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Boxoffice - October 2018

The Official Magazine of the National Association of Theatre Owners

The Official Magazine of the National Association of Theatre Owners

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LEVERAGING INNOVATION<br />

b r o u g h t t o y o u b y<br />

Interview by Matthew<br />

Bakal, Co-Founder,<br />

Atom Tickets<br />

Interview with<br />

Stephen Colanero,<br />

Executive Vice President<br />

& Chief Marketing Officer,<br />

AMC Theatres<br />

In this column, Atom Tickets features conversations with executives and influencers in the cinema<br />

industry, sharing insights into how the latest technologies and innovations are transforming the<br />

moviegoing experience. In this edition, Atom Tickets Executive Chairman & Co-Founder Matthew<br />

Bakal talks to AMC Chief Marketing Officer Stephen Colanero to learn how the world’s largest<br />

exhibition circuit focuses on digital innovation to enhance the moviegoing experience.<br />

STEPHEN COLANERO<br />

<strong>2018</strong> has<br />

been a great<br />

year for AMC<br />

Theatres. In<br />

what ways has<br />

the moviegoing<br />

experience<br />

been enhanced<br />

at your circuit?<br />

How have the<br />

changes been<br />

received?<br />

About a<br />

decade ago,<br />

AMC shifted<br />

its focus to the<br />

future, which<br />

meant putting a<br />

heavy emphasis<br />

on what gets<br />

moviegoers<br />

excited about<br />

coming to our<br />

movie theatres. The AMC Signature Recliner renovations<br />

helped revolutionize the industry, with<br />

more than one-third of the AMC circuit now<br />

offering these incredibly comfortable and popular<br />

recliners in at least one auditorium. Our food<br />

and drink offerings have considerably widened<br />

through the introduction of our expanded menu<br />

with AMC Feature Fare, as well as our MacGuffins<br />

adult-beverage concept, which has expanded<br />

from fewer than 10 in 2010 to nearly 300 today.<br />

AMC has more IMAX screens than anyone in<br />

the world, and our Dolby Cinema at AMC experience<br />

is available in 115 locations nationwide.<br />

We vastly improved our website, added a mobile<br />

app, and enhanced our online ticketing process<br />

through not only our own platforms but through<br />

our great partnerships, like Atom Tickets. And<br />

most recently we launched AMC Stubs A-List,<br />

which allows AMC moviegoers to see three<br />

movies a week in any format for one monthly<br />

price. A-List is a huge hit with moviegoers, as<br />

sign-ups continue to grow at a much faster rate<br />

than our initial expectations. In fact, we recently<br />

announced that A-List members can obtain their<br />

tickets through Atom Tickets. All these areas<br />

touch a different part of the overall moviegoing<br />

experience, but what they all have in common<br />

is a focus on and commitment to providing the<br />

best possible guest experience, and the response<br />

from moviegoers has not only helped AMC, it’s<br />

helped lead the entire industry.<br />

It was recently mentioned that online ticketing<br />

represents 40 percent of tickets sold at AMC.<br />

What do you think is driving that growth?<br />

We’re living on our phones now. Everyone and<br />

everything is mobile, and the expectation is that<br />

everything must be accessible and convenient.<br />

The rise in online ticketing, especially the last five<br />

to 10 years, really mirrors the rise in online retail<br />

growth. People can go online and order just about<br />

anything, and because it’s so prevalent, it is only<br />

natural that has occurred in this business as well.<br />

Specific to this industry, the increase in reserved<br />

seating and AMC Signature Recliners has played<br />

a big part in the rise of online ticketing. It’s much<br />

more common and convenient now for moviegoers<br />

to not just check the time of the movie, but check<br />

how many seats are left, which seats are left, and,<br />

while they’re there checking, make that decision to<br />

purchase tickets. Online ticketing is a huge convenience<br />

and we’re happy to continue to make that<br />

process as easy as possible for our guests.<br />

90 BOXOFFICE ® OCTOBER <strong>2018</strong>

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