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AMC First to Offer Stored-Value Cards to Moviegoers; AMC Entertainment Cards Launched in Time for the Holiday Gift Season.


Business/Entertainment Editors

KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo.--(BUSINESS WIRE)--Oct. 8, 2002

Available Now at AMC Theatres This article or section has multiple issues:
* Its tone or style may not be appropriate for Wikipedia.
* It reads like an advertisement and needs to be rewritten in a neutral point of view.
 and Soon At Select

Supermarkets Across the Country

Giving the Gift of Entertainment Just Got Easier

AMC (Advanced Mezzanine Card) See AdvancedTCA.  Entertainment Inc. (AMEX AMEX

See: American Stock Exchange
:AEN AEN Address Enable
AEN America's Emergency Network
AEN Australian Energy News (magazine)
AEN Agenzia per l'Energia Nucleare (Italian: Nuclear Energy Agency; OCSE)
AEN Administrative Exception Note
), the pioneer of the megaplex theatre and MovieWatcher, the leading moviegoer mov·ie·go·er  
n.
One who goes to see movies.



movie·going adj.
 rewards program, has introduced another first -- a stored-value gift card that is easier to buy and use than traditional movie gift certificates. The AMC Entertainment Card is available now at AMC Theatres throughout the U.S. and will soon be available at more than 1,400 supermarkets around the country.

The stored-value gift card concept has become popular at many retail stores across the country, but this is the first time it's been introduced nationally in theatres. Like a debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , it has an assigned dollar value and can be used to purchase tickets at the ticket counter and automated box offices, as well as concessions throughout the theatre. The AMC Entertainment Card currently is offered in $15, $25, and $50 increments and replaces traditional gift certificates and packages.

"People love the gift of moviegoing, especially at AMC's industry-leading theatres," says Peter C. Brown, AMC chairman and chief executive officer. "Now AMC is the first to put stored-value technology to work for movie fans around the country. The new cards are easier to carry, they last longer, and -- most important -- you can get them where you shop, or at your nearest AMC Theatre."

Brown believes the new AMC Entertainment Card will have a wide appeal beyond the traditional holiday gift. The Card is perfect for parents who want to give their kids safe and affordable entertainment; business associates looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 sure-fire client and employee gifts; movie fans who travel frequently and moviegoers who don't like bothering with cash.

Supermarkets that will be offering the Card beginning November 15 include selected Safeway stores throughout the U.S., as well as select Dominick's stores in Chicago, Vons and Pavillions stores in Southern California, Randalls and Tom Thumb stores in Texas, and Genuardi's stores in Philadelphia. AMC expects to announce additional retail partners in the coming months.

The debut of the AMC Entertainment Card coincides with the start of the busiest season for gift certificate sales. About half of all gift certificate sales occur between October and late December. Movie gift certificates also are highly popular for graduations, birthdays, and Father's Day and Mother's Day.

AMC Entertainment Inc. is a leader in the theatrical exhibition industry. Through its circuit of AMC Theatres, the company operates 242 theatres with 3,500 screens in the United States, Canada, France, Hong Kong, Japan, Portugal, Spain, Sweden, and the United Kingdom. Its common stock trades on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 under the symbol AEN. The Company, headquartered in Kansas City, Mo., has a Web site at www.amctheatres.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 8, 2002
Words:470
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