This formerly proud cinema chain has local roots that have now been disgraced given that the global corporation is basically begging for a loan from investors that might or might not prove wise amid the rise of digital streaming tech and plebs totally willing to watch movies on the phone and/or on the toilet.
Check-it . . .
AMC Entertainment Holdings' effort to sell more than $800 million worth of stock could help the company avoid a debt default, if it can generate enough dollars to last it until widespread vaccination against Covid-19 helps bring moviegoers back into theaters, according to CEO Adam Aron.