Hearne: Will AMC Theatres Survive?

Word that AMC Theatres delayed its reopening sent shudders through the industry…

“The entire movie industry is shook up right now,” says KCC movie man Jack Poessiger. “The dominoes have fallen, let me put it that way.”

That after both Disney’s Mulan and Christopher Nolan‘s blockbuster Tenet were delayed.

Could this be the beginning of the end for the KC-based exhibitor?

“The beginning of the end for AMC?” Poessiger asks. “Ot the the Chinese people who own AMC? Let’s define it here, the Chinese ownership?”

Whatever…are they going to blow taps?

“No,” Poessiger says. “My gut feeling is a company like AMNC would declare Chapter 11 and rid themselves of their poorer performing theaters. That’s what norm ally happens.”

Worst case scenario?

“If that doesn’t work, I think the Chinese will piece meal it out,” Poessiger says. “AMC has too many good theaters.”

http://www.mb-kc.com/
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3 Responses to Hearne: Will AMC Theatres Survive?

  1. J. Springer says:

    No communist Chinese theaters in the USA!

    • admin says:

      There are now….chances are they may be selling though

      • J. Springer says:

        The next step is take away communist Chinese influence in hollywood. People who watch movies in the USA are watching communist propaganda approved by the communist Chinese party.

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