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Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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AMC Entertainment Expects To Be “Fully Opened Globally” In July, Posts Expected, Massive Q1 Loss
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deadline.comJill Goldsmith Giant exhibitor AMC Entertainment said net losses swelled to $2.18 billion, including a giant $1.8 billion in non-cash impairment charges, for the first quarter of the year from a negative $130 million the year before in what CEO Adam Aron called “unprecedented times.”Revenue dropped 22% to $941 million from $1.2 billion for the three months ended in March.
The nation’s largest chain had presaged the number last week when it announced preliminary, unaudited results within a range that it filed with the SEC.
The loss was at the lower end of the range it had predicted — of between $2.1 to $2.4 billion. AMC is currently planning to reopen almost all of our U.S.
Read more on deadline.com
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