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Added on the 04/09/2016 19:46:26 - Copyright : Reuters EN
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.
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.
"Don't Breathe" topples "Suicide Squad" for the No. 1 spot at the North American weekend box office. Bob Mezan reports.
Horror-thriller 'Don't Breathe' is set to trump 'Suicide Squad' at the U.S. box office this weekend. Simon Thompson reports.
Disney's "The Jungle Book" held Huntsman sequel, "Winter's War" and kitten comedy "Keanu" at bay to dominate the box office for the third week running. Ashraf Fahim reports.
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