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5 yrs

5 yrs

AMC Theatres has warned that it might never come back to life after the government response to the coronavirus pandemic forced it to shutter thousands of locations in the U.S. and abroad.

The company, which is the largest movie theater chain in the world, is projecting a first-quarter net loss of as much $2.4 billion, according to a regulatory filing released Wednesday.

AMC Theaters has 'substantial doubt' it can remain in business post-lockdown - WND
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AMC Theaters has 'substantial doubt' it can remain in business post-lockdown - WND

AMC, the world's largest movie theater chain, is warning investors of a disastrous first quarter, saying it has doubts about its survival.