Yeah but that's what others have been saying AMC didn't lower the ticket by 50% AMC negotiated with the studios to take a cut or is paying the difference to the studios out of pocket. A movie theater should be seen as two business in a trenchcoat.

The tickets are a direct transaction with the movie studios and they 99% of the total revenue on every ticket. In the old days theaters would get more of a percentage up to maybe 10%. You saw it where the movie would start in the big theater then move to the tiny theater.

That's how dollar theaters worked they played older movies and passed their cut as a savings to the customer. the longer the movie stayed playing but now that theaters no longer have film cans and the studios control how many times that film gets played and pull it after a week or two.

The theaters are still only getting 1% of the ticket but still have to 100% cost of running the equipment and staff. All that money mainly comes from concessions