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AMC CEO Says Apple And Amazon Are Warming Up To Theatrical Releases But This Streaming Giant Still Isn't Convinced

Benzinga LogoBenzinga13h ago

AMC CEO Says Apple And Amazon Are Warming Up To Theatrical Releases But This Streaming Giant Still Isn't Convinced - Benzinga

Quick Summary:

What Happened: "There are streamers and then there are streamers," Aron said during AMC's fourth-quarter earnings call. 

The CEO noted that both companies have shown enthusiasm for theatrical distribution, with Amazon significantly expanding its distribution team to boost film releases.

On Tuesday, AMC Entertainment Holdings Inc.(NYSE:AMC) CEO Adam Aron said that the world's biggest streamers are rethinking their approach to the big screen—Apple Inc.(NASDAQ:AAPL) and Amazon.com, Inc.(NASDAQ:AMZN) are fully on board, but Netflix Inc.(NASDAQ:NFLX) still needs convincing.

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AMC CEO Says Apple And Amazon Are Warming Up To Theatrical Releases But This Streaming Giant Still Isn't Convinced - Benzinga (Picture 1)

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 04:35:16 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26451050

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 31 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

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Publisher ID: #53

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