AMC Theatres Future In Doubt

AMC Theatres is casting doubt on whether it will survive the effects of the coronavirus on the chain’s business. In the fist quarter of this year, AMC projects losses of over $2 billion. While states and local governments are loosening restrictions that may allow for theaters to reopen gradually, the halt in production by many studios, resulting in release delays, may further impact the bottom line.

Photo from PhillyVoice.com

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