Cinema giant AMC Theatres on Thursday said its third-quarter loss narrowed as revenue rose amid a quarterly company record of 87.1 million tickets sold at its theaters.
Quarterly revenue rose 7.8 percent to $1.31 billion, compared to $1.22 billion in 2018. Admissions revenue jumped to $797.3 million from a year-earlier $751.4 million. Attendance at U.S. theaters rose to 61.7 million, compared with 58.9 million patrons in third quarter of 2018. International attendance was also up to 26.0 million from 23.7 million.
AMC said its Stubs A-List movie subscription program has crossed the 900,000 member milestone since launching in June 2018, ahead of a first-year forecast of 500,000 subscribers. The circuit also said the Stubs A-List program was profitable during the latest quarter.
is that AlanZweibel? only kidding
The theaters are dying because the movies are terrible - THEY NEED to be giving out free popcorn and soda that will help and that is the future
Buen día amigo
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