AMC Will Open Most Theaters by July. But Will There Be Any Visitors?
Lights, camera...action? As American cities begin to reopen after COVID-19 closures, companies that were faltering can finally start making back some lost revenue.
AMC Entertainment (NYSE: AMC), the largest movie theater operator in the world, said in a press release on Tuesday that it planned to have almost all of its theaters open by July. This is ahead of its original schedule, which envisioned opening for the Fall film season, and is a positive development for the company, which wasn't sure it would make it until then and stay solvent.
The company said that it planned to open theaters in its largest markets, the U.S. and the U.K., in time to show two films slated for July Release: Warner Bros.' Tenet on July 17 and Disney's Mulan on July 24.
Source Fool.com
