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Wednesday is set to become a cinephile's delight, as AMC Theaters has announced a groundbreaking initiative to slash ticket prices by half every Wednesday. This exciting move aims to draw more moviegoers to the theaters during the mid-week lull. Yes, you read that correctly—tickets will be half off!
Starting July 9, this all-day discount will be based on the standard adult evening ticket price. What makes this deal even sweeter is that premium showings, such as IMAX and 4DX, will also enjoy the 50% discount. This is a fantastic opportunity, especially considering the higher costs typically associated with IMAX screenings, which can be a significant expense for families or groups.
The film industry has faced significant challenges since the onset of the COVID-19 pandemic, which drastically reduced movie attendance and caused a major financial hit due to plummeting ticket sales. Although recovery has been gradual, the industry continues to struggle to return to its pre-pandemic state. However, AMC CEO Adam Aron remains optimistic about the future.Aron noted that despite a weak first quarter, the situation, which he described as an "anomaly," has since "corrected itself" with the strong performances of films like A Minecraft Movie and Sinners. Since April 1, ticket sales have surged, buoyed by the success of these films. A Minecraft Movie has grossed an impressive $408 million to date, while Sinners has earned $215 million and continues to perform well.
The summer blockbuster season is just heating up, with highly anticipated releases like Mission: Impossible — The Final Reckoning and Disney’s live-action Lilo and Stitch on the horizon. Additionally, Superman and The Fantastic Four: First Steps are slated to hit theaters in July. With such a promising lineup, there's ample opportunity for the box office to thrive, and AMC’s new Wednesday discount is poised to further boost attendance and revenue.
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