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Added on the 26/12/2016 16:04:09 - Copyright : Wochit
Gizmodo reports ailing theater chain AMC might be totally broke by the end of 2020. In financial filings, the company disclosed on Tuesday that it may require 'additional sources of liquidity or increases in attendance levels' to survive. In other words, it'll need more cash or more butts on seats--or both. The company cites low attendance and a delayed movie release schedule during the coronavirus pandemic. If those don’t change, AMC may pursue additional debt and equity financing, renegotiations with landlords, asset sales, or joint ventures. They're not alone. Competitor Regal Cinemas has also disclosed it will need fresh funds by early 2021 if the winter results in 'prolonged' shutdowns.
The Joe and Anthony Russo-directed 'Avengers: Infinity War' is on course to break office records, a report has claimed.
Finding Dory," the sequel to the film "Finding Nemo," makes the largest debut ever for an animated film at the North American box office. Diane Hodges reports.
This weekend sees the biggest ever global debut for a superhero film with the release of "Batman v Superman: Dawn of Justice." Jillian Kitchener reports.
The force has awoken box office bucks...The latest star wars installment has now become the biggest movie of all time in North America overtaking the previous record held by James cameron's Avatar. Jayson Mansaray reports.
Blockbuster movie "Star Wars: The Force Awakens" passes "Avatar" to become the top-selling film of all time in the United States and Canada, Walt Disney Studios said. Edward Baran reports.
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