AMC Theatres Bankruptcy Rumors Grow, But That Move Wouldn’t Be The End Of The Chain Or The Biz

Kim Jong-un, who has been the Supreme Leader of North Korea since 2011, has reportedly died at the age of 36.

By Gene Maddaus

B.

By Rebecca Davis

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.

Big Thief have shared a new collection of demos. Demos Vol. 1 - Topanga Canyon, CA - Feb 2018 features five songs, including three that have never been released and two that appeared on Adrianne Lenker’s 2018 album abysskiss. The sessions eventually led to the albums U.F.O.F. and Two Hands.

By Dave McNary

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.

By Nancy Tartaglione

By Patrick Frater

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.

By Dino-Ray Ramos

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.

Ricky Gervais has demanded governments around the world close the wildlife “wet markets” where the coronavirus is believed to have first infected humans.

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.