Business

AMC Theatres today announced AMC’s Go Plan, an ambitious investment in the future of moviegoing at AMC. Through AMC's Go Plan, AMC expects to invest between $1 billion and $1.5 billion over the next four to seven years, greatly enhancing its locations in the United States and Europe. With AMC's Go Plan, AMC will provide guests with an even greater selection of premium experiences, immersive sight & sound enhancements, more comfortable seating and upgraded theatres, as well as other initiatives.

Last week, to the dismay of the worldwide archival community, the Academy of Motion Picture Arts and Sciences abruptly fired 16 important members of their Academy Film Archive and the Margaret Herrick Library. These employees were the heart and decades-long leadership of their respective Archive and Library. The leaders of the organization Missing Movies have drafted a petition asking Bill Kramer and the AMPAS Board of Governors to reconsider this disastrous move and rehire them back as soon as possible. The petition has already been signed by dozens of concerned filmmakers. Here is that petition:

A new report from Swapnil Patel of Evolve Business Intelligence projects that the global motion picture industry, valued at $54.74 billion in 2023, is expected to grow at a compound annual growth rate of 6.10 percent by 2033 Technological advancements, such as digital filmmaking, special effects, and high-definition formats, significantly impact the industry by enhancing the quality and experience of films, the report says. The rise of streaming platforms has revolutionized film distribution, providing audiences with greater accessibility and convenience, and prompting shifts in consumer preferences towards on-demand content.

Weischer Cinema Switzerland and the One Tech Group are opening up new opportunities for advertisers by connecting to the SSP1 platform. In future, more than 700 digital out-of-home cinema screens in cinema foyers in Switzerland can be flexibly booked programmatically to reach moviegoers at one of the most prominent touchpoints in the leisure sector.