CinemaCon: AMC Pulls Advance Ticket Sales for 'Iron Man 3'
The giant exhibitor, along with Regal Entertainment, has yet to reach a new agreement with Disney for the studio's lineup of films.
LAS VEGAS -- Giant theater circuit AMC Entertainment has pulled advance ticket sales for Iron Man 3 because of ongoing negotiations with Disney over new terms proposed by the studio.
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Regal Entertainment, the country's largest circuit, also hasn't struck a new deal with Disney -- which hasn't revisited terms since it acquired Pixar and Marvel, home of Iron Man 3. The threequel, returning with Robert Downey Jr. in the title role, is set to open May 3.
AMC is the country's second-largest theater circuit.
Insiders say they expect all sides to come to an agreement in the next few days. The talks are taking place in Las Vegas, where exhibitors and studios are gathered together this week for CinemaCon, the annual convention of theater owners.
"This will get worked out. And while advance tickets sales are great, everyone is going to find this movie," said one insider. "This is not a boycott."
Disney's high-profile summer slate also includes Monsters University (June 21), The Lone Ranger (July 3) and Planes (Aug. 9).