AMC Theatres, the world’s biggest theater owner, stated it prepares to resume most of its theaters next month, including a majority of its areas in the United States and Britain.
The company, which shuttered its more than 1,000 theaters worldwide in March amid the coronavirus pandemic, has actually been hard-hit by the shutdown. In its first-quarter incomes report Tuesday, AMC reported a bottom line of more than $2 billion and said revenue had actually fallen by 22%to $9415 million.
” We are generating successfully no earnings,” the company stated last week, adding it had “ substantial doubt” that it could survive in the long term if its theaters stay shut down.
State health authorities will still require to greenlight the resuming of theaters, but AMC said it intends to open “almost all” its U.S. areas in July. The business did not provide a precise date but ho