Adam Aron Entertainment 2020 vaccine Adam Aron

AMC Theatres Lost $4.6 Billion in 2020

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thewrap.com

Yahoo Finance. Pretty good guess there on the diluted losses, as AMC reported a loss of exactly $3.15 per share. America’s largest movie exhibitor posted $162.50 million in revenue for the final three months of the coronavirus year.Across the 12 months of calendar (and fiscal) 2020, AMC lost a stunning $4.6 billion.

Few business were as decimated by the COVID-19 pandemic as movie theaters.Also Read: AMC Entertainment CEO Adam Aron's Pay Doubled in 2020 to $20.9 Million Despite Theater ClosuresAs of Dec.

31, 2020, AMC was operating 394 of its domestic theaters — about 67% of its full tally — with limited seating capacities of between 20%-40%, the company said.

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