AMC Theatres made an unexpected partnership announcement earlier this week. The movie theater chain said it had signed a deal with Zoom to open “Zoom Room” in 17 theater locations in the United States.
AMC Theaters said that its deal with Zoom would allow customers to video chat inside its multiplex. The company’s chief executive officer, Aron Adam, said the deal would give them access to the multi-billion market for corporate and other meetings, especially during the weekdays when there are fewer movie-goers, and the multiplex is quiet.
It was noted that over the years, many theaters and cinemas have tried repurposing their buildings to continue to make profits during daytime and slower periods. However, many did not succeed even with the efforts. Now, the largest cinema chain in the world is the latest to experiment with converting its theaters for another function.
Through its team-up with Zoom, AMC Theatres will make it possible for small, medium or large groups to have conference calls when they are in different locations. The chain will open the Zoom Room for this purpose, and it will roll out next year with no exact date yet.
As per Variety, this move is AMC’s odd attempt to branch out its business beyond the movie theater business as it still struggling to recover from the losses brought about by the COVID pandemic. The company was fortunate enough to have avoided bankruptcy, so it is working hard to boost sales again by finding other sources of income, such as the expansion of its popcorn-selling business.
The Zoom Room is AMC’s most recent pursuit to boost its profits. Customers can start booking these rooms online at their chosen time and location once the service is officially launched. Each booking offers a three-hour block of time to host virtual meetings or events.
AMC Theater and Zoom will provide all the equipment for a comfortable and hassle-free Zoom Rooms experience. The size of the auditoriums is different and can accommodate 75 to 150 people.
“One of the lessons learned during the pandemic when so many of us were forced to work remotely was the importance of a reliable, dynamic communications platform. We also learned that even though we may be spread far apart, the ability to come together in person is as important as ever,” AMC Theatres chairman and CEO Adam Aron said in a press release. “That is why I am so excited about this AMC partnership with Zoom.”
Photo by: Ser_Amantio_di_Nicolao/Wikimedia Commons (CC BY-SA 3.0)


Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates
Trump Signals Opposition to USMCA Renewal as U.S. Reviews Trade Relations with Canada and Mexico
Woodside Energy Acquires PetroChina’s Browse Stake, Expands Position in Major Australian Gas Project
Sigma Healthcare Shares Slide Amid Preliminary Boots Acquisition Talks
Asian Stocks Surge as Middle East Peace Hopes Lift Markets; SpaceX IPO Shatters Records
Wizz Air Beats Profit Forecast as Cost Controls Offset Industry Challenges
IMF Advances Ukraine Loan Program, Clears $690M Disbursement
Wall Street Rallies as SpaceX IPO Soars and U.S.-Iran Peace Deal Hopes Grow
Asics Considers Onitsuka Tiger Spinoff as Luxury Sneaker Brand Expands Globally
US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment
Astera Labs and Rocket Lab Surge After Nasdaq-100 Inclusion Announcement
Gold Prices Slide Toward Second Weekly Loss as Fed Rate Hike Expectations Weigh on Market
DOJ Clears Paramount Skydance-Warner Bros. Discovery Merger Without Conditions
SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion
US Appeals Court Keeps Trump’s 10% Global Tariff in Effect During Ongoing Legal Battle
oOh!media Takeover Battle Intensifies as Bain Capital Joins Competing Bids
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 



