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AMC Chief Adam Aron Gets $3.75 Million Bonus

AMC Chief Adam Aron Gets $3.75 Million Bonus
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AMC Entertainment CEO Adam Aron received a $3.75 million bonus at a time when many of the company’s employees have been laid off and several of its theaters are closed due to COVID-19, according to public filings.
It’s been a grueling period for the world’s largest theater chain, one that has seen its cinemas shuttered indefinitely or operating at reduced capacity for much of the last 12 months as the coronavirus pandemic raged. AMC Entertainment, which was heavily leveraged heading into the pandemic, was believed to be on the verge of bankruptcy. However, Aron and his team were able to renegotiate the company’s substantial debt at several points and AMC now says it has raised enough capital to keep itself operational through the winter. AMC Entertainment piled on debt in recent years as it outfitted locations with enhanced seating and purchased competitors such as Carmike Cinemas and UCI & Odeon Cinema Group.

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AMC Networks Swings to Q4 Profit As International Losses Narrow

AMC Networks Swings to Q4 Profit on Streaming Gains
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AMC Networks said it swung to a profit in the fourth quarter despite a decline in revenue as it narrowed losses in its international and other operations due to an increase in revenue from streaming-video subscriptions.
The owner of the AMC, Sundance and IFC cable networks said net income came to $2.09 cents a share, or $94.7 million, compared with a loss of 15 cents a share, or $8.58 million in the year-earlier period. Revenue was essentially flat at $780.3 million. The company is known primarily for making TV series like “The Walking Dead”

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Maude Apatow, William Hurt, Corey Stoll Among Four Cast in AMC Animated Drama 'Pantheon' as Series Creator Inks Overall Deal

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Maude Apatow, William Hurt, Corey Stoll Among Four Cast in AMC Animated Drama 'Pantheon' as Series Creator Inks Overall Deal
Mónica Marie Zorrilla, provided by
Feb. 18, 2021
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Maude Apatow, William Hurt, Corey Stoll, and Lara Pulver have all joined the cast of the upcoming AMC animated drama “Pantheon,” the network announced Thursday as part of the Television Critics Association winter press tour.
Apatow (“Euphoria,” “The King of Staten Island”), Hurt (“Black Widow,” “Goliath,”), Stoll (“Billions,” “Ant-Man”) and Pulver (“The Angel of Darkness,” “Sherlock”) will be joining a voice cast that is jam-packed with diverse celebrity talent. Those previously announced “Pantheon” stars include Daniel Dae Kim, Katie Chang, Paul Dano, Rosemarie DeWitt, Aaron Eckhart, Taylor Schilling, Ron Livingston, Chris Diamantopoulos, Raza Jaffrey, Scoot McNairy, Anika Noni Rose, Grey Griffin, SungWon Cho, Kevin Durand, Samuel Roukin and Krystina Alabado.

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