‘Wonder Woman 1984’ opening movie raises theater stocks, but AMC loses more ground – Update – Deadline


Updated with closing price. This is the beginning of a much-anticipated Christmas-weekend Wonder Woman 1984 Most of the exhibition stocks are being given a welcome boost as the gloom of 2020 gives hope for a brighter 2021.

Sequel Domestically.7 Cinemark, IMAX, Marcus Corp. after getting 16.7 million. And shares in National Cinemedia rose between 3% and 7%, the best bow of any film during the coronavirus epidemic.

The AMC, the world’s largest theater circuit, was a notable exception to the rally. Its shares fell 5% on investors’ concerns about its liquidity and possible bankruptcy filings. At 38.3838 DL, AMC shares are at their lowest level since early November, however, they are still at the top of their 20 1.9595 D20L, with the establishment of Covid-1 shutter theaters in the Western Hemisphere in mid-March. Regal Cinemas Parent Cineworld rose just 1% on the London Stock Exchange.

‘Wonder Woman 1984’ rises to M 85M Global; ‘Monster Slayer’ became Japan’s highest grossing movie ever; ‘Soul’ grows in China and ‘Crowds 2’ Near $ 100MW – International Office x Office Fees

Shares of the well-fortified Cinemark, meanwhile, rose 3% to 16.98.

Not only that, WarnerMedia has reacted fiercely by sending out WW84 But its full 2021 slate is on the HBO Maxim streaming service that hits those theaters at the same time. The company reported healthy viewership on the HBO Max over the weekend but did not release any new subscriber data. The economics of releasing large tentpoles without the millions of dollars produced by theaters is significantly more challenging than using theaters to drive other revenue opportunities.

Analyst Eric Wald with B Relay predicts that Werner Bros. will reschedule its streaming plan, especially if it ends up splitting a little outside of streaming performers and movies, given the studio’s proposed revenue split. In a note to customers today, he called the film “Los Leader” designed to further HBO Max. His office confirms the belief in office fees that “moviegoers want to be moviegoers.” Despite being able to play in theaters 23% less than Warner Bros. Tenet In September, WW84 Christopher Nolan’s film Million 9 Million started well ahead. (Emax locations contributed 7% of household earnings and 10% globally.)

Nearly half of all direct retail customers of HBO Max accelerated this flow Wonder Woman The sequel, with an overall audience on the service, runs at a triple level during the November period. However, Walde said, “The decision by HBO Max customers to watch WW8484 at home was due to the closure of local theaters and the decision taken by state-restricted t-home restrictions, as opposed to the preferred way of watching blockbuster movies.” Go ahead. “

Top markets such as New York, LA and San Francisco closed and other major cities faced significant capacity restrictions, Walde said. WW84 The opening equals the બજાર 110M-120M bow in the general market. (Original film opened in 2017 with 3 103M.)

“We believe this helps support the thesis that when consumers are allowed to return to theaters with compelling content, they will once again become moviegoers – with the industry likely to return to normal in 2022,” the analyst wrote.