Sometimes 2019 seems so far away. Walt Disney (NYSE: DIS) had all six of the country's highest-grossing films that year. It was still a challenging period for AMC Entertainment Holdings (NYSE: AMC) and its smaller rival exhibitors, though. Despite Disney kicking in the final theatrical entry in its Star Wars franchise and the climax of the Avengers saga, U.S. box office receipts declined by nearly 5% that year.
Things were about to get a lot worse for both businesses. Investors will be quick to point out that this story has a happy ending. Disney stock hit an all-time high last month. AMC shares touched their highest levels in more than two years back in January. However, which one would be better to make your next stock purchase? Let's take a closer look at how these two once seemingly inseparable blockbuster partners are now doing their own things to survive if not thrive in the new normal.
Image source: Disney.
Source Fool.com