Amazon is reportedly exploring an acquisition of theater chain AMC Entertainment. The discussions within Amazon are fluid, the company could wait for AMC’s stock to fall further, or it could choose not to make an offer, The Intersect reported Tuesday (March 28), citing unnamed sources....
AMC Entertainment discussed a potential acquisition of Cineworld assets with some of that firm’s lenders. The discussions centered on certain theater assets in the United States and Europe owned by bankrupt Cineworld, but have ended without an agreement, AMC Entertainment said in a Wednesday (Dec....
AMC Entertainment is getting on the bitcoin bandwagon and will accept the cryptocurrency for the online payment of movie theater tickets and concession snacks, AMC CEO and Chairman Adam Aron said in an earnings call, per Deadline and other media. See also: Report: Nearly 60...
In today’s top retail news, Revlon, Inc. reported that its net sales dropped by 10.4 percent in the fourth quarter of 2020, while Kohl’s has unveiled its FLX private-label brand. Plus, the head of AMC Entertainment said he is “optimistic and confident” about his firm’s...
March 31, 2023
Whether Amazon buys AMC — or not — may be beside the point. The mere fact that the eCommerce giant has been rumored to be mulling buying multiplex real estate speaks volumes to the connected economy’s evolution, and the ways lines are blurring between online and offline channels. Particularly when it comes to media, entertainment […]
March 28, 2023
Amazon is reportedly exploring an acquisition of theater chain AMC Entertainment. The discussions within Amazon are fluid, the company could wait for AMC’s stock to fall further, or it could choose not to make an offer, The Intersect reported Tuesday (March 28), citing unnamed sources. Reached by PYMNTS, an Amazon spokesperson said the firm doesn’t […]
December 21, 2022
AMC Entertainment discussed a potential acquisition of Cineworld assets with some of that firm’s lenders. The discussions centered on certain theater assets in the United States and Europe owned by...
August 10, 2021
AMC Entertainment is getting on the bitcoin bandwagon and will accept the cryptocurrency for the online payment of movie theater tickets and concession snacks, AMC CEO and Chairman Adam Aron...
January 25, 2021
Struggling movie theater chain AMC Entertainment Holdings has dodged bankruptcy by raising $917 million in new equity and debt capital, a move it says should allow it to stay in...
