AMC — the world’s largest movie theater chain — will reopen more than 100 movie theaters on Thursday, Aug. 20. And consumers are at this point accustomed to staying home and watching, "Wallets are tight right now, and most people have to do a cost-benefit analysis for nearly everything in their lives," Dergarabedian said. AMC Theatres, the world's biggest movie theater chain, said on Wednesday that it has "substantial doubt" it can remain in business after closing locations across the … All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Disclaimer. All rights reserved. Yahoo Finance's Sibile Marcellus joins Kristin Myers to discuss. For starters, theaters like AMC won't have many big films to show for a couple of weeks. Getting people back to the movies during a pandemic is more than just having films that people want to see. MOST THEATRES ARE NOW OPEN Welcome Back to the Movies. AMC will also be showing throwback movies for $5, including Ghostbusters, Black Panther, and Back to the Future. Jacob started covering video games and technology in college as a hobby, but it quickly became clear to him that this was what he wanted to do for a living. ", Coronavirus cases are still prevalent across the country, and moviegoing poses a risk because the virus. AMC is set to reopen the doors to its Northern California theaters on Friday as the coronavirus pandemic continues. The company is exp… Christopher Nolan's thriller "Tenet" doesn't hit theaters in the United States until September 3, and Disney's "Mulan" is not on AMC's release slate. Reopening dates and this list of theatres may change and will be updated if needed. Theaters can reopen … Select AMC theatres are planning to reopen their doors soon. Now open! Believe it or not, it gets even better. AMC Entertainment said it expects to reopen its theaters globally in July after shutting them down in mid-March due to the Covid-19 pandemic. AMC Theatres will show movies at the Market Arcade 8, located at 639 Main St., and at the Maple Ridge 8, located at 4276 Maple Road in Amherst. AMC Theatres has just endured one of the most traumatic periods in its hundred-year history. Paul Degarabedian, senior media analyst at Comscore, told CNN Business that "it's up to the theaters to ensure that they are so well prepared in creating the safest and most appealing environment possible.". Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Reportedly, the chain has lost upwards of $2.4 billion because of the shutdown. "Movie theaters are not that high on the list of essentials.". Factset: FactSet Research Systems Inc.2018. Most stock quote data provided by BATS. When AMC announced plans Thursday to reopen more than 100 theaters in the United States on Aug. 20, it released a list of specific locations that would be involved. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. AMC Theatres, the world’s largest exhibitor, has unveiled plans to re-open after coronavirus forced it to close its more than 600 venues in the U.S. for nearly four months. According to the company, two AMC theaters in the tri-state area, both in Connecticut, will be part of the first batch of its theaters to reopen. CHARLOTTE, N.C. (WBTV) - AMC Movie Theatres will reopen selected theatres in North Carolina between Oct. 9 and Oct. 16. He currently resides in New York writing for BGR. Will reopen when local guidelines allow. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. The next few weeks and months will give Hollywood an idea of whether the movie theater industry can bounce back after being ravaged by coronavirus. That’s right. AMC said that it would reopen theaters in Northern California, including San Francisco and the greater Bay Area. NEW YORK - AMC Theatres, the nation's largest movie theater chain, will reopen in the U.S. on Aug. 20 with retro ticket prices of 15 cents per movie.. AMC Entertainment, which owns the chain, said Thursday that it expects to open the doors to more than 100 cinemas — or about a sixth of its nationwide locations — on Aug. 20 with throwback pricing for a day. All times are ET. Check back later as we will update this page to include the reopening dates for each theatre. You can check AMCTheatres.com to see which movies will be showing at your local theater upon reopening, but the company shared a list of new releases that will be coming to theaters in the weeks ahead: A list of theaters expected to open on August 20th can be found at the bottom of AMC’s press release, but includes theaters in Texas, Florida, and Georgia, all of which have been hit hard by the coronavirus. After a series of delays and missteps earlier this summer, AMC Theatres finally laid out plans to begin reopening in the US this week. 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The reopening of all locations is subject to the directives set forth by federal, state and local mandates. Now open! AMC Theaters Will Reopen August 20 With 15 Cent Tickets. The remaining 200 locations will open “only after authorized to do so by state and local officials.”. 1 theater chain isn’t going to reopen. 23 North Carolina AMC Movie Theatres to reopen by mid-October (Source: WSFA) By WBTV Web Staff | October 1, 2020 at 5:10 PM EDT - Updated October 1 at 5:10 PM . New York (CNN Business)For the first time in roughly five months, AMC Theatres will pop the popcorn, dim the lights, and start the show. AMC Theatres has been hit hard financially due to the coronavirus pandemic. AMC Theatres announced that over 100 of its theatres will be reopening on August 20 with 300 more theatres to follow between August 27 and September 3. Here's a closer look at what to expect during your next visit to #AMCTheatres! Degarabedian noted that "the sentiment of the moviegoers who go over the next few weeks needs to be positive." It’s perfect for an everyday escape or a celebration to remember! Reopening dates may change and will be updated if needed. AMC will reopen … AMC also described its Safe & Clean health and sanitation program, which includes such measures as reducing the number of available seats for each showtime, thorough cleaning between each screening, nightly disinfecting, use of HEPA vacuums, upgraded air filtration systems using MERV 13 filters when possible, mandatory mask-wearing, hand sanitizing stations, and the availability of disinfectant wipes. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. 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NEW YORK (AP) — AMC Theatres, the nation’s largest movie theater chain, will reopen in the U.S. on Aug. 20 with retro ticket prices of 15 cents per movie. That's what will "give the theaters the best shot at drawing in, and more importantly, keeping patrons coming back," he said. AMC La Jolla 12 . AMC CEO says reopening New York theaters is 'a monumental step forward' for battered industry Published Mon, Oct 19 2020 9:24 AM EDT Updated Mon, Oct 19 2020 10:06 AM EDT Sarah Whitten @sarahwhit10 AMC CLASSIC Auburn 14 . Most theatres are now open or will reopen soon! Updated 1034 GMT (1834 HKT) August 20, 2020. Now open! Prices may vary by movie and theatre … The full AMC Safe & Clean plan: https://t.co/ajYqNYREu6 pic.twitter.com/cS3GBnloAx, AMC, the world's largest movie theater chain, is reopening. AMC's three New Orleans-area theaters — AMC Dine-In Clearview Palace 12, AMC Elmwood Palace 20 and AMC Westbank Palace 16 — are on the Aug. 20 list. AMC CLASSIC Dothan Pavilion 12 ... AMC Kabuki 8 . New York Governor Andrew Cuomo said Monday that gyms would reopen in the state later this month, but movie theaters would stay closed. Choose from fan fave films for $99+tax or new releases starting at $149+tax. “As our guests return on our first day of resumed operations on August 20, we invite them to join us in celebrating a return to the movies, and in celebrating 100 years of AMC making smiles happen with movies at 1920 prices of only 15 cents each.”. alabama. His previously published work can be found on TechHive, VentureBeat and Game Rant. The date is set: AMC Theaters will begin reopening Aug. 20. The $0.15 promotion only applies on Aug. 20. The pandemic has put millions of people out of work, so disposable income is limited for many. "I am sure there is a whole group of people who say, 'I cannot live without going to the movies.' Fifteen cents. AMC Theatres Just because Warner Bros. took Christopher Nolan’s Tenet temporarily off the release schedule doesn’t mean that the No. states. Next week, 100 AMC Theatres locations will open for the first time … Over 100 AMC Movie Theaters Reopen Aug. 20. It's also capping theater capacity and upgrading ventilation systems. Select AMC Theaters will reopen Aug. 20 with 15-cent ticket prices. Other films like "Unhinged" and "The New Mutants" are opening sooner, but aren't exactly well-known titles moviegoers are itching to see. Theaters have to convey a sense of safety and cleanliness. AMC Theatres — the world's largest movie theater owner — announced Thursday that it is set to reopen its more than 600 US theaters next month with new safety and health measures to … However, recently, it's developed a … AMC Theatres, the world’s largest cinema chain, will reopen most of its U.S. theaters on July 15, the Leawood, Kan.-based exhibitor said Thursday. AMC Theaters has detailed its plans to reopen movie theaters throughout the US, in addition to a new deadline for its MoviePass-style A-List subscription, in … August 20 marks AMC Theatres 100-year anniversary and they’ll be offering an incredible deal—“Movies in 2020 at 1920 Prices.” It's a monumental moment for theaters and the film industry at large. But on a relative scale, a movie theater is less essential and poses a high risk," Cuomo said. "While movies have traditionally been a bargain compared to other outside the home activities, price matters. All rights reserved. AMC Theatres shared its plans to reopen across the United States on Thursday. AMC and Cinemark Theaters' Stock Surges Following News of COVID-19 Vaccine. Rent an entire AMC Safe & Clean™ auditorium and host a personal movie screening for one or a private party for up to 20 total guests. The company is also giving A-List subscribers until Dec. 1 to reactivate or cancel their account. AMC CLASSIC Dothan 6 . Canadian theaters have already reopened and are showing some of the movies hitting the United States soon — such as "Unhinged" — but attendance has been tepid. AMC shuttered more than 600 movie theaters across the … You can read more on AMC’s website. As the theater chain looks to reopen 100 of its locations on … As we welcome you back and celebrate 100 years of movies at AMC®, our top priority is your health and safety. On Thursday, August 20th, AMC will reopen more than 100 theaters across the country, and plans to open approximately 300 additional theaters by September 3rd, just in time for the release of Tenet. AMC is finally reopening its theaters, and guests will need to spend just 15 cents to get in. “We are thrilled to once again open our doors to American moviegoers who are looking for an opportunity to get out of their houses and apartments and escape into the magic of the movies,” said Adam Aron, CEO and President of AMC Theatres, in a press release on Thursday. Additional theaters will be reopen based on when local and state guidelines allow, the company said. AMC will offer “movies in 2020 at 1920 prices.” Tickets will cost $0.15. AMC is requiring all guests to wear masks under its "Safe & Clean" initiative. Theater chains have to win over consumers who have gotten used to watching movies at home and who aren't sure about the safety of sitting indoors with strangers for hours at a time. Until then, theaters are offering old movies like "Inception" and "Black Panther" to get people in the door. In order to entice moviegoers into risking their lives to see a movie on the big screen (and to celebrate its centennial anniversary), AMC is running a promotion called “Movies in 2020 at 1920 Prices.” Each ticket sold at AMC will cost 15 cents (plus sales tax) on August 20th, though seating capacity will be significantly reduced. AMC CLASSIC Decatur 12 . 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