AMC Theaters to Reopen Next Week With $0.15 Movie Tickets
AMC Entertainment (NYSE: AMC) will reopen more than 100 theaters beginning Aug. 20, and to lure moviegoers back into the seats, the theater operator will offer tickets for just $0.15 each.
While framed as a celebration of its 100th anniversary -- AMC is trumpeting it as "movies in 2020 at 1920 prices" -- the reality is that with Hollywood not releasing any new big-budget movies for at least a month or more, getting people to come out for retread films they could see on Netflix or Amazon Prime won't be an easy sell.
Image source: Getty Images.
Source Fool.com
