AMC, Cinemark, Imax Tout Best Monthly Box Office (October) Since Pandemic Began

Despite a sluggish Halloween box office with the annual trick-or-treat event falling on a Sunday, AMC Theatres, Cinemark and Imax said the month of October was their highest monthly box office since the pandemic began in March 2020.

Data firm Box Office Mojo said October revenue across all domestic exhibitors neared $622 million, which was the highest monthly total since the $638 million generated in February 2020.

Leawood, Kan.-based AMC, which touts itself as the largest exhibitor in the world with 950 locations and 10,500 screens, said the month was also the highest in ticket sales in Europe and other foreign markets.

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The month featured major theatrical releases including Sony Pictures Entertainment’s Venom: Let There Be Carnage, MGM’s latest James Bond actioner No Time To Die, Universal Pictures’ Halloween Kills, MGM’s The Addams Family 2, and Warner Bros. Pictures’ Dune, among others

Plano, Tex.-based Cinemark, which operates 323 domestic locations, said the October results were due to studios releasing tentpole titles sidelined by the pandemic.

“Congratulations to our studio partners for creating must-see big-screen content with something for everyone,” CEO Mark Zoradi said in a statement.

Imax CEO Richard Gelfond said Dune and No Time to Die together accounted for 20% of the exhibitor’s $100 million in global ticket sales.

“It is clear the global film industry has reached a turning point,” Gelfond said on the exhibitor’s fiscal call. “The movies are back. Imax is delivering global box office grosses in line with or above pre-pandemic highs as consumers return to theatres around the world.”

This month (November) features major studio releases include Eternals (Disney/Marvel), Ghostbusters: Afterlife (Sony Pictures), Encanto and West Side Story (both Disney), Spider-Man: No Way Home (Sony Pictures), Matrix Resurrections (Warner Bros. Pictures) and Sing 2 (Universal).

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