January 12, 2026
‘Thank you Barbenheimer!’ AMC CEO touts record July, boosted by ‘Barbie’ and ‘Oppenheimer.’

‘Thank you Barbenheimer!’ AMC CEO touts record July, boosted by ‘Barbie’ and ‘Oppenheimer.’

‘Thank you Barbenheimer!’ AMC CEO touts record July revenue. – MarketWatch

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Published: Aug. 10, 2023 at 9:47 a.m. ET

‘Barbie’ and ‘Oppenheimer’ both opened on July 21, sparking an internet phenomenon dubbed ‘Barbenheimer’

Summer blockbusters “Oppenheimer” and “Barbie” opened on July 21, sparking an internet phenomenon dubbed “Barbenheimer.”

UNIVERSAL PICTURES /WARNER BROS. PICTURES

[]AMC Entertainment Holdings Inc. CEO Adam Aron has cited the success of summer blockbusters “Barbie” and “Oppenheimer” for pushing the company’s July revenue to a record level. 

[]“July 2023 was the biggest revenue month in AMC’s entire 103 year history,” he tweeted. “Thank you Barbenheimer!”

[]Related: AMC, buoyed by its popcorn push, prepares to launch branded premium gourmet candy

[]“Barbie” and “Oppenheimer,” two of the year’s most eagerly anticipated movies, both opened on July 21, sparking an internet phenomenon dubbed “Barbenheimer.”

[]The AMC AMC, +1.63% CEO also highlighted the company’s second-quarter results this week. The movie-theater chain and meme-stock darling reported better-than-expected second-quarter numbers early Tuesday. “AMC’s strongest quarter in 4 full years,” he tweeted. “Records setting. Adjusted [earnings before interest, taxes, depreciation and amortization] of $182.5 million, up 71% over [the second quarter of] 2022.”

[]Related: ‘Barbenheimer’ may have sparked euphoria, but ‘cash is very tight’ for AMC, CEO warns

[]Shares of AMC rose 1% in premarket trades Thursday after ending Wednesday’s session down 3.7%. The company’s AMC Preferred Equity units APE, +1.16% rose 1.7% in premarket trades.

[]AMC’s plan to convert its AMC Preferred Equity units to common stock was blocked last month when a Delaware judge rejected a settlement that would have allowed the deal to proceed. The stock-conversion plan was part of the company’s ongoing battle to eliminate debt. 

[]Related: AMC could face bankruptcy risk if APE conversion battle fails and strikes drag on, analyst warns

[]AMC has filed a modification in an attempt to address the Delaware court’s concerns.

[]Of eight analysts surveyed by FactSet, three have a hold rating and five have a sell rating for AMC.

The long-simmering rumor of Apple buying Disney is resurfacing as Bob Iger looks to sell assets

[]When asked specifically about Apple, Disney CEO Robert Iger testily said he would not “speculate” on the sale of Disney to a technology company or anyone else.

[]James Rogers is a Financial Columnist for MarketWatch.

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