AMC Launches a Private Theatre Rental Program
AMC’s declining revenue has caused the company to launch a Private Theatre Rental Program as of Nov.10, 2020. The company reported a $905.8 million quarterly loss. Many people contacted the corporation about private rentals during the coronavirus pandemic — within four weeks, the theatre made four times higher than the total amount of private theatre […]
AMC and Universal Strike Once in a Life Time Deal
Universal Pictures and AMC Theaters have put aside their long time business feud and signed a billion-dollar agreement. The partnership allows both studios to release films on VOD after 17 days of theatrical releases. The implications of this deal mean that in the future Universal will be able to keep films in the theaters for […]