May 11, 1988 |
Ron D. Leslie, president of one of the nation's largest theater chains, AMC Entertainment Inc., is resigning after 18 years with the company, officials announced Tuesday. Leslie, who was also chief operating officer, plans to pursue other opportunities in the entertainment industry, said Stanley H. Durwood, AMC chairman and chief executive. Durwood will become president, and William Doeren was named the new chief operating officer. Doeren is a senior vice president of operations and a director.
January 25, 2001 |
AMC Entertainment Inc., one of the biggest U.S. operators of movie theaters, said its fiscal third-quarter loss narrowed as ticket sales rose. The loss for the fiscal third quarter ended Dec. 28 narrowed to $8.19 million, or 35 cents a share, from $8.91 million, or 38 cents, a year earlier, AMC said in a statement. Revenue rose 7.2% to $305.4 million from $285 million. The movie theater industry has faced tough times in recent years as eight movie chains have filed for bankruptcy.
May 24, 2001 |
In a controversial marketing gamble, Sony Pictures quietly made a deal with four theater chains to pay for the placement of previews for upcoming films that previously were shown at no cost to studios. The move is being criticized by executives from other major studios who worry that, at a time costs are skyrocketing everywhere in the movie business, the free advertising may be in jeopardy.