AMC Theatres Says There’s “Substantial Doubt” The Chain Can Stay In Business Due To COVID-19 Losses

It seems Kristin Cavallari and Jay Cutler may be friendly exes after all. The pair announced their split in April and since then rumors of both contention and cordiality have surrounded them both.

Kourtney Kardashian used Father’s Day to show just how much she appreciates ex Scott Disick.The Poosh founder, 41, took to Instagram to share a photo of the friendly exes posing with their children Mason, 10, Penelope, 7, and Reign, 5. “Happy Father’s Day,” the Keeping Up With the Kardashians star captioned the photo on Sunday, June 21.

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

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 — 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.

David Adefeso has been posting a lot of motivational messages these days on his social media account. This comes after a lot of useful financial posts that he’s been sharing with fans and followers during thee difficult times.

The Suicide Squad is scheduled to release next year. The new DCEU movie retains a few faces from David Ayer's Suicide Squad while recruiting a slew of new faces for the project.

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.

Dade Hayes Finance EditorAMC Entertainment CEO Adam Aron believes New York City’s arduous recovery from COVID-19 leaves an uncertain outlook for theaters there being ready to play Warner Bros.’ Tenet when it opens July 17.The global footprint of AMC locations is aiming to welcome the Christopher Nolan-directed release, Aron said on a conference call with Wall Street analysts, though he repeatedly called the situation “fluid.” As of Monday night, he said, Warner Bros.

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.

Imperial Capital analyst David Miller isn't yet ready to follow his Wall Street peers and declare a Chapter 11 bankruptcy filing from AMC Theatres as inevitable. So he raised the embattled cinema giant's stock price target on Friday ahead of AMC Theatres unveiling first quarter financial results on Tuesday.

Debt ratings agency S&P Global Ratings on Wednesday reduced yet again AMC Entertainment's credit rating after the exhibition giant unveiled plans for a debt swap for additional financial headroom. "We view the proposed transaction as distressed," the research firm said in an investors note.

Cinema giant AMC Theatres disclosed Wednesday that it expects its first-quarter financials, which were during the second half of March hit by the shutdown of its circuit, to include a loss of up to $2.4 billion, driven by a big impairment charge amid the novel coronavirus pandemic.