AMC Stock: The Show Must Go On AMC stock is hot action right now. Is it a flash fire, or could the market be telling us something about the future of the movie business?
In March of 2020, the Motion Picture Association released its THEME annual report detailing the state of the business of making and selling movies to the public in 2019. That report had streaming revenue up 14% from the year prior, a much more aggressive growth curve than the 1% growth in revenue from movie theaters. Of the $101 billion in total gross revenue from motion pictures, 58.3% of it came from non-theatrical showings.
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