formerly Mad Cornish Projectionist.
Shares of AMC Entertainment Holdings rocketed on heavy volume, after a media report that the struggling movie theater chain had held buyout talks with Amazon, as AMC’s value has shrunk since the COVID-19 pandemic led to theater shutdowns world-wide. … Continued
Evolving technologies and consumer habits are changing the movie theater business amid the coronavirus pandemic, potentially giving new players a rare chance to enter the business through opportunistic M&A. Recent reports indicate that AMC Entertainment Holdings Inc. — beleaguered with … Continued
Cineworld, the world’s second largest cinema chain, has followed its rival AMC in banning Universal Studios films from its cinemas when they reopen, after the Hollywood film-maker released Trolls On Tour direct to streaming platforms. “There is a certain system … Continued
The world’s largest cinema chain, which owns Odeon Cinemas, has said it will refuse to screen any Universal Pictures films in a row over the future of theatrical releases. Its theatrical run was cancelled due to the coronavirus pandemic. Speaking … Continued
Despite its financial woes, AMC has released a statement saying the cinema chain isn’t even considering re-opening for business until the company knows that studios plan to release major blockbusters… Read more: https://www.darkhorizons.com/amc-lee-more-talk-cinema-re-openings/
World’s biggest movie chain enticed bond investors with 11% yield… Source: https://www.ft.com/content/