[email protected] event with panels for “The Walking Dead,” “Fear the Walking Dead,” “The Walking Dead: World Beyond” and “NOS4A2.”[email protected] will take place July 23-26 as substitute for annual pop culture event.
03.06.2020 - 17:45 / thewrap.com
Due to the coronavirus pandemic, AMC Entertainment lost between $2.1 billion and $2.4 billion in the first quarter of 2020, the company revealed on Wednesday.
At this time, AMC’s financials are unaudited. The official Q1 results will be released on June 9, when executives will hold a conference call with media analysts.
AMC’s total revenues in Q1 were approximately $941.5 million. Last year, the comparable quarter generated $1.2 billion.
The first quarter cuts off at the end of March. In the
[email protected] event with panels for “The Walking Dead,” “Fear the Walking Dead,” “The Walking Dead: World Beyond” and “NOS4A2.”[email protected] will take place July 23-26 as substitute for annual pop culture event.
[email protected] event with panels for “The Walking Dead,” “Fear the Walking Dead,” “The Walking Dead: World Beyond” and “NOS4A2.”[email protected] will take place July 23-26 as substitute for annual pop culture event.
coronavirus. However, mask wearing was not a mandatory requirement for cinema-goers, only cinema workers.Speaking to Variety about the re-opening, AMC CEO Adam Aron said: “It might be counterproductive if we forced mask wearing on those people who believe strongly that it is not necessary.”Adding that he thought “the vast majority” of cinema-goers would wear masks, he said he didn’t want to make it obligatory because they didn’t want “to be drawn into a political controversy.”However, following
Well, that certainly didn’t take long. AMC Theatres and most of the theatrical chains were playing a disingenuous game of “hey, don’t look at me, we just play movies, talk to your Governors” bullshit with the whole COVID-19, theatrical re-openings and face-masks conversation (if a business can refuse you with “no shoes, no shirt” policy, they sure as hell can do a similar mask one during a pandemic if they choose).
In the wake of making some controversial statements to Variety yesterday about AMC not mandating face masks in those parts of the country that aren’t requiring them during the COVID-19 pandemic, CEO Adam Aron has changed the chain’s policy after hearing the social media backlash and is now requiring patrons to wear masks whether local ordinances enforce it or not.When it came to patrons wearing face masks, AMC had a policy that was similar to Cinemark and Regal’s: Moviegoers would be required to
The last 24 hours have not been kind to AMC Theatres. Much like the rules laid out by Regal Cinemas and Cinemark, AMC announced its safety guidelines for when the cinema chain reopens in July.
Recently, we saw AMC Theatres, the largest cinema chain in the world, follow the lead of Regal Cinemas and Cinemark with announcing that facemasks will not be required by customers when the theaters reopen in July. This comes after the COVID-19 pandemic forced the world’s cinemas to shut down for months.
Brent Lang Executive Editor of Film and MediaAMC Theatres has reversed course and will require all of its guests to wear masks when it reopens. The about-face comes after AMC chief Aram Aron ignited a deluge of criticism and controversy when he told Variety that mask-wearing would be encouraged but not mandated in states where it was not a requirement.
AMC has reversed its course and said that it will now require guests to wear masks at all its movie theaters nationwide.The country’s largest theater chain was criticized for the policy Thursday when it revealed its safety guidelines, though other chains like Cinemark and Regal have not required masks either.“This announcement prompted an intense and immediate outcry from our customers, and it is clear from this response that we did not go far enough on the usage of masks.
AMC Theatres is the largest cinema chain in the world. And as such, you’d expect the company to be the leader in how to move forward with the reopening of theaters in July, after being shut down for months due to COVID-19.
AMC Theatres — the largest cinema circuit in the world — will open 450 of its U.S. locations on July 15 followed by the remaining 150 on July 24, in time for Disney's Mulan and Warner Bros.' Tenet.
AMC Theatres has announced plans to reopen movie theaters around the country on July 15, but one surprising detail is that the company will not require guests to wear masks in states that don’t mandate it.
Anthony D'Alessandro Editorial Director/Box Office EditorRefresh for updates: AMC has made official their U.S. reopening plans after what will be a four-month shutdown due to COVID-19 with 450 U.S.
Brent Lang Executive Editor of Film and MediaAMC Theatres, the world’s largest exhibitor, has unveiled plans to re-open after coronavirus forced it to close its more than 600 venues in the U.S. for nearly four months.The company is expected to resume operations in 450 of those locations on July 15 and expects to be almost fully operational by the time that “Mulan” debuts on July 24 and “Tenet” bows on July 31.
With exhibition giant AMC Theatres' first-quarter results in the books, Wall Street analysts on Wednesday dissected the figures and management commentary, with their main takeaway being caution.
Exhibition giant AMC Theatres, hit in mid-March by a shutdown of its circuit amid the coronavirus pandemic, on Tuesday reported a deep first quarter loss due to onetime impairment charges, on sharply lower overall revenues.
Even more than usual, all eyes are on AMC Theatres and the company’s future. Sure, there’s plenty of talk about when the cinema chain will reopen its doors globally, but after last week’s regulatory filing, claiming that AMC might not be able to survive the losses from the COVID-19 pandemic, not only are people concerned about when they can watch movies on the big screen again but also if AMC will be there to show them.
Adam Aron said in a statement.
Gene Maddaus Senior Media WriterAMC Entertainment reported a whopping $2.2 billion loss in the first quarter on Tuesday, the result of the global theatrical shutdown.In a statement, the company said it is focused on its liquidity as it looks to fully reopen worldwide in July.“These are truly unprecedented times,” CEO Adam Aron said.