AMC Theatres, the world's largest movie theater owner, has announced that it is planning to reopen its roughly 1,000 theaters around the world next month
The chain, which closed all its locations March 17 because of the coronavirus pandemic, said in its first quarter earnings report Tuesday that it expects"to be fully open globally in July."That includes reopening theaters in the United States and the United Kingdom. AMC did not provide specific dates for the reopenings.
AMC Theatres has 'substantial doubt' it can remain in business"These are truly unprecedented times," Adam Aron, AMC's CEO, said in a statement."After starting the year with two solid months of revenue growth compared to last year, in mid-March we were forced to pivot the entire company to respond to the effects of the pandemic.
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