X - AMC CEO Adam Aron Highlights Movie Theater Upside Following Tentative Writers Guild Deal Shares Rip Higher | Benzinga
AMC Entertainment Holdings Inc (NYSE: AMC) CEO Adam Aron sees upside for movie theaters following the tentative writers strike deal reached over the weekend.
What Happened: According to a New York Times report, the Writers Guild of America reached a tentative agreement with entertainment companies 146 days into a strike that has resulted in multiple production halts.
The report indicates the deal includes compensation increases for streaming content, studio concessions on minimum staffing for T.V. shows and guarantees related to AI's role in the industry.
Members of the Writers Guild, which represents more than 11,000 screenwriters, are expected to ...