Word is that the No. 1 exhibitor is close to absorbing the leases for the multiplexes at Caruso Properties’ The Grove in Los Angeles and Americana in Glendale, CA. These were previously secured by, which is part of Arclight. Word had been brewing in recent weeks that AMC had outbid others for those locations and the beans got spilled earlier Tuesday on social media when The Grove and Americana began showing up on AMC’s website as locations. They’ve since been scrubbed.
about the Forman family pulling the plug on their Arclight Cinemas and Pacific Theatres’ for good, including the iconic landmark Dome.
$AMC power move. bullish.
💎🤲
BiancaShane14 Oh yeah baby!! $60 Share I'll wait till we own ALL the Cinemas and become Debt FREE !!! I anet Selling !!! SaveAMCPoorGeoffry
they're putting more fire on gasoline 💎🙌 SEC_NEWS sec_enforcement NakedShorts NakedShorting AMCAPES amcshortsqueeze AMC AMCSqueeze AMCtothemoon AMCWeLoveTheStock AMC500k AMCARMY AMC100K CEOAdam matt_kohrs TradesTrey realMeetKevin TaraBull808
Hell yeah! This is dope! Love these theaters sad they were affected 😏
Hopefully they fix it up. American theatre is a dump
I love The Grove. I have so many memories working and going to the theater there.
Whatever AMC is soaking up here in town reportedly doesn’t include the Hollywood Arclight and the Cinerama Dome, which several sources tell us the Forman family will hang onto
I'm so glad I bought stock in $AMC to help them save the Arclight theaters!
CEOAdam close the deal daddy.
Hell yeah buy them all up AMCArmy. Corner the Market
americanamemes
Hoping to hear about some Arclight locations as well
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AMC Theatres Nears Deal to Operate Prime L.A. Pacific Cinema LocationsAMC Theatres is nearing a deal to take over the operation of two high-profile Los Angeles-theaters located in prime outdoor shopping malls, The Grove in West Hollywood and The Americana in Glendale… That's a lot of prime exhibition space & effectively a monopoly on Hollywood-area multiplexes. Might inject some stimulus into the industry short-term, but all the more reason for indie theater rescue legislation. 💎💎💎🚀🚀🚀🌕🌕🌕 And it looks like the former Arclight Dome is still a dead fish.
Source: THR - 🏆 411. / 53 Read more »
AMC short sellers lost $488 mln after Monday's rally - OrtexInvestors shorting 'meme stock' AMC Entertainment (AMC.N) are estimated to have lost about $488 million on Monday after a rally that sent the cinema operator's shares up more than 15%, data from financial analytics firm Ortex showed.
Source: Reuters - 🏆 2. / 97 Read more »
AMC shares surge over 15% on #AMCDay as meme traders aim to push movie chain’s shares back above $60What is AMCDay? AMCDay appears to be a trend that was launched a month ago but was gaining traction on Monday. It was the third-most popular trend on Twitter on Monday, presumably helping give a fresh catalyst to the popular meme stock. BizdealsCurry Nope we just like the stock AMCDAY You guys are trying so hard...lol. How does it feel to fail the hedge funds and not have your FUD taken seriously. Welcome to the world we call reality. I give you credit though...your verbage is well written, it's just not credible anymore. Blame your puppetmasters. 🤷♂️
Source: MarketWatch - 🏆 3. / 97 Read more »
AMC Theatres Nears Deal to Operate Prime L.A. Pacific Cinema LocationsAMC Theatres is nearing a deal to take over the operation of two high-profile Los Angeles-theaters located in prime outdoor shopping malls, The Grove in West Hollywood and The Americana in Glendale… That's a lot of prime exhibition space & effectively a monopoly on Hollywood-area multiplexes. Might inject some stimulus into the industry short-term, but all the more reason for indie theater rescue legislation. 💎💎💎🚀🚀🚀🌕🌕🌕 And it looks like the former Arclight Dome is still a dead fish.
Source: THR - 🏆 411. / 53 Read more »
Collins says new infrastructure offer won't include gas tax hikeSen. Susan Collins says there won’t be any gas tax hike or any undoing of former President Donald Trump’s signature 2017 tax bill in the infrastructural proposal she and a small bipartisan group of lawmakers are developing Sure. And I'm skinny What did we do to Maine? Such a waste of space.
Source: politico - 🏆 381. / 59 Read more »