'Taylor Swift Box Office: Theater Owners Predict Record $100M Opening For Eras Tour Concert Pic' - Hollywood Reporter
Portfolio Pulse from Happy Mohamed
The concert film 'Taylor Swift: The Eras Tour' is expected to be a major hit at the box office, with cinema owners predicting a record $100M opening. The film will be shown in theaters across the U.S. and Canada for several weekends, starting from Oct. 13. AMC Theatres, the world's largest exhibitor, has secured distribution rights for the film and has partnered with indie distributor Variance to show the film in rival cinemas. AMC's presales for the film hit a record-breaking $26M within the first 24 hours.
September 06, 2023 | 5:23 pm
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AMC Theatres has secured distribution rights for Taylor Swift's concert film 'The Eras Tour', which is expected to be a major hit at the box office. The company's presales for the film hit a record-breaking $26M within the first 24 hours.
The news is highly relevant to AMC as it has secured the distribution rights for the film. The record-breaking presales indicate strong consumer interest, which could lead to high revenues for AMC. This could potentially have a positive impact on AMC's stock price in the short term.
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IMPORTANCE 80
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