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AMC Theatres Posts $567M Loss, but Teases “Increasingly Favorable Environment for Moviegoing” – Hollywood Reporter

AMC Theatres keeps facing pandemic-related headwinds, but CEO Adam Aron teased that a rebound was right around the corner, saying Thursday that “we finally can…

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AMC Theatres keeps facing pandemic-related headwinds, but CEO Adam Aron teased that a rebound was right around the corner, saying Thursday that “we finally can now say that we are looking at an increasingly favorable environment for moviegoing and for AMC as a company over the coming few months.”
AMC posted a $567 million net loss in the quarter on $148 million in revenue. That was nonetheless an improvement from the same quarter a year ago, as lockdowns began to roll across the world, causing the…

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