Thursday, April 09, 2020

LAST PICTURE SHOW AT AMC!!!

Hoping they reorganize given all of the freebie coupons we've got laying around here . . . Check the sad news and the end of an area for this company with local roots and a JoCo HQ. Read more:

AMC Theatres Bankruptcy Likely, Analysts Say

AMC Theatres - whose business has effectively shut down because of the coronavirus pandemic - looks increasingly likely to file for bankruptcy with its cash reserves dwindling, according to Wall Street analysts.

17 comments:

Anonymous said...

We may be seeing the end of the "Leveraged Buyout" (aka Asset Stripping) that Reagan introduced via Executive Order and which served to fuel "Takeover Mania" and the inevitable Depr...Recession that followed.

Anonymous said...

Makes you feel sorry for the suits in the C-suites don't it?

Anonymous said...

So much for the Robust, Frosty, and Vibrant Renaissance.

Anonymous said...

Nothing to it just a hiccup. In another month we'll hit the switch, the economy will turn back on and we'll all be back racing around in the madhouse.

Anonymous said...

If Shitty Hall can fuck things up badly during a fake boom imagine what they can do when the whole economy is crumbling.

Anonymous said...

Great comment, 6:22!!! But what does it have to so with....well, anything?

Anonymous said...

Very true 6:33. No doubt KCMO is in fine fiscal condition, can weather anything and there is nothing we should worry about.

Anonymous said...

The Chinese conglomerate Wanda Group owns a majority stake in this company.

Anonymous said...

Expect 30 dollar popcorn and 10 dollar sodas that’s how they will get their money back.

Anonymous said...

Yes China buys majority stake in AMC and no one even noticed.

Anonymous said...

I wont purposely give a dollar to China. Fuck them slant eye commies. Not like the Volvo driving, I phone sporting and apple lap top red flag fucks.

Anonymous said...

Bummer

I guess I'll just do what normal people do

watch movies at home where concessions are affordable

Anonymous said...

^^^ You'll need a toilet installed in the couch on your sitting spot.

Anonymous said...

Hell, just get the popcorn out for reading all the expert replies on TONYSKC.
That's ALL FOLKS !!

Anonymous said...

Reagan ? That's was 40 years ago. Theres been plenty of new laws written since then to game the system. Bundle of mortgages into stocks, brockers as bankers (again) on and on

Anonymous said...

Les Otis ruined the place. Seriously. He had no degree but claimed to have one. He did not go to Rockhurst College.

Retro ROCKER said...

By BY Miss,American Pie..