AMC Theatres records biggest Sunday in Company history as more than 150 AMC locations set admissions-revenue records for a single title on opening weekend.
Leawood, Kansas (February 20, 2018) – This past weekend, movie theatres served as the magical portal to the No. 1 tourist destination in the world: Wakanda. “Black Panther” roared its way to a $201-plus million Friday–Sunday opening weekend, setting many records along the way, and AMC Theatres (NYSE:AMC), the largest theatrical exhibitor in the U.S. and the world, transported more moviegoers than anyone else.
For the second time in three months, the movie theatre industry is enjoying a title eclipsing $200 million on opening weekend.
“In an era of a plethora of entertainment choices for consumers, we are buoyed by the more than a billion tickets that movie theatres sold in the United States in 2017. We are even more encouraged that two of the top five movie openings in cinema history occurred in the past 10 weeks. The conclusion should increasingly be clear to all. When Hollywood makes great movies, Americans rush to theatres in record setting numbers. The movie theatre industry remains a giant among entertainment options,” said Adam Aron, CEO and President, AMC.
Aron added, “We especially want to congratulate, thank and salute all those at The Walt Disney Company who are responsible for movies with such extraordinary and wide-ranging appeal. We are simply in awe of their film making prowess, their creativity and their savvy. Disney continues to dazzle, which in turn allows all in our industry to shine.”
“’Black Panther’ has taken on a life of its own at movie theatres, playing to huge, broad audiences in AMC markets around the country, and is growing from a blockbuster into a movement nationwide,” said Elizabeth Frank, Executive Vice President, Worldwide Programming and Chief Content Officer, AMC. “We’re delighted with the stories and pictures of fans who are enjoying the magic of the movie theatre and turning the experience into a community event.”
All hail the King:
- More than 150 AMC locations, nearly 23 percent of the Company’s U.S. circuit, set new admissions-revenue records for a single title on opening weekend
- Among these locations, 15 AMCs more than doubled their previous record
- Two AMC locations tripled their previous record
- “Black Panther” finished with the second highest opening weekend gross in AMC history, as the Company welcomed more than 4.4 million people to see “Black Panther”
- The weekend included the busiest Sunday in Company history and the second busiest Saturday of all time
Please take your seat
- AMC ran more than 40,000 showtimes of “Black Panther” from Thursday night through Sunday
- More than 7.8 million seats were available for fans ready to cheer on the ground-breaking superhero during opening weekend
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the U.S., in Europe and throughout the world with approximately 1,000 theatres and 11,000 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying more plush power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty program, web site and smart phone apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. AMC operates among the most productive theatres in the United States’ top markets, having the #1 or #2 market share positions in 22 of the 25 largest metropolitan areas of the United States, including the top three markets (NY, LA, Chicago). Through its Odeon subsidiary AMC operates in 14 European countries and is the # 1 theatre chain in UK & Ireland, Italy, Spain, Sweden, Finland and the Baltic States. www.amctheatres.com.