Posted 3/1/2024, 1:22:00 AM
AMC Revenues Soar Thanks to Swift, Beyoncé Films While Strikes Slow Hollywood Releases
- AMC CEO credits Taylor Swift and Beyoncé concert films for revenue and profit increase this quarter, outgrossing major studios
- Swift's film became highest-grossing domestic concert movie ever; both films turned theaters into concert venues
- AMC to debut 3 new 30-second Nicole Kidman pre-show ad versions starting Friday
- Despite successes, 2023 box office hampered by Hollywood strikes delaying releases
- Recent hits like "Barbie" and upcoming "Dune 2" point to positive 2024 trajectory as exclusives draw audiences