Singer Taylor Swift will be celebrating the release of her 12th studio album, The Life of a Showgirl, in movie theatres. Indeed, TAYLOR SWIFT | THE OFFICIAL RELEASE PARTY OF A SHOWGIRL will run from Friday, October 3, through Sunday, October 5, at AMC Theatres (AMC) and many other cinemas around the globe, according to an AMC press release. The 89-minute feature will show the world premiere of her new music video, The Fate of Ophelia, as well as personal reflections on the songs, behind-the-scenes footage, and fresh lyric videos.
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In addition, AMC Theatres Distribution is managing the release by teaming up with Variance Films in the U.S. and Canada, along with Piece of Magic Entertainment for international markets. The event will debut in more than 100 countries, including Canada, Mexico, the U.K., France, Germany, Australia, and South Africa, with tickets in 18 of those nations going on sale September 23. Additional countries will join later in October.
In the U.S., ticket prices are set at AMC’s standard $12 plus tax, with extra charges for premium formats. AMC also promises that in its theatres, the event will begin right at the scheduled time, without any trailers or ads. It is worth noting that this is Swift’s second major project with AMC Theatres Distribution after the record-breaking TAYLOR SWIFT | THE ERAS TOUR film, which earned more than $261 million worldwide and became the highest-grossing concert movie ever.
Is AMC Stock a Good Buy?
Turning to Wall Street, analysts have a Hold consensus rating on AMC stock based on one Buy, five Holds, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average AMC price target of $3.40 per share implies 14.1% upside potential.
