According to the New York Times, the company is in talks to sell ownership to Wanda Group, one of China’s largest theatre owners.
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AMC Theaters are renting out their screens to parties of 20 or fewer guests
AMC Theaters is losing money. Part of their solution to that problem is to rent out its theaters, including AMC Hanes 12 at 1501 Hanes Mall Blvd. For $99, you ...
AMC Theatres Warns Investors of Possible Bankruptcy
AMC laid out a grim but not unlikely scenario that may be coming in the not-too-distant future. RELATED: AMC Theatres Stock Jumps 22% with New York Reopening Locations This Friday "In the event ...
AMC Races To Raise Cash As Time Runs Short For Theater Giant
Movie theater giant AMC Entertainment is scrambling to raise cash by issuing shares, as it warns that its efforts to right its sinking finances may fall short.
AMC Plans to Sell 15 Million Shares, Warns Investors of Potential Bankruptcy
The beleaguered AMC Theatres chain has warned it may have to file for Chapter 11 bankruptcy if it cannot obtain additional sources of liquidity. The company made the disclosure Tuesday in a filing wit ...
AMC Theatres Expects 91% Decline in Q3 Revenue
AMC Entertainment unveiled some unaudited Q3 2020 financials on Tuesday morning, when the company said it expects a revenue decline of 91% from last year. Year-to-date, the revenue decline is -73%.
You can rent an AMC theater for a private screening for just $99, even in San Antonio
Starting at $99, plus tax, you can host a private screening party at an AMC theater, even in San Antonio. The entertainment company is boasting that you can make one of its auditoriums yours and ...
You can now rent a private AMC theater for as low as $99
AMC Theatres joins a handful of cinemas letting customers rent out auditoriums for private screenings — a growing trend due to the COVID-19 pandemic. AMC allows rentals of up to 20 people. According ...
AMC Theatres: Exhibitor may file for bankruptcy after stalled reopening
On the heels of announcing that they may run out of cash by the end of 2020, those in the know on Wall Street think that the nation's largest ...
AMC Entertainment May File For Bankruptcy For Real As Reopening Stalls
Exhibition shares took a beating Tuesday as AMC Entertainment announced its cash might be gone by year end and Walt Disney became the latest big content company to restructure operations around ...
AMC Theatres Credit Rating Downgraded Again by S&P Global, With Default Imminent
Not a 3-Day Opening' As of August 31 AMC said it had a cash balance of $507.9 million, including $37.5 million in proceeds from the sale of its Baltics theaters. The theater chain has also ...
AMC Entertainment May Hit Up European Investors for Cash
AMC Entertainment (NYSE: AMC) stock is down a stunning 67% over the past year. The movie theater industry has not ... Of course, a sale of the assets would also mean losing some of those nice ...
AMC Entertainment Holdings, Inc. Announces the Signing of a Definitive Agreement to Sell Its Baltic Region Theatre Locations for Approximately $77 Million
--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE:AMC), today announced that it has signed a definitive agreement to sell nine theatre locations ... half of the sale proceeds on signing ...