How ‘Top Gun’ flew a cash surge into AMC

Published

2 years ago

August 5, 2022

Costa Haritos

AMC Entertainment is reporting second-quarter revenue ahead of Wall Street estimates.

The theatre chain is putting this down to big films like “Top Gun: Maverick”, which continues to draw crowds.

It’s driving a surge in box-office hits for the world’s biggest theatre chain.

The company has announced a special dividend to be paid later this month.

One preferred equity unit will be offered for the 516 million ‘Class A’ common stocks.

AMC is putting the success down to the re-opening of chains after COVID halted screenings across the industry.

Will Tesla’s supercharger layoffs eventually payoff?

Published

2 mins ago

May 6, 2024

ticker NEWS

Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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Writer’s strike fallout: theatres recycling films in lieu of fresh content?

Published

2 days ago

May 4, 2024

ticker NEWS

In an industry constantly looking towards the future, anniversary re-releases offer a welcome opportunity to celebrate the past.

In an era of nostalgia, anniversary re-releases of classic films like “Star Wars Episode 1: The Phantom Menace,” “Spider-Man 2,” and “Shrek 2” are captivating audiences anew.

From the thrill of podracing to the iconic battles between heroes and villains, these films offer a chance to relive cherished moments on the big screen.

Tobey Maguire’s Spider-Man swings back into action, Shrek and his crew return for another hilarious adventure, and the galaxy far, far away beckons once more.

As fans of all ages flock to theaters, these timeless classics remind us why great storytelling endures, bridging generations and captivating audiences with their magic.