May 11, 07:45 PM

AMC Theaters Posts $202.1 Million Q1 Loss as Disney ESPN Viewership Grows and Fox Revenue Rises 27%

In the first quarter of 2025, AMC Theaters reported a net loss of $202.1 million, an increase from the $163.5 million loss in the same period last year, partly attributed to the underperformance of the live-action Snow White film, which earned approximately $200,000 from a domestic re-release in over 1,300 theaters. Disney's earnings reflected mixed results: its traditional television segment, including ABC and cable networks, saw a 13% revenue decline to $2.4 billion but managed a 2% rise in operating profit to $769 million due to programming cutbacks. Meanwhile, Disney's overall entertainment segment showed growth, with ESPN viewership increasing by 32% and Q2 adjusted earnings per share rising 20% year-over-year. Disney also announced plans for Disneyland Abu Dhabi, signaling global expansion. Fox reported strong quarterly results with revenues increasing 27% year-over-year to $4.37 billion, driven in part by a surge in ad sales around the Super Bowl and a 3% rise in affiliate fee revenue. However, Fox's net income declined to $354 million from $704 million in the prior year quarter.