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☀️AMC THEATERS Stock Plummets -50% this week, what's afoot...
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The Wakeup

☀️AMC THEATERS Stock Plummets -50% this week, what's afoot...

Live CNN (ish) coming to MAX in Sept / NIELSEN adding AMAZON data to NFL ratings / LIONSGATE sets distro deal with STX

Sean McNulty's avatar
Sean McNulty
Aug 24, 2023
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☀️AMC THEATERS Stock Plummets -50% this week, what's afoot...
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Mornin! This is Sean McNulty (connect here on LINKED-IN if ya like) and here’s the Hollywood + Media news to know on THURSDAY Aug 24, 2023.

Where today is the day that people call out sick the most every year, according to Bloomberg. Unfortunately, I found this out after I wrote the newsletter so… well here we are.

we also would have accepted Sean. via Giphy

PLUS: Zaz got the full New Yorker treatment, including a fun trip through some 90’s Media Biz leader names (Bob Wright and Tom Rogers anyone?) during the profile’s dive into Young Zaz’s ascent through the NBC Cable Division ranks. Although to note - no new quotes from Zaz as he didn’t participate in the profile.

WAKEUP BOX OFFICE POLL

I’m going to pass on predictions for Gran Turismo, as it’s $4 Movie Day this Sunday at over 3,000 movie theaters…

But I am curious if folks are going to specifically go to the movies this weekend to partake in the discount!

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IN TODAY’S EDITION:

  • MAX sets live CNN (ish) plan for Sept

  • LIONSGATE makes STX pact

  • AMC THEATERS week to remember

  • NIELSEN taking AMAZON Streaming data into data set, and… much more.

CLARIFICATION FROM YESTERDAY: I got a few notes about my characterization that “I guess the ball is back in the WGA’s court” after the AMPTP released their document… thus totally breaking the agreed upon media blackout, under which any successful business negotiation process needs to take place - that was in reference to one of the closing lines of their note yesterday, saying “Tomorrow we will send a more detailed description of the state of the negotiations”… meaning it seemed they would be the next to speak on the strike and add more color to the situation for everyone. My apologies if the phrasing was not ideal for some.

A SPLASH OF INSPIRATION:

AI is potentially affecting our lives in many scary ways that I don’t need to get this crowd up to speed on, but this NY Times story of a woman gaining the ability to “speak” again after a brain injury in the late 2000s was a compelling read.

She suffered an very unexpected stroke at just 30-years-old, 2 years after getting married and having a young daughter. So, as I often try and remind myself - be mindful of the future, but always live in the day in front of you and try to make the most of what it gives you… as there are no guarantees about the ones beyond it. Philosopher Sean out.


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AMC THEATERS stock is plummeting, Why?

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