{"id":1505432,"date":"2024-12-01T23:05:00","date_gmt":"2024-12-02T04:05:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1505432"},"modified":"2024-12-01T23:05:00","modified_gmt":"2024-12-02T04:05:00","slug":"thanksgiving-5-day-us-box-office-sets-record-at-420m-amc-ceo-calls-moviegoer-surge-a-national-phenomenon","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/thanksgiving-5-day-us-box-office-sets-record-at-420m-amc-ceo-calls-moviegoer-surge-a-national-phenomenon\/1505432\/","title":{"rendered":"Thanksgiving 5-Day US Box Office Sets Record At $420M;\u00a0AMC CEO Calls\u00a0Moviegoer Surge A “National Phenomenon”\u00a0"},"content":{"rendered":"

Thanksgiving 5-Day US Box Office Sets Record At $420M;\u00a0AMC CEO Calls\u00a0Moviegoer Surge A “National Phenomenon”\u00a0<\/span><\/p>\n

\n

Paul Dergarabedian, a media analyst for Comscore<\/a>, revealed on X on Sunday afternoon that US domestic box offices set a record, raking in $420 million over the five-day Thanksgiving holiday period. According to Deadline<\/a>,\u00a0Disney’s Moana sequel was the most popular movie, attracting\u00a017.4 million admissions, \u00a0Universal’s Wicked with\u00a08.7 million viewers, and\u00a0Paramount’s Gladiator II\u00a0drew 3.3 million from Wednesday through Sunday.\u00a0<\/p>\n

Dergarabedian said\u00a0Comscore reports “a\u00a0monumental Thanksgiving weekend (and week) for movie theatres!”<\/p>\n

He noted that “this weekend’s overall total estimated 3-day Domestic box office is around $272M (5-day at an estimated $420M<\/strong>) & YTD 2024 (now at $7.781B through Sunday) is down now just 6.4% vs. 2023, Note: a week ago Sunday the YTD deficit was at 10.6%!”\u00a0<\/p>\n

.@Comscore<\/a> @csMoviesUS<\/a> @CSGlobalMovies<\/a> reports a monumental #Thanksgiving<\/a> weekend (and week) for movie theatres! Please note this weekend\u2019s overall total estimated 3-day Domestic box office is around $272M (5-day at an estimated $420M) & YTD 2024 (now at $7.781B through Sunday)\u2026 pic.twitter.com\/KwJHCJrhxy<\/a><\/p>\n

\u2014 Paul Dergarabedian (@PDergarabedian) December 1, 2024<\/a><\/p>\n

X user\u00a0Tony Denaro<\/a> posted that the top ten grossing flicks for the five-day period hit new records.<\/p>\n

<\/a><\/p>\n

“Press reporting that Americans are pouring into movie theatres this holiday weekend<\/strong> for Moana 2, Wicked and Gladiator II,” AMC Entertainment Holdings CEO Adam Aron wrote on X.\u00a0<\/p>\n

<\/a><\/p>\n

He noted, “So many appealing movies in theatres. Smaller titles too like Red One, Conclave and Juror #2. Be part of a national phenomenon<\/strong>.”\u00a0<\/p>\n

Press reporting that Americans are pouring into movie theatres this holiday weekend for Moana 2, Wicked and Gladiator II. So many appealing movies in theatres. Smaller titles too like Red One, Conclave and Juror #2. Be part of a national phenomenon. Catch a flick at AMC! pic.twitter.com\/yAYnCgov8d<\/a><\/p>\n

\u2014 Adam Aron (@CEOAdam) November 30, 2024<\/a><\/p>\n

For nearly a week, we have reported on the surge of moviegoers attending\u00a0AMC’s theaters nationwide…<\/p>\n

‘Meme’ Stock AMC Reports Pre-Thanksgiving Revenue Record<\/a><\/em><\/p>\n

Moana, Wicked, Gladiator II Set To Shatter Thanksgiving Box Office Records<\/a><\/em><\/p>\n

Shares of\u00a0AMC closed around the $5 handle on Friday.\u00a0<\/p>\n

<\/a><\/p>\n

Bloomberg data shows\u00a013.3% of the float is short<\/strong>, or about 49.8 million shares.\u00a0<\/p>\n

<\/a><\/p>\n

Going to the theaters is apparently back.\u00a0<\/p>\n

movies are back pic.twitter.com\/nADx10i2eE<\/a><\/p>\n

\u2014 legotrillermoth (@legotrillermoth) November 29, 2024<\/a><\/p>\n

Any AMC rally on this news should be approached with caution, as the company is burdened by $4 billion in long-term debt and hefty interest payments. This may only suggest that CEO\u00a0Aron\u00a0might hit equity markets on any significant pop.<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nSun, 12\/01\/2024 – 18:05<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/markets\/thanksgiving-5-day-us-box-office-sets-record-420mln-amc-ceo-calls-moviegoer-surge-national<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Thanksgiving 5-Day US Box Office Sets Record At $420M;\u00a0AMC CEO Calls\u00a0Moviegoer Surge A “National Phenomenon”\u00a0 Paul Dergarabedian, a media analyst for Comscore, revealed on X…<\/p>\n","protected":false},"author":0,"featured_media":1505433,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1505432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1505432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1505432"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1505432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1505433"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1505432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1505432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1505432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}