Disney’s Inside Out gives boost to cinema operators like AMC

Disney’s (NYSE:DIS) new family animation has marked a return to form for the massive media conglomerate, with Pixar film ‘Inside Out 2’ setting a new box office record in its first weekend.
The movie took $295 million globally over its first three days of screenings, with $155 million banked in the US alone.
According to Disney, it is the best global debut for an animated film ever.
It comes after a series of recent Disney cinema releases – such as Wish and The Marvels - disappointed at the box office.
Not only is it a welcome boost for Disney’s cinematic division, its also good news for cinema operators ahead of the key summer holiday season.
AMC Entertainment (NYSE:AMC) shares traded close to 1% in Monday’s dealing, changing hands at $5.04 each.