Coyote’s crew! Greg Tarzan Davis played one of the standout recruits in Top Gun: Maverick, and he had the sweetest time filming the action sequel with his A-List group of costars.
22.12.2022 - 17:35 / deadline.com
Shares in top exhibitor AMC Entertainment fell 25% ahead of today’s market opening after the company said it plans to pursue a reverse stock split and has raised $110 million from the sale of “APE” shares.
The often-volatile shares, which rode a meme-trading wave up to almost $60 in 2021 despite major disruptions to theatrical moviegoing, have recently been trading in the $5 range. They fell below $4 before the opening bell, their lowest point since the depths of the pandemic in 2020.
The company packed several news items into a press release. It said its board of directors will convene a special meeting for holders of both AMC common shares and APE units, with votes tallied together. On the agenda will be a proposal to increase the authorized number of AMC common shares to permit the conversion of APE units into AMC common shares and another plan to initiate a reverse-split of AMC common shares at a 1:10 ratio. A final proposal going before shareholders is one to “adjust authorized ordinary share capital” in such a way that the company could issue additional common equity as it currently can with APEs.
CEO Adam Aron said the moves are intended to “simplify our capital structure” and achieve more parity between AMC common shares and APEs. Reverse splits reduce the total amount of shares outstanding and are typically done by companies looking to avoid delisting or improve their standing with investors.
Another headline in the release was AMC’s disclosure that it will raise $110 million of new equity capital through the sale of the recently introduced “APE” preferred equity units to Antara Capital. The two tranches will have a weighted average price of 66 cents a share. APEs, which the company introduced earlier this
Coyote’s crew! Greg Tarzan Davis played one of the standout recruits in Top Gun: Maverick, and he had the sweetest time filming the action sequel with his A-List group of costars.
Austin Butler opened up to The Hollywood Reporter about the painful experience of losing his mother, Lori, in his early 20s during the publication's Actor Roundtable discussion published on Tuesday. The former Disney channel star, 31, admitted that he had started filming a project shortly after his mother's passing, which was caused by a battle with cancer, and that he would 'cry every night.' The Elvis actor, who has received a Golden Globe nomination for his portrayal of the King of Rock n' Roll, also credited his mother for supporting him in his career, stating, 'I owe her for everything.' Opening up: Austin Butler, 31, recently opened up abo this mother's passing during an interview for The Hollywood Reporter's Actor Roundtable published on Tuesday; seen earlier this month in Palm Springs During the roundtable interview, Austin was joined by other talented actors, such as Brendan Fraser and Colin Farrell, both also nominated for Golden Globes. The Carrie Diaries actor expressed that he first began acting when he, 'stumbled into extra work,' adding that he had been, 'an incredibly shy kid.' He explained that his mother, Lori, had seen his passion for acting early on. 'My mom saw that in me, and I owe her for everything because she quit her job and drove me to auditions and took me to acting classes.
Damar Hamlin is headed home to Buffalo!
Hailey Bieber is getting real about her mental health after going through some health scares last year.
After Hailey Bieber (née Baldwin) suffered a small blood clot in her brain, she’s admittedly been terrified about the potential of similar conditions arising.
In Palm Springs they do it all a little differently. At least that is the impression you might have gotten if you attended last night’s 34th Annual International Film Awards gala which kicked off the Desert Film Festival, back in action for the first time since January of 2020, just weeks before Covid would shut everything down. However the bejeweled and upper crust of Palm Springs society were gathered again at the massive Palm Springs Convention Center to celebrate a select group of stars who not so coincidentally all happen to be among the most buzzed of Oscar contenders. With a red carpet that doesn’t stop at the front doors, but actually continues all the way through the huge lobby and then into the actual ballroom itself, this event was, and by the looks of it, a must stop on the way to the Dolby in March.
Not giving up on love. Shakira shared a message that made it clear that she’s heading into 2023 with a positive outlook.
Stacey Solomon, 33, was delighted to announce she was expecting a new "pickle" - her affectionate term for a child - but fans were left questioning whether her Loose Women co-star Coleen Nolan felt the same way after she appeared not to congratulate her on the ITV show. However, she has now taken to Twitter to clarify exactly what happened."To everyone who has tweeted in wondering why it wasn’t mentioned on today’s @loosewomen it’s because the episodes between Christmas and New Year were pre-recorded," she revealed.Meanwhile, she declared that she "couldn't be happier for you both" in a nod to Stacey and her husband Joe Swash's happy news."Another pickle already?!" she joked, adding: "The Cottage is going to need an extension at this rate!"But seriously, massive congratulations @StaceySolomon & @realjoeswash.""But seriously, massive congratulations @StaceySolomon & @realjoeswash."Fans had previously set social media alight with speculation over the reason why Stacey's announcement was omitted from the show, but Coleen's explanation has now made it clear there are no negative vibes between the pair.The new arrival will be Stacey's fifth child, and her third with ex-Eastenders star Joe, following their marriage earlier in the year.She had earlier taken to Instagram, where she has more than five million followers, to share how ecstatic she feels."So grateful and can not believe I'm saying this...
AMC Entertainment has rejiggered is board, announcing the election of two new directors and one who is exiting.
Soft launch! Teddi Wright has returned to social media after a brief hiatus — and is teasing a new relationship.
Instagram yesterday to remember her late mother Carrie Fisher, who died in 2016 following a cardiac arrest on a transatlantic flight.The American Horror Story star marked the six-year anniversary of Carrie’s death with a sweet picture of the two of them when she was a little girl. In view of her 1.5 million Instagram followers, Billie opened up about the mixture of “grief” and “joy” she was feeling after giving birth to her second child after her mother’s death.The actress shares two-year-old son Kingston and new-born daughter Jackson with her husband Austen Rydell.Her mother Carrie was a film icon, notably starring as Princess Leia in the original Star Wars film franchise.Tragically, Lourd's grandmother and Carrie’s mother Debbie Reynolds died of a stroke just one day after her daughter’s death.“It has been 6 years since my Momby died (feels like 2 but also like 705 at the same time?),” Billie wrote beside the picture with her mother.“And unlike most other years since she’s died, this year, these past two weeks have been some of the most joyful of my life. “Giving birth to my daughter and watching my son meet her have been two of the most magical moments I have ever experienced. “But with the magic of life tends to come the reality of grief,” the actress continued. “My mom is not here to meet either of them and isn’t here to experience any of the magic. “Sometimes the magical moments can also be the hardest.That’s the thing about grief. “I wish my Momby were here, but she isn’t,” she added. “So all I can do is hold onto the magic harder, hug my kids a little tighter. “Tell them a story about her.Share her favourite things with them.Tell them how much she would have loved them. “For anyone out there experiencing the
Saying goodbye. Christine Brown will no longer be traveling to Arizona following her split from Kody Brown.
Adam Aron said today he’s asked the theater chain’s board of directors to freeze his compensation for 2023 given the decline in AMC stock.
It can be hard to get the right present for everyone on Christmas, and even when you do there's no guarantee you will be the only one gifting that exact present to a loved one.
Thom Bell, who helped to create the soul songs style that became known in the 1960s and 1970s as “The Sound of Philadelphia,” died Thursday in Bellingham, Washington. He was 79 and no cause of death was given.
THE Traitors viewers have branded one of the finalists 'fake' after a telltale moment in the closing minutes of the final. Fans of the gripping BBC show felt Traitor Wilf was being false when he burst into tears and said he was "so happy" for the faithfuls - even though they banished him and he left with nothing. Wilf was exposed after the last-standing Faithfuls smelt a rat after Traitor Kieran have them a "parting gift" by voting for Wilf before he was banished.
On the mend. Joanna Gaines revealed she had surgery following a past injury.
AMC Entertainment said it held talks with lenders about potentially acquiring theaters from the portfolio of bankrupt rival Cineworld, which owns Regal Cinemas.
Sylvester Stallone listed his four-bedroom home in Hidden Hills, California, located in the same gated community as Kylie Jenner, Kim Kardashian, Drake, Will Smith and more A-list stars.Following his move to a $35 million waterfront estate in Palm Beach, Florida, the 76-year-old actor is hoping to sell the mansion for $22.5 million, which is $4.3 million more than he paid for it in March. Though smaller than his 13,241 square-foot residence in The Sunshine State, the stunning abode 'includes a guesthouse, pool, an orchard, a pool house, an ivy-covered loggia, a horse barn, and a riding arena,' according to Architectural Digest. Bye HH! Sylvester Stallone listed his four-bedroom home in Hidden Hills, California, located in the same gated community as Kylie Jenner, Kim Kardashian, Drake, Will Smith and more A-list stars Offloading: Following his move to a $35 million waterfront estate in Palm Beach, Florida, the 76-year-old actor is hoping to sell the mansion for $22.5 million, which is $4.3 million more than he paid for it in March (pictured with wife Jennifer Flavin in October)Other amenities include beautiful mountain views, a home theater, private gym and chef's kitchen. In addition to an enviable master bedroom, featuring two dual walk-in closets and private balcony, the residence also has a koi pond and vegetable garden, complete with 'over 100 citrus and avocado trees' on its grounds, according to TMZ. Under a past owner’s tenancy, AD noted that designer Martyn Lawrence Bullard helped remodel the main house.
It’s clear that Christian Bale is the type of actor who loves to collaborate with specific filmmakers multiple times over his career. He’s done that with Adam McKay, David O.