5 Reasons AMC Made a Deal With Universal

Last month, AMC Entertainment (NYSE: AMC) inked a new deal with Comcast's (NASDAQ: CMCSA) Universal Studios, marking a drastic change of course for the theater owner. The new distribution agreement allows Universal to take its films to premium video on demand (PVOD) home distribution channels just 17 days after their theatrical debut. During AMC's second-quarter earnings call, CEO Adam Aron discussed why the company made the deal with Universal and its hopes to ink similar deals with other studios.