Bey and Tay save the movies! AMC says 'literally all' of its Q4 revenue growth was from their concert films.

Fri, 03/01/2024 - 11:25

side-by-side of taylor swift and Beyonce on stage during tours — Taylor Swift during her Eras tour (left), and Beyonce during her Renaissance tour (right).
Don Arnold/TAS24, Kevin Mazur/Getty Images

AMC owes Taylor Swift and Beyoncé — big time.
CEO Adam Aron says 'literally all' of AMC's revenue growth in Q4 was from their concert films.
Swift's film alone earned $275 million worldwide, smashing records.

AMC saw a jump in revenue at the end of last year, and the theater chain has two of the most famous women in the world to thank: Beyoncé and Taylor Swift.

In an earnings call on Wednesday, AMC CEO Adam Aron said that "literally all" of the company's 11.5% revenue growth in Q4 of 2023 was from the pop superstars' concert films documenting the wildly popular "Eras" and "Renaissance" tours.