Fourth-generation movie theater operator says chain is months from bankruptcy

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B&B Theatres, the sixth largest cinema chain in the U.S., says it’s a few months away from bankruptcy.
Without new content or financial aid from the government the family-owned business may not survive the pandemic. The National Association of Theatre Owners estimates that if revenue declines continue, 69% of small and midsized cinema companies would be forced to file for bankruptcy or close permanently.

 

Source: https://www.cnbc.com/