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Horror Show: AMC May Be Bone Dry Of Cash At Year's End
Video Credit: Wochit Tech
Published on October 13, 2020 - Duration: 00:43s
Horror Show: AMC May Be Bone Dry Of Cash At Year's End
Gizmodo reports ailing theater chain AMC might be totally broke by the end of 2020.
In financial filings, the company disclosed on Tuesday that it may require 'additional sources of liquidity or increases in attendance levels' to survive.
In other words, it'll need more cash or more butts on seats--or both.
The company cites low attendance and a delayed movie release schedule during the coronavirus pandemic.
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