Netflix, AMC Put Rivalry Aside, Cozy Up On 'KPop Demon Hunters', 'Stranger Things' And More

Benzinga

AMC and Netflix are easing past years of rivalry with new collaborations, including theatrical showings of Netflix’s “KPop Demon Hunters” sing-along and the “Stranger Things” finale. The partnership marks Netflix’s pivot toward audience reach over awards, with AMC hosting screenings at 300 theaters nationwide.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02AMC Entertainment Holdings and Netflix appear to be moving past years of tension,

00:06with new collaborations marking a shift in their relationship.

00:08The animated movie K-pop Demon Hunters will return to theaters in a sing-along version this weekend,

00:13marking its first showing at 300 AMC theaters, according to Variety.

00:16Netflix's sing-along release of K-pop Demon Hunters topped the domestic box office with about $18 million in August,

00:22without AMC participation.

00:24Companies are also teaming up to show the Stranger Things series finale in theaters on New Year's Eve and New Year's Day.

00:30Simultaneous streaming.

00:31Analyst Alicia Reese said Netflix's strategy is shifted from seeking awards consideration to maximizing audience reach.

00:38For all things money, visit Benzinga.com.

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