AMC To Distribute Beyonce's Tour Film In Movie Theaters This December
Portfolio Pulse from Shivani Kumaresan
AMC Entertainment Holdings Inc and Parkwood Entertainment have announced that Beyoncé's 'Renaissance World Tour' will be released in movie theaters globally by AMC Theatres Distribution. The concert movie will be released in the U.S., Canada, and Mexico on Dec. 1, 2023. Cinemark Holdings Inc also announced that the concert film will be screened at all its U.S. theaters. AMC shares are trading higher by 1.63% in premarket.
October 02, 2023 | 12:29 pm
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AMC Entertainment to distribute Beyoncé's concert film globally. The company's shares are trading higher by 1.63% in premarket.
The announcement of AMC distributing Beyoncé's concert film is a positive development for the company. This could attract a large audience and potentially increase revenue, which is reflected in the premarket trading of AMC shares.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Cinemark Holdings announced that it will also screen Beyoncé's concert film at all its U.S. theaters.
Cinemark's announcement to screen Beyoncé's concert film is a positive development for the company. This could attract a large audience and potentially increase revenue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100