AMC Theatres Boss Adam Aron Hopes Moviegoers “Will Be Enjoying Summer Movie Season Again”

By Greg Evans

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

Chinese online ticketing service Maoyan Entertainment released a report Tuesday suggesting that moviegoers in the Middle Kingdom are growing more and more eager to return to cinemas after nearly three months of coronavirus-forced closures.

Numerous furloughed workers at Hollywood's iconic TCL Chinese Theatre and adjoining multiplex were terminated on Wednesday amid the ongoing coronavirus pandemic, which has led to unprecedented cinema closures across the U.S. The historic movie palace, along with six smaller adjacent auditoriums, have been shut for business since March 16.

© Getty HOLLYWOOD, CALIFORNIA - MARCH 28: Adam Brody and Leighton Meester arrive at Warner Bros. Pictures and New Line Cinema's world premiere of 'SHAZAM!' at TCL Chinese Theatre on March 28, 2019 in Hollywood, California. (Photo by Morgan Lieberman/FilmMagic) Leighton Meester and Adam Brody's household is growing!

Chinese president Xi Jinping indicated that cinemas should remain shut while on a tour to Zhejiang province that otherwise signaled Beijing’s desire to get its economy back on track post-coronavirus, state media said on Wednesday.

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The movie theaters in China are once again closing amid the global crisis.

By Tom Grater

By Dino-Ray Ramos

Awkwafina is the latest celebrity to come forward and condemn the appalling term “Chinese Virus.” The Oceans 8 actress, 31, took to Instagram on March 24 to tell her fans that she was in quarantine after traveling and working outside the United States. Posting a photo of herself wearing a face mask, Awkwafina wrote a passionate and lengthy statement about the “cruelty” she’s seen as a result of such racist rhetoric.

By Nancy Tartaglione

As the coronavirus pandemic has become essentially contained in China, the country is trying to get back to normal. To boost its movie theatres industry, the country is all set to re-release Marvel's Avengers films in theatres. According to a report by The Hollywood Reporter, the films will hit the movie screens in the next few days or weeks. Some other films which will be released in the theatres are Avatar, Inception, and Interstellar.

By Nancy Tartaglione

Agents of SHIELD star Chloe Bennet has spoken out against anti-Asian racism amid the global coronavirus (COVID-19) pandemic, after US president Donald Trump referred to the illness as the "Chinese virus" in a recent press conference.