AMC earns $15 million from Netflix Stranger Things finale screenings

AMC Entertainment Holdings (NYSE: AMC) reported collecting more than $15 million during a two-day theatrical screening of Netflix's (NASDAQ: NFLX) Stranger Things series finale over New Year's Eve and New Year's Day.

The company screened the multi-hour series finale in 231 U.S. theaters, attracting more than 753,000 attendees. AMC represented slightly more than one-third of theaters showing the finale nationwide and estimates it captured more than half of all theatrical viewings.

Admission was free but required a mandatory $20 per-person food and beverage purchase. Consumer demand led AMC to add thousands of additional showtimes, resulting in nine times the originally planned seating capacity.

The collaboration follows a Halloween screening of Netflix's KPop Demon Hunters, where AMC accounted for more than 35% of attendance that weekend. Chairman and CEO Adam Aron said the two companies have commenced discussions about additional Netflix programming for AMC's theaters.

Aron noted that approximately two-thirds of AMC Stubs loyalty program members in the United States also subscribe to Netflix. He indicated more joint projects are expected in 2026 and beyond while maintaining commitments to treat studio partners equally.

AMC operates approximately 860 theaters with 9,600 screens globally, making it the largest movie exhibition company in the United States, Europe, and worldwide.

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