![]() “We are similarly confident and excited about the film slate that is coming in 2018 and again in 2019. “In our view, the weakness of the summer box office is not indicative of a long-term trend, especially immediately after two and a half years of record box office performance and just before what we expect will be strong and robust consumer demand through year end,” he said. Aron reiterated that his optimism about the moviegoing business. But North American box office remains down 4.8% for 2017. “Thor: Ragnarok” has taken in $427 million worldwide in less than two weeks. “When Hollywood and international movie makers offer appealing movies, Americans and Europeans will pour into our theatres in huge numbers and pay top-dollar to do so.” “Among many other hit films this year, movies like ‘ It’ in September, ‘Thor: Ragnarok’ in November and soon ‘Star Wars: The Last Jedi’ in December, demonstrate for all to see what we know to be true,” he said. Aron said he’s “bullish” about the current quarter. ![]() Total adjusted EBITDA increased 2.1% to $147.4 million and revenues were up 51.2% to $1.18 billion - which included $333 million of revenues from international theaters due to the acquisitions of Odeon Cinemas Group and Nordic Cinema Group Holding AB. “In a high fixed-cost, low variable-cost business, this has led to lower EBITDA generation for AMC in the third quarter of 2017,” Aron added.
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