AMC Jan 2024 30.000 call
| Previous close | 6.30 |
| Open | 5.82 |
| Bid | 5.00 |
| Ask | 5.85 |
| Strike | 30.00 |
| Expiry date | 2024-01-19 |
| Day's range | 5.25 - 6.10 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.4k |
- Yahoo Finance Video
Box office expected to close 2023 below pre-pandemic levels
2023 has marked a trailblazing year for movie attendance, from the summer "Barbenheimer" hype and Taylor Swift's Eras Tour and Beyoncé's Renaissance concert films. Macquarie Group Senior Analyst Chad Beynon explains that while box office profits are on course for notable year-over-year gains, expected to reach $2 billion in the fourth-quarter, returns are not yet back to pre-pandemic levels. Beynon joins Yahoo Finance Live to share his outlook on movie theater operators AMC Entertainment (AMC) and Cinemark (CNK), and theater experience and projection company IMAX (IMAX), while commenting on the impact of the Hollywood strikes. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
How movie theaters are having to adapt to changing times
Following the success of Taylor Swift's Eras Tour concert film, movie theaters are looking to repeat those box office figures through Beyonce's upcoming Renaissance concert film. Movie theaters are having a tough time getting movie fans into seats while competing with streaming content, especially after disappointing Thanksgiving weekend sales. Box Office Pro Chief Analyst Shawn Robbins joins Yahoo Finance to discuss the ways movie theaters are learning to pivot and lean into certain strategies, such as creating events and experiences through these concert films, to assuage changing consumer wants. "Eventizing things like that is partly attributable to the memberships, to the rewards programs, to being able to pay $25 a month and having access to go see at least one or two movies a week," Robbins says. "It's things like that the industry is really starting to embrace and I think is going to be a big part of their future..." Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.
Yahoo FinanceBeyoncé concert film to debut on heels of Taylor Swift's 'Eras Tour' movie success
The release of both concert films has come at a critical time for theaters as the nearly five-month-long writers strike, coupled with the recently concluded actors strike, caused multiple disruptions to the film release schedule.
