AMC Entertainment Says It Expects All of Its U.S. Theaters to Be Open by End of July

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AMC Entertainment previously shuttered its theaters across the country due to the novel coronavirus pandemic

on July 27. The live-action remake was originally set to open in theaters just days before they were quickly shut down as the spread of the virus continued across America.

The optimistic message comes as a stark contrast to what the company reported earlier this month.

"We are generating effectively no revenue," the company said in the filing, estimating to have lost between $2.1 billion and $2.4 billion in the first quarter after having to close earlier this year. The company also reported that its quarterly revenue is down roughly 22 percent this year, having fallen to $941.5 million from $1.2 billion in the same quarter last year.

 

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Keep your tickets. Hollywood sucks

Didn't they say that might not be able to open up or go out of business because they weren't getting any income and had to pay rent?

nope, nope and fuck no

On July 17th, I will RiskItForTenet

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