AMC CEOAdam Aroncontinued to pour cold water on any notion that his No.
1 circuit is headed for Chapter 11.
The session was moderated by Pucks Matt Belloni.
L to R: Puck’s Matt Belloni, AMC CEO Adam Aron, Disney’s Cathleen Taff and AMPAS' Bill Kramer.Deadline
There a lot of pain that comes with the bankruptcy process.
Because the difference of $2 billion signifies companies going out of business.
Aron is bullish that the box office in 2025 and 2026 will return to pre-pandemic form.
But discrepancy in product flow remains.
If theres more than 64, its gravy to the entire system.
The gross tripled in the new theaters over the 169 we closed.
Sixty that opened are $100M more profitable than ones we closed.
That is a natural pruning of the fleet.
How much money wouldRoadhousehave made if released in theaters, asked Belloni.
