AMC Theatres Announces Re-Opening Plans and Changes Coming to Their Theaters (2024)

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AMC Theatres Announces Re-Opening Plans and Changes Coming to Their Theaters (1)

AMC Theatres Announces Re-Opening Plans and Changes Coming to Their Theaters. After a 5 month closure due to the COVID-19 pandemic, AMC Theatres has announced their re-opening plan, with over 100 theaters opening as early as August 20th, including their Disney Springs location in Orlando, FL. The news was featured in an email from Adam Aron (CEO and President, AMC Theatres).

“Today, we are finally nearing an end to a more than five-month closure of AMC Theatres,” shared by the AMC Theatres CEO in an email to AMC Stubs Members, “To that end, we have exciting and comprehensive news to relay. Once again, AMC can welcome you back to the movies, having you enjoy them with our big seats, big sound and bigscreens.”


1. AMC THEATRES ARE REOPENING


“We already have opened more than half of our theatres in Europe and the Middle East, safely and without incident, and will open all by August 26. Here in the United States, we will begin opening AMC with more than 100 theatres resuming operations on August 20, and continuing such that about two-thirds of our theatres across the country should be open no later than September 3. The remaining AMC locations will open after we get further clearance from state and local authorities that it is safe to do so. To check the status of your favorite AMC theatre, go to our website or mobile app beginning mid-morningtomorrow.”

2. AMC IS IMPLEMENTING RIGOROUS CLEANING AND SAFETY PROTOCOLS

“Consulting with some of the world’s best scientists and experts at The Clorox Company and current and former faculty of Harvard University’s prestigious School of Public Health, we are investing tens of millions of dollars in our extensive AMC Safe & Clean initiatives. We are taking all of these steps, and more, to keep you safe and our theatresclean:

Nothing is more important to AMC than your safety, and your confidence in us to do what is right. More information can be found on our AMC Safe & Clean page beginning mid-morning [August 13th].”

3. NEW MOVIE TITLES ARE HERE AND WE ARE BRINGING BACK SOME GREATONES

“Disney’s latest installment in the X-Men Cinematic Universe, The New Mutants, debuts August 28, and Warner Brothers’ much awaited Tenet directed by the legendary Christopher Nolan opens on September3. And enjoy seeing Russell Crowe in Unhinged starting August21. More new movies will be released throughout September and thefall. Also starting August 21, and leading up to Tenet, we are delighted to show a special 10th Anniversary edition of Christopher Nolan’s Inception, which includes a special message from Chris and sneak preview footage of Tenet.”

“As for library titles, we will be showing all of these beloved movies on the big screens of AMC: Back to the Future, Beauty and the Beast, Black Panther, Bloodshot, Ghostbusters, Goonies, Grease, I Still Believe, Jumanji:TheNextLevel, Sonic the Hedgehog, and Star Wars: Episode V – The Empire StrikesBack. Check our website or mobile app for showtimes and advance ticketing beginning mid-morning tomorrow.”

4. VALUABLE OFFERS TO WELCOME YOU BACK

“Starting August 21, our bringing back of classic movies will all be priced at only $5per ticket plus tax. New releases will be at normal current-day pricing. We also are offering a whole host of $5 food and beverage specials to welcome you back to ourtheatres.”

5. DOUBLE POINTS AND TIME EXTENSIONS FOR YOU AS AN AMC STUBS MEMBER

“All the way from the day we reopen through to October 31, 2020 you will earn double AMC Stubs points for all your eligible AMCpurchases. We recognize that you have been unable to use your AMC Stubs points and rewards that were set to expire while theatres were closed, so they all automatically have been extended through October 31, 2020. This extension includes all birthday rewards as well. We have also extended your Premiere membership by eight months to ensure you receive the full value that you deserve from your membership.”

6. A $5 GIFT FOR YOU AS A PREMIEREMEMBER

“As a thank you for your loyalty to AMC, we are also awarding each active Premiere member with $5 in bonus bucks to use through October 31, 2020. This gift to you has been loaded automatically into your account to be used as you wish on any paid tickets or food and beverages at our theatres over the next twomonths.”

7. LOWEST PRICE ON RENEWING PREMIERE MEMBERSHIP

“We are also lowering the price of Premiere membership renewal to only $5+tax (normally $15+tax) through October 31, 2020. This is the lowest price for Premiere membership renewal in several years, and would be added to the end of your existing membership. Do not miss out on all of the Premiere perks including waived online ticketing fees, free size upgrades on popcorn and drink, and a $5 reward for every $50spent.”

8. SOME CHANGES IN TERMS

“On December 1, 2020, AMC Stubs members will no longer earn AMC Stubs points for their monthly or annual membership fees. Of course, you will continue to earn AMC Stubs points for your individually purchased movie admissions tickets, and for paid food and beverage purchases.”

9. AND FINALLY…

“Family after family has had to deal with trauma, sacrifice and loss with this coronavirus spread. And so too, this has been a rough time for many businesses, both big and small, who have had to cope with something not seen in the modern era — a sustained lockdown of just about all of the world’s population. Some companies did not make it through, and I would not be surprised if you read rampant press speculation about AMC. Fortunately, we are navigating this proud 100-year old company through these unprecedented times. What this means for you is that AMC will be around for a long, long, long time tocome.”

Aron concluded, “We will share more information with you tomorrow, but first wanted to provide a sneak peek. With our theatres now reopening, AMC can proudly look forward to entertaining and amusing you once again. Here’s to our next 100 years of making smiles happen at your local theatre. See you at themovies!Signed: Adam Aron –CEO and President,AMC Theatres”

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Featured Photo Credit – Source: AMC Theatres


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As an avid enthusiast with extensive knowledge in the realm of cinema, it's evident that the recent announcement from AMC Theatres about their re-opening plans after a 5-month closure due to the COVID-19 pandemic is a significant development in the entertainment industry. My familiarity with the industry and its dynamics allows me to delve into the various concepts presented in the article with a nuanced understanding.

  1. Reopening Strategy: AMC Theatres, under the leadership of CEO Adam Aron, is strategically reopening its theaters. The gradual approach, with more than 100 theaters resuming operations on August 20th and a target to have about two-thirds of theaters open by September 3rd, demonstrates a well-thought-out plan. The remaining locations will open based on further clearance from state and local authorities.

  2. Safety Protocols: The article emphasizes AMC's commitment to safety through rigorous cleaning and safety protocols. The involvement of experts from The Clorox Company and Harvard University's School of Public Health showcases a meticulous approach. The significant financial investment in the AMC Safe & Clean initiatives underscores the company's dedication to ensuring a safe movie-going experience.

  3. Movie Lineup: The introduction of new movie titles like Disney's "The New Mutants" and Warner Brothers' "Tenet," along with the re-screening of Christopher Nolan's "Inception" for its 10th Anniversary, highlights AMC's effort to bring fresh content to audiences. Additionally, the inclusion of beloved library titles adds a nostalgic touch to the offerings.

  4. Promotional Offers: AMC is enticing patrons with valuable offers to welcome them back. Classic movies will be priced at $5 per ticket, and there are $5 food and beverage specials. These promotional strategies aim to attract audiences and revive interest in the theatrical experience.

  5. AMC Stubs Member Benefits: The article outlines the benefits for AMC Stubs members, including double points on eligible purchases, extensions for points and rewards, and a $5 gift for Premiere members. These initiatives are designed to show appreciation to loyal customers and encourage continued patronage.

  6. Membership Renewal: AMC is offering a discounted price of $5+tax for Premiere membership renewal, emphasizing the added value with perks like waived online ticketing fees, free size upgrades, and rewards for spending.

  7. Changes in Terms: The article mentions upcoming changes in terms for AMC Stubs members, indicating that they will no longer earn points for monthly or annual membership fees starting from December 1, 2020. This reflects adjustments in the loyalty program structure.

  8. Assurance of Longevity: The concluding remarks from Adam Aron provide reassurance about AMC's resilience amid the challenges posed by the pandemic. The commitment to navigating through unprecedented times and the anticipation of AMC's presence for the next 100 years instills confidence in the company's longevity.

In summary, the comprehensive information presented in the article signifies AMC Theatres' strategic, customer-centric approach to reopening, with a focus on safety, enticing content, promotional offers, and member benefits. The detailed communication from the CEO adds a personal touch and emphasizes the company's commitment to both safety and the long-term satisfaction of its patrons.

AMC Theatres Announces Re-Opening Plans and Changes Coming to Their Theaters (2024)

FAQs

What is the new initiative of AMC theaters? ›

By the end of 2023, AMC says it will begin testing a new seating concept, this time focused solely on the front row. “AMC is applying its learnings as it pivots to its next innovation — enhanced spacious front row seating with extensive seat recline,” the statement concludes.

Did AMC Entertainment announced a plan to charge different prices for movie tickets? ›

AMC Entertainment dropped its plans to charge customers variable prices for movie theater seats. The company announced its "Sightline" pricing strategy in February and tested it out at select locations in three U.S. markets. The program charged moviegoers more for the best theater seats, or "Preferred Sightline" seats.

Will theaters make a comeback? ›

After a long period of low theater attendance, in 2023 the cinemas saw the return of grand audiences, with films such as “Barbie” and “Oppenheimer.” Undoubtedly, these releases exemplified that theaters can be one of the most unifying places in the world where many can find themselves alongside people they may have ...

How are AMC theaters going to price tickets in the future? ›

It Will Soon Depend Where You Sit. By the end of 2023, the movie theater chain will offer tickets at three different price tiers, with middle seats costing the most. You'll pay less if you like the front row.

Is AMC merging? ›

In August, a Delaware court approved a merger between AMC and AMC preferred shares that made all outstanding shares AMC common stock. AMC also executed a 10-for-1 reverse stock split at the time. AMC CEO Adam Aron previously said the stock conversion was crucial to AMC having proper cash balances in 2024 and 2025.

Why is AMC trending down? ›

UPDATED with closing stock price: AMC Entertainment shares fell more than 14% Thursday to close at $3.72 on jitters over the company's financial health. The nation's biggest theater chain said early in the day it might sell up to $250 million-worth of stock, citing a low first-quarter box office.

What day is the cheapest to go to AMC? ›

AMC Stubs A-List members can really get the most out of our Discount Tuesdays program. You can choose to waive your A-List benefit and get cheap tickets on Tuesdays (you'll still earn AMC Stubs reward points) or you can use one of your A-List reservations and pass on Tuesday benefits to the rest of your party!

Is AMC charging more for better seats? ›

Moviegoers no longer have to worry about paying extra for better seats at theaters operated by AMC Entertainment. The company has abandoned its pricing plan, AMC announced Thursday, leaving the cost of all seats in any given theater the same.

Why are movie tickets so expensive now? ›

The costs of rent, utilities, staff, equipment, and maintenance can be significant, and theaters need to charge enough to cover these expenses. Exclusive movie releases: Movie theaters often have exclusive rights to show new releases for a period of time before they become available on streaming platforms.

Why are theaters struggling? ›

Professional nonprofit theaters across the country are still struggling to attract patrons who stopped attending live shows during the COVID-19 pandemic, and shifts in audience behavior combined with depleted federal support will likely conspire to create an even more uncertain future for performing arts organizations, ...

Why is cinema declining? ›

A decline in interest in movies and moviegoing cannot only be attributed to this reliance on franchise films and remakes. COVID-19's impacts have been long-lasting, as regular moviegoers were forced to turn to the very streaming platforms that are being blamed for this decline we are now facing.

Is the cinema on the decline? ›

Not only is the trend not back to pre-COVID levels, but theater attendance was already trending down slowly over time pre-COVID. The trend is decline, though it won't go away entirely.

How high is AMC expected to go? ›

According to our current AMC stock forecast, the value of AMC Entertainment Holdings shares will rise by 15.13% and reach $ 3.78 per share by April 29, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 39 (Fear).

Is Prime AMC worth it? ›

I've seen a few movies now in AMC prime, I was expecting to be blown away by it, but I wasn't, but it is a great way to watch a movie, put your feat up and put your seat back. Seats vibrate to the action, huge screen, and very good sound. It may not be worth the near 20$ price ticket but it's very good.

Why is AMC changing prices? ›

The chain's press release, like many documents of its kind, is rife with corporate-speak fast-talking, much of it contributed by Eliot Hamlisch, the chain's executive vice president and chief marketing officer, who claims that by “offering experience-based pricing” the chain is actually helping to “ensure that our ...

What is the post pandemic strategy of AMC? ›

AMC Entertainment, often viewed as a bellwether for the industry as the world's largest movie theater chain, is not immune to those challenges. To aid its recovery, AMC is diversifying its in-theater offerings and cutting more deals with musicians for concert films.

What makes AMC different from other theaters? ›

AMC Theatres is dedicated to innovating the way you see movies. Don't just visit a theatre; experience the AMC difference of premium formats that bring you superior acoustics, richer imagery, and a choice between Real D® 3D, Dolby Cinema®, and IMAX® technologies.

Is AMC projected to go up? ›

The average price target for AMC Entertainment is $5.22. This is based on 7 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $8.00 ,the lowest forecast is $4.00. The average price target represents 75.17% Increase from the current price of $2.98.

Is AMC going to rise again? ›

In 2024, many market watchers predict that AMC stock will be worth between $1 and $6. Private retail investors, many of whom aided AMC's significant gain in 2021, are more optimistic, with some projecting a $40 share price. Trade Tokenized Stock Futures on BTCC Now!

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