Aron said AMC welcomed more than 66 million guests in the second quarter of 2023, a 12% increase and the highest number since the coronavirus pandemic. Moviegoer spending at theaters also "far exceeded pre-pandemic norms," pushing food and beverage revenue per patron to $7.36 globally, within a penny of the company's all-time high record.
The No. 1 movie in the world, "Barbie," has stunned Hollywood by earning $1.03 billion globally. Historical drama "Oppenhiemer," which opened alongside "Barbie," has earned $228.6 million worldwide and is so far the highest grossing R-rated film of the year. The success of these movies, and AMC's apparent turnaround, could signal that summer blockbusters have recovered from COVID and are back in business.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »