May 18, 2021

Politics & News

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AMC Entertainment Rises After CEO Clarifies Plan to Issue Shares

1 min read

Closings sparked by the Covid-19 pandemic brought theater chains to the brink of bankruptcy, including Leawood, Kansas-based AMC. Many have now reopened. Some, however, will not be coming back after the financial struggles of the past year. ArcLight Cinemas and Pacific Theatres, two jointly owned California movie-theater chains, announced plans this week to close permanently, underscoring the still-tenuous state of the industry.

Rob Golum
2021-04-15 11:41:13

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