AMC Theatres has been an innovator in the movie theater business for more than 50 years. The chain presents one-of-a-kind specials and film offerings in state-of-the-art theater accommodations. Over the years, the chain has acquired numerous other chains, as well as acquired themselves by a large Chinese company, in turn giving the chain more than 663 theaters across the United States and China. Here are 9 interesting facts about AMC Theatres. Number Nine: AMC Theatres Had the First Rewards Program in the Industry When AMC Theatres started the MovieWatchers Rewards program, it was a first of its kind free program to give frequent patrons perks for being loyal customers. The chain discontinued the program in 2011 and in its place started the paid AMC Stubs program. Number Eight: They Show Metropolitan Opera Productions on the Big Screen …show more content…
Select locations have current Indian, Asian-Pacific and Spanish-language films. AMC also shows independent films and even has its own exclusive indie flicks that you can’t see anywhere else. Number Four: They Have a Charitable Fund In order to give back to the communities in which they reside, the company started the AMC Cares Charitable Fund. Founded in 1993 as a way for their employees to support disaster relief, it now funds any charitable effort the company sees fit to promote. As part of the fund, AMC Theatres takes grant submissions from charities and gives out scholarships to high schoolers committed to their communities. Number Three: They Sponsor a Movie-Based YouTube Show AMC Theatres sponsors part of the Collider Movie Talk video podcast. This includes daily segments on box office predictions and reports, and discussions about new movies and movies that came out years ago. Number Two: AMC Theatres is Testing Their ETX
The first new service is aimed at rewarding loyal customers by offering them a selection of memberships that would make their regular movie going experiences more pleasurable and inviting. The membership would consist of four tiers consisting of silver, gold, platinum, and diamond. The benefits inferred upon membership into the various tiers will include:
. A movie megaplex needs to collect movie attendance data. The company maintains 16 theaters in a single location. Each movie offered can be shown in one or more of the available theaters and is typically scheduled for three to six showings in a day. The movies are rotated through the theaters to ensure that each is shown in one of the stadium-seating theaters at least once.
The movie rental industry is a living industry; there are constant changes with advances in technology, rights management, and the slow, but steady, move away from physical Media. Companies such as Netflix, Hulu, RedBox, and Blockbuster are being forced to look at new business models and try to keep up with these changes.
Add a restaurant. A large percentage of moviegoers dine out before a movie. With the buying power the theaters have on the concession industry they could do the same with the food industry. Dinner and ticket deals can also be sold as an attractive package. Healthy options can be made available rather than the current options. (Blank, S., 2012)
Revised: August 28, 2002 In April 2001, Matt Heyman, co-founder of Cinemex, the largest chain of movie theaters in Mexico City, looked out the window of his office and pondered the future of his company. In just seven years, Heyman and his partners had nurtured Cinemex from a student idea into the largest theater chain in Mexico City, but they faced new challenges every day. Many of these challenges came from competitors. For years competitors ran old, poorly-maintained theaters, but in recent months they had begun to imitate Cinemex’s top-of-the-line exhibition venues. Their latest tactic: offering two tickets for the price of one on Wednesdays. Heyman wondered whether Cinemex should
The method is renowned as being the oldest among all other techniques of segmenting markets. Harkins Theatres company has also segmented its market using the geographical location basis. They have identified locations that are promising a set up a total of thirty theatres in those locations. These locations include not only Arizona but also California, Colorado, Oklahoma and Texas where there are a total of 434 screens. Harkins Theatres targets individuals and families that enjoy wathcing movies and having fun along with their children. Many families have made this a summer tradition to get their kids in to the movies and have fun during
The Canadian entertainment industry that is served by Cineplex has been recording sustained growth since 2011 where a growth of 5 percent was recorded. PwC’s Global Entertainment and Media Outlook for 2014-2018 (PWC, 2014) indicate that the industry is set for a take-off. The industry has a
Since all theater had the same films, they focused on the quality of the theater as a form of differentiation (bigger and better screens, carpeting, emergency lights on floors, attractive marquees), while this was standard in the USA, this was new to Mexico
Regal Entertainment Group and Cinemark are known to be AMC’s top competitors though they do have other competition out there. Whether you’re wanting to enjoy just an everyday outing or have a chef-inspired menu, you’ve got three different ways to enjoy AMC theaters with (AMC, AMC Classic, and AMC Dine-In). With the most popular AMC, you’re able to experience all the different amenities, everything from the classic spacious rocking seats to luxury recliners and advanced menus. AMC Classic is more of a hometown theater with a friendly local feel and the standard concession of pretzel bites, nachos, and popcorn. Then last but not least there’s AMC Dine-In. These Theaters are equipped with a full kitchen and offer services ranging from full-service dining or express pick-up. And you’re able to enjoy all of this while enjoying a good film.
Currently the competitive forces in the movie rental marketplace are not very strong. There are not very many players seeking to gain share in the market. The only competitors that come to mind when thinking of the movie rental marketplace are Netflix, Blockbuster and Red box. The evolution of technology has allowed many people to stream movies from online at no charge, for most and without any required subscription. Places like Blockbuster and Movie Stop are not as vivid as they have been in previous years due to the market shifting
The success of Netflix forced Blockbuster to see the growing popularity of rent-by-mail formats. In 2003 Blockbuster launched a rental subscription program, which would allow subscribers to rent an unlimited number of movies during the subscription period like Netflix, but with Blockbuster there was no waiting for movies to arrive. Blockbuster also fine-tuned its rental program and introduced a no-late-fee policy to compete against the growing number of subscribers to online rental companies. In 2004 Blockbuster
Instead of various local chain stores, Netflix operated from a single virtual store that offered customers new rental features. The web services platform utilized customization and a user-friendly design to facilitate renting movies. “CineMatch,” a proprietary developed application, tailored the virtual store to each subscriber. This technology produced customized rental suggestions for customers while maximizing potential inventory. “CineMatch” incorporated a subscriber rating system of past rentals to generate more efficient and personalized future recommendations. The web-based services also improved selection through the ability to easily browse Netflix’s large inventory catalog and add selections to a personalized “Queue,” which lists movies customers have scheduled to receive. Instead of being forced to navigate through the traditional genre and alphabetized catalog, Netflix offered an easier movie selection process. Besides the selection efficiencies, members have the ability to share ratings, reviews, and movie selections with each other through the “Community” feature.
Concession sales and ticket sales are the two biggest sources of revenue for a movie theater. Both continue to increase in cost to the consumers and may have reached a price point that is starting
To offer a wide selection of DVDs for its consumers, Netflix worked with more than 50 studios and distributors. Revenue sharing arrangements
The reward programs as depicted in exhibit 5 are evaluated as below in terms of retail value they offer to customers of Cineplex entertainment. The obvious intention of the reward program is to enhance customer loyalty by rewarding them for their repeated, frequent patronage. Therefore, we will consider the discount percentage for 10 adult movie purchases and 10 concession combo