AMC CEO: We See Record Box Office Sales in 2017 and 2018

The transcript discusses AMC's acquisition of Carmike Cinemas, which would make AMC the largest movie theater exhibitor globally. The acquisition requires approval from Carmike shareholders and the Justice Department. AMC is optimistic about the approval, having experience with similar processes, such as the Starplex Cinemas acquisition. The company is also considering international expansion, encouraged by its shareholders. AMC's first-quarter earnings were strong, with significant year-over-year growth. While there may be challenges in the second quarter, AMC is optimistic about future prospects, anticipating record-breaking years in 2017 and 2018 due to a strong lineup of blockbuster movies.

What is the main goal of AMC's acquisition of Carmike Cinemas?

• To focus on digital streaming services

• To reduce ticket prices

• To diversify into other entertainment sectors

• To become the largest movie theater exhibitor in the world

What is AMC's approach towards international expansion?

• They are not interested in international markets

• They are considering opportunities abroad

• They plan to focus solely on the US market

• They have already acquired several international chains

How did AMC's financial performance in the first quarter compare to expectations?

• It was not reported

• It exceeded expectations

• It met expectations

• It was below expectations

What is AMC's outlook for the movie industry in 2017 and 2018?

• They predict a shift to online streaming

• They foresee a stagnant market

• They anticipate industry records

• They expect a decline in ticket sales

What challenge does AMC anticipate in the second quarter?

• A lack of blockbuster movies

• Increased competition from streaming services

• Regulatory hurdles

• A potential decrease in ticket sales