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Post by politicidal on Apr 7, 2020 15:35:03 GMT
“We do not believe AMC has sufficient sources of liquidity to cover its expected negative cash flows past mid-summer,” S&P analysts wrote. Yikes.
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Post by Rey Kahuka on Apr 7, 2020 15:40:27 GMT
Let's hope theaters are back in business before then.
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Post by politicidal on Apr 7, 2020 15:41:27 GMT
Let's hope theaters are back in business before then. Word is they're shooting for June.
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basmaticathury
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@basmaticathury
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Post by basmaticathury on Apr 7, 2020 16:59:15 GMT
That's bad for the Chinese owners, the Wanda Group. Oops!
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Deleted
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Post by Deleted on Apr 7, 2020 17:08:52 GMT
That would suck. I like going to the theater. Let's hope it doesn't happen.
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Post by bravomailer on Apr 7, 2020 17:14:31 GMT
A lot more people are streaming now and will not go back to theaters in the old numbers.
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Post by ck100 on Apr 7, 2020 17:25:05 GMT
A really big event movie with lots of anticipation would at least help out.
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Post by spooner5020 on Apr 7, 2020 18:33:58 GMT
AMC go out of business? Yeah....sure whatever!!! They’re one of the biggest theater companies in the world. This sounds like a bullshit article. Also this article says that they expect this Coronavirus to last till after July? Really? I’ve heard NOTHING OF THE SORT!!! Also Mulan is coming out in July so again I take this article with a grain of salt. Until I hear something from AMC themselves I won’t believe anything.
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