AMC Speaks Out in Support of the Paramount/WDC Merger
Going against the grain of theater operators and Hollywood stars, Adam Aron, CEO of AMC, supports David Ellison’s bid to acquire Warner Bros. Adam Aron, CEO of AMC, the world’s largest cinema chain, has expressed his support for Paramount’s acquisition of Warner Bros. under the leadership of David Ellison. A prominent figure in the American film industry, he is thus contradicting the concerns of theater operators and Hollywood stars. In a statement to the press on Thursday and an interview with Variety last month, Adam Aron expressed… confidence in the future of the film industry. Unlike theater owners gathered at CinemaCon, who fear a reduction in the number of films and excessive consolidation of power, Adam Aron sees the son of multi-billionaire Larry Ellison as an ally of movie theaters.…