The theater giant is launching Leawood Films, a distribution company that will put indie movies in theaters that might otherwise be overlooked.

Adam Aron, the CEO of the world's largest movie theater chain, saw his pay at AMC rise nearly 30 percent year-over-year.

The exhibition giant saw its net loss grow as overall revenue jumped 14 percent to $1.59 billion during the second quarter.

The exhibitor is also postponing its foray into the live concert business given the box office rebound.