CoStar Today: AMC Theatres Signals the Future of Cinemas With Plans to Add Venues, Screen More Than Movies


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By Lou Hirsh
CoStar News

August 9, 2021 | 11:21 P.M.

AMC Theatres is betting that a resurgence in Americans heading out to cinemas will accelerate as the world’s largest theater operator looks at buying real estate in Los Angeles, Chicago and Atlanta and plans to screen more sports, concerts and video-gaming events.

The number of visitors to Leawood, Kansas-based AMC Theatres across the United States tripled from the first quarter of this year as theaters reopened in major markets with vaccinations increasing and blockbusters returning such as Disney’s “Black Widow.” Rival chains including Texas-based Cinemark Theatres reported similar gains.

CoStar News - AMC Theatres Signals the Future of Cinemas With Plans To Add Venues, Screen More Than Movies

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