Amc theatres ceo

According to Aron, a federal criminal investigation ultimately led to the arrest of the blackmailer, who Aron says was convicted of a felony and spent nearly a year amc theatres ceo jail.

From February to December , Mr. Since , Mr. Aron served as Chief Executive Officer and Co-Owner of the Philadelphia 76ers from to , and remained a co-owner until From to , Mr. Formerly, Mr.

Amc theatres ceo

By Caitlin Huston. Business Writer. In a largely symbolic move, stockholders holding 20,, shares voted against the pay package, while those holding 19,, voted for it. These votes are non-binding, and therefore do not carry any financial ramifications, but may show that some investors are not happy with the compensation packages or perhaps with management. AMC Theatres became a meme stock in , and saw its share prices soar at the time thanks to interest from retail investors. In its most recent earnings report, for the three months ended in September, AMC swung to profit and saw its revenue climb thanks to the success of films such as Barbie and Oppenheimer. More recently, the theater chain saw success with the rollout of The Taylor Swift: The Eras Tour, but Aron has cautioned that the theaters will still likely see repercussions from the writers and actors strikes, which disrupted the film release calendar. Sign up for THR news straight to your inbox every day. Follow Sign Up. View All.

Jennings began his career at AMC in March of Get browser notifications for breaking news, live events, and exclusive reporting.

More recently, he became a co-owner of the Philadelphia 76ers , additionally serving as its CEO from to After graduating, Aron began working for Pan Am in , where he was picked by executive Stephen Wolf to design the company's first frequent-flyer program. Aron was selected by the U. Secretary of Agriculture to serve on the board of directors of the National Forest Foundation from to , and was a delegate to President Clinton's White House Conference on Travel and Tourism. He has more than 35 years of experience managing companies operating in the travel and leisure industries. Aron was the subject of a number of high-profile pieces in magazines such as Variety that lauded him and his transformation strategy at AMC.

Leaning into his newfound notoriety, Aron took to Twitter and YouTube to communicate directly with the millions of retail shareholders that helped save AMC financially when most predicted the circuit would soon be filing for bankruptcy. I understand that was a deal that made sense at the time, but here we are now three years later operating under very different market conditions. Is there a chance those terms, in regard to the window, can be revisited? But I know that, generally, movies are playing with a day window. Getting that consensus has been really important. Another important development over the past year is that, in and , the studios were really leaning into their streaming services as their top priority.

Amc theatres ceo

By Rebecca Rubin. Film and Media Reporter. But for whatever reason perhaps a desire to turn a profit , the attitude toward multiplexes has changed and tech giants like Apple and Amazon have committed to spending billions on theatrical movies. It may take some time for Apple and Amazon to have enough product to debut these movies with consistency.

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Hidden categories: Webarchive template wayback links Articles with short description Short description matches Wikidata Articles with hCards. In January , AMC Theatres started selling popcorn via food delivery , before entering supermarkets, in order to compensate for the COVID pandemic -induced downturn in movie theaters. In February AMC announced plan to test a dynamic pricing model for tickets for showings that occur after 4pm based on seat location. Drinks can be ordered to be consumed in the bar and lounge area or taken into the theater. AMC patented cup holder armrests in Archived from the original on January 7, Ryan D. Stanley renamed Durwood Theatres as American Royal Cinema on October 1, , after the American Royal livestock and horse show, but the latter's producers sought an injunction, and the name was changed to American Multi-Cinema, Inc. Retrieved December 15, Nonprofit Quarterly. Retrieved July 29, Retrieved April 28, Archived from the original on June 3, Retrieved March 17,

Adam Aron, 69, has led the movie theater chain since

Archived from the original on July 14, Winston-Salem Journal. Archived from the original on March 23, Retrieved August 13, Follow Sign Up. ISSN Philadelphia, Pennsylvania , U. The company threatened that this will also be done with any other studio "who unilaterally abandons current windowing practices absent good faith negotiations between us, so that they as distributor and we as exhibitor both benefit and neither are hurt from such changes. Hidden categories: Pages with non-numeric formatnum arguments Webarchive template wayback links All articles with dead external links Articles with dead external links from December Articles with permanently dead external links Articles with dead external links from December CS1 maint: bot: original URL status unknown Articles with short description Short description is different from Wikidata Use American English from September All Wikipedia articles written in American English Use mdy dates from November Pages using infobox company using trading name All pages needing factual verification Wikipedia articles needing factual verification from August All articles with vague or ambiguous time Vague or ambiguous time from January All articles with unsourced statements Articles with unsourced statements from July Commons category link is on Wikidata. Cinema Treasures. Retrieved November 19,