Adam Aron Profile
Adam Aron

@CEOAdam

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Proud to be "The Silverback." CEO of @AMCTheatres since 2016. Former CEO of Starwood Hotels, Norwegian Cruise Line, Vail Resorts and Philadelphia 76ers.

Kansas City, USA
Joined October 2011
Don't wanna be here? Send us removal request.
@CEOAdam
Adam Aron
2 years
Attention #SHIBArmy : Our friends @Bitpay decided to support Shiba Inu specifically because I asked, so AMC can take Shiba Inu for online payments of movie tickets and concessions. @AMCTheatres to be the first @bitpay client to accept Shiba Inu. Timing 60-120 days. This is a WOW!
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@CEOAdam
Adam Aron
3 years
SO FASCINATING! Dogecoin Poll was by far my highest ever read tweet. In 24 hours, 4.2 million views, my most ever retweets, most ever replies. 140,000 votes 77% yes 23% no. Itโ€™s clear that you think AMC should accept Dogecoin. Now we need to figure out how to do that. Stay tuned!
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@CEOAdam
Adam Aron
1 year
Another example for @elonmusk that shows Twitter is such a powerful communications vehicle. A single tweet was the ONLY promotion of my Dec 18 movie screening of Avatar at AMC Disney Springs 24 in Orlando. Itโ€™s now 85% sold out, in less than 24 hours, three weeks in advance. Wow!
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@CEOAdam
Adam Aron
3 years
I never thought I would see this day. @ElonMusk liked my Dogecoin Twitter Poll tweet. If you happen to see this tweet too Mr. Musk, congratulations on Tesla and SpaceX. I have strived to be an innovator my entire career, but you sir are the epitome of innovation above all others.
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@CEOAdam
Adam Aron
3 years
Huge news Dogecoin fans! As we work to accept online crypto payments, now you can buy @AMCTheatres digital gift cards (up to $200 per day) with Dogecoin and other cryptocurrency using a BitPay Wallet.ย  Accepted on our web site, mobile app, and in theatres.
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@CEOAdam
Adam Aron
3 years
TWITTER POLL #2 : As you know, you can now purchase AMC gift cards using cryptocurrency, and our IT group is writing code so that soon we can accept online payments in Bitcoin, Ethereum, Litecoin and Dogecoin among others. Should we strive to take Shiba Inu too?
Yes Shiba Inu for Sure
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Yes The More The Merrier
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No You Have Enough Choice
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No Donโ€™t Take Shiba Inu
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@CEOAdam
Adam Aron
2 years
Well, well, well, would you look at this. โ€œJustice Department is Pursuing Wide-Ranging Investigation of Short-Sellers: Federal prosecutors are investigating whether short-sellers conspired to drive down stock pricesโ€ฆ.โ€ โ€” Wall Street Journal, February 16, 2022
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@CEOAdam
Adam Aron
2 years
Big newsflash! As promised, many new ways NOW to pay online at AMC.ย  We proudly now accept: drumroll, pleaseโ€ฆ Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next.
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@CEOAdam
Adam Aron
3 years
I sincerely want to hear your opinion, via this Twitter Poll. By year-end 2021, AMC will take Bitcoin, Etherum, Litecoin and Bitcoin Cash for online payments. I hear from many on my Twitter feed we should accept Dogecoin too. Do you think AMC should explore accepting Dogecoin?
Yes, for sure do it
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Yes, but I wonโ€™t use it
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No, not that important
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No, a waste of effort
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@CEOAdam
Adam Aron
1 year
Many of you, and we, are aware that AMC Entertainment has been on โ€œThe Threshold Listโ€ for 3+ weeks, indicating a number of FTDโ€™s. Some of you may be pleased to learn that we have contacted both FINRA and the NYSE asking that they both look closely at the trading of our stock.
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@CEOAdam
Adam Aron
3 years
AMC brought in another $587 million of new equity today. A total of $1.246 billion of equity raised in May and June. This strengthens AMC. It improves our balance sheet and provides flexibility both to address possible challenges and to capitalize on attractive opportunities.
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@CEOAdam
Adam Aron
3 years
I get tons of inbound messages each day on Twitter. Trying to be respectful, some of you refer to me as Mr. Aron. But, lovers of AMC are getting to be like family. So, if you are an Ape, feel free to call me Adam........... Oh, and go see a movie at your favorite AMC theatre too!
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@CEOAdam
Adam Aron
3 years
Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept Bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect that we similarly will accept Ethereum, Litecoin and Bitcoin Cash.
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@CEOAdam
Adam Aron
3 years
As of June 2, AMC had 501,780,240 total outstanding shares. AMCโ€™s number of shareholders in the U.S. and abroad has increased to about 4.1 million, and you own more than 80% of AMC. While some own more and some own less, the average stockholding for AMC is about 120 shares.
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Adam Aron
2 years
62.5% of my annual pay is AMC stock, not cash. I hadnโ€™t sold even 1 AMC share in 6 years. I publicly said months ago and again Monday, now at age 67, itโ€™s prudent to diversify assets for estate planning. I STILL HAVE WELL OVER 2 MILLION OWNED/GRANTED AMC SHARES. I believe in AMC.
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@CEOAdam
Adam Aron
3 years
Thanks to money raised in May and June, AMC ended the June 30, 2021 quarter with MORE THAN $2 BILLION OF LIQUIDITY (cash in the bank or undrawn revolving credit line). Right around DOUBLE the highest quarter ending liquidity level AMC has ever had before in our 101 year history!
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@CEOAdam
Adam Aron
3 years
I have to say that I honestly NEVER expected to see this โ€œAMC to the Moonโ€ message flying over the skies of Manhattan.
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@CEOAdam
Adam Aron
2 years
AMC announces an expansion. Going into the multi-billion dollar popcorn industry in 2022. Freshly popped at malls, home delivery/to go from theatres, and microwavable sold at supermarkets. So obvious. Who knows more about popcorn than AMC? On a peak day, we sell FIFTY TONS of it!
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@CEOAdam
Adam Aron
3 years
Your passion for Dogecoin is impressive. Tuesdayโ€˜s Dogecoin tweet was my most retweeted, most replied, most liked tweet ever. Itโ€™s been read 6.0 million times, more than the population of any of 31 U.S. states! Write this down: AMCโ€™s focused on the opportunity of cryptocurrency.
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@CEOAdam
Adam Aron
2 years
In January, the officially reported short interest in AMC rose by 13.8%, from 94.8 million short shares on Dec 31 to 107.8 million shares on Jan 31. I still have an interest in 2.3 million AMC shares. So, I hope those short sellers are wrong, wrong, wrong. Only time will tell.
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@CEOAdam
Adam Aron
3 years
Many of you have suggested we show live pro sports, Esports and events. We are on it. On Saturday July 10, live from Las Vegas, the Poirier McGregor UFC matchup will be on AMCโ€™s big screens at 95 U.S. AMC Theatres. Tickets only $25 vs. $70 on pay-per-view!
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@CEOAdam
Adam Aron
3 years
We were able to buy back at par $35 million of @AMCTheatres โ€™ most expensive debt, with its 15% interest rate. That saves us more than $5 million of interest cost annually. Progress is made when you take big steps or small steps. The important thing is that you are moving forward.
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@CEOAdam
Adam Aron
2 years
Your replies just might break the internet, given your clear enthusiasm and interest in cryptocurrency. As promised, the web site now accepts Dogecoin and Shiba Inu for online payments! A special shout out to @BitPay for helping us to make this happen.
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@CEOAdam
Adam Aron
3 years
I have started to follow Apes, about 500 so far, to get a first hand sense of what our community is thinking snd saying. No one manages this Twitter handle other than me. I read my feed, replies and dmโ€™s myself. I write these tweets myself.
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@CEOAdam
Adam Aron
3 years
Itโ€™s no secret I think shareholders should authorize 25 million more AMC shares. But what YOU think is important to us. Many yes, many no. AMC does not want to proceed with such a split. So, weโ€™re cancelling the July vote on more shares. And no more such requests in 2021. 1 of 2
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@CEOAdam
Adam Aron
3 years
Sincerely and humbly, it is the honor and privilege of a lifetime to work for so many of you. YOU, who are the owners of @AMCTheatres . It is so energizing to have your trust and support. Your affection and passion for AMC gives me the drive to achieve and succeed on your behalf.
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Adam Aron
3 years
The financial press has banner headlines about how innovative AMC and I are in reaching out to our individual investors. Odd that they praise something so obvious. CEOโ€™s and professional management teams should listen to shareholders. You own our company, we listen to you. Adam
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@CEOAdam
Adam Aron
3 years
Today, AMC and I launch an innovative effort to communicate often with AMC shareholders. #AMCInvestorConnect gets you AMC Stubs benefits and ***SPECIAL SHAREHOLDER REWARDS*** for those who patronize AMC Theatres in the U.S. Sign up is completely free at
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@CEOAdam
Adam Aron
3 years
Some of you have suggested that as CEO of @AMCTheatres Iโ€™ve been playing chess while detractors played checkers. On the weekend that James Bondโ€™s No Time to Die opens in the U.S., it feels more like AMC is playing 3-Dimensional Chess. To the naysayers, I say it loud: #CHOKEonTHAT
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@CEOAdam
Adam Aron
2 years
I keep getting asked โ€œWen pounce?โ€ Know this: 1. I always keep my word. 2. Iโ€™ve said publicly a pounce would not happen before Second Quarter 2022 earnings are announced. 3. Press release issued today that Q2 earnings to be announced on Thurs, August 4. Read between those lines.
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@CEOAdam
Adam Aron
3 years
Cinema history by โฆ @AMCTheatres โฉ in launching a $25+ million dollar national advertising campaign. Never done before by any theatre chain. Our magical and powerful commercials star Oscar winner Nicole Kidman explaining why seeing a movie at an AMC is so incredibly special.
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Adam Aron
3 years
This is so cool. Wonderful things happen for โฆ @AMCTheatres guestsโฉ. Daniel Craig and Rami Malek surprised our moviegoers just before a sneak peak early screening of NO TIME TO DIE at the AMC Burbank โฆ @IMAX โฉ screen. in Burbank, California. The name is Bond, James Bond.
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@CEOAdam
Adam Aron
3 years
First, @elonmusk likes my Dogecoin Twitter Poll on Tuesday. Now, no less than entrepreneur extraordinaire @mcuban replies to another of my Dogecoin tweets on Wednesday โ€” offering up how we can move forward with Doge. I am so delighted by the interest in #AMCandDogecoin !
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Adam Aron
2 years
AMC is playing on offense again with a bold diversification move. We just purchased 22% of Hycroft Mining (NASDAQ: HYMC) of northern Nevada. It has 15 million ounces of gold resources! And 600 million ounces of silver resources! Our expertise to help them bolster their liquidity.
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Adam Aron
3 years
AMC just announced that in only two weeks we completed our 43 million share At The Market equity raise. We got $428 million more cash, prior to commissions/fees, which clearly puts AMC in a stronger position to tackle the challenges and capitalize on the opportunities ahead.
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Adam Aron
2 years
This might rev up the Cryptocurrency fans amongst you. AMC IT says that BitPay will be live for AMC online payments on our web site by March 19, and live on our mobile apps by April 16. Possibly a few days earlier. BitPay, and therefore soon AMC, accepts Doge Coin and Shiba Inu.
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Adam Aron
2 years
Back in August, I said that at age 67 Iโ€™d sell some AMC shares toward year-end, all trading decisions out of my hands, under guidelines of a Chase 10-b-5-1 plan spread over 3 months. Those sales are now all finished. I STILL OWN OR PLAN TO VEST IN 2,302,760 AMC SHARES. I am in!
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Adam Aron
3 years
As CEO & President of AMC for 5 1/2 years, I am flattered that last night the AMC Board of Directors elected me to serve now as Chairman of the Board also (as well as CEO & President too). I will do my best to act with honor and distinction in these roles.
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@CEOAdam
Adam Aron
2 years
Cineworld/Regal just filed for Chapter 11 bankruptcy protection for its theatres in the U.S.and U.K. Fortunately, AMC is in a very, very different situation โ€” because retail investors embraced us and let us raise boatloads of cash. Thank you to retail! You really did save AMC.
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Adam Aron
2 years
149 million AMC shares and 108 million APEs traded Monday on the NYSE. Exchange โ€œhaltsโ€ trading due to volatility, defined as a +/- 5% price change within a 5 minute period. If so, trading is stopped for a 5-minute pause. On Monday, AMC was halted 3 times, APE halted 10 times!
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Adam Aron
2 years
Iโ€™ll never forget 2021, getting a nickname and hilarious memes. Importantly, as we talked directly with you on Twitter and via AMC Investor Connect, AMC and I are on the very forefront of the Democratization of Wall Street. Ten years from now, all CEOโ€™s will tweet. Bless you all.
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Adam Aron
3 years
It is a great pleasure to announce two long-term leases on The Grove and The Americana. Gorgeous theatres as our newest AMCโ€™s! No ordinary theatres, in 2018 the 2nd and 5th highest grossing movie theatres in greater Los Angeles. Hoping to add several more theatres as well.
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Adam Aron
2 years
Hyped up by some who may wish AMC harm, anxious messages come in fearing dilution or that I may โ€œscrewโ€ AMC shareholders. I own 793,974 AMC shares, and should vest in 1 - 2 million more AMC shares (after taxes) by 2024. Thatโ€™s a huge incentive to do whatโ€™s best for AMC & for you.
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Adam Aron
2 years
For the 2nd day in a row, AMC Entertainment (AMC) was the single most active stock of the almost 2500 companies on the New York Stock Exchange. Also for the 2nd day in a row, Hycroft Mining (HYMC) was the single most active stock of the more than 3300 companies on the NASDAQ.
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@CEOAdam
Adam Aron
2 years
This idea came from YOU! Partnering with @SonyPictures for #AMCFirstEverNFT . More than 100 unique Spider-Man NFTs, given FREE to the first 86,000 online buyers of U.S. AMC December 16 tickets for Spider-Man No Way Home. Only for Stubs Premiere, A-List & Investor Connect members.
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Adam Aron
2 years
I have been repeatedly asked when AMC expects to routinely accept Dogecoin and Shiba Inu for any and all payments made via the AMC web site and mobile app. I am being told that we are still well on track for the promised Q1 implementation, with exact timing most likely in March.
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Adam Aron
3 years
Iโ€™ve received more Happy Birthday wishes this year than in the rest of my life COMBINED! I guess thatโ€™s because you all are so interested in @AMCTheatres , and are watching so closely what weโ€™ve been doing to steer this proud 101 year-old company back to glory. Thank you so much.
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Adam Aron
2 years
1. In this important โ€œTweetstorm,โ€ a dozen messages explain a bold step. In addition to releasing today our handsomely improving second quarter 2022 earnings, we also broke out the 3-D chess board and got creative. A big move that addresses so many of your asks. TODAYโ€ฆWEโ€ฆPOUNCE
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Adam Aron
2 years
AMCโ€™s basis in 46.8 million shares and warrants of Hycroft is $1.07 each (+ $2.9 million). We took some mindless flack from Wall Street โ€œproโ€™sโ€ two weeks ago. But right now, I am in the kitchen preparing for them some aromatic crow soup, crow stew and crow pie. #LetThemEatCrow
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Adam Aron
3 years
AMC announced on Monday that by year end we will have the technology in place to use Apple Pay and Google Pay in our online ticketing, and in a breakthrough, we also expect by year end to accept payment online in Bitcoin. Thatโ€™s a historic step for AMC.
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Adam Aron
2 years
Given AMCโ€™s Spider-Man NFT success, our first ever NFT, I am thrilled to announce our second ever NFT! All self-identified AMC shareholders who are members of AMC Investor Connect, and those who enroll by Dec 31, 2021, will get this handsome NFT for free, one per member. ๏ฟผ
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Adam Aron
2 years
I was highly confident that AMCโ€™s skills could quickly โ€œright the shipโ€ at Hycroft (HYMC). We just did! Eric Sprott and AMC invested $56 million. Now we raised a breathtaking $139 million more cash equity! $195 million in total! In only two weeks! Calm seas, smooth sailing ahead.
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Adam Aron
3 years
And @SalvatoreRuoc10 sent me this augmented picture. Folks, I try very hard to stay focused solely on running AMC and leading it through this COVID-19 pandemic to eventual recovery. But despite that these are serious times, I have to admit that I have been laughing all day.
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Adam Aron
3 years
Friday Sept 24 is World Gorilla Day! So, on 9/24 rent any of the 9 Planet of the Apes movies on AMC Theatres On Demand. We will give all of the $3.99 proceeds to the Dian Fossey Gorilla Fund () and the Wildlife Conservation Society ()
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Adam Aron
2 years
Some of you have noticed that AMC now owns about 6 million shares in National CineMedia, the theatrical advertising company. What you may have missed is that we got those shares for free. They came to AMC because we grew our circuit by adding theatres in 2021. Playing on offense!
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Adam Aron
2 years
Some seem to enjoy reporting AMC is off its all-time closing price high, 6/2/21 $62.65. They fail to report close yesterday was 7 TIMES what it was when the pandemic closed theatres, 3/16/20 $3.19, or 11 TIMES when we were written off for dead, 1/5/21 $1.98 #TellTheWholeStory
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Adam Aron
3 years
Many AMC investors are keen on helping to save the endangered gorillas of Central Africa. The interests and passions of our Shareholders are important to AMC and to me. So, AMC Cares and I personally are giving $50,000 each to the Dian Fossey Gorilla Fund. $100,000 in total.
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@CEOAdam
Adam Aron
2 years
โ€œThe AMC Tokenโ€ (after our vigorous protest: โ€œThe Apes Movement Community Tokenโ€) is a total sham. AMC Entertainment has nothing to do with this blatant violation of our registered trademark, and attempted theft of our name/reputation. We are fighting them hard. Donโ€™t be fooled!
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Adam Aron
2 years
Today we โ€œpre-announcedโ€ AMCโ€™s Q4 โ€˜21 financial results. Meaningful milestones: Positive EBITDA, more than $145 million. Positive Operating Cash Generated, more than $215 million. Record year-end liquidity position, more than $1.8 billion. #StrongestAMCQuarterInTwoYears
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Adam Aron
3 years
AMC issued a very positive earnings report today for the June quarter. Our results were considerably ahead of market expectations. I will be on @SquawkStreet on CNBC and with @cvpayne on Fox Bus News tomorrow to discuss. Here is the earnings press release
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@CEOAdam
Adam Aron
2 years
Today we announced โ€œLaser at AMC.โ€ A quarter of a billion dollar upgrade to AMC moviegoing. In coming years, switching old projectors for state-of-the art laser projection. Much brighter, sharper pictures on screen. The greenest environmental initiative in AMCโ€™s 102 year history.
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Adam Aron
3 years
Wall Street Journal has a story today how unusual and trailblazing it is for CEOโ€™s to engage with investors on Twitter. Elon Musk, Ryan Cohen and Adam Aron are the three execs who are highlighted. I have to tell you that I learn SO much from my 2-way dialogue with you here.
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@CEOAdam
Adam Aron
2 years
Ha, ha, ha. The self-absorbed all-knowing so-often-wrong conventional wisdom that streaming will defeat theatres just does not know how to process the news of the $253 MILLION domestic opening of Spider-Man, third biggest opening of all time!!! Hey prophets of doom #CHOKEonTHAT
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Adam Aron
3 years
You are going to like this! @AMCTheatres got the rights to DirecTVโ€™s Sunday Ticket. Starting tomorrow at 40 theatres. On Sundays, watch pro football games at AMC. Admission is free, when you join AMC Stubs and buy a $10 AMC F&B gift card. To reserve seats:
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Adam Aron
1 year
What the DUCK !!!!! I am getting multiple reports that Robinhood briefly posted today that AMC filed for bankruptcy. How can companies like Robinhood do this? So ludicrous, so wrong, so irresponsible. On Friday, we report Q1 earnings, and will announce our sizable cash position.
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@CEOAdam
Adam Aron
2 years
I benefited greatly as retail investors have embraced AMC. That makes it time for me to step up and personally give back. Therefore, over the coming weeks, I will give away $1 million of my currently owned AMC shares, to be spread over a number of well respected charities.
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@CEOAdam
Adam Aron
3 years
Praise be! October movie ticket sale results show cinemas are finally on the rebound. First two weeks of October โ€œdomestic industry box officeโ€ grosses are more than $300 million and the biggest 14-day total since February of 2020, some twenty months ago. #TheBigScreenIsBack
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Adam Aron
2 years
Fnancial markets worship certainty. Yet we stare at biggest war in Europe since WW II, 77 years ago. Add inflation fears & a global pandemic. No easy time to run a company. Even so, I have never been more confident to lead โ€” in part because I have +/- 4 million of you at my side.
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Adam Aron
2 years
To sum it up, the creation of APEs should help clarify for you who is in our current shareholder base and how many company issued shares there are. Beyond that, though, we believe APES should let AMC raise capital, pay debt and do more. Not good news for the doubters. #Checkmate
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Adam Aron
2 years
It amazes me the totally false info about AMC on the internet and in the press. Is it intentionally designed to scare retail shareholders? The latest FUD debunking: AMC already has under contract a supply of VERY high quality popcorn, all that we need for the next THREE YEARS!
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@CEOAdam
Adam Aron
2 years
Exactly as promised, the AMC mobile app for AMCโ€™s U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies โ€” thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app.
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@CEOAdam
Adam Aron
3 years
In our view, this is not mindless dilution, but rather this is very smart raising of cash so that we can grow this company... to many of you on Twitter, to grow YOUR company. Watch out naysayers, $AMC is going to play on offense again. Here we come! {5 of 5}
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@CEOAdam
Adam Aron
2 years
Other than a few idiots that readily come to my mind, and likely yours, who in the - - - - can still say movie theatres are dead and have no future? Thank you Tom Cruise. Top Gun: Maverick just crossed $1 billion in global box office, in less than one month! #CHOKEonTHAT
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Adam Aron
2 years
This was AMCโ€™s most attended/highest grossing weekend in 2022 so far. More than 5.9 million guests joined us globally. Admissions revenue about DOUBLE the same weekend of 2021, and 12% above 2019 pre-pandemic. To industry doubters who predict extinction of theatres: #CHOKEonTHAT
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@CEOAdam
Adam Aron
1 year
Lastly, Iโ€™ve been AMCโ€™s CEO for 7 years. About 2/3 of my total pay is in stock not cash. Well publicized in advance, I sold shares only once in those 7 years, a 65 day span Nov 21 to Jan 22. My stock sales ended a year ago. I will NOT sell any more any time soon. I ride with you.
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@CEOAdam
Adam Aron
3 years
New press release from @AMCTheatres . Venom & Bond let us set records for our highest grossing weekend since the pandemic hit in 2020. Some 3.9 million visited our theatres globally. You know my thoughts on โ€œsagesโ€ predicting demise of cinemas: Choke on that, baby, #CHOKEonTHAT
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Adam Aron
1 year
This is SO exciting. This short teaser video shows the beginning of literally millions of microwave pouches being made of AMC Perfectly Popcorn. For stores near you, news to come soon how you can get real AMC movie theatre quality Ready-to-Eat and Microwavable popcorn! Letโ€™s go!
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@CEOAdam
Adam Aron
2 years
AMC announced 1st quarter 2022 earnings today. Revenues up 5-fold vs. Q1 of 2021. EBITDA loss reduced by 80%. Revenues per patron up 34% over 2019 pre-pandemic. Dr Strange opening was the biggest of 2022, and the 2nd biggest in the last two years! Go see it! Congrats @Disney .
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Blindly fear dilution? You miss crucial FACTS. In Jan โ€˜21 AMC issued shares, AMC share price soared. May/June โ€˜21 more AMC shares, again our stock soared. Stopped selling shares July โ€˜21, $AMC started a long fall. APEs announced last week, $AMC up again. APEs makes AMC stronger.
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2 years
You all can be proud that Time Magazine today named AMC Entertainment as one of the โ€œ100 Most Influential Companies of 2022โ€ globally. We join with Alphabet (Google), Amazon,ย Apple, Disney, Meta (Faceboook), Microsoft, Moderna, Pfizer, Reddit and Walmart among other great firms.
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1 year
Are you ready for it out there in Twitter-land? Here is the beautiful packaging of the 6 new real-movie-theatre-quality varieties of home AMC Perfectly Popcorn. The details of where and when YOU can buy it in stores will be announced this week. Letโ€™s go, letโ€™s go, letโ€™s go!
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Adam Aron
3 years
Outrageous but true. Many $AMC shareholders live outside the U.S. Especially in the UK and Europe, brokerage firms refuse to facilitate shareholder voting. Costs the firms time and money to do so. Any workarounds to the problem violate U.S. law. Switch brokers, so you can vote!
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Adam Aron
3 years
Smartly issuing equity (as AMC said in January, May and June that we did) can fundamentally strengthen a company and mightily benefit shareholders. Due to AMC raising $1.25 billion in the past 45 days, S&P upgraded AMCโ€™s credit rating on Thursday. Another important step forward.
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3 years
It is interesting and revealing that the legendary Jim Cramer has become impressed by what retail investors are doing to give Main Street real influence in shaping Wall Street.
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2 years
A really bad quote for posterity: โ€œLet them eat cakeโ€ โ€” Marie Antoinette. A really good quote for posterity: โ€œLet them eat crowโ€ โ€” Adam Aron. I have been saying for some time now to the prophets of doom on the strength and skill of us at AMC: #CHOKEonTHAT We can add now: #HaHa
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2 years
Small steps forward are still steps forward. AMC Entertainment announced today that we have taken another positive step along our recovery glidepath. We were able to repay and retire $72.5 of long term debt for only $50.0 million. We got a meaningful 31% discount.
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2 years
My point of course is that I am an AMC shareholder. A really big shareholder. My incentives are to help shareholders, not to hurt them. If I hurt you, I hurt myself. Why would I want to do that? To the best of my ability, my plan is to make AMC stronger and get it to thrive.
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1 year
I very proudly announce that ready-to-eat and microwave AMC Perfectly Popcorn to launch in March & April in more than 2,600 U.S. Walmart stores. What a huge vote of confidence by the nationโ€™s largest retailer in the quality and appeal of our new popcorn!
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2 years
A Canadian court just ruled that Regal/Cineworld, our largest competitor in the U.S./Europe, must pay nearly $1 billion USD in damages over the failed Cineplex merger. Will be appealed, but anything distracting or destabilizing our biggest competitor brings opportunity to AMC.
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2 years
And on top of the first one, this additional Avatar 2 themed meme just came in. You all take my breath away, with your creativity and sense of humor. Never in my wildest dreams could I have anticipated any of this would come my way. Thank you, thank you, thank you.
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2 years
Some of you like mysterious tweets, looking for hidden meaning, even though no concealed thought was intended. Gee, I wonder how the โ€œhidden meaning peopleโ€ will interpret this picture. Consider it an AMC Rorschach Test. If you donโ€™t know what a rorschach test is, Google it.
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Adam Aron
3 years
So sweet for @AMCTheatres . @SonyPictures projecting $90 million domestic opening weekend for Venom. Second biggest EVER for an October movie. Plus Bond setting records in the U.K. Iโ€™ll say it again. To self-proclaimed sages who predict the demise of movie theatres: #CHOKEonTHAT !
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2 years
Update on my AMC stock ownership: After prior year grants vested less income taxes, my AMC share ownership has risen to 793,974 shares, plus 1,561,832 granted but unvested shares, totaling 2,355,806 shares. A forceful incentive to do what is best for you and all AMC shareholders.
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Adam Aron
3 years
And the hilariously funny memes keep coming.
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Adam Aron
3 years
Huge Step Forward! Kudos to @Disney for news that is extremely good for AMC. All Disney movies through year-end to have an โ€œexclusive windowโ€ in movie theatres, before they go to the home. This is big!A smart, wise decision by Disney. AMC will sell boatloads of tickets for you!
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1 year
We just announced a bold new business that has not been discussed publicly before. In 2023, AMC & Zoom will launch ZOOM ROOMS AT AMC, at theatres in 17 U.S. cities. State of the art technology lets you have multi-city meetings. AMC enters the multi-billion dollar meetings market.
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@CEOAdam
Adam Aron
3 years
Black Widow opened big, and several more hit movies are also in theatres. AMC showed UFCโ€™s Poirier McGregor 3. So, AMC SET YET ANOTHER POST-REOPENING ATTENDANCE RECORD this weekend (Thurs-Sun) of more than 2.5 million U.S. guests and approximately 3.2 million guests globally.
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@CEOAdam
Adam Aron
2 years
Press now reporting Top Gun: Maverick is the highest grossing Memorial Day Weekend movie of all time. More than double the opening gross of the biggest ever Tom Cruise movie. RT 96%/99%. What do we say to the โ€œmovie theatres are deadโ€œ crowd? #CHOKEonTHAT #LetThemEatCrow #HaHaHaHa
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@CEOAdam
Adam Aron
3 years
August 9 is our next quarterly earnings call. Will be webcast so you can listen. For the first time ever, we will take questions from individual investors on the call. Hereโ€™s the link: Really smart questions in so far, and fascincinating suggestions too.
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Adam Aron
2 years
AMC continues to be on a roll. Because of our market leadership and superb reputation with landlords, we just picked up our 7th high traffic U.S. movie theatre on attractive lease terms since this past summer. A former Cinemark theatre in Evanston Illinois, just north of Chicago.
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