News Story Sample
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EnglishVoice Age
Middle Aged (35-54)Accents
North American (General) North American (US General American - GenAM)Transcript
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AMC theaters said Wednesday it has substantial doubt the company can remain in business after the Corona virus pandemic forced the closure of all its locations. In a regulatory filing, AMC officials said the company is generating effectively no revenue. California has 54 AMC theaters, all AMC locations. Air closed through June, and the company said it has enough money to reopen theaters this summer. However, if not allowed to reopen, the company said it may be unable to borrow the funds needed to continue operating. Even when theaters are allowed to reopen. AMC predicts it will still have problems should entertainment companies decided delay the release of new films. AMC has 1000 locations across the globe with more than 11,000 screens, according to its website.