AMC CEO Adam Aron, who already has announced a push into retail popcorn sales and accepting payment in cryptocurrencies, waxed enthusiastic Monday at a flood of new ventures suggested by the chain’s 4.1 million retail investors. The floated ideas include everything from an AMC credit card and a return to movie … Read entire story.
Source: Deadline
Barstool Sports founder Dave Portnoy is denying a story on the website Insider that accuses him of sexual misconduct with two young women. Portnoy, who is a well-known online presence and stock market trader, said in a Twitter post that the Insider story is a “hit piece.” … Read entire story.
Source: Deadline
“No,” a blunt Ari Emanuel told the Code Conference on Tuesday when asked whether he would buy UTA now that CAA has acquired ICM Partners. “We don’t need it,” the Endeavor CEO told conference attendees at the Beverly Hilton, stressing that WME is still “the largest agency … Read entire story.
Source: Deadline
Retail investing met marketing genius Wednesday as AMC Entertainment devoted a new area of its website to individual investors, stoking their love, doubling the stock price and — the company hopes — inflating membership of its AMC Stubs loyalty program. AMC has about 3 million individual investors now, 80% of its … Read entire story.
Source: Deadline
Exhibition ruled the stock market today after a long holiday weekend saw Paramount’s A Quiet Place Part II crush it, earning $57 million over four days. That’s not far from the $60 million that the John Krasinski-directed sequel was anticipated to do in its 3-day opening pre-pandemic, … Read entire story.
Source: Deadline