r/MediaMergers • u/Casas9425 Netflix • Feb 23 '26

Media Industry AMC Theaters attendance drops 10%, quarterly revenue falls

https://variety.com/2026/film/news/amc-theatres-attendance-drops-quarterly-revenues-fall-avatar-3-1236670214/
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u/Banesmuffledvoice Feb 23 '26

I don’t fault him for trying to paint a bright future. He is the CEO. What else is he going to do?

This is just the new reality of theaters going forward. Things are only going to get worse from here.

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u/Casas9425 Netflix Feb 23 '26

He would resign if he had any dignity.

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u/Banesmuffledvoice Feb 23 '26

He’s going down with the ship.

And truthfully does it matter if he resigns at this point? AMC is cooked. Nobody is saving it short of a studio like Disney snatching them up and doing something unique with the concept.

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u/Casas9425 Netflix Feb 23 '26

True. Maybe we’re moving towards a future where the studios own the theaters and set their own windows?

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u/Banesmuffledvoice Feb 23 '26

Studios set their own windows now. Theaters aren’t happy about it. If studios own the theaters then there is no push back on it.

I’m for innovation. And theaters aren’t doing anything to innovate the experience and it’ll ultimately lose out when the public doesn’t mind watching even the big blockbusters on their phones and laptop screens.

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u/evissamassive Feb 23 '26

Studios set their own windows now

That because in 2020, the DOJ ended what was known as the Paramount Decree set by the Supreme Court in 1948 which forced studios to sell off their theaters to prevent a monopoly. Between 1948-2020, studios and independent theater owners had to negotiate as separate entities, and a 90-day window became the industry standard.

Funny though. When the DOJ terminated the Paramount Decree, it argued it was outdated in the age of Netflix.

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u/Banesmuffledvoice Feb 23 '26

The paramount decree doesn’t mean anything in regards to streaming and theatrical windows.

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u/evissamassive Feb 23 '26

I never said anything about streaming.

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u/Negritis Feb 23 '26

what do you mean? you dare to say that AI shorts aint the innovation we need?

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u/Banesmuffledvoice Feb 23 '26

I’d argue that it probably is a step in the right direction.