Adam Aron(@CEOAdam) 's Twitter Profileg
Adam Aron

@CEOAdam

Proud to be "The Silverback." CEO of @AMCTheatres since 2016. Former CEO of Starwood Hotels, Norwegian Cruise Line, Vail Resorts and Philadelphia 76ers.

ID:399216451

linkhttp://www.amctheatres.com calendar_today27-10-2011 05:06:42

5,5K Tweets

312,2K Followers

3,2K Following

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Today, AMC previewed our first quarter 2024 earnings.

I am very pleased to relay to you that our financial results were stronger than consensus analysts estimates.

I will have much more to say on our May 8 earnings call.

Here is the press release:

businesswire.com/news/home/2024…

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CinemaCon 2024 newsflash: I'm more ebullient about the future of movies in movie theatres now than I've been in years. A key reason -- the masterful story tellers of Disney are back in all of their glory. What an extraordinary slate of movies Disney is bringing to the big screen!

CinemaCon 2024 newsflash: I'm more ebullient about the future of movies in movie theatres now than I've been in years. A key reason -- the masterful story tellers of Disney are back in all of their glory. What an extraordinary slate of movies Disney is bringing to the big screen!
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The annual CinemaCon in Las Vegas showcases the many fabulous movies that will be released in 2024, 2025 and 2026. The coming movie slate is so big and so impressive. Among the sure smash hits is Universal's Wicked. Here is its ever so talented and brilliant Director John Chu.

The annual CinemaCon in Las Vegas showcases the many fabulous movies that will be released in 2024, 2025 and 2026. The coming movie slate is so big and so impressive. Among the sure smash hits is Universal's Wicked. Here is its ever so talented and brilliant Director John Chu.
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Ahead of this week's annual CinemaCon conclave, I was in LA all last week with numerous major studio execs, as well very talented Directors and accomplished Producers. I am SO encouraged by the film slate for 2nd half '24 and all of '25 and '26. So many really big movies coming.

Ahead of this week's annual CinemaCon conclave, I was in LA all last week with numerous major studio execs, as well very talented Directors and accomplished Producers. I am SO encouraged by the film slate for 2nd half '24 and all of '25 and '26. So many really big movies coming.
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I continue to be one of AMC's largest shareholders with an economic interest in about 2 million owned or granted AMC shares. Other than to fund mandatory federal and state income tax withholdings, I have not sold even one AMC share since January of 2022. I ride with you.

I continue to be one of AMC's largest shareholders with an economic interest in about 2 million owned or granted AMC shares. Other than to fund mandatory federal and state income tax withholdings, I have not sold even one AMC share since January of 2022. I ride with you.
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Also on compensation: For 2024, I recommended to AMC's Board of Directors that my compensation be materially reduced given the pain being felt by our shareholders. We agreed my 'target' compensation will be 25% less than last year's target, and 50% less than last year's actual.

Also on compensation: For 2024, I recommended to AMC's Board of Directors that my compensation be materially reduced given the pain being felt by our shareholders. We agreed my 'target' compensation will be 25% less than last year's target, and 50% less than last year's actual.
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Our draft proxy shows I was awarded AMC stock in 2023 (that I can not sell any time soon) valued using SEC required methodology at $17.9 million. At yesterday's closing share price, it is actually worth $1,345,000. So my compensation -- valued presently -- was $16.5 million less.

Our draft proxy shows I was awarded AMC stock in 2023 (that I can not sell any time soon) valued using SEC required methodology at $17.9 million. At yesterday's closing share price, it is actually worth $1,345,000. So my compensation -- valued presently -- was $16.5 million less.
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Here is another 'sweet' offer to all AMC moviegoers who also are members of AMC Investor Connect (including those who enroll by April 30). It is free for our shareholders to join: amctheatres.com/stockholders

Here is another 'sweet' offer to all AMC moviegoers who also are members of AMC Investor Connect (including those who enroll by April 30). It is free for our shareholders to join: amctheatres.com/stockholders
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Happy Easter everyone.

My good news on this Easter Sunday is that in March, the domestic industry box office finally turned upwards. The best March in five years.

This is so encouraging in looking at the movie slate deeper into 2024. Many superb movies are coming.

Happy Easter everyone. My good news on this Easter Sunday is that in March, the domestic industry box office finally turned upwards. The best March in five years. This is so encouraging in looking at the movie slate deeper into 2024. Many superb movies are coming.
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Godzilla x Kong: The New Empire opened large last night in movie theatres across the country.
At this point, you know me well and that I prefer Apes over Lizards!

Godzilla x Kong: The New Empire opened large last night in movie theatres across the country. At this point, you know me well and that I prefer Apes over Lizards!
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The impressive forthcoming movie slate gives me increasing confidence in the potential for a solid industry box office later in 2024 and in 2025. But the first part of 2024 is just a slog to wade through, given that the 2023 strikes delayed movie releases from early this year.…

The impressive forthcoming movie slate gives me increasing confidence in the potential for a solid industry box office later in 2024 and in 2025. But the first part of 2024 is just a slog to wade through, given that the 2023 strikes delayed movie releases from early this year.…
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Jason Blum and those at his company Blumhouse are the absolute masters of horror (horror in movies that is, in real life they are truly wonderful people). I am so proud AMC will showcase some of his best work beginning next weekend all across the U.S. amctheatres.com/events/halfway…

Jason Blum and those at his company Blumhouse are the absolute masters of horror (horror in movies that is, in real life they are truly wonderful people). I am so proud AMC will showcase some of his best work beginning next weekend all across the U.S. amctheatres.com/events/halfway…
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Last night in Manhattan at AMC Lincoln Square 13, I hosted the world premiere of the highly entertaining Jason Reitman and Gil Kenan flick Ghostbusters: Frozen Empire. If New York was overwhelmed by a cavalcade of ghosts -- dauna, dauna, duh, duh, dauna, dauna, WHO YA GONNA CALL?

Last night in Manhattan at AMC Lincoln Square 13, I hosted the world premiere of the highly entertaining Jason Reitman and Gil Kenan flick Ghostbusters: Frozen Empire. If New York was overwhelmed by a cavalcade of ghosts -- dauna, dauna, duh, duh, dauna, dauna, WHO YA GONNA CALL?
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Exciting programming news, given our long desire to increase having live sports on our big screens. AMC has reached agreement with NBC to show some of their live daytime coverage of the 33rd Summer Olympics. Paris. July 27 to August 11. At 160 AMC U.S. theatres. The Olympics!

Exciting programming news, given our long desire to increase having live sports on our big screens. AMC has reached agreement with NBC to show some of their live daytime coverage of the 33rd Summer Olympics. Paris. July 27 to August 11. At 160 AMC U.S. theatres. The Olympics!
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Congratulations to Best Director Christopher Nolan on your masterpiece Oppenheimer. We'll be playing your Oscar winning movie all week at AMC Theatres across the United States. amctheatres.com/movies/oppenhe…

Congratulations to Best Director Christopher Nolan on your masterpiece Oppenheimer. We'll be playing your Oscar winning movie all week at AMC Theatres across the United States. amctheatres.com/movies/oppenhe…
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The Oscar telecast on ABC in the U.S., and also showing all throughout the world, begins in less than 15 minutes.

The Oscar telecast on ABC in the U.S., and also showing all throughout the world, begins in less than 15 minutes.
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I have the honor of representing AMC and Odeon at the 96th Oscars, which start in an hour at the Dolby Theatre in Los Angeles.

Literally everyone I have talked with this weekend thinks Oppenheimer will take home Oscar gold as Best Picture. What do you think?

I have the honor of representing AMC and Odeon at the 96th Oscars, which start in an hour at the Dolby Theatre in Los Angeles. Literally everyone I have talked with this weekend thinks Oppenheimer will take home Oscar gold as Best Picture. What do you think?
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