"I didn't have anybody in my row except for way far down on the other side.".
Until it changes back and my local AMC opens, I’m not sure when I’ll be back. (An employee quickly approached to ask that they cover their faces.) AMC Entertainment has lost over half a billion dollars in profits due to ongoing theater closures. Unlike New Mutants and Tenet, however, Bill & Ted will also be released on VOD the same day as its theatrical release, underscoring the substantial effect that the pandemic has had on how and where movies are seen.
Next: Why Movie Theaters Didn't Want To Show Star Wars In 1977.
And at least one family was extremely disappointed to find out that the movie they wanted to see was already sold out. New movies are soon to follow, though, which the theaters are counting on for survival. ", Remember going to the movies? markets, mainly New York, remained closed and without guidance on reopening timing, studios have been reluctant to release their pipeline of new films. For others, it was something to do with their children. "This has been the most challenging quarter in the 100-year history of AMC," said AMC CEO Adam Aron in a statement released alongside second-quarter earnings in August.
"And today's 15 cents, so that was another incentive. "Since the movie theaters are opening up near me," wrote Twitter user @Thewingit123. A one-stop shop for all things video games. I'm a reporter at Forbes focusing on markets and finance.
but i have seen most everything they are showing or don't super care to watch. The chain said it would pause A-List subscriptions, with no billing or payments for the duration of the closure. Still reckoning with government-mandated theater closures amid the coronavirus pandemic, shares of movie theater chains crashed Monday after United Kingdom-based Cineworld said it's suspending operations at all of its nearly 700 locations in the U.S. and U.K. following news that a number of high-profile films won't be released until 2021. "It all depends on how I feel after today," Parks said.
AMC did not immediately respond to a Forbes request for comment on whether it plans to continue operating the U.S. theaters it's reopened during the pandemic.
But others had already mastered the art of ordering concessions online, like Eileen Nucci and her husband, who gave employees their name and were handed their food and cups in a paper shopping bag.
Though the user praised staff for keeping customers as safe as possible, he wasn't a fan of the new no-refills policy. Still, in response to the disastrous financial quarter, AMC CEO and president Adam Aron acknowledged the difficult times and remained optimistic for the next financial quarter: “It should be no surprise to anyone that with our operations shut the world over, and almost no revenues coming in the door, this was the most challenging quarter in the 100-year history of AMC. But Regal hopes a long-awaited theatrical release will be enough. $1.5 billion. "We have our masks on and our hand sanitizer and we're taking our precautions," Adams said.
Since closing its theater chains back in March as a result of the COVID-19 pandemic, the world has become an especially difficult place for cinemas. All Rights Reserved, This is a BETA experience. The "1920s pricing" was a main draw for most of those early customers. “The biggest challenge is winning the hearts and minds of customers and winning the hearts and minds of studios," Matt Eyre, Regal's COO, told Knox News, part of the USA TODAY Network. AMC shares plummeted after the announcement on Monday, falling 10% as of 1:15 p.m. EDT and pushing down the firm's market capitalization, which peaked at $3.5 billion in 2015, to about $460 million. It had been a few years since he'd seen the "Star Wars" film on the big screen. Reach out at jponciano@forbes.com. The couple sitting in front of her, she wrote, did not wear masks, and staff did not perform a safety check during her screening. ", So today I went to the movies at @AMCTheatres (I know im crazy but it’s a long story) I was very disappointed to see the lack of enforcement which I expected for requiring masks in theaters was not enforced. AMC opened some 113 locations across the U.S., advertising retro pricing and retro screenings to entice audiences back to the movies. The extensive financial losses that AMC has accrued only serve to further bring into question just how much longer the traditional film release model can hold out for. His favourite filmmakers include: Jordan Peele, David Lean, Alfred Hitchcock, Mike Leigh, Steven Spielberg, the Dardenne Brothers, Noah Baumbach, Michael Haneke, Barry Jenkins and Andrea Arnold. They weren't alone.
Both AMC and Regal started opening up U.S. locations in August, but sustained closures in states like New York have kept the movie theater industry scrambling for cash. The blow to AMC shares is particularly concerning in light of a Friday note from S&P Global Ratings, in which the agency, according to CNBC, lowered its credit rating for AMC and said the firm could be burning cash at a rate that makes it illiquid in the next six months unless it raises additional capital or movie attendance substantially improves–perhaps even more unlikely now given Regal's announced closures. Regal, the second-largest exhibitor, is following suit Friday. There was a couple sitting in front of me and they did not have their. Cineworld, which owns 536 Regal Cinemas in the U.S., did not say when it planned to reopen theaters again.
AMC Theaters is the latest chain to close its doors to the public amid the ongoing novel coronavirus pandemic. Saw @sonicmovie for only 15¢!
Both AMC and Regal started opening up U.S. locations in August, but sustained closures in states like New York have kept the movie theater industry scrambling for cash.
"I have no confidence that theaters are safe or that staff even takes the protocols set in place seriously.
Only major issue I had was NO refills. Mike Jones is an author, screenwriter, world traveller and cinephile.
Often jet-lagged, Mike once turned down a certain A-list celebrity’s offer to join them for a night of partying after a strange encounter in an airport. and its also a big health risk.
Instagram user @kennyy_lo also showed off his 15 cent ticket for a Thursday showing of "Black Panther.". The lights started slowing coming back on in theaters nationwide Thursday with AMC Theaters, the country's largest chain, leading the charge.
AMC operates 634 locations in the U.S. and Canada. The go-to source for comic book and superhero movie fans.
In a video she made documenting her experience, she said she was skipping popcorn so she wouldn't have to take her mask off inside. When Regal Pinnacle 18 in Knoxville, Tennessee, reopened Friday for the first time in five months, the movie theater welcomed back guests with a brand new futuristic design with new food and drinks.
They were there to see the Vin Diesel movie "Bloodshot" for 15 cents a ticket.
That's why we're here," said Betty Gallagher.
They had been for five months, along with most indoor theaters in the U.S. because of COVID-19.
"part of me really wants to go see a movie since they are 15 cents. ", Instagram user @tampa_jedi_master_j attended a Thursday showing of "The Empire Strikes Back" at an AMC in Tampa, Florida, sharing a picture of his ticket and writing, "Feels great to back in the movie theater!". and it makes me sad.". ", Took a trip out to the @amctheatres in Danbury, CT today. Click the button below to start this article in quick view. AMC is pressed to get eyes back in front of their screens — but not without some cuts ahead. About 300 of the company's theaters will be reopened in time for the first major test — the Sept. 3 wide release of "Tenet." Twitter user @payorwait wrote in a thread Friday that she was "very disappointed" about the apparent lack of face mask enforcement at the AMC she went to. Others were surprised that concessions were cash only.
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