AMC Theatres CEO Pushes for Paramount Warner Bros. Merger in Op-Ed
Key Points:
- AMC Theatres, the world’s largest movie theater operator, reports a strong comeback in 2026, achieving its highest ever revenues and Adjusted EBITDA, signaling recovery after the COVID-19 pandemic and industry strikes.
- The resurgence in moviegoing is driven by blockbuster releases from major studios and streaming services, with young audiences, especially Gen Z, leading the return to theaters as a social event.
- AMC emphasizes the need for more theatrical releases and longer exclusive theater windows to sustain this momentum, criticizing the trend of rushing movies to home viewing, which undermines communal movie experiences.
- The company supports the proposed Paramount-Warner Bros Discovery merger, arguing it will strengthen the production of quality films and theatrical exclusivity, which benefits theaters and audiences alike.
- AMC urges regulators to approve the merger and focus on holding the combined company accountable for commitments to increase film output and maintain theatrical windows, viewing this as essential for the industry's future growth.