Taylor Swift to celebrate new album with global theater release party

LEAWOOD, Kan. - Taylor Swift will return to movie theaters worldwide with "Taylor Swift | The Official Release Party of a Showgirl" to celebrate her 12th studio album, according to a press release from AMC Theatres (NYSE: AMC), which currently operates with a market capitalization of $1.52 billion and has shown revenue growth of 9.42% over the last twelve months.

The 89-minute theatrical event will screen from October 3-5 in the United States and 18 other countries initially, with expansion to approximately 100 countries planned later in October.

The screening will feature the world premiere of "The Fate of Ophelia" music video, behind-the-scenes footage, new lyric videos, and Swift’s personal reflections on songs from "The Life of a Showgirl" album.

AMC Theatres Distribution is handling the release, which will play at all 540 AMC locations in the U.S. as well as Cinemark and Regal theaters. International screenings will include theaters in Canada, Mexico, the United Kingdom, and various European countries.

U.S. screenings will begin at 3 p.m. EDT on October 3, with standard tickets priced at $12 plus tax. The film will also be available in premium formats like Dolby Cinema for additional charges.

This marks the second collaboration between Swift and AMC Theatres Distribution following 2023’s "Taylor Swift | The Eras Tour" concert film, which grossed over $261 million globally and became the highest-grossing concert film of all time. According to InvestingPro analysis, AMC’s current financial health score is rated as FAIR, though the company operates with significant debt obligations. For deeper insights into AMC’s financial position and 12 additional exclusive ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.

At AMC locations, the film will begin promptly at showtime without previews or ads. Singing and dancing will be permitted during screenings, though standing on seats or blocking aisles is prohibited.

U.S. tickets are currently on sale, while international tickets will be available starting September 23 for the initial 18 countries, with additional international release information expected around October 3. With AMC’s stock currently trading at $2.94, investors looking for detailed valuation metrics and future growth prospects can find exclusive analysis and Fair Value estimates on InvestingPro, which covers over 1,400 US stocks with comprehensive research reports.

In other recent news, AMC Entertainment reported a strong second-quarter performance, with revenue reaching $1.4 billion, surpassing analysts’ forecasts of $1.31 billion. This represents a 36% increase from the previous year. Additionally, the company’s EBITDA rose to $189 million, marking a substantial 544% increase year-over-year. Despite these impressive figures, AMC’s earnings per share remained at zero, aligning with expectations. Macquarie has maintained its Neutral rating on AMC stock, setting a price target of $3.00, following these results. The firm noted the strong operating leverage in AMC’s business as a positive factor. Furthermore, Stephen King’s "IT" is set to return to select theaters globally for a special one-night screening. This event precedes the premiere of the HBO Original series "IT: Welcome to Derry" on October 26.

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