Latest Delay in Theater Openings Threatens AMC Entertainment's Survival
AMC Entertainment (NYSE: AMC) suffered another setback in its quest to survive the coronavirus pandemic after movie studios decided to push back the release of their biggest films, forcing the theater operator to delay its reopening.
There is no "if you build it, they will come" factor for movie theaters. Without films to show, patrons won't appear, and AMC's decision, though necessary, makes its survival struggle all the more difficult.
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Source Fool.com
