With its core exhibition business the subject of heated speculation about the future of release windows and the impact of Netflix on its business, AMC Theatres is responding by launching a streaming service of its own.
AMC Theatres on Demand will offer about 2,000 movie titles from distributors large and small, including releases from all major studios. Lionsgate and Paramount at launch have added an incentive, promising three additional movies to any customer who chooses one of the studios’ films as their first rental or purchase.
Investors cheered the news, sending AMC shares up 4% in mid-day trading, to $9.31 a share.
The service is only available to members of AMC Stubs, a free loyalty plan with more than 20 million U.S. households on its rolls. Those members can access the streaming service on AMCTheatres.com as well as through a range of connected devices and mobile and smart TV apps. AMC added...
AMC Theatres on Demand will offer about 2,000 movie titles from distributors large and small, including releases from all major studios. Lionsgate and Paramount at launch have added an incentive, promising three additional movies to any customer who chooses one of the studios’ films as their first rental or purchase.
Investors cheered the news, sending AMC shares up 4% in mid-day trading, to $9.31 a share.
The service is only available to members of AMC Stubs, a free loyalty plan with more than 20 million U.S. households on its rolls. Those members can access the streaming service on AMCTheatres.com as well as through a range of connected devices and mobile and smart TV apps. AMC added...
- 10/15/2019
- by Dade Hayes
- Deadline Film + TV
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