Amc theatres ceo

More recently, he became a co-owner of the Philadelphia 76ersadditionally serving as its CEO from to After graduating, amc theatres ceo, Aron began working for Pan Am inwhere he was picked by executive Stephen Wolf to design the company's first frequent-flyer program.

According to Aron, a federal criminal investigation ultimately led to the arrest of the blackmailer, who Aron says was convicted of a felony and spent nearly a year in jail. Company Town. Adam Aron rode the meme stock wave to rescue AMC. June 20, Aron could not be reached for comment.

Amc theatres ceo

The executive took to social media on Thursday after the news website Semafor published a story detailing an extortion attempt of Aron by Sakoya Blackwood, a New York woman who pleaded guilty to a federal charge of cyberstalking this summer. Aron said he had opted not to cave to demands for money from Blackwood, even though he knew he could face public backlash. I did so knowing I risked personal embarrassment. But with my access to resources, if I did not stand up against blackmail, who could? Blackwood started texting Aron in March , calling herself "Mia" and sending him photos of a year-old Russian model that she presented as herself, according to court documents. Aron mistakenly believed her to be a ballerina that had done "unmentionable things" to him in a past relationship, and Blackwood did not dispel him of the notion. Instead, she asked him to send explicit photos and he complied in a weekslong exchange. Blackwood created other phony characters and texted Aron through online burner accounts from a fictional former boyfriend as well as a fake Vanity Fair journalist. She threatened to forward the photos and exchanges to the news media and AMC board if Aron did not send her hundreds of thousands of dollars. Please enter email address to continue.

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By Caitlin Huston. Business Writer. In a largely symbolic move, stockholders holding 20,, shares voted against the pay package, while those holding 19,, voted for it. These votes are non-binding, and therefore do not carry any financial ramifications, but may show that some investors are not happy with the compensation packages or perhaps with management. AMC Theatres became a meme stock in , and saw its share prices soar at the time thanks to interest from retail investors. In its most recent earnings report, for the three months ended in September, AMC swung to profit and saw its revenue climb thanks to the success of films such as Barbie and Oppenheimer. More recently, the theater chain saw success with the rollout of The Taylor Swift: The Eras Tour, but Aron has cautioned that the theaters will still likely see repercussions from the writers and actors strikes, which disrupted the film release calendar.

By Rebecca Rubin. Film and Media Reporter. But for whatever reason perhaps a desire to turn a profit , the attitude toward multiplexes has changed and tech giants like Apple and Amazon have committed to spending billions on theatrical movies. It may take some time for Apple and Amazon to have enough product to debut these movies with consistency. Until then, AMC has a secret weapon in enticing audiences to the big screen with the highly anticipated sequel to its viral ad, starring Nicole Kidman.

Amc theatres ceo

Leaning into his newfound notoriety, Aron took to Twitter and YouTube to communicate directly with the millions of retail shareholders that helped save AMC financially when most predicted the circuit would soon be filing for bankruptcy. I understand that was a deal that made sense at the time, but here we are now three years later operating under very different market conditions. Is there a chance those terms, in regard to the window, can be revisited? But I know that, generally, movies are playing with a day window. Getting that consensus has been really important. Another important development over the past year is that, in and , the studios were really leaning into their streaming services as their top priority. Hollywood started to realize again how much money could be made by releasing movies theatrically. They also realized that movies that were released theatrically became national or global events and that those movies only became even more successful when they were eventually released in their respective streaming services. So what I think happened over the last 17 months—again, starting with Spider-Man: No Way Home and continuing through to Avatar: The Way of Water —is that studios have once again prioritized theatrical releases as the smartest way to monetize their assets. I think those developments are far more important than the Universal deal.

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Download as PDF Printable version. Archived from the original on December 29, Aron mistakenly believed her to be a ballerina that had done "unmentionable things" to him in a past relationship, and Blackwood did not dispel him of the notion. Archived from the original on June 3, Couple gets over years in prison for "indescribable" torture of sons. Download as PDF Printable version. Goodman held strategy and finance roles at The Home Depot, Inc. Prior thereto Mr. This article is about the American movie theater chain. She spent 15 years in the San Diego market working her way up through a number of theatre leadership roles. The industry quickly embraced the multiplex concept, where additional screens meant very little difference in staff and operating costs but resulted in a significant profit increase.

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Archived from the original on July 29, It also gave owners the flexibility to show big hits on more screens and less reliance on any individual film that could turn out to be a bust. February 16, He has more than 20 years of experience as a Chief Executive Officer, more than 25 years of experience as a corporate Director, and more than 35 years of consumer-engagement experience. Archived from the original on November 5, Retrieved February 8, Retrieved June 19, Follow Sign Up. In August , the company revealed plans to begin accepting cryptocurrencies such as Bitcoin for purchases in the future, [79] which it did in November for online purchases via PayPal. Archived from the original on November 20, Retrieved August 26, Military Services, Inc. Tools Tools. Joseph News-Press 26 Nov , page 1". Court of Appeals for the Ninth Circuit , which ruled on December 5, [] that the order was excessive and violated AMC's due process rights under the Constitution of the United States.