Adam Aron Gene Maddaus-Senior Entertainment reports Adam Aron Gene Maddaus-Senior

AMC Theatres Reports $2.2 Billion Loss, Aims to Fully Reopen in July

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variety.com

Gene Maddaus Senior Media WriterAMC Entertainment reported a whopping $2.2 billion loss in the first quarter on Tuesday, the result of the global theatrical shutdown.In a statement, the company said it is focused on its liquidity as it looks to fully reopen worldwide in July.“These are truly unprecedented times,” CEO Adam Aron said. “We are confident we are taking the necessary steps on a broad array of fronts to ensure AMC’s future success as we navigate these turbulent and uncertain times.” More to come… Want to read more articles like this one?.

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