You can never be able to go to this beloved cinema again

Long stops during the pandemic could spelled the end of this great kinematic chain.


Millions of people across the country may have been occupiedHyperphagie movies Watch On their sofas during Lockdown Covid-19. And without the possibility of drawing new films or market new versions, the accounts of the film industry itself alongside the airline, a restaurant and the hotel as one of the companies most affected by the pandemic. But theThe hardest arm of suffering could be cinemas, Whose empty seats are looking for a future to say new regulations on health. Now, according to a recent financial report, AMC Theater-the world's largest cinemamay not be able to survive.

In their last deposit with the Securities and Exchange Commission, CMA revealed that they are currently short of money. They also fear how the amount of revenue they will be able to bring to the uncertain timetableThe reopening of theaters in the coming months. "We actually generate no income," said the company in the report, saying they have a substantial "doubt" they will survive the pandemic.

Overall, the company plans to have lost up to $ 2.4 billion in the first quarter of 2O2O. With incomes down through the board of directors compared to the last year and asIndustry already fragile on the groundEveryone is waiting for the second trimester to be even worse.

In helping to stay afloat, CMA has been on employee leave, tried to negotiate rental payments with the owners, and the salaries cut at the level of management. But the reopening of the theaters during the summer will be a very expensive experience and one with a price tag too high for the chests of the company.

In addition to this, there is increased competition fromhome streaming services on request, Which had already been at the cinema an activity more and more rare. But the historical liberation ofTrolls World Tour Really proven how much the industry is changing.

The film was planned in the salvage rooms on April 10, but in the middle of Lockdown, its cinema studio, Universal, decided to make it available via services on request on that same day. Hisat home numbers beat records, Which proves universal did not have to share his benefits with theater chains like CMA to make money. When the CEO of Universal said: "As soon as the theaters reopen, we plan to publish films on the two formats," CEO of AMC returned, announcing that they would no longer show all the films produced by Universal Studios. But it seems that unfortunately, AMC can not be shownallstill movies.

A saving grace for AMC has been the decisions of the cinema studios toretain the output of big movies-Such like the last opus, until the James Bond pandemic has allowed. But many are waiting for post-pandemic cinemaema will not be so want to stay in aClosed space risk exposure for a long time. And if you are always looking for a risk-free theater experience, seeThe safe way to go to the cinema right now.


Categories: Culture
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