

Dune 3 demand was so strong AMC traffic hit ~3x the Spider-Man ticket launch
AMC share overhang update: Pentwater reported position drops sharply
Pentwater and Discovery were two of the funds that ended up with big AMC positions through the debt/exchangeable-note deals. Those positions have been a potential overhang because the funds could eventually sell shares into the market.
Previous → Latest reported beneficial ownership
Pentwater: 63.64M → 2.25M
Change: -61.39M
Discovery: 55.51M → 51.80M
Change: -3.71M
The latest 13G/A filings were filed August 14 and show ownership as of June 30.
Pentwater’s reported position has dropped sharply, while Discovery still holds most of its previously reported position. Either way, it looks like a meaningful part of the potential AMC share overhang has already been reduced.
The theatrical comeback continues: 2026 is now looking like a $10.5B year, 2027 could be even bigger, and 2028 is shaping up to be an absolute monster.
Matt Stoller now thinks there’s a 60% chance the Paramount–Warner deal falls apart. If he’s right and it fails, what do you think happens next for Warner and the theatrical business?
theankler.comCan FOMO actually influence a movie’s box office? This article got me thinking. Is FOMO a real driver of ticket sales, or is it simply another term for strong word of mouth?
theankler.com2026 already has three billion-dollar movies. If The Odyssey, Spider-Man: Brand New Day, and Avengers: Doomsday get there, it would finish with six—second only to 2019. Dune: Part Three, Jumanji, and The Hunger Games: Sunrise on the Reaping could push the total even higher.
Billion-Dollar Movies by Release Year
2017: 4
2018: 5
2019: 9
2020: 0
2021: 1
2022: 3
2023: 2
2024: 3
2025: 3
2026: 3 (so far)
Potential 2026 Final:
Already:
• The Super Mario Galaxy Movie
• Michael
• Toy Story 5
Likely:
• The Odyssey
• Spider-Man: Brand New Day
• Avengers: Doomsday
Possible:
• Dune: Part Three
• Jumanji
• The Hunger Games: Sunrise on the Reaping