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AMC Entertainment Turns Corner: Sales Surge, Losses Narrow

Kansas-based AMC Entertainment Holdings reported substantially improved financials for Q2 2025, reducing losses by 150 percent year-over-year to $4.7 million from $32.8 million from the same period a year prior. The world’s largest theater chain reported a 26 percent attendance increase during the period. CEO Adam Aron attributed the strong showing to an industrywide box office recovery that produced strengthened results across AMC Theatres in the U.S. and Odeon Cinemas in Europe. Total revenue of $1.4 billion marked a 35 percent improvement compared to Q2 2024, and EBITDA (earnings before interest, taxes, depreciation, and amortization) grew a stunning 150 percent to $189 million. Read more

AMC Networks: Streaming Revenue Growth, Drop in Ad Sales

AMC Networks increased streaming revenue by 12 percent to $169 million in Q2 despite an 18 percent dip in U.S. ad sales. The company — whose portfolio of streaming platforms includes AMC+, Sundance Now, Acorn TV, Shudder, HIDIVE and ALLBLK — added 200,000 new subs in the April through June period, ending the quarter with a total of 10.4 million, a 2 percent increase. AMC said it now calculates streaming subscribers on the basis of paid signups. Ongoing challenges in the U.S. cable and satellite TV markets that berth the bulk of its business continue to drag on the balance sheet. AMC’s cable and satellite brands include AMC, BBC America, IFC, IFC Films, SundanceTV and WE tv. Read more

OpenAI Announces Launch of GPT-5 Model Across All Tiers

OpenAI is rolling a new foundation model, GPT-5, via API for developers and enterprise users in three branded sizes — gpt-5, gpt-5-mini and gpt-5-nano — “to give developers more flexibility to trade off performance, cost, and latency.” The company said Thursday that it is also making GPT‑5 available to all ChatGPT Plus, Pro, Team and Free tier users. Enterprise and Education tier users are promised access this week. While GPT‑5 in the API platform is the reasoning model that powers maximum performance in ChatGPT, “GPT‑5 in ChatGPT is a system of reasoning, non-reasoning, and router models,” OpenAI explains. Read more

Anthropic Seeks to Raise $5 Billion, Debuts Claude Opus 4.1

Anthropic has released Claude Opus 4.1, an upgrade to Opus 4 that reportedly improves on agentic tasks, computer coding and reasoning. Pricing has not increased from what customers were paying for Opus 4, and the company promises “substantially larger improvements to our models in the coming weeks.” The move comes as Anthropic nears a new funding round targeting $3 to $5 billion, which could place a valuation of up to $170 billion on the startup. Recurring revenue hit $5 billion as of late July, which could increase to $9 billion by the end of the year. Claude Opus 4.1 was released two days before OpenAI unleashed GPT-5, and performs comparably in coding benchmarks. Read more

WhatsApp Deletes Scam Accounts and Adds Safety Features

Meta Platforms has launched a war against scammers who have infiltrated its popular messaging service WhatsApp, reportedly taking down more than 6.8 million accounts on the platform and adding features to help people identify fraudulent schemes in group and individual chats. Meta claims the scams go far beyond WhatsApp, involving crime syndicates linked to known fraud communities around the world. These criminal scam centers commonly use forced labor to target people across multiple apps, commonly disrupting WhatsApp, the mobile SMS tree that underpins private text messaging, as well as users of ChatGPT, TikTok, Telegram and blockchain. Read more

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