AMC Theatres Worried Other Studios Will Follow WB/HBO Max Strategy & Needs $750 Million To Survive In 2021
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theplaylist.netAMC Theatres was already hurting before WarnerMedia made its announcement that it was sending WB’s entire 2021 film slate to HBO Max on the same day as theaters.
And now, after that decision? Let’s just say AMC is none too pleased with the idea that one of the biggest studios in the world is threatening the future of the theatrical experience.
READ MORE: AMC & Regal Cinemas Respond To WarnerMedia’s HBO Max Release Strategy In what seems to be a common occurrence in 2020, the world’s largest theater chain has made another financial disclosure to the SEC explaining the grim outlook for the future (via Deadline).
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