Core Viewpoint - AMC Entertainment is focused on the potential impact of studio consolidation on the number of theatrical releases, which is crucial for its business model [1][4]. Group 1: Studio Commitments - Paramount, under new ownership, aims to increase its theatrical releases from seven movies a year to more than double that count [2]. - Warner Bros. is also looking to increase its movie output, which is currently projected at 11 movies in 2025, with plans to boost this number in 2026 and beyond [3]. Group 2: Industry Dynamics - AMC is closely monitoring the situation regarding Warner Bros. Discovery (WBD), which is exploring offers for the company or its individual businesses, with interest from major players like Amazon MGM, Comcast, and Netflix [4][5]. - The potential merger of Hollywood studios typically does not lead to an increase in output, but with Paramount's rising output, the future slate with WBD remains uncertain [6].