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Added on the 06/10/2020 14:00:00 - Copyright : EFE Inglés
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.
Medan, Oct 7 (EFE/EPA).- The Indonesian government has allowed the reopening of cinemas throughout the country, following the decrease in Covid-19 cases in the country and its effort to boost the economy.Indonesia has reported 4,223,094 Covid-19 cases since the beginning of the pandemic.(Camera: DEDI SINUHAJI)SHOT LIST:THE REOPENING OF CINEMAS IN MEDAN, INDONESIA.
Yelets, Aug 2 (EFE/EPA).- The demand in domestic holiday travel has increased in the Russia due to travel restrictions imposed to curb the spread of COVID-19. (Camera: MAXIM SHIPENKOV).B-ROLL OF THE BEACH AND NIGHT SHOWS AT THE FAMILY ETHNIC AMUSEMENT PARK KUDYKINA GORA (KUDYKINA MOUNTAIN), NEAR THE TOWN OF YELETS, LIPETSK REGION, RUSSIA.
Bangkok, Jun 1 (EFE/EPA).- Several businesses in Thai capital continued to close Tuesday after Thailand's Center for COVID-19 Situation Administration (CCSA) announced the delay of the reopening of certain businesses due to a rise in COVID-19 infections.The businesses that need to remain closed for another 14 days include entertainment venue, gyms, boxing stadiums, massage parlors, spa as well as beauty salons.Thailand has so far recorded over 160,000 COVID-19 cases and over 1,000 deaths since the beginning of pandemic. (Camera: NARONG SANGNAK).B-ROLL OF SHOPS AND BUSINESSES IN BANGKOK, THAILAND.
Los Angeles County, California, will no longer be subjected to air quality regulations limiting the number of cremations that may be performed there. Business Insider reports the South Coast Air Quality Management District said the regulation was lifted so officials could handle a 'backlog' of bodies. Business Insider reports the move comes as a grim reminder of the severity of the COVID-19 pandemic in California. The regulation has been lifted for 10 days, with the option to be extended. As of January 15, there were more than 2,700 bodies being stored at hospitals in LA County and at the Coroner's office. The current rate of death is more than double that of pre-pandemic years, leading to hospitals, funeral homes, and crematoriums exceeding capacity. South Coast Air Quality Management District
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