All of AMC's revenue growth came from Taylor Swift and Beyoncé films, theater chain says
AMCAMC(AMC) CNBC·2024-03-01 03:24

Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023.Move over Nicole Kidman. AMC has some new patron saints.In the final three months of 2023, AMC saw revenue increase by 12% and operating profit by one measure nearly tripled compared with the same period a year before. "Literally all" that growth was tied to concert films from Taylor Swift and Beyoncé, AMC CEO Adam Aron told analysts Wednesday."These two movies ...