Tag: Amazon

Is There a Possibility Amazon is going to buy AMC Entertainment?

Amazon to buy AMC - Amazon AMC
Jeff Bezos – CEO of Amazon (AMZN)

For months now investors have been curious whether Amazon is going to buy AMC Entertainment or not.

The topic resurfaced in 2021 when investors speculated ways AMC stock’s share price could surge.

Today AMC is up more than 29% this week.

The company recently held their Q4 earnings call and announced their cryptocurrency news.

So, is there a possibility Amazon is going to buy AMC Entertainment in 2022?

And does the century old movie theatre chain even need an acquisition?

Let’s discuss it.

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Welcome to Franknez.com – don’t forget to join the newsletter for more market news and updates. Today we’re discussing the possible Amazon acquisition of AMC theatres.

Let’s dive right into it!

If you’re new to the blog, welcome! My name is Frank Nez and I publish daily content to keep you up to date on what you want to know.

Reach out in the comment section at the end of the article or via social media if you have any questions or inquiries for me.

If you are a returning visitor thank you for sticking around.

Let’s get started.

Amazon and AMC rumors

Amazon AMC Prime

There has been a number of Amazon and AMC rumors going as far back as 2020 an even 2018.

The rumor was that AMC and Odeon (UK) were in the talks about an Amazon and AMC takeover.

It was then made unclear whether discussions were active during the possibility of an Amazon and AMC buyout.

Amazon has considered getting into the theatrical movie business before; they were reportedly one of the potential buyers for the arthouse chain of Landmark Theaters, which were sold in 2018 to Cohen Media Group. Bloomberg.

So, Amazon’s interest in acquiring AMC has certainly been there.

The talks about a possible AMC merge were happening during the pandemic when the movie theatre chain was forced to close its doors to the public.

Sources said if there was an agreement there would be no merge between Amazon and AMC.

Amazon would buy AMC directly.

However, two years later and Amazon has not acquired AMC yet.

But does the theatre chain even need an acquisition today?

Let’s talk a little bit more about it.

Does AMC need Amazon to acquire it?

AMC Entertainment Theatres
AMC Entertainment Theatres

AMC no longer needs to be acquired by Amazon nor any other company.

The movie theatre chain showed promising progress and growth every quarter of 2021.

The company released its Q4 earnings report for 2021 and boast a whopping $1.8 billion in revenue that quarter alone.

CEO and President of AMC Entertainment, Adam Aron, said they expect 2022 earnings to double.

Although Amazon and AMC could innovate as a merge or buyout, the company managed to escape bankruptcy in 2021 and no longer requires an escape plan.

While the stock may still be heavily shorted, a merge with the tech giant could force short sellers to step down.

This would greatly benefit shareholders of AMC Entertainment Holdings, Inc.

In fact, Amazon just acquired MGM Movie Studios in a $8.5 billion deal earlier in March.

Is there a possibility Amazon is going to buy AMC in 2022?

Amazon Smile Logo

Although possible, it’s highly unlikely as AMC theatres’ CEO Adam Aron has paved a positive road for the movie theatre chain’s recovery.

This recovery could provide Amazon with an incentive to buy AMC as it no longer faces its mountain debt nor limited attendance.

AMC Entertainment has gone to innovate in several ways.

You can now buy movie tickets online using cryptocurrencies such as Bitcoin, Shiba Inu Coin, and Dogecoin (one of Elon Musk’s favorite).

The company is also initiating its AMC Perfectly Popcorn Brand to increase its revenue streams.

The team is welcoming former Frito-Lay executive Ellen Copaken to lead the project.

Something else AMC is doing that no other business has done is introduce NFTs to the market.

Although still relatively new, this innovation has already created a phenomenon and it’s here to stay.

So, whether Amazon and AMC come to a buyout agreement this year or not, the century old movie theatre chain doesn’t seem to need it.

At least not where it stands today.

I’m curious to hear your thoughts about a possible Amazon and AMC merge.

Leave a comment below.

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Read: AMC Theatres: The most anticipated movies coming in 2022


7 Easy Ways Millennials Can Start Earning More Money

7 easy ways millennials can start earning more money

Millennials are always looking for ways to live their best lives possible. Well what better way to start then by earning more money. We all know in order to make this happen we must put in the work and take the opportunities that present themselves to us.

If you’ve become financially stuck and are looking for ways to increase your income then you’ve come to the right place. Subscribe to our newsletter to be notified when new posts are published. Here are 7 easy ways millennials can start earning more money.

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Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started!

#1. Earn More Money With Food Delivering Services

Earn more money with food delivering services
Earn more money on the side with food delivering services!

Food delivering services have become more and more popular due to customer demand and convenience.

Services such as DoorDash, GrubHub, Postmates, & Uber Eats are going to stay for a long time. Signing up is easy and delivering food is even easier.

Compensation varies between all companies so be sure to choose the right fit for you. You will need:

  • To be at least 18 years of age
  • Have a valid drivers license
  • Have valid car insurance
  • And have access to a smart phone
DoorDash, GrubHub, Postmates, Uber Eats, Make Money
  1. Doordash: approx. $13.92 per hour
  2. Grubhub: approx. $12 per hour
  3. Postmates: approx. up to $1,000 per week (delivering more than food)
  4. Uber Eats: approx. $8-$12 per hour

Millennials can earn more money by side hustling with food delivering services. What makes food delivering services such a great side hustle is that you can work when it’s most convenient for you as well.

It’s not uncommon for people to earn anywhere from $15-$25 per hour delivering food if you make the time for it. Not bad for an extra money, huh?

#2. Offer Ridesharing Services On The Side

Provide value by helping people safely reach their destinations through the use of ridesharing services.

Make more money with uber and lyft rideshare services
Earn money with ridesharing services

More than 2 million people are earning more money by driving for a rideshare service such as Uber and Lyft. And more than 103 million people use these services.

Like food delivering services, ridesharing also allows you to work at your convenience. Flexible hours make this service an attractive side hustle choice for millennials to earn more money.

Frank Nez How To Get Clients To Pay You When They're Past Due

Requirements

  • Must meet the minimum age requirement to drive in your city
  • Depending on your state, you must have at least one year of licensed driving experience if you’re over 23, and three years of experience if you’re under.
  • Clean driving record
  • You must be listed on the auto insurance to the vehicle being used
  • Must have a smart phone
  • Minimum of 4 door passenger car

#3. Open Your Own eCommerce Store

Earn more money on the side by opening your own eCommerce store. Sell goods online through Amazon or eBay.

Make money with eCommerce Stores Amazon and eBay

Selling goods online is easier than you think. Listing on eBay and Amazon is a simple process that doesn’t require more than 10 minutes to set up.

People are selling anything from:

  • Vintage Cards
  • Apparel
  • Games & Electronics
  • Books
  • Furniture and appliances
  • Literally ANYTHING and everything

If you have wholesale connection, you can sell items below retail price but above your costs to make profit.

Often times you don’t see the items you’re drop shipping. If you can ship them directly to the customer it makes the experience that more passive.

eCommerce is now being used in rural Asia villages providing people with opportunity and a new means of generating money.

Read: 5 Ways to Earn Leveraged Income: Start Now

#4. Write As A Freelancer

Freelancer

Start earning more money by writing as a freelancer. Large blogs are always looking for new writers to help produce content.

Freelancers are earning $15-$74 per hour!

Most blogs pay per post or excerpt which makes it a great way to earn money on the side without hindering your day to day job.

Freelancing also allows you to work during your free time which makes it a great side hustle for people who value flexibility.

If you would much rather work for yourself then I suggest starting your own blog.

#5. Make More Money Tutoring Online

Fiverr is a platform from which you can tutor people from all around the world straight from your computer.

Make more money with Fiverr!

People on Fiverr are making more money from home than ever before through the use of webcam communication.

Make money with fiverr
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This form of generating money from home has become very popular as you can offer more than just tutoring. People are also offer digital marketing services, video and animation tutorials, graphic designs, and so much more!

How Does It Work?

  • Create a gig – Sign up for free, set up your Gig, and offer your work to Fiverr’s global audience.
  • Deliver Great Work – Get notified when you get an order and use Fiverr’s system to discuss details with customers.
  • Get Paid – Get paid on time, every time. Payment is transferred to you upon order completion.

One thing all these side hustles have in common is how flexible they are. If you’re looking to earn more money outside your job then Fiverr could be a great option to go online.

#6. Recycle At The End Of Every Month

earn extra money by recycling

It seems most people have overlooked this option but millennials can earn more money by recycling at the end of every month.

Yeah it’s a little messy and can be quite annoying but it can earn you anywhere from $30-$50 a month depending on how much you recycle. That’s enough to pay for gas or a few monthly subscriptions such as your Spotify and Netflix accounts.

Recycling is a great way to not only give back to your community but for you to earn money back on your purchases.

#7. Sell Organic Foods From Home

This is another side hustle that most people miss.

If you have access to organic foods from your garden, harvest and sell them in batches! Earn more money on the side by selling lemons, oranges, avocados, and just about anything your garden can produce.

You can join your communities or cities Facebook group and notify people of what you have to offer. Selling will be easier by keeping it local.

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Leave a comment below!

Let me know below if you’re making more money using any of the side hustles listed above. Don’t forget to subscribe to the newsletter to be reminded when a new post is published!

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