{"id":117219,"date":"2024-02-29T18:01:11","date_gmt":"2024-02-29T18:01:11","guid":{"rendered":"https:\/\/lascrucestoday.com\/magic\/2024\/02\/29\/taylor-swift-beyonce-concert-movies-responsible-for-amcs-late-2023-revenue-increase\/"},"modified":"2024-02-29T18:01:11","modified_gmt":"2024-02-29T18:01:11","slug":"taylor-swift-beyonce-concert-movies-responsible-for-amcs-late-2023-revenue-increase","status":"publish","type":"post","link":"https:\/\/lascrucestoday.com\/magic\/2024\/02\/29\/taylor-swift-beyonce-concert-movies-responsible-for-amcs-late-2023-revenue-increase\/","title":{"rendered":"Taylor Swift, Beyonc\u00e9 concert movies responsible for AMC’s late-2023 revenue increase"},"content":{"rendered":"
\n
Taylor Swift Productions\/Disney+<\/figcaption><\/figure>\n

AMC Entertainment released its quarterly earnings statement<\/strong><\/a> on February 28, and the good news was all because of\u00a0Taylor Swift<\/strong> and Beyonc\u00e9<\/strong>.<\/p>\n

The theater chain’s revenue grew by 11.5% in the fourth quarter, despite the fact that across the industry, box office receipts were down. In announcing the results, AMC Entertainment Chairman and CEO Adam Aron<\/strong> said, “Literally, all of that increase is … attributable to our having shown [Taylor Swift | The Eras Tour<\/em> and Renaissance | A Film By Beyonc\u00e9<\/em>] in our theatres in the U.S. and internationally.”<\/p>\n

Aron went on to note that the two concert movies alone made up one-ninth of the amount the entire U.S. box office took in during the fourth quarter. He added, “This is a stunning result given that neither of these films were on anyone\u2019s drawing board until mid-year.”<\/p>\n

Noting that the two smash concert films were the first ones ever distributed by AMC in the company’s more than 100-year history, Aron concluded, “Our praise for Taylor Swift and Beyonc\u00e9 Knowles Carter has no limit.”<\/p>\n

“We offer our boundless thanks to these two world class artists for entrusting AMC to collaborate with them as to the theatrical exhibition of their two masterpiece creations.\u201d<\/p>\n

AMC announced<\/strong><\/a>\u00a0in January that Taylor’s Eras Tour movie has officially become the highest-grossing film in box office history among concert films and documentary films. It will stream on Disney+ starting March 15.<\/p>\n

Copyright \u00a9 2024, ABC Audio. All rights reserved.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Taylor Swift Productions\/Disney+ AMC Entertainment released its quarterly earnings statement on February 28, and the good news was all because of\u00a0Taylor Swift and Beyonc\u00e9. The theater chain’s revenue grew by 11.5% in the fourth quarter, despite the fact that across the industry, box office receipts were down. In announcing theRead More →<\/a><\/span><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[425,426,427],"tags":[701,702,227,527,700,490,528,276,703,648],"yoast_head":"\nTaylor Swift, Beyonc\u00e9 concert movies responsible for AMC's late-2023 revenue increase - Magic 104.9<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lascrucestoday.com\/magic\/2024\/02\/29\/taylor-swift-beyonce-concert-movies-responsible-for-amcs-late-2023-revenue-increase\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taylor Swift, Beyonc\u00e9 concert movies responsible for AMC's late-2023 revenue increase - Magic 104.9\" \/>\n<meta property=\"og:description\" content=\"Taylor Swift Productions\/Disney+ AMC Entertainment released its quarterly earnings statement on February 28, and the good news was all because of\u00a0Taylor Swift and Beyonc\u00e9. The theater chain’s revenue grew by 11.5% in the fourth quarter, despite the fact that across the industry, box office receipts were down. 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