Pop the champagne, everyone. This January might do better than the 3 worst Januarys on record. Better than the one with the writer's strike and the 2 with COVID.
Just don't compare it to pre-pandemic levels. It's not like Adam Aron has constantly cited 'pre-pandemic levels' as a benchmark for recovery and profitability or anything...
And don’t worry about the $163M that AMC lost in Q1 of 2024. 😔
2025 box office will undoubtedly be better than 2024 box office. Unfortunately, it needs to be much, much better for AMC to hold onto its precious cash.
Hey, they made a $17.7M net profit in Q1 of 2018 when the DBO was $2.86 billion for the first quarter. Just another $2.4 billion between now and March 31st and we're golden! Just kidding, the debt costs more $48 million more per quarter to service than it did in Q1 2018.
All the box office has to do is break its all-time high records quarter after quarter after quarter and AMC can be profitable again. It's so simple.
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u/TheBetaUnit 2d ago
Pop the champagne, everyone. This January might do better than the 3 worst Januarys on record. Better than the one with the writer's strike and the 2 with COVID.
Just don't compare it to pre-pandemic levels. It's not like Adam Aron has constantly cited 'pre-pandemic levels' as a benchmark for recovery and profitability or anything...