S&P Downgrades AMC Entertainment, Calling New Debt Swap “Tantamount To Default”

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.

"First Stream Latin" is a compilation of the best new Latin songs, albums, and videos recommended by the Billboard Latin editors. Check out this week's picks below.Sofia Reyes & Piso 21, “Cuando Estas Tu” (Warner Music Latina)In their first-ever collaborative effort, Sofia Reyes and Piso 21 drop “Cuando Estas Tu” (When You Are Here).

panel discussion with Deadline on Thursday. That film was shut down with just five days remaining of shooting after an extra in a crowd scene contracted coronavirus, but he’s now been cleared by SAG to resume filming in Mississippi the week of July 6.“They are onerous.

Jarvis Cocker’s JARV IS… project have shared their surreal new single, ‘Save The Whale’ — you can listen to the song and watch its accompanying video below.Taken from their forthcoming album ‘Beyond The Pale’, which is set to be released on July 17 via Rough Trade Records, this latest offering comes with a video Cocker made at home during lockdown.Speaking about the new track, Cocker said: “The title popped into my head as I was leaving the cinema after having seen Nick Broomfield’s Marianne &

Jill Goldsmith AMC Entertainment stock jumped over 15% at open in a down market Wednesday at open after execs outlined global opening plans at a conference call late yesterday afternoon. Share had popped by over 17% in premarket trade.It’s been a roller coaster – mostly down – for AMC shares since the coronavirus pandemic forced it to shutter theaters worldwide in mid-March.

Jill Goldsmith Giant exhibitor AMC Entertainment said net losses swelled to $2.18 billion, including a giant $1.8 billion in non-cash impairment charges, for the first quarter of the year from a negative $130 million the year before in what CEO Adam Aron called “unprecedented times.”Revenue dropped 22% to $941 million from $1.2 billion for the three months ended in March.

tracking the stock via Yahoo! Finance initially expected AMC to report a per-share loss of $1.52. The company’s adjusted net loss per share was $2.22.Also Read: AMC Theatres CEO Adam Aron Made $9.7 Million in 2019“These are truly unprecedented times.

A former member of the Vlog Squad is calling out David Dobrik for racist undertones in his past videos.

Meghan McCain is clarifying her thoughts on the protests going on after the death of George Floyd. The 35-year-old co-host has been receiving backlash for her tweet on Tuesday, when she likened her neighborhood in New York City to a «war zone» amid the protests. Nationwide protests against police brutality and systemic racism have been ongoing following the death of Floyd, a 46-year-old Minneapolis man who died after former police officer Derek Chauvin knelt on his neck for over eight minutes.

Clearing the air. Meghan McCain is speaking out after being slammed on social media for saying her New York City neighborhood turned into a “war zone” amid Black Lives Matter protests.

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.

Still a team. David Schwimmer walked beside ex-wife Zoë Buckman at a protest and vigil for George Floyd more than three years after their split.

By Jill Goldsmith

Mariska Hargitay just went full-on Olivia Benson in response to Donald Trump who tweeted, “LAW & ORDER!” on May 31. — The crime series in which she’s the longest running cast member on. “You mean tyranny and racism!” Mariska, 56, tweeted back at Trump on Tuesday, June 2.

By David Robb