Founded in Kansas City nearly 100 years ago, AMC Theatres has over the years established a reputation as an industry innovator, introducing the first multiplex in the 1960s, cup holde...Show more Adam Aron, who joined the company as CEO and President in 2016, has taken the Company to new...
Disney Layoffs: Jeffrey R. Epstein, Longtime VP of Corporate Communications and Spokesperson for D23 Fan Club, Among the Ousted (Exclusive) According to senior Amazon executives who spoke to Intersect, AMC would give Amazon a major cinema network to release potential awards contenders and promote o...
AMC Theatres is rolling out a new ticket price system based on seat location. Moviegoers have the option to pay less or more for certain tickets depending on where they chose to sit.
That includes furloughing all of its 600 corporate employees, including CEO Adam Aron, in late March following the closure of all its cinemas. AMC Theatres’ debt woes have only been compounded by around $250 million paid in rent each financial quarter to landlords to operate its multiplexes. ...
AMC THEATRES PLANS JULY GLOBAL REOPENING The proposed deal, which could be announced within days, would require bondholders to provide a $200 million senior loan and to swap their unsecured claims at a discount for new, second-lien debt, people familiar with the matter said. Private-equity fir...
In March AMC was forced to furlough all 600 corporate employees who work out of its Leawood, Kansas headquarters, including Aron. Experts have said theyexpect AMC to file for bankruptcy, sell debt or equity, or even sell off assets. Earlier this monththe DailyMail reportedthat Amazon has had...
The renewed focus on meme stocks comes amid a broader melt-up in financial markets powered by strong corporate profits and robust economic growth. The S&P 500 is up 26% over the last 12 months, while the Dow Jones Industrial Average and tech-heavy Nasdaq have risen 18% and 33%, re...
On Tuesday, AMC unveiled another equity distribution agreement with Citigroup Global Markets and Goldman Sachs to sell up to 15 million additional class A shares, with the proceeds being used for general corporate purposes, the company said in an SEC filing. AMC raised around $54.7 million thr...
At an AMC theater in Easton Mall in Columbus, Ohio, one Google Glass Explorer went to see Jack Ryan: Shadow Recruit, but got a rude awakening instead. An hour into the movie he was approached by a federal agent who, without hesitation, snatched the Google Glass off the man’s face and...
The renewed focus on meme stocks comes amid a broader melt-up in financial markets powered by strong corporate profits and robust economic growth. The S&P 500 is up 26% over the last 12 months, while the Dow Jones Industrial Average and tech-heavy Nasdaq have risen 18% and 33%, res...