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Started By
Message
AMC in danger to Shut Down
Posted on 4/6/20 at 3:46 pm
Posted on 4/6/20 at 3:46 pm
28
Posted on 4/6/20 at 3:47 pm to volod
Meanwhile, PronHub is giving away free memberships.
Crazy world we live in.
Crazy world we live in.
Posted on 4/6/20 at 3:48 pm to volod
AMC was in trouble long before their theaters were forced to shut down, I imagine this is the end
Posted on 4/6/20 at 3:48 pm to volod
Paywall, thanks.
Posted on 4/6/20 at 3:48 pm to volod
Not surprising.
They need to just release all new movies for home streaming. It might kill movie theaters but that’s going to start happening anyway.
They need to just release all new movies for home streaming. It might kill movie theaters but that’s going to start happening anyway.
Posted on 4/6/20 at 3:48 pm to volod
I sure hope so. That one at 45 and Beltway 8 is such a musty shithole
Posted on 4/6/20 at 3:49 pm to LordSaintly
quote:
It might kill movie theaters but that’s going to start happening anyway.
More people would go with alcohol and cheaper food.
Posted on 4/6/20 at 3:51 pm to LordSaintly
We still go to the movies a few times per year. Admittedly, not nearly as much as we used to.
A lot of that is due to the crap content coming out of the industry now. Almost no original ideas. Superhero movies and remakes.
A lot of that is due to the crap content coming out of the industry now. Almost no original ideas. Superhero movies and remakes.
Posted on 4/6/20 at 3:53 pm to volod
At 5B in the hole, something doesn't sit right. Who continued to give them that much credit line? Where on earth did the money go?
Posted on 4/6/20 at 3:53 pm to volod
I would feel bad for them if popcorn and a drink didn't cost $25 on top of the $15 ticket.
Greedy fricks
Greedy fricks
This post was edited on 4/6/20 at 3:56 pm
Posted on 4/6/20 at 3:55 pm to volod
It’s unfortunate because I just go there for the Dolby Digital screens. Generally far superior to any other theaters’ screens.
Posted on 4/6/20 at 3:56 pm to volod
Disney or Netlfix needs to buy it.
Posted on 4/6/20 at 3:58 pm to volod
Good riddance. Who watches movies in theaters anymore. Boomers getting too old. Movie theaters are the Harley Davidson of the entertainment industry. Like a Covid on a vent, it's dead.
Quibi is the future.
Quibi is the future.
Posted on 4/6/20 at 3:59 pm to MojoGuyPan
quote:
“ AMC Theatres was acquired by Wanda Group, a Chinese conglomerate headquartered in Dalian, in May 2012. Wanda Group paid $2.6 billion to acquire AMC Theatres' 5,048 screens in 347 theaters in the U.S. and Canada.[24] The deal was finalized on September 4, 2012.[25] The acquisition made Wanda the world's largest cinema chain.[26] Wang Jianlin, CEO of Dalian Wanda Group, announced that the company would plan to spend $500 million renovating AMC locations.[25]”
Posted on 4/6/20 at 3:59 pm to fallguy_1978
quote:
A lot of that is due to the crap content coming out of the industry now. Almost no original ideas. Superhero movies and remakes.
Yep. Zero interest in superhero movies or the latest Star Wars shitshow.
Ford vs Ferrari is the only recent movie to interest me.
Posted on 4/6/20 at 3:59 pm to volod
sucks if they do..A-List is awesome for someone who likes going to a lot of movies
Posted on 4/6/20 at 4:00 pm to volod
Oh well. Guess we won’t pay $7 for a coke anymore. Suck a dick AMC
Posted on 4/6/20 at 4:01 pm to udtiger
quote:
Disney or Netlfix needs to buy it.
I don't think Disney and Netflix would be allowed to just buy the whole thing outright because of long standing anti-trust protections. WAY back when, it was ruled that studios owning theaters was too monopolistic. It's why you don't see any Paramount or MGM movie theaters. The government regulates how studios can own pieces of the distribution and exhibition parts of the movie business.
I'm pretty sure, though, that's being revisited to decide whether those protections need to go away completely.
This post was edited on 4/6/20 at 4:07 pm
Posted on 4/6/20 at 4:02 pm to Sao
quote:
At 5B in the hole, something doesn't sit right. Who continued to give them that much credit line? Where on earth did the money go?
Renovations probably
Posted on 4/6/20 at 4:03 pm to volod
Another dinosaur company dies, along with GameStop.
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