Newscasts - AMC beats estimates as blockbuster titles boost theater attendance

AMC Entertainment Holdings

11/08/2025 22:47

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_2bwz0hol&referenceId=tag:reuters.com,2025:newsml_RW650711082025RP1_930&pageId=Newscasts
Source: 'Reuters - Business videos'

Description: AMC Entertainment surpassed Wall Street estimates for second-quarter revenue on Monday, as top U.S. blockbusters such as "A Minecraft Movie" and "Lilo & Stitch" drove more people to its theater chains. Rachel Faber reports.

Short Link: https://refini.tv/46SQbNA

Video Transcript:

AMC Entertainment reported a more than 35% surge in second-quarter revenue on Monday, beating Wall Street expectations, as top US blockbusters "A Minecraft Movie" and "Lilo & Stitch" brought bigger crowds to theaters. Shares of AMC ended almost 3.5% higher after reporting the results. The theater chain said moviegoers' attendance jumped nearly 26%. The film industry worldwide has benefited from a recovering box office and growing consumer demand for premium moviegoing experiences. Warner Bros. Discovery's video game-based film "A Minecraft Movie" grossed nearly $1 billion globally, helping the company report 55% growth in its studio unit and a surprise profit during the April to June period. AMC still reported a net loss of $4.7 million, but the rebound at the box office helped significantly narrow that figure from a nearly $33 million loss a year earlier.