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LEAWOOD, Kan. - AMC Theatres (NYSE:AMC) will present the Netflix Stranger Things series finale in a special two-night engagement at approximately 200 U.S. locations on December 31, 2025, and January 1, 2026. The theater chain, currently valued at $1.2 billion, has seen its stock gain nearly 4% over the past week, though InvestingPro analysis suggests the shares remain undervalued compared to their Fair Value.
The screenings will begin at 8 p.m. ET/5 p.m. PT on New Year’s Eve, offering fans an opportunity to experience the conclusion of the popular series in a theatrical setting.
Viewers can secure seats by purchasing a $20 non-refundable food and beverage credit, redeemable for concessions on the day of the show. Seat reservations will be available starting Tuesday, December 2, at 11 a.m. ET, while supplies last.
This event represents a continued collaboration between AMC and Netflix, following their partnership for special Halloween weekend screenings of KPop Demon Hunters in October.
"AMC is proud to be providing it to Stranger Things fans at approximately 200 of our U.S. theatres, and we look forward to more opportunities for Netflix and AMC to join forces in the months and years ahead," said Adam Aron, Chairman and CEO of AMC Entertainment. These strategic partnerships come as the company faces financial challenges, with InvestingPro data showing AMC operating with a significant debt burden and weak gross profit margins of just under 15%.
Due to the limited nature of the event, AMC’s A-List subscription and passes will not be eligible, and guests cannot use AMC Stubs points to purchase the food and beverage credit.
Additional information, including participating locations and showtime details, will be available on the AMC Theatres mobile app and website.
The announcement comes as AMC and Netflix continue exploring opportunities to bring Netflix content to theatrical audiences, according to the company’s press release statement.
In other recent news, AMC Entertainment reported its third-quarter earnings for 2025, with revenue reaching $1.3 billion, surpassing the forecast of $1.23 billion. However, the company’s earnings per share were slightly below expectations at -$0.21, compared to the anticipated -$0.19. Additionally, AMC Theatres recorded its highest weekly attendance of 2025 during the Thanksgiving holiday, welcoming approximately 6.9 million moviegoers globally. The theater chain also saw strong attendance driven by Universal’s "Wicked: For Good," which attracted over 4.5 million guests worldwide. In a move to enhance customer experience, AMC announced a new AMC Popcorn Pass for $29.99 annually, offering a 50% discount on large popcorn daily for AMC Stubs members. Meanwhile, National CineMedia expanded its market presence by acquiring Spotlight Cinema Networks, increasing its national market share by 6% and significantly boosting its footprint in New York and Los Angeles. These developments reflect AMC’s ongoing efforts to engage audiences and enhance its service offerings.
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