AMC Entertainment Raises $428M In New Capital From Sale Of 43M Shares

to give investors free popcorn and exclusive screenings.“Makes us rich and free popcorn. It doesn’t get any better,” one user posted.“This is huge! Apes love popcorn.

AMC Entertainment launched an unusual program today called Investor Connect to communicate directly with a mass of individual investors in the U.S. that now own more than 80% of its stock and have been steadily buoying it higher.

New Order and Pet Shop Boys have rescheduled their joint North American tour for the third time due to the coronavirus pandemic – this time with dates set for autumn 2022.The revised tour dates now include guest DJ Paul Oakenfold and take in an additional date at Brooklyn’s Barclays Center in New York.

documents filed with the Securities and Exchange Commission. “Given our scale, experience and commitment to innovation and excellence, AMC is being presented with highly attractive theatre acquisition opportunities,” AMC Entertainment CEO Adam Aron said in a statement.

Theater chain AMC Entertainment said early Tuesday it’s agreed to sell 8.5 million shares to Mudrick Capital Management, raising $230.5 million in cash that it will use for acquisitions.

raise $917 million just to survive the COVID-19 “winter,” as the company put it. That 13x increase on the year has accelerated in recent days, too, with AMC’s share price jumping 111% since the market closed last Thursday.

AMC Entertainment shares have more than doubled this week with a 45% surge — and still rising — on Thursday that catapulted the exhibitor past a $12 billion market capitalization. Retail traders on social media swore they’d keep buying, and not sell.

Ladyhawke has announced her new album ‘Time Flies’ and shared her latest single ‘Mixed Emotions’ – you can hear the track below.The follow-up to 2016’s ‘Wild Things’ will be released on October 8 via BMG.Ladyhawke has previewed the forthcoming new record today (May 27) with the track ‘Mixed Emotions’, which was co-written with Jono Sloan and Empire of The Sun‘s Nick Littlemore in LA.“Sloan had come up with a really cool bass groove which Nick and I riffed over to get the lyrics and melody,”

Gene Maddaus Senior Media WriterHarvey Weinstein is still fighting his extradition to Los Angeles to face rape and sexual assault charges, as his attorney filed a second motion on Monday claiming that the paperwork is out of order.A hearing on the motion was scheduled for June 15, meaning that Weinstein will remain at a maximum security prison near Buffalo, N.Y., at least until then.Weinstein last appeared in a court hearing on April 30.

SEC filing from Friday showed that Wanda sold its shares between May 13 and May 18 at around $14 a share, and AMC ended the week on Friday at a price of $12.09. In March, Chinese conglomerate Wanda said in an SEC filing that it had given up its majority stake in the theater chain AMC Entertainment, operating as AMC Theatres, bringing its ownership down to 9.8%.

added, “I can’t be bothered with people who view newspapers as businesses to be squeezed for profit, or as disposable investments.

AMC Entertainment’s onetime owner, China’s Dalian Wanda Group, has pretty much cashed out completely from the theater chain, revealing in an SEC filing Friday that it has pared its stake to a barely there 0.002%.

Rebecca Davis editorChina’s Dalian Wanda Group has dumped almost all of its remaining holdings in AMC Entertainment for $426 million, bringing its stake down to just 0.002%, according to a Friday regulatory filing.Since last Thursday, it has sold off 30.4 million of its AMC shares, leaving it now just 10,000 shares,The development marks the conglomerate’s latest move to shed overseas assets and retrench in China, a process begun in recent years after it came under scrutiny from Chinese

A major hedge fund with a reputation for aggressive cost cutting got the greenlight on Friday to acquire Tribune Publishing, the owner of big city dailies such as The Chicago Tribune, The Baltimore Sun, the Orlando Sentinel and The New York Daily News.

against cancel culture, insisting it is “disrespecting” audiences — and responsible for a rise in “unfunny” entertainment.The 56-year-old comedian told Power 105.1’s “The Breakfast Club” Monday that the real fear of getting canceled has made people become “safe.”“And when everyone gets safe and nobody tries anything, things get boring,” he told the New York station’s Angela Yee and DJ Envy.“I see a lot of unfunny comedians, I see unfunny TV shows, I see unfunny awards shows, I see unfunny movies

Robert De Niro has been sidelined by an injury while filming his latest movie, “Killers of the Flower Moon”.

Robert De Niro has been sidelined by an injury while filming his latest movie, “Killers of the Flower Moon”.

Rammstein‘s Till Lindemann has shared a new video for his solo single, ‘Lubimiy Gorod’ – watch it below.The song, sung entirely in Russian, was made for the film Devyatayev, which was released on April 29.Translated as “beloved town”, the orchestral piano-driven ballad was originally performed by Mark Bernes in 1939.Earlier this month it was revealed that Lindemann’s Live In Moscow concert film is coming to cinemas for one night only in most countries. In Germany and Austria, however, fans will