Wall Street analysts at MKM Partners wrote on Thursday, April 9th, “Based on our view that theatres will be closed until at least August and our belief that AMC lacks the liquidity to stay afloat until that time, we expect the company will soon be faced with filing for bankruptcy.” He downgraded AMC Theatres stock from “neutral” to “sell.”
The report adds: Even if AMC is able to tap government bailout funds the company’s high leverage ratio — with $4.75 billion in debt — will make for tough sledding… thus making a reorganization inevitable.”
Don’t Panic
Bankruptcy doesn’t mean out of business. It’s a way for a company to protect itself from going out of business while it restructures. If AMC Theaters does indeed file bankruptcy, then for sure things will change, and some theaters may not reopen, but in some fashion or another, the USA’s largest theater chain will be showing movies again when it’s safe.
The World’s Most Indispensable Movie App
The RunPee app tells you the best times to
run & pee during a movie
so you don't miss the best scenes.
Download the RunPee app.
100% free (donation supported)
The bigger question is: when will theaters reopen and what will that look like? I don’t think anyone expects a packed theater on August 14th for the Wonder Woman 1984 premier. But if not, then what will it be like? My guess is theaters will sell at most 1/2 of the seats for each showing — maybe less. So it might be the case that WW1984 is the only movie showing at some theaters. Strange days for sure.
#WonderWoman1984 is rescheduled to premier on August 14th. If theaters are indeed open will you go see it…
A) Opening night. No matter what!
B) Opening night, if theaters are 1/2 filled.
C) Late Sept., when theaters are mostly empty.
D) I'll Wait for the DVD. 🙁#COVID19
What people are saying
about the RunPee app.
Water drinkers unite
Run pee is the best app for people who find themselves needing to pee a lot but also not wanting to miss any action. The app gives you the best times to use the bathroom during a movie while also telling you when to leave and which lines to listen for! It not only gives you the time you should go pee, but it also explains to you what is happening during the break. I helped I use this app every time I go to the movies now. My god father recommended this app to 5 years ago and it’s been in my phone ever since! Highly recommended.
View all reviews
Apple App Store | Google Play StoreDownload RunPee app
— RunPee (movie app/film hub) (@RunPee) April 14, 2020
A Return to Americana – Drive In Movie Theaters Are Back in Style
Don’t miss your favorite movie moments because you have to pee or need a snack. Use the RunPee app (Androidor iPhone) when you go to the movies. We have Peetimes for all wide release films every week, including Red One, Venom: The Last Ride , Transformers One, The Wild Robot and coming soon Wicked, Gladiator II, Moana 2 and many others. We have literally thousands of Peetimes—from classic movies through today’s blockbusters. You can also keep up with movie news and reviews on our blog, or by following us on Twitter @RunPee. If there’s a new film out there, we’ve got your bladder covered.
Leave a Reply