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AMC Theatres Warns Of $2.4 Billion Loss, ‘Doubt’ About Remaining ‘Going Concern’

MEDIA Posted: June 3, 2020 8:05 am

The world’s largest movie theater chain revealed that it expects its financial report for the first quarter of 2020, during which the COVID lockdowns began, to show a loss of up to $2.4 billion. The announcement also said publicly that management has “substantial doubt” that AMC can “continue as a going concern for a reasonable period of time.” – The Hollywood Reporter

MEDIA Published: 06.03.20

Read the story in Hollywood Reporter Published: 06.03.20

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