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Entertainment

Disney’s Inside Out gives boost to cinema operators like AMC

by Jamie Ashcroft
Disney’s Inside Out gives boost to cinema operators like AMC

Disney’s (NYSE:DIS) new family animation has marked a return to form for the massive media conglomerate, with Pixar film ‘Inside Out 2’ setting a new box office record in its first weekend.

The movie took $295 million globally over its first three days of screenings, with $155 million banked in the US alone.

According to Disney, it is the best global debut for an animated film ever.

It comes after a series of recent Disney cinema releases – such as Wish and The Marvels - disappointed at the box office.

Not only is it a welcome boost for Disney’s cinematic division, its also good news for cinema operators ahead of the key summer holiday season.

AMC Entertainment (NYSE:AMC) shares traded close to 1% in Monday’s dealing, changing hands at $5.04 each.

by Jamie Ashcroft