AMC Entertainment Set To Close Debt Exchange, Restructuring Amid Industry Uncertainty

Jill Goldsmith Co-Business EditorAMC Entertainment said it will charge 15 cents a ticket when it reopens theaters at more than 100 locations on August 20, celebrating the chain’s 100th anniversary.For a “Centennial Celebration, all AMC U.S.

straight to your inboxBayern Munich have put a dent in any plans that Manchester City may have to try and sign David Alaba this summer. Alaba, who worked with Pep Guardiola during his time at Bayern, has been mentioned as a potential City target due to his experience and ability to play at centre-back and left-back.

Gene Maddaus Senior Media WriterWith the release calendar in tatters, and hopes vanishing for a nationwide reopening any time soon, the movie theater industry is increasingly looking to Congress for billions in aid.The industry has put its energy in recent weeks into lobbying for the “RESTART Act,” which would extend hundreds of billions of dollars in loans for businesses that have been hit hard by the COVID-19 pandemic.“It would be a lifeline for us,” said Bobbie Bagby, executive vice

Brent Lang Executive Editor of Film and MediaAMC Entertainment lost $561.2 million during a quarter where the world’s largest exhibitor’s cinemas were closed to moviegoers and virtually its entire staff was laid off or furloughed. Revenues at the company topped out at $18.9 million, a 98% plunge from the year-ago period.

Jill Goldsmith Co-Business EditorAMC Entertainment saw revenue plunge to $18.9 billion for the second quarter ended from in June from $1.5 billion the year before as it swung to the red, no surprise for the nation’s – and world’s — largest theater chain, that saw most locations shuttered completely for the entire three months.The company posted a net loss of $561 million from a profit of $49 million the year before.“It should be no surprise to anyone that with our operations shut the world over,

Another quarantine baby is on the way! Chelsea Houska. 28, and Cole DeBoer, 32, both shared the exciting news that she’s expecting on Wednesday, August 5. “One more DeBoer! Coming early 2021,” she wrote on Instagram next to a photo of all of their names on the wall (Chelsea, Cole and their children Aubree, Watson and Layne) with their 4th child added at the bottom. Aww! Her hunky husband shared the same pic with a very cute caption. “The Grand Finale! (We Think ) Baby #4.”

Jill Goldsmith Co-Business EditorAMC Entertainment announced Monday it’s officially concluded a complex, and controversial, restructuring of approximately $2.6 billion of its debt that included an exchange and fresh capital raise.The news came as iyd new distribution deal with Universal Pictures continues to roil the industry.Holders of more than 87% of senior subordinated notes participated in an exchange into new notes, and all of bondholder Silver Lake’s convertible notes were also

straight to your inboxManchester United will have to pay a massive £80million if they want to sign Jack Grealish this summer, according to reports.Ole Gunnar Solskjaer is aiming to improve his squad this summer to build upon their third place finish next season and would ideally like to bring in a winger, centre-midfielder and playmaker.M.E.N.

straight to your inboxManchester United are having to consider different transfer plans ahead of the window opening on Monday, with their Champions League fate to be decided on the final day.If United can secure a draw at Leicester City on Sunday they will return to the Champions League, which could mean an extra £70million in revenue for next season.But a second successive season outside of Europe's elite could force the club into changing their plans, with the summer already fraught with

Dominic Patten Senior Editor, Legal & TV CriticEXCLUSIVE: Back in 1987, Star Trek: The Next Generation debuted and next year will see a further expansion of the Gene Roddenberry franchise for a new generation, literally.Set to premiere in 2021 on Nickelodeon, the kids orientated CG-animated series will be called Star Trek: Prodigy I can reveal. Here, as Comic-Con@Home really kicks into gear, is also a first look at the logo for show:

Shappi Khorsandi has said her experience of I’m A Celebrity...

3-1 loss to Frank Lampard's side and saw their hopes of winning the competition dashed by Olivier Giroud and Mason Mount strikes coupled with a Harry Maguire own goal. Only a Fernandes penalty late on offered Ole Gunnar Solskjaer's men any consolation and they will now focus on their top four battle.

Ole Gunnar Solskjaer's changes and tactical tweaks backfiring against Frank Lampard's side.

straight to your inboxOle Gunnar Solskjaer has warned David de Gea he has to arrest his slump in form if he is to remain the Manchester United number one beyond this season after another mistake.De Gea was culpable for Olivier Giroud's opener in Chelsea's 3-1 FA Cup semi-final stroll but committed an especially egregious error when he let in a speculative Mason Mount shot through his hands shortly after the restart.

United's 3-1 defeat to Frank Lampard's side at Wembley. But United are hopeful that Bailly will recover quickly after the manager confirmed that he had to be checked over by hospital staff.

straight to your inbox Manchester United goalkeeper David de Gea came in for criticism for his role in Chelsea's second goal in the FA Cup semi-final. De Gea has made a number of high-profile errors this season and he did not cover himself in glory for any of Chelsea's three goals, but his mistake for Chelsea's second goal was the worst of the lot.