Cinema chain AMC warns it may not survive the pandemic

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Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet

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AMC, the largest U.S. chain, said it has enough cash to reopen its theaters this summer as planned. But if it’s not allowed to reopen, it will need more money, which it may not be able to borrow. Film delays are another concern. AMC noted that people may be afraid to go to theaters, but hopes the desire for social distancing is temporary and that people will want to go to the movies again.

Cinemark on Wednesday said it’s taking a slew of measures to tempt back moviegoers as it reopens. Those include discounting and vigorous cleaning protocols for theaters, like disinfecting seats in the mornings and before each showtime. It will also require employees — but not customers — to wear masks and will stagger showtimes to thin out crowds.

 

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I'd rather pay $8 at the movies than $20 for VOD

Called that one. Movie theaters will follow buggy whip companies into the history books.

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Cinema chain AMC warns it may not survive the pandemicMovie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to... whoa. Maybe don't charge $8.50 for a small popcorn from now on Maybe they will stop charging $24 for a ticket
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AMC has 'substantial doubt' that it can survive coronavirus outbreak shutdownAMC, the largest movie theater chain in the world, said Wednesday that it has 'substantial doubt' that it can remain in business after shuttering all of its locations during the coronavirus pandemic. and yet the markets are flying!!!!! MOAR!!!! I have substantial doubt I will leave the theater without something stuck to my shoes!
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