AMC Empire 25
234 W. 42nd Street,
New York,
NY
10036
234 W. 42nd Street,
New York,
NY
10036
80 people
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This theatre opened on April 21, 2000, with the movies: U-571 (4 screens), Gossip (2 screens), Mission to Mars, Ready to Rumble, Pitch Black, Being John Malkovich, Beyond the Mat, Boiler Room, Drowning Mona, Family Tree, Ghost Dog, Price of Glory, Three Strikes, The Tigger Movie, Trois and 9th Gate in the regular screens. It also had some small screens at the top called “Top of the Empire.” Its opening movies include Cotton Mary, Me Myself & I, All About My Mother, Casablanca, The Ten Commandments, 42nd Street and Topsy Turvy.
looks like u have 2 show ur vax card starting the 16th
Dalian Wanda has cashed out its stock investment in AMC Theaters, so they’re no longer the majority shareholder and no longer in charge. That could be either good or bad news. AMC almost always lost money in recent history, but they ended 2020 with a $2.4 billion net loss and in the first quarter of 2021, they lost almost another $295 million. The last times they were profitable were 2018, 2016 and 2015.
There are real questions about their future, although I think the NYC theaters would survive no matter what. Not that Regal is in much better shape.
The real IMAX theatre for Tenet is AMC Lincoln Square IMAX Theatre, the only location that has 70MM IMAX.
In addition to Lincoln Square, this theater will also be showing Tenet in IMAX beginning on March 12
According to Governor Andrew Cuomo, movie theaters in the five boroughs of New York City can reopen on March 5th at 25% capacity, with no more than 50 people per screen. Details of the announcement here
Empire will stay open no matter what. Given its size and its location, even if AMC ceased operations nationally or just this location, another company would step in. I could see E-Walk closing because it’s so close to Empire. But that’s the main reason. While I think movie theaters will never go away, soon there will be be a lot less than it was just before the pandemic. In a smaller maket Enpire would be the one more likely to close, but in Manhattan, there’s still enough demand for 25 screens, but 38 might soon be too many.
@CorusFTW. This theatre will probably reopen. Pre-pandemic it was routinely the top grossing theatre in the country and regal across the street was similarly busy for 13 screens. I would expect both to reopen and survival would depend on how quickly people return to movies in general or the landlord.
Theatre rivalries are a bit common for America. Why is AMC keeping this massive 25 screen megaplex when it’s across from the smaller Regal E-Walk 13? After the pandemic eventually ends, which do you guys think would permanently close?
https://www.latimes.com/entertainment-arts/business/story/2021-01-25/amc-theatres-raising-cash-bankruptcy-covid
The CEO of AMC Entertainment discussed the grim future of movie theatres in a recent New York Times article viewable here
TL;DR
Come March it will be one year since this theater and many others in NYC and other affected areas of New York State were closed and still are due to the pandemic if the vaccine helps stop the spread of the virus and make it go away. AMC is in dire straits and is raising money to help starve off bankruptcy. 10 years ago AMC survived the recession that occured from that year until late 2002 and was taken private for the first time two years later by JPMorgan and Apollo until Wanda took over in 2012 and made AMC public again in 2015; since then its stock has trended downward.
If Cinemark takes over this and other struggling AMCs in Manhattan where they were closed and still are due to the pandemic, it will give Cinemark an edge in the area and put them into Manhattan for the first time. The regal across the street will still be a regal even after it reopens when conditions are safe.
Mike (saps), if you want to to italicize something, check this out:
https://www.wikihow.com/Italicize-Text-in-HTML
Steps 3-5 are all you need on CT to make it happen.
My takeaway from this is, I wonder how you italicize something…
The seat reduction is due to the digital Imax as well as the prime and dolby screens.
Please update, seating is about 4024 seats (this does include the seat reduction in 1, 8 and 18
This theater may not reopen by the middle of july due to the governor not allowing theaters and gyms to open during the next phase of recovery. Not only that but a few movies have been delayed due to what’s going on. On a lighter note, does anyone remember the Mars cafe? It was a sci-fi restaurant that was a bit like Planet Hollywood.
That McDonalds, which occupies the main floor of the Candler Building, was not there since 1984. Back in the 80’s that space would have encompasses a few storefronts between the Cine 42nd and the Harris Theatre. The McDonalds I remember from the 80’s was next to the Embassy I, on Seventh Ave. The 42nd St McD’s didn’t open until sometime in the 90’s – maybe even the early 2000’s – after the New Amsterdam and New Victory were reborn.
That McDonald’s on 42nd St. had such a nice flashy marquee, flashing lights and hoopla, I’ll be sorry to see it shut down
The McDonald’s restaurant that has been around since 1984 when the Empire theater was around is being closed today for good as it focuses on the newer location a few blocks from the original restaurant. As for the Empire 25, it may not reopen by the 15th given that cases nationally are on the rise.
even with the reduced seating it’s still AMC’s #1 theater in the US and worldwide.
walterk – thanks for the detailed info.
Cinemark said they can profitably operate at 30-35% capacity. Which begs the question, why do all chains charge so much?