What is AMC CEO Adam Aron's stance on partnering with Netflix?

Adam Aron expressed enthusiasm for expanding the collaboration with Netflix, stating that the two companies should be best friends and are looking forward to creating mutually beneficial theatrical events.

Have recent Netflix theatrical releases been successful at AMC?

Yes, recent Netflix theatrical releases at AMC have been successful, generating significant concession revenue and admissions, particularly highlighting the "Stranger Things" series finale and "KPop Demon Hunters."

What strategic advantage does AMC see in collaborating with Netflix?

AMC sees a compelling strategic advantage due to the significant audience overlap, as roughly two-thirds of AMC Stubs loyalty members also subscribe to Netflix.

Home / Arts and Entertainment / AMC Boss: Netflix & Theaters Should Be Best Friends

AMC Boss: Netflix & Theaters Should Be Best Friends

26 Feb

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Summary

AMC CEO Adam Aron expressed enthusiasm for expanding Netflix collaboration.
Recent Netflix theatrical releases at AMC generated significant revenue.
AMC and Netflix aim for innovative, mutually beneficial theatrical events.

AMC Boss: Netflix & Theaters Should Be Best Friends

AMC CEO Adam Aron has publicly advocated for a strengthened partnership between his theater circuit and Netflix, a notable departure from their historically distant relationship. Aron's remarks during a recent earnings call emphasized the success of recent Netflix theatrical collaborations, citing strong concession revenue and admissions figures.

He pointed to the significant overlap between AMC Stubs loyalty members and Netflix subscribers as a compelling strategic advantage. Aron expressed enthusiasm for expanding this relationship, envisioning innovative theatrical events that benefit both AMC and Netflix.

This positive stance from AMC contrasts with broader industry concerns about Netflix's commitment to traditional theatrical releases. While Netflix has experimented with theatrical runs, including upcoming screenings for "One Piece" and a Greta Gerwig "Narnia" IMAX release, questions persist regarding long-term, wide-release commitments.

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