AMC Shares Jump After Taylor Swift Concert Film Grosses $100 Million in Advance Ticket Sales
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AMC Shares Jump After Taylor Swift Concert Film Grosses $100 Million in Advance Ticket Sales

BySamod Biobaku

AMC Entertainment is experiencing a significant boost thanks to Taylor Swift’s massive fan following. Shares of AMC (AMC) saw an impressive surge of 11.5% during Friday afternoon trading after the popular movie theatre chain reported that the concert film “Taylor Swift: The Eras Tour” had generated over $100 million in advance ticket sales. In a…

Amazon Reportedly Considering Purchase of AMC Entertainment

Amazon Reportedly Considering Purchase of AMC Entertainment

BySamod Biobaku

Amazon is reportedly weighing the purchase of AMC Entertainment and its nationwide chain of movie theaters as a means of promoting Amazon’s content and other services. The Intersect reported that Amazon founder Jeff Bezos has tasked his team of investment advisers and entertainment chiefs with exploring plans to acquire AMC and its chain of nearly…