Coronavirus threatens to shrink struggling US movie theater chains

posted in: All News, Coronavirus, USA | 0

Coming to a theater near you: a marquee with no movie titles on it, but instead big letters that say “gone out of business.”

With movie houses nationwide closed by the coronavirus, big cinema chains like AMC Entertainment and Regal Cinemas parent CineWorld are at risk of filing for bankruptcy in the coming weeks or months — desperate moves that could result in hundreds or even thousands of theaters being shuttered for good, industry experts warn.

 

Source: https://nypost.com/2020/04/08/coronavirus-threatens-to-bankrupt-struggling-us-movie-theater-chains/