Muvi Cinemas, the first locally owned and operated cinema brand in Saudi Arabia, and Riyadh-based producer and financier Telfaz11 have inked a deal that will see the two companies team to grow filmmaking in the region.
02.02.2021 - 21:19 / deadline.com
Shares of AMC Entertainment are down nearly 40% today on another wild ride, reversing gains after an explosion of support by retail traders that started last week catapulted stock of the pandemic-pummeled chain to levels not seen since 2017.
Around midday, shares of the nation’s largest cinema operator are changing hands at $8.21 That’s still a few bucks up from where it landed after announcing good news on Jan. 25 — a raise of $713 million in fresh financing, enough cash to make it through 2021
Muvi Cinemas, the first locally owned and operated cinema brand in Saudi Arabia, and Riyadh-based producer and financier Telfaz11 have inked a deal that will see the two companies team to grow filmmaking in the region.
The Dallas Mavericks have decided to stop playing the National Anthem before home games.
straight to your inbox every day for freeManchester United cannot rely on Marcus Rashford to score 20 or more goals a season. That's the view of United legend Andy Cole, who believes the England international needs to take a leaf out of Edinson Cavani's book when it comes to being ruthless in front of goal.
Emilio Izaguirre to controversially move to his boyhood club's title rivals as he continues his playing career in Honduras.The defender had two spells at Celtic, winning 12 trophies including seven Scottish Premiership titles, before Kieran Tierney 's breakthrough at Parkhead.The 34-year-old returned to his first side Motagua after leaving Glasgow, but the dream return turned sour falling out with manager Diego Vasquez and being placed on the transfer list.The left-back's deal with the Liga
straight to your inbox every day for freeGary Neville says Edinson Cavani has grabbed Manchester United's number nine spot in a way the club's younger attackers have not been able to.Neville believes Cavani is now in United's strongest XI, with the Uruguayan forward retaining his place in the Reds' starting line-up against Everton on Saturday night.
Tom Read Wilson is one of the best things about Celebs Go Dating, serving as the show's receptionist. He lives in London where he has been spending lockdown alone, sharing snippets of his days with his Instagram following.
EXCLUSIVE: Marissa Jo Cerar, creator, executive producer and showrunner of Women Of the Movement, has signed an overall deal with Kapital Entertainment, the studio behind the upcoming ABC limited series about Mamie Till Mobley, who devoted her life to seeking justice for her son Emmett Till following his brutal killing in the Jim Crow South.
Shares of the happiest of exhibitors AMC Entertainment continued an upward trajectory Monday fueled by retail traders on Reddit chat rooms, even as a leading Wall Street analyst downgraded the stock to ‘sell’ and valued it at $1.
Glasgow loch the after their son tragically died when falling into the River Clyde after a night out. Duncan and Margaret Spiers have long campaigned to improve safety around the city's waters after their son Christopher died aged just 28, Glasgow Live reports.
Also Read: Robinhood Slapped With Lawsuit for 'Manipulating' GameStop TradesAMC’s wacky week on Wall Street, via GoogleBehind its cash infusion and Reddit momentum, AMC surged earlier this week, climbing to nearly $20 per share by the time markets closed on Wednesday. That Reddit momentum also carried over to Twitter, where users had been using the hashtag #SaveAMC as a rallying cry.
Reddit-pumped stocks from AMC Entertainment to GameStop fell Thursday as the rest of the market soared – a reversal of the day before when retail traders in crowded chat rooms joined forces to push selected names skyward and sent the market into conniptions.
AMC Entertainment said Silver Lake Group is converting $600 million worth of the theater chain’s debt that it holds into stock at a conversion price of $13.51 a share, a surprise all around considering the exhibitor’s shares were languishing below two bucks earlier this month.
Shares in the movie theater giant AMC Entertainment surged on Wednesday, driven by casual traders spurred on by Reddit's "r/Wallstreetbets" community, TikTok, and other social platforms. "SaveAMC" was one of Twitter's top trending topics Wednesday morning, driven by users of those platforms.