Second Quarter 2018 Domestic Industry Box Office is the Largest Box Office Quarter in Cinema History
April, May, June gross revenues set an all-time quarterly domestic industry box office record of an estimated $3.33 billion
Domestic box office sets new record for the month of April of $1.02 billion, and sets new record for the month of June at estimated $1.27 billion
Second quarter domestic industry box office up approximately 22.7% year over year
Year-to-date, the 2018 domestic box office is up approximately 9.6% vs. last year, and 2018 is the fastest year to $6 billion in history
LEAWOOD, Kan.--(BUSINESS WIRE)-- “Let’s all go to the movies” rang through the second quarter of 2018, with April, May and June recording the highest box office grossing calendar quarter of all time. AMC Theatres® (NYSE:AMC) ("AMC”), the largest movie theatre chain in the United States, commented today on this notable achievement, due to the collective efforts of movie makers and theatre operators.
“There can be no doubt now that when Hollywood makes appealing movies, Americans flock to movie theatres in huge numbers. The record-setting quarter we just completed was the biggest in cinema history,” said Adam Aron, CEO and President, AMC Theatres. “We salute the magnificent job being done by our studio partners in creating the fabulous content that we in turn are putting on our screens. Success here is also the result of the continued dedication of exhibitors, led by AMC, to provide the very best movie-going amenities to our guests. Cutting-edge marketing programs are also key drivers for increased movie going, including our AMC Stubs loyalty program and the new AMC Stubs A-List.”
The record-setting second quarter was not only the largest second quarter of all time, but with an estimated $3.33 billion, it was also the largest of any individual quarter in box office history, blowing by the previous record of $3.09 billion set in the second quarter of 2015. Final industry box office numbers for the second quarter and month of June will be available later this week.
Looking at the strength across and within the quarter, a record June finished an estimated 20.1% ahead of last year with an estimated record $1.27 billion, May finished 24% ahead of last year, and a record April finished 26% ahead of last year.
June 2018 represents the fifth time in the past 10 months that the Hollywood domestic box office has set a record. September, December, February, April and June each set a record best for those respective months.
Through the first half of 2018, the box office is up an estimated 9.6% versus the first six months in 2017, and 2018 is the fastest year in history to eclipse the $6 billion total box office mark.
The summer of great titles continues in July. THE FIRST PURGE opens July 4; ANT-MAN AND THE WASP opens this Friday, July 6 (with showtimes beginning Thursday evening); HOTEL TRANSYLVANIA 3: SUMMER VACATION and SKYSCRAPER open July 13; THE EQUALIZER 2 and MAMMA MIA: HERE WE GO AGAIN! open July 20; and MISSION IMPOSSIBLE: FALLOUT opens July 27.
With so many great movies coming soon, now is the perfect time for guests to sign up for AMC Stubs A-List. Through AMC Stubs A-List, members can enjoy all available showtimes up to three times per week, at all AMC theatre locations in the United States, in all of AMC’s normal and premium formats, including IMAX at AMC, Dolby Cinema at AMC, RealD 3D, Prime at AMC and BigD. AMC Stubs A-List can be used at the spur of the moment or also can make planning ahead days or weeks in advance possible, as securing tickets is made easy via the reservations capabilities on the AMCTheatres.com web site, or on the AMC Theatres smartphone app or at the box offices of AMC Theatres. AMC Stubs A-List members pay only $19.95 per month (plus tax).
For information about AMC Stubs A-List and to sign up, guests can inquire at their local AMC, or at AMC’s web site www.amcstubs.com/alist, or on AMC’s iOS and Android smartphone apps after downloading or updating them with the latest app release.
About AMC Entertainment Holdings, Inc.
AMC is the largest movie exhibition company in the U.S., in Europe and throughout the world with more than 1,000 theatres and 11,000 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty program, web site and smartphone apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. AMC operates among the most productive theatres in the United States' top markets, having the #1 or #2 market share positions in 22 of the 25 largest metropolitan areas of the United States, including the top three markets (NY, LA, Chicago). Through its Odeon subsidiary AMC operates in 14 European countries and is the #1 theatre chain in Estonia, Finland, Italy, Latvia, Lithuania, Norway, Spain, Sweden and UK & Ireland. In a joint partnership with The Development and Investment Entertainment Company, a subsidiary of The Public Investment Fund of Saudi Arabia, AMC also operates AMC Cinemas in the Kingdom of Saudi Arabia. For more information, visit www.amctheatres.com.
AMC Entertainment Holdings, Inc.
Ryan Noonan, (913) 213-2183
Source: AMC Entertainment Holdings, Inc.
Released July 2, 2018