AMC Offers Private Movie Theater Rentals Starting at $99

Two legendary TV stars are now a couple after falling in love while in quarantine!

Jill Goldsmith Co-Business EditorAMC CEO Adam Aron channeled Winston Churchill Monday, comparing the exhibition industry’s last stand against COVID-19 (and Chapter 11) to the U.K.’s fight for survival during World War II.Wall Street analysts on a conference call were too polite to bring up the word bankruptcy directly, nor did Aron.

Dave McNary Film ReporterEmbattled cinema chain AMC Entertainment Holdings is raising $47.7 million in cash to stay open, according to a Securities and Exchange Commission filing published Monday.Shares of the company were down 3.4% to $2.28 in trading Monday.

Dade Hayes Finance EditorAMC Entertainment plans to sell 20 million of its Class A shares, netting $47.7 million, as it contends with ongoing shutdowns of many of its movie theaters and a withdrawal of studio films from the 2020 release calendar.COVID-19 hampered the release of Tenet in August and aside from less-expensive, targeted titles, wide releases have shifted to either later release dates or streaming debuts.The company disclosed the move in an SEC filing Monday.

Yahoo Finance. On Monday morning, AMC reported adjusted EPS of $1.32 per share on $654 million in revenue.Overall, revenues dipped 9% from the comparable quarter in 2019.

What will the film industry look like in 10 years? Hell, what will it look like next year? No one really has any idea what to expect after everything settles down and the pandemic is in our rearview mirror. However, according to Brian Grazer and Ron Howard, one thing is for sure, there will be lasting effects, particularly with how feature films are released.

Nick Nairn has vowed to help out the pandemic’s needy by laying on free meals. The TV star will cook complimentary grub at his Nick’s on Henderson Street restaurant for those struggling neighbours in Bridge of Allan, Stirlingshire.

Kendrick Sampson, the actor and activist co-founder of the social justice group BLD PWR, has been an active voice this year in local L.A. politics, including co-leading a weekly protest at the offices of Los Angeles County District Attorney Jackie Lacey over her handling of police killings of civilians.

temporarily shut down in mid-March amid the pandemic.

Jill Goldsmith Co-Business EditorNew York state on Monday published its reopening guidelines for movie theaters, which Gov. Andrew Cuomo has allowed to open (except in New York City and a handful of counties) on Friday for the first time since March.The guidelines don’t hold many surprises for operators that have already set up stringent CinemaSafe protocols developed by NATO with exhibitors and health experts.

AMC Theatres is doing something pretty cool so that people can feel completely safe while watching movies at the theater!

Mercedes Schlapp, the senior advisor to Donald Trump‘s presidential campaign, attempted to insult Joe Biden on Twitter during the two candidates’ dueling town halls by comparing him to beloved TV star Fred Rogers. That failed brilliantly, of course. Schlapp was treated with ridicule after tweeting that tuning into Biden’s town hall event “feels like I am watching an episode of Mister Rogers Neighborhood.” There’s one thing Twitter wanted to know: why in the world is that a bad thing?

Dade Hayes Finance EditorDonna Langley, chairman of Universal Filmed Entertainment Group, and Ann Sarnoff, chair and CEO of Warner Bros had the same reaction Thursday when asked if their companies had any interest in buying movie theaters.They laughed.“We have no plans to do that currently,” Langley said, appearing with Sarnoff and CBS CEO George Cheeks on a Milken Institute Global Conference virtual panel about COVID-19’s impact on Hollywood.

The other day, AMC Theatres released an SEC filing that basically said the company is going to run out of cash by the end of 2020 or early 2021 if the box office doesn’t improve over the next few months. And guess what? With “Soul” moving to Disney+, “Coming 2 America” heading to Amazon, and the major studio offerings for the next couple of months reduced to about four films (for now), things aren’t looking great for theater owners.

Get the stories that interest you straight to your inbox every day with our personalised newsletterAn Irvine harbourside cafe is serving up FREE tea and hot chocolate for two weeks to aid Ayrshire’s mental health services.GRO Coffee began its free nightly tea and hot chocolate giveaway on Monday and it’s set to run until Sunday, October 25, after patrons reached out with a ‘heartbreaking’ plea.Owner Gordon Rennie told the Irvine Herald: “We’re always seeking ways to give back to our community

Just last week, after the surprise shutdown of Cineworld (and thus, Regal Cinemas locations) in the US and UK, AMC Theatres came out and told everyone that things should be just fine and the world’s largest cinema chain had no plans to shut down its theaters. Well, it appears that the CEO might have been speaking a bit too optimistically, as new statements from AMC point to a company on the verge of collapse.

“The required amounts of additional liquidity are expected to be material,” the company added. Since mid-March, the pandemic has squeezed the theater industry. After months of forced closures due to the pandemic, AMC and its rivals reopened their doors again this summer.

Sony Pictures Classics has released the trailer for its upcoming fantasy feature,Nine Days. The trailer introduces Winston Duke as Will, a reclusive man who spends his days in a remote outpost watching live Point of View on televisions of people living their lives until a vacancy for a new life on earth becomes available.

back in August that theaters would soon be up and running, still has not made good on his word, even as indoor dining, gyms and other businesses have started to reopen.Many movie theaters have had it, according to The Hollywood Reporter.“We are owed an answer. We’ve answered every question.