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Nanotech Entertainment Inc NTEK
(Total Views: 520)
Posted On: 10/04/2020 7:17:57 PM
Post# of 96897
Posted By: pigbilly
AMC Entertainment, the largest movie theater chain in the world, will "run out of liquidity" in six months, according to debt ratings agency S&P Global Ratings, which downgraded AMC's credit rating from CCC+ to CCC- and slapped it with a negative outlook, according to The Hollywood Reporter.

also:

The nation’s second-largest movie-theater chain is likely suspending its operations indefinitely.

Regal Cinemas is likely suspending operations at its more than 500 locations in the coronavirus-pandemic-driven crisis faced by the entertainment industry, according to the Wall Street Journal, citing a source familiar with the plans.













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