could drive growth, especially at no extra charge for subscribers.
“Maybe you see it at home and say it looks like something great to watch on an Imax screen or a big screen. There is still something special about going to the movies. But this is certainly a disincentive,” said one analyst. AMC Entertainment announced several months ago it only had enough cash to stay solvent through late this year or early next. It recently sold 50 million shares and its Baltic theaters. On Thursday morning, itwith the SEC to sell another 200 million shares with the stock trading at about $4 – a price that might be hard to get now . The highly levered chain, the nation’s largest, has been trying, with the rest of the industry, to outrun the pandemic but keeps getting thrown curveballs.
And he’s optimistic the picture will change significantly as vaccines roll out and the pandemic starts to subside in 2021.
Extremely disappointed about wbpictures 😐 they should at least make first 30 days exclusive to theatrical experience and then shift to stupid hbomax. Long term this will destroy the movie studio and movie going business. This is a desperate attempt to save the failed hbomax
Team HBO MAX
It’s not about streaming vs theaters It’s about studios vs medium sized companies like AMC and Regal and all the mom and pop theaters