On the Strength of AVATAR: THE WAY OF WATER and Premium Formats, AMC Theatres® Way Outpaces the Same Weekend in Pre-pandemic 2019 on Admissions Revenue and Food & Beverage Revenue – Domestically and Internationally
20 December 2022 - 12:30AM
Business Wire
Powered by AVATAR: THE WAY OF WATER, AMC’s U.S.
and global admissions revenue and food & beverage revenue
finish significantly higher than the same weekend in pre-pandemic
2019, which was led by the opening JUMANJI: THE NEXT LEVEL
Premium formats were exceptionally popular this
weekend as more than 70 percent of all admissions revenue for
AVATAR: THE WAY OF WATER came from a premium experience like 3D,
IMAX at AMC, Dolby Cinema at AMC and PRIME at AMC
Internationally, ODEON Cinemas on Saturday
recorded its highest single-day admissions and food and beverage
revenue in 2022
AMC Theatres® (NYSE:AMC and APE), the largest theatrical
exhibitor in the United States and the world, today announced that
based on the strength of premium formats, and a great desire by
moviegoers to return to Pandora via AVATAR: THE WAY OF WATER, the
Company finished materially ahead on U.S. and global admissions
revenue and food & beverage revenue versus the same weekend in
pre-pandemic 2019, which was led by the opening of JUMANJI: THE
NEXT LEVEL.
The groundbreaking, mesmerizing 3D experience led to AVATAR: THE
WAY OF WATER being a huge hit in premium formats in the United
States. Tickets sold in RealD 3D and Premium Large Formats like
Dolby Cinema at AMC, IMAX at AMC, and PRIME at AMC made up more
than 70% of all box office gross to the movie at AMC.
Overseas, the movie played strong all weekend, but particularly
on Saturday, when Saturday, AMC’s ODEON Cinemas enjoyed its highest
admissions revenue and food & beverage revenue for a single day
in 2022.
AMC Chairman and CEO Adam Aron Commented:
“At AMC, we’re greatly encouraged to see our revenues soar on
the opening weekend of AVATAR: THE WAY OF WATER. James Cameron has
done it again with a masterpiece of a film that generated revenues
at AMC and ODEON Cinemas that were materially ahead of pre-pandemic
2019. AVATAR: THE WAY OF WATER demands to be seen on the biggest
screens, with the loudest sounds in the most comfortable seats
imaginable. Not only that, but I’d recommend seeing it in one of
our premium formats like IMAX at AMC, Dolby at AMC or PRIME at AMC,
Laser at AMC, and seeing it in the visually stunning 3D. The film
is unlike anything I’ve ever experienced. All of us at AMC and
Odeon extend our eternal thanks to James Cameron for the brilliance
of his vision, and to all our friends at Disney for their tireless
efforts to make this remarkable and immersive film. I’ve already
seen it twice this past weekend, and I can’t wait to go see it
again.”
Tickets for AVATAR: THE WAY OF WATER are on sale through the
holidays at all AMC locations in the United States. Moviegoers can
visit amctheatres.com or use the AMC mobile app to see showtimes
and purchase tickets.
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the United
States, the largest in Europe and the largest throughout the world
with approximately 950 theatres and 10,500 screens across the
globe. AMC has propelled innovation in the exhibition industry by:
deploying its Signature power-recliner seats; delivering enhanced
food and beverage choices; generating greater guest engagement
through its loyalty and subscription programs, web site and mobile
apps; offering premium large format experiences and playing a wide
variety of content including the latest Hollywood releases and
independent programming. For more information, visit
www.amctheatres.com.
Category: Company Release
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version on businesswire.com: https://www.businesswire.com/news/home/20221219005255/en/
MEDIA CONTACT Ryan Noonan, (913) 213-2183
rnoonan@amctheatres.com
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