| I have been quite a heavy patron of AMC theaters these past few years since COVID ended. I have seen A LOT of movies play to empty theaters. I used to actually peek at many of the rooms when I left my movie and so many were downright empty. Its the norm and its probably why their stock is trading at $1.45 as of this writing. Its a dead (not dying, dead) entertainment option. When you are competing for the same 24 hrs in a day with TV, Youtube, Gaming, Streaming, TikTok, Instagram and many others the theater is bottom of the barrel for young people today. And don't tell me its because people are disrespectful or the commercials are too long. These are a problem but Alamo Drafthouse tried to tackle this and they ended up in bankruptcy. AMC would also be bankrupt today but it's saving grace was the meme stock frenzy they had a few years back. Probably bought them a few more years but that ride might be coming to an end. Currently they fill the rooms for the pop movies like old established franchises but that only comes along every couple weeks at the most and the rest of the time the place is not really busy. This is a bit different in the big cities but AMC has overextended themselves with too many locations in the rural and suburban US. ...Also this app is not displaying accurate data (I assume they are pulling from AMC's API). My local theater is listing no results and I cross checked and there are movies currently listed that have 0 seats booked so the app is counting incorrectly for at least one theater. EDIT: After I wrote this, the site auto updated with new data. Now I see some screenings but it is still inaccurate because it is still missing movies from that theater...maybe they are scraping instead of using the API? This is a simple problem if using the API (I wrote my own home cooked app): just iterate through all theater ids, find the ones with 0 bookings and display that list. |
It's just dead in its current form, you're right about that. To make it work they need to reinvent themselves. But it's hard.