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Added on the 02/01/2019 15:29:39 - Copyright : Wochit
The public was back this year in Rome to witness the traditional New Year's Day jump into the Tiber from the Cavour Bridge. IMAGES
Romans jump into the Tiber river in a New Year's Day tradition. IMAGES
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.
Italians jump into the Tiber in Rome as part of a traditional event to celebrate the New Year. IMAGES
With little competition, "Don't Breathe" is expected to remain at the top of the US box office this Labor Day weekend. Simon Thompson reports.
North American ticket sales are projected to reach $4.4 billion for the summer box office season, shy of the record $4.75 billion set in 2013 according to Rentrak. Shartia Brantley reports.
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