AMC's Adam Aron Backs Paramount–Warner Bros. Discovery Merger: "Should Be Welcomed and Celebrated"

The CEO of the world's largest cinema chain has thrown his weight behind the proposed Paramount–Warner Bros. Discovery merger.
Adam Aron, who leads AMC Entertainment — parent of AMC Theatres in the United States and Odeon Cinemas in Europe, together the largest movie-theatre operator on the planet — used a guest column in Variety on 29 July 2026 to argue that the combination "should be welcomed and celebrated" and is "a step forward," not something to fear (Variety).
His endorsement lands from a position of commercial strength. AMC reported its highest-ever quarterly revenues and its largest-ever quarterly Adjusted EBITDA — a measure of operating profitability before interest, taxes, and certain non-cash charges — in the second quarter of 2026, which Aron called the most successful quarter in the company's 106-year history (Variety). Since 2020, AMC has invested more than $1 billion in its theatre fleet: premium screens, laser projection, upgraded seating, sound systems, and food-and-beverage offerings (Variety).
The merger has already cleared its regulatory hurdles in the United States, with competition authorities giving the deal their approval (Variety). Aron had first voiced his support publicly on the final day of CinemaCon 2026, the annual convention of theatre owners held in Las Vegas in April (Variety).
Not everyone in the exhibition business shares his view. Michael O'Leary, chief of Cinema United — the trade body representing theatre owners — publicly blasted the proposed merger in his own comments reported the same day (Variety). The split between the head of the largest chain and the head of the industry's trade group underscores the real fault line: a combined Paramount–Warner Bros. Discovery would control an enormous film library and production slate, and exhibitors are divided on whether consolidation among studios is good or bad for the screens that depend on their output.
Aron's column is the clearest statement yet from the exhibition side in favour. He is not alone in the broader industry: the Blair Partnership, the agency representing the Harry Potter franchise, signalled its own support for the merger in May 2026 (Variety).
For cinema-goers, the stakes are straightforward. A merged studio would decide which films get made, how many screens they open on, and how long they hold those screens before moving to streaming. Aron's argument is that a stronger, combined studio will produce more films and give theatres more to show. O'Leary's counter is that fewer, bigger studios mean less competition for screen time and weaker terms for independent exhibitors.
Neither side gets the final word. The regulators have spoken in the United States; the market will render its own verdict at the box office.


