AMC Entertainment (NYSE:AMC) Q4 2025 Earnings call February 24, 2026 05:00 PM ET Company ParticipantsAdam Aron - CEOChad Beynon - Managing DirectorJohn Merriwether - VP of Investor RelationsSean Goodman - CFOOperatorHello, welcome everyone to today's AMC Entertainment Holdings, Inc. fourth quarter and full year 2025 earnings webcast. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions during the question-and-answer session. To register to ask a que ...

This image released by Sony Pictures shows characters, from left, Modo, voiced by Nick Kroll, Lenny, voiced by Stephen Curry, Will, voiced by Caleb McLaughlin, Olivia, voiced by Nicola Coughlan, Jett, voiced by Gabrielle Union, and Archie, voiced by David Harbour, in a scene from the animated film "GOAT." (Columbia Pictures and Sony Picture Animation via AP)It was a battle of the holdovers at the North American box office this weekend, with the family friendly film “GOAT” edging out the R-rated “Wuthering H ...

In 2000, Looking for Alibrandi, the debut movie by director Kate Woods, won best film at the Australian Film Institute (AFI) Awards.The much-loved coming-of-age movie, starring Pia Miranda and Anthony LaPaglia, landed a total of five awards, including best lead actress for Miranda.AFI rebranded to the Australian Academy of Cinema and Television Arts (AACTA), and this year Woods returns to its annual award night, the AACTAs, on February 6, off the back of what is only her second movie, Kangaroo.Read the full ...

Group 1 - The 83rd Golden Globe Awards took place on January 11, with "One More Time" winning four awards, including Best Motion Picture - Musical or Comedy and Best Director [1][3] - "One More Time" led the nominations with nine and is expected to perform well in the upcoming Oscars, indicating a strong position for Warner Bros. as it faces a potential acquisition by Netflix [3][4] - Timothée Chalamet won the Best Actor in a Motion Picture - Musical or Comedy for "Supreme Marty," becoming the youngest recipient of this award in Golden Globe history [1][3] Group 2 - "Supreme Marty," produced by independent studio A24, has grossed $70.13 million in North America, making it A24's highest-grossing film to date [4] - The film's production budget was $65 million, and it is expected to continue its success during the awards season [4] - A24 also produced "If I Had Legs, I Would Kick You," which won Best Actress in a Motion Picture - Musical or Comedy, showcasing the studio's strong performance in the awards circuit [4] Group 3 - Netflix's animated film "K-POP: Demon Hunter Group" unexpectedly won Best Animated Feature, defeating Disney's "Crazy Animation City 2" [5] - The Brazilian film "The Spy" won Best Foreign Language Film and Best Actor in a Motion Picture - Drama, marking a significant achievement for Brazilian cinema [5] - The British series "Chaos Youth" was the biggest winner in the television category, taking home four awards, including Best Limited Series [5] Group 4 - The ceremony reflected a somber atmosphere due to the political climate and uncertainty in the industry, following disappointing box office results [6] - Several attendees, including Mark Ruffalo, wore pins protesting against the U.S. Immigration and Customs Enforcement (ICE), highlighting social issues relevant to the film industry [6]

Group 1 - The North American box office for 2025 reached $8.87 billion, falling short of the $9 billion target, representing only a 1.5% increase from 2024's $8.74 billion [1] - Since 2009, the North American box office has consistently surpassed $10 billion annually, and since 2015, it has exceeded $11 billion [1] - The average ticket price in North America rose to $13.29 in 2025, which helped maintain box office figures despite a significant drop in attendance [1] Group 2 - A total of 111 films were released in North America in 2025, compared to 143 in 2019, with the highest-grossing film being "Minecraft: The Movie" at $423.9 million [2][3] - The number of films grossing over $100 million decreased from 24 in 2023 and 22 in 2024 to 20 in 2025, indicating a trend towards fewer successful films [3] - Disney led the market with $2.49 billion in North American box office revenue, capturing 25% of the audience share, followed by Warner Bros. at 21% and Universal at 18.5% [7][8] Group 3 - Major franchises like Marvel faced significant challenges, with films such as "Captain America 4" and "Thunderbolts" reporting losses in the tens of millions [5] - Despite strong performances from films like "Avatar: The Way of Water" and "Jurassic World: Rebirth," there was a noticeable decline in box office compared to previous installments in their respective series [5] - The overall performance of the North American film market in 2025 is seen as a potential new normal for Hollywood, with predictions of theater closures due to rising operational costs [8]

Elizabeth Olsen, Miles Teller And Callum Turner Discuss ‘Eternity’New in theaters right now is one of the most original and refreshing comedies in a good while - A24’s Eternity. Starring Elizabeth Olsen as Joan, Miles Teller as Larry and Callum Turner as Luke, Eternity revolves around the afterlife and the important decision of how (and with whom) you want to spend the rest of eternity. https://t.co/JiPq49IftS ...

Group 1 - The Academy announced the list of 35 films eligible for the Best Animated Feature category, including "The King's Avatar 2" and "Zootopia 2," but notably excluded "Nezha: The Devil's Child," which set box office records for animated films [1][3] - "Nezha: The Devil's Child" met the eligibility criteria for the Oscars, including a runtime of over 40 minutes and a minimum of 75% animation, but the production company, Huayi Brothers, confirmed they did not submit the film for consideration [3] - Industry analysts suggest that "Nezha" may have faced scrutiny regarding its animation techniques, as some scenes reportedly used a combination of live-action and special effects, which could lead to its exclusion from the category [3] Group 2 - A total of 86 films are eligible for the Best International Feature category, with "Nanjing Photo Studio" representing mainland China in the competition [4] - "Nanjing Photo Studio" has achieved significant box office success, leading with 2.89 billion yuan in revenue and receiving high ratings on various platforms [7]

Group 1 - The Academy of Motion Picture Arts and Sciences announced the list of films eligible for the Best Documentary Feature, Best International Feature, and Best Animated Feature categories for the Oscars [1] - A total of 35 films are eligible for the Best Animated Feature category, but "Ne Zha" is notably absent from this list [1][3] - The absence of "Ne Zha 2" has surprised Hollywood media, as it was considered a strong contender alongside other films like "Paddington Bear 3" and "The Smurfs: The Magic" [3] Group 2 - The eligibility criteria for Best Animated Feature include a minimum runtime of 40 minutes, at least 75% of the film being animated, and a commercial release in specific U.S. cities for at least seven consecutive days with a minimum of three screenings per day [3] - A total of 86 films are eligible for the Best International Feature category, including "Nanjing Photo Studio" and "Breaking Hell" [4]

Core Insights - The resurgence of "New Chinese Horror" in popular culture is driven by quality works in gaming and comics, alongside local low-budget horror films exploring folklore, urban legends, and social issues [1][2] - The success of films like "Yuan Yang Lou: Horror" demonstrates the potential for local horror films to resonate with audiences through updated narratives and social themes [2][5] - The marketing strategies for local horror films have evolved to emphasize social experiences and engagement, leveraging social media and event-based promotions [4][5] Group 1: Market Trends - From 2024 to 2025, local horror films are expected to achieve several commercial breakthroughs in box office performance [2] - "Yuan Yang Lou: Horror" has become a benchmark for small-budget films, achieving significant box office success and positive reception [2] - The audience demographic for "Yuan Yang Lou: Horror" shows a notable shift, with nearly 70% female viewers and almost 60% under 25 years old [2] Group 2: Narrative and Content Development - The narrative evolution in local horror films combines traditional horror elements with contemporary social issues, such as female empowerment and workplace anxiety [5][14] - The use of confined settings in horror films enhances the immersive experience, allowing for a more focused and intense atmosphere [5][14] - Despite some advancements, local horror films still face challenges with narrative fatigue and structural limitations, often relying on familiar tropes [14][18] Group 3: Industry Comparisons - Blumhouse Productions and A24 serve as models for local filmmakers, showcasing different approaches to horror film production—Blumhouse focuses on low-budget efficiency while A24 emphasizes artistic expression [6][10] - Blumhouse's success is attributed to its ability to create impactful narratives within budget constraints, while A24's films often explore deeper psychological themes [8][10] - Both companies highlight the importance of brand identity, cost management, and audience trust in the horror genre [10][12] Group 4: Future Opportunities - The integration of folklore and social themes presents a clear direction for local horror films, potentially leading to a new wave of creative opportunities [1][14] - Streaming platforms like Netflix are expanding their horror content, indicating a growing market for diverse horror narratives and sub-genres [12][13] - The local horror film industry must address structural issues and seek to establish stable IP chains to build a loyal audience base [18][19]

Summary of Cinemark's Conference Call Industry Overview - **Consumer Enthusiasm**: Consumer enthusiasm for movie-going remains strong, with a robust and diverse film slate expected for the holiday quarter and into 2026, indicating potential industry growth [3][5][6] - **Film Release Patterns**: Studios are increasing theatrical output, with Paramount planning to double its annual wide release schedule from 8 to 15 films next year, and Amazon also aiming for around 15 films per year [4][5] Company Performance - **Average Ticket Price (ATP)**: Cinemark has achieved ATP growth of 4-5% over the past few years, with expectations for moderate growth in ATP for Q4 2023 and full year 2025, driven by strategic pricing and premium formats [8][9][10] - **Concessions Growth**: Food and beverage per caps have grown at 6-7% over the past few years, with moderate growth expected moving forward, supported by initiatives to enhance offerings and optimize pricing [17][18][19] Strategic Initiatives - **Premium Large Format (PLF) Screens**: Cinemark is investing in PLF screens, including XD and ScreenX, with plans to add 80 D-Box auditoriums and 20 ScreenX locations in Latin America, indicating a focus on enhancing guest experience [12][16] - **Non-Traditional Content**: Non-traditional programming has become a significant revenue driver, representing 16% of box office in the last quarter, with a focus on genres like anime and faith-based films [34][35] Financial Outlook - **Cost Management**: The company is facing inflationary pressures on wages and concession costs but is implementing strategies to mitigate these through sourcing and operational efficiencies [21][25] - **Margin Structure**: Cinemark is optimistic about long-term margin potential, with expectations for box office recovery and strategic initiatives to drive margins higher [26][27] Capital Allocation - **Shareholder Returns**: The company has announced a $300 million share buyback and raised dividends by 12-13%, with a balanced approach to returning capital to shareholders while maintaining a strong balance sheet [38][39] - **Growth CapEx**: Capital expenditures are expected to increase next year, focusing on premium amenities and new builds [41] M&A Strategy - **M&A Appetite**: Cinemark is open to M&A opportunities, targeting high-quality assets with minimal deferred maintenance, and looking for accretive opportunities that enhance market penetration [43][45] Theatrical Windows and Release Strategies - **Theatrical Windows**: The company supports a flexible theatrical window strategy, with most major films having a 45-day window, while advocating for a consistent release schedule throughout the year to maximize box office potential [49][56] Marketing Initiatives - **Brand Campaign**: Cinemark has launched a comprehensive brand campaign aimed at enhancing customer loyalty and showcasing the unique experience of watching movies at Cinemark [57][59]