amc earnings q2

I think we have a strategic advantage to have a strong content on growing platforms throughout the industry, and we're in meaningful talks with everyone that you would anticipate toward that end. The main driver of the decline was the content licensing component of distribution revenues. I'll talk about subscription video on demand for a moment first. So you've got that impact, and then you'll have the impact of the new first lien debt so you can kind of calculate it from there. It was for Comcast that it was hatched. But we're seeing that food and beverage strength across both, and actually in the countries where audience is required to wear masks, Spain, Italy, I think Germany, food and beverage growth is really in line with the rest of Europe.

AMC Entertainment (NYSE: AMC) earnings for the movie theater company’s second quarter of 2020 have AMC stock on the rise after-hours Thursday. OK. A couple more on the topic today, Adam. Think about this very carefully. to HBO MAX. That's interesting to us because that gives our theaters an easier point of price comparison. Next question is from Eric Handler with MKM Partners. I leave you with one and only one thought. We feel good about the economics. Got it.

At Levity, the comedy venues remain closed and the production activities are suspended. Our leverage ratio based on LTM AOI of $867 million was 2.4 times. I'm taking a more cautious and conservative approach to the fourth quarter only because of the production cycle that Josh articulated. So net-net, what is your as-reported quarterly interest payment going to look like?

Speaking of our great friends, if I'm being honest. That's what I needed. This is Aaron on for Chad. So it's extremely important to us that studios continue to release movies and if we can provide them with incentives to produce -- to release even more movies to first make and then release even more movies, that's where we -- that's -- that dwarfs the PVOD economics, positive or negative. I just want to mention of note, returning on our SVOD platforms anticipated next year will be Discovery of Witches and Creepshow. Investors are cautioned that any such forward-looking statements are not guarantees of the future performance or results and involve risks and uncertainties that could cause actual results to differ. So when I'm doing the math, when you look at the average ticket price you had last year and the average spend on food and beverage, and then took your margin on both of those lines, I get to a per person gross margin of $9.23. And then I have a follow-up question.

If you don't have a copy of today's earnings release, it is available on our website at amcnetworks.com. As of July 31, that number of open theaters have grown to more than 130, and as of today, we have 184 theaters open internationally. We'll be talking about this in more detail on our next quarterly call. There has been some moderation in price in our renewals. But what's not even in our calculus, if this causes more movies to get released, to be greenlighted and released theatrically, then we're so far ahead of the game here, so far ahead of the game.

No, there's no reason why the U.S. should or should not perform differently than Europe on food. On the distribution side, as many of you know, we renewed several of our MVPD agreements within the past year, and we're pleased with those agreements. And I know, I've asked this question before, but between public filing costs and having to deal with folks like us, just I wonder how the Board is thinking about public versus private benefits at this point. It's an anthology drama with a sci-fi was twist about finding your true specific genetic soulmate, which we were able to complete before the pandemic hit in March. And September 11 -- and Season 11 of The Walking Dead, which is to resume production in Georgia in mid-October. You've talked about this as a growing skill set for the Company. How do you envision that would go? We continue to make content investments that we view as appropriate and strategic and to share that content among our platforms, our SVOD networks and our linear networks. Both for financial and psychological reasons, we are so eager to delight moviegoers as AMC has done now for a full 100 years. And I'd like to stick with the conversation around SVOD. However, we expect that a reduction in expenses will substantially offset the decrease in revenue, resulting in only a modest AOI impact. We have identified other ways to bolster our liquidity if we need to bolster our liquidity even further. Thanks and good morning. So the only advertising for a movie through its first two theatrical weekends, when well more than half of the movie's revenues are booked, we'll say only in theaters.

As I look at the fourth quarter, I think we'll be in -- hopefully we'll be in full swing in light of the schedule that Josh said in terms of investment in programming, etc.

You'll notice that Disney chose to retail Mulan for $30, $29.99.

These platforms include our targeted subscription video on demand services, which are an increasing area of focus for our company.

We're allowed to do that. Just to restate it, the most significant impact on our distribution revenue are subscriber counts, and that's what you're seeing reflected in our reporting.

So, I think that means for the upfront, we're in good conversations.

The -- as I said, our ambitions are high.

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