Enjoying streaming TV, as billions do, you’d never know the sector is currently experiencing a hiccup as we reset our financial lives a bit trimming a subscription or two — and maybe giving the struggling movie theater industry an opening to exploit as it seeks...
For consumers who usually patronize the biggest operators of theaters in the U.S., going to the movies will mean settling into the couch for the next few weeks. AMC Theatres said on Wednesday (July 22) that theaters in the U.S. will remain closed until mid-August,...
AMC Entertainment Holdings is warning investors that it may not be able to survive “as a going concern” as the movie theater giant struggles with the economic fallout from the coronavirus crisis. In a filing with the U.S. Securities and Exchange Commission, AMC noted that...
Said to be on the brink of bankruptcy, the country’s biggest movie theater chain, AMC Entertainment, could have an alternate ending if rumors pan out that Amazon is looking to buy the company. The parent company to the U.K.’s Odeon Cinemas Group, AMC saw a...
June 14, 2023
ByteDance, the parent company of popular social media app TikTok, is on a mission to become China’s next “everything app” to rival the success of WeChat by Tencent. With most of its $80 billion annual revenue coming from social media ad revenue, ByteDance has been testing its Douyin app, which features streaming videos and messaging. The company is also […]
July 23, 2020
For consumers who usually patronize the biggest operators of theaters in the U.S., going to the movies will mean settling into the couch for the next few weeks. AMC Theatres...
June 03, 2020
AMC Entertainment Holdings is warning investors that it may not be able to survive “as a going concern” as the movie theater giant struggles with the economic fallout from the...
May 11, 2020
Said to be on the brink of bankruptcy, the country’s biggest movie theater chain, AMC Entertainment, could have an alternate ending if rumors pan out that Amazon is looking to...
