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AMC Touts ‘Stranger Things’ Success As Netflix’s Bid To Own Warner Bros Worries Theater Owners

  • On New Year's Eve, the Stranger Things finale began theatrical play at 5PM EST and generated between $25 million to $28 million in concession revenue that movie theaters kept.
  • Theaters and Netflix used concession vouchers because cast contractual residuals barred ticket sales, so exhibitors required mandatory food-and-beverage vouchers and the Duffer Brothers announced 1.1 million vouchers were sold earlier this week.
  • Across more than 620 locations, AMC Theatres played the finale at 231 theaters, charging $20 vouchers like Cinemark Theatres while Regal Cinemas charged $11; one chain reported over 753,000 viewers and more than $15 million in two days.
  • The run gave theaters a holiday boost amid a weak year, delivering a timely lift for exhibitors as 2025 U.S. and Canada box-office revenue was expected to reach $8.87 billion.
  • Netflix has advocated a 17-day window while exhibitors such as AMC press for around 45 days, and Netflix Co-CEO Ted Sarandos said `we are 100% committed to releasing Warner Bros. films in theaters with industry-standard windows.
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The series, which was consolidated as a cultural phenomenon since its premiere, came to an end after five seasons with a final chapter of two hours.

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arcamax.com broke the news in on Friday, January 2, 2026.
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