AMC Theatres Responds to Universal Studios Comments About Simultaneous Theatrical and Home Release
AMC Entertainment Holdings, Inc. Class A (AMC)
NASDAQ:AMEX Investor Relations:
investor.amctheatres.com
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Source: Business Wire
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres (NYSE:AMC) today sent the following communication on letterhead to Universal Studios:Donna LangleyChairmanUniversal StudiosDear Donna,At this time of national emergency and the coronavirus wreaking havoc on the entire world, I hope that you and your loved ones are healthy and safe. I worry – and I wish the best for – the health of all of our industry colleagues. Never in our lifetimes has there been a more challenging time.Amidst a global pandemic as a backdrop, I wish we were spared from also having to address a different issue that arises from Universal actions currently underway.For 100 years, AMC Theatres has served as a strategically critical and highly profitable distribution platform for movie makers, and for all that time the exclusivity of the theatrical release has been fundamental. When a movie is “Only in Theaters,” consumers perceive it to be higher quality entertainment. Countless filmmakers and moviegoers believe that the
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- AMC Entertainment Holdings, Inc. (NYSE: AMC) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $4.00 price target on the stock.MarketBeat
AMC
Earnings
- 2/28/24 - Beat
AMC
Sec Filings
- 4/26/24 - Form 8-K
- 4/24/24 - Form ARS
- 4/24/24 - Form DEF
- AMC's page on the SEC website