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AMC Entertainment CEO Adam Aron Touts NYC Reopening, Reflects On Near-Bankruptcy, Hails Reddit Investors’ “Allegiance To Moviegoing”

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In one of the few interviews he has granted during AMC Entertainment’s white-knuckle 2021, CEO Adam Aron hailed the reopening of New York City and shared his thoughts on the “Reddit rally.”Speaking with CNBC, he said advance ticket sales in New York took up seven of the top 20 spots in the No.

1 exhibitor’s portfolio of 500-plus locations heading into this weekend. Lighting up New York and other cities puts 90% of the company’s footprint back in action, albeit with capacity limits required as a Covid-19 safety precaution.In all, 13 New York City locations are opening today. “Nothing is more important to us than opening in New York and Los Angeles,” he said, indicating that LA is likely two to four weeks from getting the go-ahead from

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