs Rumors

Sound Of Freedom – a new religious thriller about a special agent who embarks on a child trafficking case rescue mission – has become an unlikely summer hit.The film, which has also been tangled up in online conspiracy theories, has been a box office success, grossing $85million (£65million).Sound Of Freedom is inspired by the experiences of former Homeland Security Agent Tim Ballard (played by Jim Caviezel), who spent more than a decade breaking up child-trafficking rings.A synopsis for the film reads: “The incredible true story of a former government agent turned vigilante who embarks on a dangerous mission to rescue hundreds of children from sex traffickers.”The film has been described as a QAnon “adjacent” and “tinged” thriller in The Guardian and Rolling Stone, respectively – referring to the American far-right conspiracy theory that some of the worst’s most powerful political and cultural elite are engaged in trafficking, pedophilia, child abuse and many other unfounded theories.Conspiracy theories related to the film included right-wing speculation that theatre company AMC wanted to sabotage screenings.As the BBC notes, some negative coverage of the film also related to Caviezel seemingly having embraced QAnon theories in the past.The film’s distributor, Angel Studios, denied the film is connected to conspiracy theories, and the CEO of AMC Theatres, Adam Aron, also shut down theories related to the theatre screenings on Twitter.Some viewers have also read Sound Of Freedom as a “faith-based film”.Despite the conspiracy theories surrounding it, the film has performed well at the box office, but reviews have been mixed.Variety described it as “compelling movie that shines an authentic light on one of the crucial

Zack Sharf Digital News Director AMC Theatres CEO Adam Aron and Angel Studios have joined forces to quell a boycott against the exhibition chain over the release of “Sound of Freedom.” Social media users have accused AMC of purposely disrupting “Sound of Freedom” screenings following accusations that the hit movie stokes QAnon conspiracy theories (Rolling Stone, for instance, slammed “Sound of Freedom” as a “QAnon-tinged thriller”). Claims include AMC canceling screenings and disrupting showtimes with technical difficulties and broken air conditioning. “Sadly, conspiracy theorists are so prevalent in America. So much garbage information is spread,” Aron wrote on Twitter. “More than ONE MILLION people have watched ‘Sound of Freedom’ at AMC Theatres. More than at any other theatre chain on the planet. Yet people falsely claim otherwise. It is so bizarre.”

Rebecca Rubin Film and Media Reporter In the battle of the bomb vs. the bombshell… why not both? Plenty of moviegoers are making the decision to watch Christopher Nolan’s atomic drama “Oppenheimer” and Greta Gerwig’s colorful romp “Barbie” on the same day when the two tentpoles hit theaters on July 21. With two weeks to go until the big day, AMC Theatres, the world’s largest cinema chain, is reporting that more than 20,000 AMC Stubs members have purchased tickets to see “Barbie” and “Oppenheimer” on the same day. Though it was apparently significant enough for AMC to issue a press release, it’s hard to contextualize the statistic because there aren’t a lot of comparable data points for guests purchasing tickets to see multiple movies on the same day, at least not ones that are publicly available. Moreover, the total number of AMC Stubs members, which includes A-List, AMC Stubs Premiere and AMC Stubs Insider, is unclear. Adam Aron, the CEO of AMC, said in early 2020 there were between 900,000 and 1 million A-List subscribers, which starts at $19.95 per month.

AMC Entertainment CEO Adam Aron said the giant movie theater chain will start making its own candy line that will be cheaper for patrons, and for the company, given price hike by sweets manufacturers post-Covid.

Giant theater chain AMC Entertainment saw sales blow past Wall Street forecasts for the March quarter, rising 20% to $954 million.

10-K report filed Monday. That was a 25% jump from 2021’s total of $18.9 million.The majority of the executive’s pay came from $16.2 million in stock awards, with Aron also receiving $1.5 million in base pay and and $6 million in non-equity incentive plan compensation.

Rebecca Rubin Film and Media Reporter Streaming services were once the enemy of cinema chains such as AMC Theatres, mostly because companies like Netflix didn’t believe in the value of the big screen. But for whatever reason (perhaps a desire to turn a profit), the attitude toward multiplexes has changed and tech giants like Apple and Amazon have committed to spending billions on theatrical movies. It’s a move that’s been widely embraced by exhibitors, who desperately need more films to fill their marquees. “We certainly welcome their movies with open arms,” says Adam Aron, the CEO of AMC, the world’s largest movie theater circuit. “We will happily show anything they want to take to theaters.”

AMC Entertainment chief executive Adam Aron saw compensation last year totaling $23.7 million, up 25% from $18.9 million in 2021, according to an SEC filing Friday. That included a base salary of $1.5 million, a $6 million cash bonus, and stock awards valued at $16.2 million.

Refresh for updates…The final morning of CinemaCon 2023 began with Paramount, the studio that brought coast-to-coast moviegoers back with their $718.7M record breaking Tom Cruise sequel, Top Gun: Maverick. And in standard fashion, domestic distribution chief, Chris Aronson, hammed it up with a grand entrance.

AMC Entertainment chief executive Adam Aron said a booming box office and sharp pivot to theatrical by studios and streamers makes him “as relaxed and confident about AMC future as I possibly can be.”

AMC Entertainment has taken a big step forward on a few key fronts, announcing a settlement in a shareholder lawsuit that would allow it to issue stock, raise capital, convert its APE units and go ahead with a ten-for-one reverse stock split – basically a lifeline if it needs one.

AMC stockholders today overwhelmingly approved a pair of provisions that would dramatically enhance the company’s ability raise fresh cash by issuing and selling shares and boost the price of the company’s shares in a ten-for-one-reverse stock split.

When it was announced that AMC Theatres was going to adopt a new ticketing structure, dubbed Sightline, reactions were largely negative. (I might have ranted a bit myself.) Basically, the plan feels like a new way for AMC Theatres to punish its frequent customers by raising the prices on the “best” seats while offering a discount on what are clearly terrible seats that probably shouldn’t exist in the first place.

AMC Entertainment CEO Adam Aron said the new Sightline ticket pricing regime the chain’s trying out in three markets has the potential to expand the moviegoing market and prevent future price hikes.

Giant movie chain AMC Entertainment saw revenue dip 15% last quarter to $991 million and losses widen on a one-time impairment charge in a fourth quarter was tough on exhibition in general with Avatar: The Way Of Water hitting late in the year, and a few misfires. A fuller release sked led by a steadier stream of tentpoles is expected to nudge the box office towards real post-Covid recovery this year.  

Q4 2022 revenue improve from the previous quarter’s drought but fall short of last year’s end-of-year period.The multinational chain reported quarterly revenue of $990 million, a t 2% improvement from last quarter’s $968 million but down from the “Spider-Man: No Way Home”-fueled total of $1.17 billion of Q4 2021. A GAAP net loss of $287.9 million was reported with an adjusted net loss of $152 million or 14 cents per share, slightly beating consensus projections of a 20 cent/share loss and improving from the loss of 26 cents per share a year ago and 24 cents in Q3 2022.

AMC Entertainment will debut its new retail popcorn line at hundreds of Walmart locations on March 11 –  Academy Awards weekend, the company announced this morning.

AMC Theatres announced the upcoming launch of its new supermarket line of microwave and ready-to-eat popcorn, which will be exclusively available at Walmart starting March 11, the day before the Academy Awards. The AMC popcorn will be available in classic butter, extra butter and lightly salted flavors, with microwave boxes being sold at an MSRP of $4.98 and ready-to-eat bags being sold at $3.98.

Adam Aron said today he’s asked the theater chain’s board of directors to freeze his compensation for 2023 given the decline in AMC stock.

Shares in top exhibitor AMC Entertainment fell 25% ahead of today’s market opening after the company said it plans to pursue a reverse stock split and has raised $110 million from the sale of “APE” shares.

AMC has picked up another location, announcing today the acquisition of a the former ArcLight theater located at The Hub on Causeway, a large-scale mixed-use development at North Station in Boston. The 13-screen cinema is new — it opened in December 2019 and closed three months later due to Covid-19.

AMC Entertainment plans to offer a co-branded credit card starting in early 2023 for members of its loyalty program, a first in the theatrical exhibition industry and the latest venture by the movie chain, which will also be rolling out its own popcorn for sale at retailers next year.  

AMC got its meme back Thursday, with the stock surging 27% at its high on heavy volume, way outpacing the broader market and other publicly traded theater chains.

Among those quite happy with the re-installment of Bob Iger as Disney’s CEO was exhibition giant, AMC’s Adam Aron, who took to Twitter in the wake of the news exclaiming, “Based on box office grosses, Disney is the biggest film maker of any movie studio. Bob Iger coming back to again lead Disney as its CEO is a big deal. Let me shout this from the mountain top. I have the absolute highest respect for Bob Iger.”

In its quarterly earnings report published Tuesday, AMC reported quarterly revenue of $968 million, up 27% year over year from the $761 million reported in Q3 2021 but down from the $1.14 billion last quarter when “Top Gun: Maverick” led an early summer boom period for the box office. Wall Street analysts had projected quarterly revenue of $977 million.

Giant theater chain AMC Entertainment saw revenue rise and losses widen slightly last quarter but CEO Adam Aron cited a stronger slate ahead and moves on debt reduction, capital raising and new projects.

AMC Entertainment plans to launch “Zoom Rooms” at movie theaters in up to 17 U.S. cities serving businesses with in-person events and meetings.

Giant theater chain AMC Entertainment filed today to sell up to 425 million AMC Preferred Equity Units, or APEs, its new securities that have seen a price collapse amid a sour market and investor backlash.

AMC Entertainment’s new APE securities — AMC Preferred Equity Units – began trading today late morning in a messy session for the big exhibitor, whose primary stock is down by almost 40%.

Earlier this month, CEO Adam Aron announced that one AMC Preferred Equity share — or APE, named after the meme traders that jolted the company’s stock price last year — would be granted for each common share held, meaning that 517 million APE shares would be created. Aron has argued that since the shares are going to already existing shareholders rather than going directly on sale, APEs will not dilute AMC’s stock value.“With the creation of APEs, AMC is deeply and fundamentally strengthening our company.

Olivia Newton-John's untimely passing earlier in the month had many people reminiscing through her most iconic movies and musical works.MORE: Olivia Newton-John's husband shares heartfelt update in new tribute to late starMany of them will now get the chance to do so in grander form, however, as arguably her most remembered project makes its return to the screen.VIDEO: Grease star Dame Olivia Newton-John dies aged 73AMC announced that it would be screening Grease in select theaters around the country in honor of the late star.The theater chain's CEO, Adam Aron, shared the news on Twitter while also revealing that a portion of ticket sales would go to breast cancer research. MORE: Sharon Osbourne's daughter Aimee makes emotional tribute to Olivia Newton-John with childhood story"To honor the late Olivia Newton-John: many of our U.S. theaters this weekend will show her classic 1978 hit movie Grease, again on the big screen," he wrote. "An inexpensive $5 admission price, and through our charity AMC Cares we will donate $1 per sold ticket to breast cancer research."To honor the late Olivia Newton-John: many of our U.S.

Olivia Newton-John is being honored with a theatrical re-release of her beloved 1978 movie musical,. The film is slated to return to AMC Theatres on Friday in select cities with proceeds to benefit breast cancer research. «To honor the late Olivia Newton-John: many of our U.S.

For a limited time, AMC Theaters will return the 1978 musical Grease to its theaters, allowing fans to once again see Olivia Newton-John and John Travolta memorably team on the big screen.

Rebecca Rubin Film and Media ReporterAMC Theatres, the world’s largest cinema chain, is honoring Olivia Newton-John by bringing “Grease” back to the big screen.Starting on Friday, the classic 1978 movie musical will play in 135 AMC locations around the country. All tickets will cost $5, and $1 from each sale will be donated to AMC’s charitable fund AMC Cares, with the proceeds going to breast cancer research.Newton-John, who memorably played Sandy to John Travolta’s Danny Zuko in “Grease,” died on Aug. 8 at age 73.

The domestic box office is about to go into a funk for two-and-half months due to the lack of tentpole product, but shares of AMC Entertainment keep on trucking.

her last campaign proved to be a smash hit. The 55-year-old’s viral ad features her dressed to the nines as she waltzes through an empty movie theater, gazing at the camera and reminding audiences of the wonder of going to the movies.