By Anthony D'Alessandro
AMC Theatres Bankruptcy Likely, Analysts Say
09.04.2020 - 19:21 / variety.com
AMC Theatres — whose business has effectively shut down because of the coronavirus pandemic — looks increasingly likely to file for bankruptcy with its cash reserves dwindling, according to Wall Street analysts.
In a report Thursday, MKM Partners analyst Eric Handler wrote, “Based on our view that theatres will be closed until at least August and our belief that AMC lacks the liquidity to stay afloat until that time, we expect the company will soon be faced with filing for bankruptcy.” He
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variety.com
29.04.2020 / 02:59
AMC Theatres Refusing to Play Universal Movies in Wake of ‘Trolls World Tour’ Dispute
By Dave McNary
justjared.com
24.04.2020 / 21:43
AMC Gives a Timeline for Reopening of Movie Theatres
A rep for AMC Theatres has spoken out to provide a timeline on when the company will be reopening movie theatres across the country.
variety.com
23.04.2020 / 01:53
AMC Theatres Sued by Florida Landlord for Not Paying Rent
By Gene Maddaus
variety.com
21.04.2020 / 22:59
AMC Networks Names Robyn DeMarco Senior VP of Programming Strategy, Acquisitions, Scheduling
By Joe Otterson
hollywoodreporter.com
17.04.2020 / 18:11
Amid Cash Crunch, AMC Theatres Plans to Raise $500 Million in Private Offering
Cash-strapped exhibitor AMC Entertainment on Thursday said it will raise $500 million in new debt to bolster its balance sheet liquidity. "AMC intends to use the net proceeds from this offering for general corporate purposes, including further increasing AMC’s liquidity," the cinema chain said in a statement about the senior notes due in 2025 to be offered via a private offering.
variety.com
17.04.2020 / 03:53
Troubled AMC Theatres Plans to Raise $500 Million in Private Offering
By Dave McNary
hollywoodreporter.com
15.04.2020 / 23:41
Will China's Wanda Group Bail Out AMC Theatres?
The emerging narrative on Wall Street about AMC Theatres, North America's largest cinema circuit, is that the company may be on the brink of bankruptcy amid the coronavirus pandemic. The theater chain's hefty debt load is trading at highly distressed levels, and analysts have sounded the alarm that "AMC has minimal liquidity options to make it through" the virus crisis, recommending investors sell off stock before the exhibition giant files for Chapter 11 protection.
deadline.com
15.04.2020 / 12:05
China’s Wanda Calls AMC Bankruptcy Speculation “Pure Rumors”
By Nancy Tartaglione
variety.com
15.04.2020 / 10:33
China’s Wanda Dismisses AMC Theaters Bankruptcy ‘Rumors’
By Patrick Frater
variety.com
14.04.2020 / 21:45
Can AMC Theatres Afford to File for Bankruptcy During the Coronavirus Pandemic?
AMC Theatres looked likely to file for bankruptcy last week, a grim but impending reality that was only exacerbated by the coronavirus pandemic causing the entire movie business to shut down.
hollywoodreporter.com
13.04.2020 / 22:23
AMC Theatres Downgraded Over "Minimal Liquidity Options" as Stock Tumbles
With Wall Street judging a Chapter 11 bankruptcy filing for AMC Theatres increasingly likely, B. Riley FBR analyst Eric Wold on Monday recommended investors sell off stock in the exhibition giant.
deadline.com
08.04.2020 / 04:09
AMC Theatres Bankruptcy Rumors Grow, But That Move Wouldn’t Be The End Of The Chain Or The Biz
By Anthony D'Alessandro, Jill Goldsmith
variety.com
03.04.2020 / 21:03
AMC Networks Offers Free Programming Amid Coronavirus Pandemic
By Joe Otterson
thegavoice.com
02.04.2020 / 20:11
Alliance Theatre’s ‘Naked Mole Rat Gets Dressed’ Available for Streaming
If you’re bored at home and in need of some at-home entertainment, Alliance Theatre has extended streaming of the family-friendly musical Naked Mole Rat Gets Dressed.
variety.com
02.04.2020 / 14:27
AMC’s British Programming Focused Streamer Acorn TV to Launch in U.K. This Month
Acorn TV, AMC Network’s British programming focused streamer, is to launch in the U.K. at the end of the month.
