AMC Theatres Reportedly Could Go Bankrupt But Will Likely Survive The Pandemic
Published on Apr 08, 2020
The financial future of the world’s largest theater chain, AMC Theatres, doesn’t look great. Thanks to the Covid-19 pandemic, the film exhibition chain has been forced to shut down all of its locations, furlough thousands of workers (including its CEO), and quite possibly will run out of cash by summertime. But fear not, film fans! It appears that AMC Theatres might be knocked down, but the chain isn’t necessarily knocked out.
Read More: S&p Global Says AMC Theatres Could Run Out Of Money By Mid-Summer If Cinemas Remain Closed
According to Deadline, the reports that AMC Theatres is likely going to run out of money by the summer are likely true.
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Author: Charles Barfield