![]() With over 300 local theaters and more than 40 abroad, AMC Movie Theaters is now owned by the biggest movie theater company in the world, and with such a large company, comes affordable AMC movie ticket prices. Some movie theater chains - including Alamo Drafthouse and Studio Movie Grill - filed for bankruptcy.Īt one point, AMC believed it would run out of cash by December, but a wave of retail investors surprisingly poured $917 million into the company, effectively saving the theater chain from bankruptcy. If there’s any movie theater that has successfully shown quality service and movie presentation, it’s AMC Theaters. ![]() Highly anticipated movie releases including "Wonder Woman 1984" and Disney Pixar's "Soul" debuted on streaming services, skipping theater releases altogether. Indeed, 2020 featured some particularly challenging months for movie theaters. theaters make up 75% of Cineworld's business and added that the company was looking to reopen its U.K. ![]() Regal's 536 theaters have been closed since early October, with Cineworld officials on Tuesday saying they closed theaters in part because Hollywood studios stopped production on major films during the pandemic. The closures, effective March 18, mark the third major theater chain to halt. "We have long-awaited this moment when we can welcome audiences back to our Regal theaters and restore our essential role within the communities we serve," Greidinger said. Cinemark movie theaters announced Tuesday it would be shuttering its 345 theaters across the country.
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