https://reddit.com/link/1kflhsr/video/l9p5uvals0ze1/player
The Minecraft movie was an experience and is gonna rally AMC this earnings. People would scream and clap whenever Steve said "Flint and Steel" among other phrases.
The Minecraft movie grossed about 400M so far in the United States.
The average ticket price is about $11. This comes out to around 36,000,000 people watching the movie. AMC operates 543 theaters across 43 states, representing approximately 27.5% of all 1,972 movie theater businesses in the United States. That's about 9,900,000 movie patrons.
All this is somewhat priced, what isn't priced in, is the popcorn. People and kids tossing this shit and making a mess is highly profitable for AMC. They have around 90% margins on popcorn. AMC's PPP (Popcorn Purchase Rate) is typically 36%. I think it's closer between 50% and 60% for the Minecraft movie. The price of Popcorn is about $9. Using the conservative end of 50% that's 5,000,000 buckets of popcorn at $9.
Analysts think AMC is going to totally shit the bed, but the Minecraft movie is here to save the day. All the kids throwing popcorn have to get it from somewhere. If everyone is throwing rotten tomatoes at the village idiot, buy the tomato stands not the village idiot.
You can buy WBD if you want, but popcorn has higher margins than movies.
https://preview.redd.it/o6gwxq0fs0ze1.png?width=1080&format=png&auto=webp&s=6bc21257874e329ad21ef3cdee0e953e205f7bcc