AMC CEO: Earnings show the movie industry is finally back

Financial Performance - AMC's Q2 attendance increased by 26% globally [3] - AMC's Q2 revenue increased by 36% [3] - AMC's Q2 EBITDA increased by 391% year-over-year [3] - AMC has over $1 billion less debt today than it had when it entered Covid [13] - AMC moved over 250% billion of debt from a 2026 maturity to a 2029 maturity [14] Industry Dynamics & Strategy - The movie industry is finally back after five years roaming around in the wilderness after Covid [2] - The 12-month run rate of movies starting April 1st of this year through March 31st of 2026 is fabulous, and the box office is going to be the biggest that it's been since Covid [4] - AMC's profit per patron is up almost 50% since pre-COVID levels [5] - Skydance wants to double the number of movies that it releases at Paramount [7] - Streaming services and theaters can operate harmoniously together at the same time [9] - The most successful movies on streaming services are the ones that go to theaters first [10]