Behemoth movie theater chain AMC might run out of cash by year’s end if it doesn’t raise additional funds and attendance continues to lag. The chain has reopened about 83% of its U.S.
theaters, but attendance is down about 85% on a same-theater basis from last year. “Many Hollywood executives and analysts believed the U.S. movie-theater industry was poised for a correction
even before the pandemic struck,” according to the Wall Street Journal
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