Sitemap AMC Entertainment’s shares jumped 37% as the company announced it would have a $500 million debt sale, Deadline reports. This sparked renewed interest in trading for AMC Theaters. Warner Bros. cited spikes in coronavirus cases across the US for the move. “This new timing reflects currently expected release dates for much anticipated blockbusters like Warner Bros.’ ‘Tenet’ and Disney’s ‘Mulan,’ as well as release dates for several other new movies,” the company in a statement. Got a confidential news tip? Watch unique, limited engagements to the big screen, including Metropolitan Opera performances, live concerts and classic movies. Sign up for the "Mulan," the live-action reboot of the 1998 animated classic is set to hit theaters on August 21 -- and if the release date stays put, AMC would have a banner title to showcase in hopes of bringing audiences back to the movies. The theater is attempting to open in … on August 21. AMC Theatres shared its plans to reopen across the United States on Thursday.
AMC Theaters Reopening Changes Yet Again After More Movie Delays Like all the other potential opening dates it's liable to get pushed back further, … Next week, 100 AMC Theatres locations will open for the first time in … Factset: FactSet Research Systems Inc.2018. That makes Disney's "Mulan" the next big film on the calendar. Privacy Notice Data is a real-time snapshot *Data is delayed at least 15 minutes. Would you like to receive desktop browser notifications about breaking news and other major stories? New York (CNN Business)With summer blockbusters pushing back their release dates because of coronavirus, AMC Theatres is delaying its opening once again. The exhibitor has been hit hard by the coronavirus outbreak and all of its locations in the U.S. have been shuttered since mid-March. A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. A Division of NBCUniversal. Don't miss Robert De Niro in this hilarious comedy, opening 10/9 at AMC. AT&T CEO John Stankey assured movie theater owners that "Tenet" would not skip its theatrical release during an earnings call Thurday. However, after "Tenet" was delayed for a third time, AMC is shifting its strategy. In its release AMC noted that "approximately one-third of all AMC cinemas in Europe and the Middle East are already open and are operating normally.". To learn more or opt-out, read our Cookie Policy. But President Donald Trump announced Thursday that movie theaters would be included in an initial phase of reopening businesses in the U.S. Start your day with the top stories you missed while you were sleeping. Terms of Use © 2020 CNBC LLC. AMC will wait until August to reopen its movie theaters in the U.S., the company said Thursday. 'SNL' returns to mock the presidential debate, 'Borat' returns to America in new trailer, Watch Gremlin reveal his identity on 'The Masked Singer', Stephen Colbert: Watching that debate sterilized me, Late-night hosts mock Trump over NYT tax report, See the Marvel 'WandaVision' series trailer, Ellen DeGeneres starts 18th season with an apology, Watch some of this year's best Emmy acceptance speeches, Baby Yoda returns in 'The Mandalorian' season 2 trailer, Trump's Nevada rally stuns late night hosts, Netflix releases 'Enola Holmes' trailer featuring Millie Bobby Brown, Movie theaters are reopening. Copyright © 2020 Deseret News Publishing Company.
The move comes after "Tenet" was displaced from the movie calendar earlier this week. AMC Theaters Reopening Changes Yet Again After More Movie Delays Like all the other potential opening dates it's liable to get pushed back further, however. The White House announced Thursday a plan to reopen U.S. businesses, including movie theaters. The latest delay comes just days after Warner Bros. indefinitely postponed the release of its big-budget spy film, “Tenet,” which had been slated to hit theaters on August 12. Sorry, your blog cannot share posts by email. The world's biggest movie-theater chain is postponing the reopening of its US theaters to "mid-to-late August," the company said Thursday. The new health and sanitation program, titled "AMC Safe & Clean," will include measures such as requiring all guests to wear masks, initially capping movie showtimes at a lower capacity and upgrading ventilation systems in theaters. AMC Entertainment’s shares jumped 37% as the company announced it would have a $500 million debt sale. The theater is attempting to open in … Joe Biden will restore them in our public life. That’s 15 cents a ticket. 3,494, This story has been shared 1,022 times. Experience Fathom Events at AMC. Do Not Sell My Personal Information, Your California Privacy Rights AMC Gives a Timeline for Reopening of Movie Theatres A rep for AMC Theatres has spoken out to provide a timeline on when the company will be reopening movie theatres across the country. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. In June, the company acknowledged that the pandemic could push it into bankruptcy. Will audiences go back to movie theaters after the pandemic ends? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. With summer blockbusters pushing back their release dates because of coronavirus, AMC Theatres is delaying its opening once again. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. By … All Rights Reserved. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website. Warner Bros. announced earlier this week that it would take "Tenet" -- Christopher Nolan's new twisty thriller originally set to premiere August 12 -- off the release calendar for now. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Four new deaths were reported, Here’s the full list of writers for ‘The Mandalorian’ season 2, ‘Star Wars: Squadrons’ is whatever you want it to be, and that makes it fun, McDonald’s has a new celebrity meal, and it comes with a twist, Why Sen. Mike Lee says Netflix lacks ‘moral standing’ on cultural issues because of “Cuties’, The world’s second largest theater chain just cut 45,000 jobs, Alec Baldwin defends ‘SNL’ sketch and portraying Trump while president was in the hospital with COVID-19, Ziggy Ansah to have surgery to repair torn bicep, headed to injured reserve, Skyline, Tyson Shelley lead at 5A prep golf tournament, Lone Peak leading 6A golf again, Layton’s Tysen Diaz is top individual, The ‘world’s best airport’ warns of a long-term crises due to COVID-19. That may prove difficult, however, since coronavirus cases are spiking across the country, including in. AMC’s Aron said he expects theaters could reopen in June, kicking off a strong summer of blockbusters and films. The reason for yet another delay is simple: There are no new movies to show in theaters. Get this delivered to your inbox, and more info about our products and services. The company said Thursday that it won’t resume ticket sales at its US theaters until “mid-to-late August” due to the fact that there are no new movies to show. Disclaimer. Your Ad Choices Los Angeles, the movie capital of the world. Other big movie theater chains could also delay their July openings. The company shut all 630 locations with 11,000 screens going dark, as I wrote for the, Trump said: “I think we’re going to have a lot of states open relatively soon. If there has ever been a time to honestly grapple with what our faith requires of us, with what it means to live the values it teaches us, it is now. AMC, the world’s largest movie theater chain, is delaying its reopening yet again as Hollywood studios push back the release of their planned summer blockbusters. Don’t miss the Fathom Events showing now or coming soon to an AMC near you. AMC had been planning on a phased reopening kicking off July 15 with the hope of being fully operational by July 24, but pushed back the plan July 30 late last month. Post was not sent - check your email addresses! All rights reserved.
AMC Theaters will begin reopening "in waves" beginning on Aug. 20, the company announced Wednesday. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. AMC will wait until August to reopen its movie theaters in the U.S., the company said Thursday.
AMC Theaters was originally planning on reopening on July 15, but plans have changed once again. "This new timing reflects currently expected release dates for much anticipated blockbusters like Warner Bros.' 'Tenet' and Disney's 'Mulan,' as well as release dates for several other new movies," the company said in a release. We've received your submission. Sign up for free newsletters and get more CNBC delivered to your inbox.
The White House announced Thursday a plan to reopen U.S. businesses, including movie theaters. All rights reserved. With summer blockbusters pushing back their release dates because of coronavirus, AMC Theatres is delaying its opening once again.