AMC, the world’s largest cinema chain, could go bust by the end of the year
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nme.comCNN Business on the matter: “There is a significant risk that these potential sources of liquidity will not be realized or that they will be insufficient to generate the material amounts of additional liquidity that would be required until the company is able to achieve more normalized levels of operating revenues.”In the UK, a number of cinema chains have undergone measures to minimize costs during the coronavirus pandemic.Cineworld opted last week to close all their venues in the UK and the US, while Vue has closed a quarter of its UK cinemas for three days a week and Odeon opted to change the structure of a number of staff roles.
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