Jill Goldsmith Co-Business EditorAMC Entertainment has filed to sell 15 million shares of common stock to raise fresh cash, the second exhibition distress call today after Regal parent Cineworld of the U.K.
posted a brutal results for first six months of the year.Regal is the largest circuit in the U.S., AMC the second. Exhibitors shut down in March and have opened slowly across many states but are still dark in key markets New York and Los Angeles and lack high-profile product to lure audiences used to sheltering in place.AMC announced a large and complex debt restructuring over the summer that raised cash from note sales, cut interest expenses and pushed out maturities.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.