WarnerMedia may have bought itself some peace with the world's largest movie theater chain. And that chain could use the good news.
Like rivals such as Cinemark, AMC's near-term results are less important than its prospects for reviving an exhibition business following a yearlong shutdown. That recovery may be more challenging given that most of
So it was a bit surprising that AMC gave a shout out to incoming Warner movies on its conference call Wednesday. That included "Godzilla vs. Kong," which is set for release on
Film rentals are typically a theater's largest single cost item.
It also helps AMC that WarnerMedia has been in damage-control mode, since the decision to put first-run movies on HBO Max angered many in