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AMC Entertainment's record summer box office tests a $3.9 billion debt ceiling

9/12/2026

North American summer box office revenue reached $4.76 billion this season, a record high, putting AMC Entertainment Holdings (NYSE: AMC) back in focus as the world's largest theater chain.

The company reported $2.64 billion in first-half 2026 revenue, up 17% from the year-ago period, and the question for the setup is whether that throughput gain can begin to clear the $3.9 billion in corporate borrowings that still weigh on the bottom line.

The attendance recovery has an identifiable product slate behind it.

Spider-Man: Brand New Day and The Odyssey pulled audiences back this summer, and The Odyssey offered an IMAX version that commands a different in-theater experience from what consumers can replicate at home.

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