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AMC to reopen theaters with limited capacity globally in July

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torontosun.com

AMC Entertainment Holdings Inc said on Tuesday it was expecting to reopen its theaters globally in July after shutting them down in mid-March due to the COVID-19 pandemic, sending its shares up about 4% in extended trading.The world’s largest movie theater operator said it was planning to reopen almost all its U.S.

and U.K. theaters in time to showcase Christopher Nolan’s “Tenet,” slated for release on July 17, and Walt Disney Co’s “Mulan” on July 24.AMC said it expects to run with limited capacity and blocked seating to maintain safety at its theaters, besides taking the usual precautionary measures.Last week, it flagged “substantial doubts” about its ability to continue operations, if it was forced to keep its theaters closed for a longer

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