Global Box Office Drives AMC
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 5 April 2018
⏱️ 27 minutes
🧾️ Download transcript
Summary
Shares of AMC Entertainment rise on a new deal to open theaters in Saudi Arabia. Motley Fool Asset Management’s Bill Barker analyzes the global box office landscape. Plus, we discuss JM Smucker’s deal to buy Ainsworth Pet Nutrition, the coffee industry’s fight in California, and more. (Tangents include the Pillsbury Doughboy, the health benefits of coffee, and the curious case of Larry Williams.)
Transcript
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| 0:00.0 | Support from Market Fullry comes from Turbo Tax Live, new from TurboTax. |
| 0:05.0 | Now you can get a personal review of your tax return with the CPA or EA right on your screen. |
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| 0:15.9 | you file with confidence. Go to TurboTax Live.com slash Fool. |
| 0:21.6 | All right, let's do this. |
| 0:25.0 | It's Thursday, April 5th. |
| 0:27.0 | Welcome to Market Foolery. |
| 0:28.0 | I'm Chris Hill joining me in studio today from Motley Foolle Asset Management, Bill Barker. |
| 0:33.4 | Thanks for being here. |
| 0:34.6 | Thanks for having me. |
| 0:35.4 | We're finally going to get to the issue that a few of the dozens of listeners have been |
| 0:41.2 | asking specifically for you and I to weigh in on and that is of course |
| 0:45.8 | the decision by a judge in California to besmirch the good name of coffee and |
| 0:51.9 | we'll get to that we'll get to that. |
| 0:53.3 | We will get to that. |
| 0:54.7 | But we've got a couple of deals to start with first and let's start with the movie industry. |
| 0:59.2 | AMC Entertainment shares up a little bit this morning after AMC announced a deal to open 40 movie |
| 1:06.5 | theaters in Saudi Arabia over the next five years. |
| 1:11.0 | Maybe the most noteworthy thing about this is the fact that a new theater has not been by anyone |
| 1:16.9 | has not been opened in Saudi Arabia in 35 years. |
| 1:21.3 | So good news for movie fans in Saudi Arabia, but this really seems like |
| 1:28.0 | AMC entertainment is playing into the global trend that we're seeing of movie theaters outside North America growing. |
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