'AMC Theatres Moves Streaming Library To Fandango's Vudu' - The Hollywood Reporter
Portfolio Pulse from Happy Mohamed
AMC Theatres has transferred its streaming library to Fandango's Vudu, sunsetting its own platform, AMC Theatres On Demand. Users can now transfer their accounts to Vudu, which offers a larger catalog and higher quality formats. AMC reported Q1 losses of $235.5 million and revenue of $954.4 million.
June 01, 2023 | 8:27 pm
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AMC Theatres transfers its streaming library to Fandango's Vudu, potentially attracting more users and improving customer experience.
The partnership with Vudu could attract more users due to the larger catalog and higher quality formats. However, it's uncertain how much this will impact AMC's stock price in the short term, as the company is still recovering from pandemic-related losses.
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