AMC Theatres, the world's largest movie theater owner, has announced that it is planning to reopen its roughly 1,000 theaters around the world next month
The chain, which closed all its locations March 17 because of the coronavirus pandemic, said in its first quarter earnings report Tuesday that it expects"to be fully open globally in July."That includes reopening theaters in the United States and the United Kingdom. AMC did not provide specific dates for the reopenings.
AMC Theatres has 'substantial doubt' it can remain in business"These are truly unprecedented times," Adam Aron, AMC's CEO, said in a statement."After starting the year with two solid months of revenue growth compared to last year, in mid-March we were forced to pivot the entire company to respond to the effects of the pandemic.
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 Discloses $2.17 Billion Quarterly Loss Amid Pandemic ClosureThe movie theater chain, which expects to be 'fully open globally' by July as it reopens, risks not surviving the coronavirus pandemic over high debt and liquidity concerns.
Read more »
Oil futures point higher Sunday night after OPEC+ extends output cuts to JulyCrude-oil futures were volatile in electronic trade Sunday night after OPEC and allied nations agreed Saturday to extend a production cut of nearly 10...
Read more »
Oil climbs over 2% after OPEC+ extends output cuts to end-JulyOil prices rose more than 2% early on Monday to their highest in three months after OPEC and its allies including Russia agreed to extend record oil production cuts until the end of July.
Read more »
Studios Focus On Union Safety Guidelines Negotiations As They Cautiously Eye July Pre-Production RestartCalifornia Gov. Gavin Newsom on Friday released the long-awaited guidelines for restarting film and TV production amid the ongoing pandemic, allowing filming in the state to resume on June 12. Whil…
Read more »
AP Exclusive: The Dalai Lama to release 1st album in JulyNEW YORK (AP) — Stressed out while working at a bank in New Zealand, Junelle Kunin began searching for music paired with teachings from the Dalai Lama to calm herself down and allow herself to...
Read more »
I Must Regretfully Decline Your Invitation To Appear In Court On July 28'Be assured that I was grateful for the warm tidings offered by you, the Wapello County Sheriff's Department, and please know I am fully aware of your overflowing social calendar.'
Read more »