Movie Theaters Near Me: AMC Plans to Close More Locations as Attendance Falls and Shares Slide

Movie Theaters Near Me: AMC Plans to Close More Locations as Attendance Falls and Shares Slide

AMC Theatres plans to close more locations as it continues to grapple with a sluggish post-pandemic box office, company executives warned this week. The announcement, delivered on the company's Tuesday earnings call, matters to anyone searching for movie theaters near me because dozens of sites are under review and closures are expected to outpace openings.

Why AMC is moving to close more theaters

Executives said attendance dropped nearly 10 percent in the final quarter of 2025 compared to the same period the year before. The report prompted AMC shares to drop to a multi-year low of $1. 16 on Monday. Leadership framed the strategy as a response to underperforming sites and a need to concentrate resources where profitability is strongest.

Where closures may hit — Massachusetts on the list

AMC has shuttered 213 locations over the past five years and now operates about 850 locations. At least 10 of those locations are in Massachusetts: Boston, Braintree, Burlington, Danvers, Dorchester, Framingham, Methuen, North Dartmouth, Somerville and Tyngsboro. Executives said they plan to close more locations, though the company has not revealed which specific sites will be shuttered.

Leases, renewals and the 85-theater review

Chief Financial Officer Sean Goodman said leases at around 85 locations are up for renewal this year. Executives will analyze those locations to determine whether it makes the most financial sense to renew them or walk away and shutter any given location. "We will continue to take actions to close theaters, to reduce leases as we go forward, " Goodman said, framing the renewal window as a key decision point for planned reductions.

Openings and strategy: 25 new theaters and the Grove example

AMC has not only closed venues in recent years; it has opened 25 new ones. That mix, executives said, reflects a desire to focus on the most profitable opportunities. CEO Adam Aron pointed to the AMC location at The Grove in Los Angeles as an example. That theater was previously operated by the financially-strained Pacific Theatres. That company did not reopen the location after the pandemic; AMC stepped in, bought it and reopened it in 2021. Aron highlighted a dramatic box-office turnaround for that location, which moved from No. 28 in the county to No. 5 in the country after AMC's intervention.

What movie theaters near me searches should expect

For consumers searching for movie theaters near me, the immediate implications are local and practical: some familiar theaters may be evaluated for closure as leases come up, while other locations may receive investment if they show higher profitability. The company has not released a list of planned closures, so uncertainty remains high for specific sites. Recent actions and comments from leadership indicate closures will continue to outnumber new openings in the near term.

Outlook and next steps

Executives characterized the shift as ongoing portfolio management rather than a one-time round of cuts. With attendance trends, lease renewals and selective new openings all in play, the chain is repositioning to concentrate on higher-performing theaters. Details about which locations will be closed are unclear in the provided context, and further announcements from the company are likely to clarify timelines and impacted theaters.