Fathom, the company behind classic films at your local theater, is making major gains in moviegoing

Published by Sarah Whitten - CNBC on Jul 02, 2024 11:53 AM

  • At a time when the box office is starved for content and audiences seem pickier than ever, Fathom Events is posting record revenue gains.
  • The joint venture between AMC, Regal and Cinemark has been best known for bringing alternative content to the big screen in the form of classic Hollywood titles, live telecasts of theater and opera productions and concerts.
  • Its value proposition is twofold: It breathes new life into older films, and into theaters.