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AMC eyes ArcLight theaters. What about the Cinerama Dome?


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AMC Entertainment, owner of the world’s largest theater chain, is eyeing cinema locations previously operated by ArcLight Cinemas and Pacific Theatres.
In a Tuesday filing, AMC Chief Executive Adam Aron said the company is “in discussions” with “multiple landlords” of locations previously operated by the popular Los Angeles-based circuits.
The Leawood, Kan.-based company on Tuesday said it reached an agreement to raise $230.5 million in cash by selling equity to investment firm Mudrick Capital Management, exchanging 8.5 million shares at a price of approximately $27.12 per share.
AMC said it would use the cash to acquire additional theater leases and improve existing locations. The deal differs from AMC’s multiple previous capital-raising efforts during the pandemic, which were intended to keep the company out of bankruptcy court as theaters suffered from closures, restrictions and a lack of new Hollywood movies.

Hollywood , California , United-states , Burbank , Santa-monica , Century-city , Culver-city , Williamr-forman , Edgar-wright , Rian-johnson , Adam-aron , Los-angeles

AMC's 'Apes' Gave It a Lifeline. Now, Its CEO Wants to Use the Meme Frenzy as a Springboard for Growth – NBC Bay Area


By Sarah Whitten, CNBC •
Updated 2 hours ago
Angela Weiss | AFP | Getty Images
AMC has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.
Since the January stock surge, some retail investors have used social media to attack anyone who shares negative opinions of AMC.
AMC Entertainment made a gutsy move Tuesday. The movie theater chain has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.

Los-angeles , Adam-aron , Bloomberg , Youtube , Twitter , Comcast , Dian-fossey-gorilla-fund , Gamestop , Memorial-day , Mudrick-capital , Arclight-cinemas , Pacific-theatres

AMC Wants to Buy ArcLight and Pacific Theatres Venues – /Film


Posted on Tuesday, June 1st, 2021 by Chris Evangelista
The pandemic has taken a toll on movie theaters. Earlier this year, it was announced that the Los Angeles 
ArcLight Cinemas and
Pacific Theatres would be closing for good, including the famous Hollywood Arclight multiplex on Sunset Boulevard and its iconic Cinerama Dome. The news upset cinephiles, and now here’s some more news that might not sit so well.
AMC Theatres is in the midst of talks to acquire ArcLight Cinemas and Pacific Theatres venues.
AMC is the biggest theater chain in both the world and the United States, but that doesn’t mean they’re the best theater chain around. In fact, many AMC locations are, to put it bluntly, dumps. So the news that AMC is looking into buying the shuttered ArcLight and Pacific venues is bound to upset folks who cherish those institutions and don’t want AMC anywhere near them.

Hollywood , California , United-states , Los-angeles , Adam-aron , Gamestop , Arclight-cinemas , Pacific-theatres , Hollywood-arclight , Sunset-boulevard , Mudrick-capital , Amc-theatres

AMC's 'Apes' Gave It a Lifeline. Now, Its CEO Wants to Use the Meme Frenzy as a Springboard for Growth – NBC 5 Dallas-Fort Worth


By Sarah Whitten, CNBC •
Updated 2 hours ago
Angela Weiss | AFP | Getty Images
AMC has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.
Since the January stock surge, some retail investors have used social media to attack anyone who shares negative opinions of AMC.
AMC Entertainment made a gutsy move Tuesday. The movie theater chain has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.

Los-angeles , Adam-aron , Bloomberg , Youtube , Twitter , Comcast , Dian-fossey-gorilla-fund , Gamestop , Memorial-day , Mudrick-capital , Arclight-cinemas , Pacific-theatres

AMC's 'Apes' Gave It a Lifeline. Now, Its CEO Wants to Use the Meme Frenzy as a Springboard for Growth – NBC Connecticut

AMC has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.

Los-angeles , Adam-aron , Bloomberg , Youtube , Twitter , Comcast , Dian-fossey-gorilla-fund , Gamestop , Memorial-day , Mudrick-capital , Arclight-cinemas , Pacific-theatres

AMC's 'Apes' Gave It a Lifeline. Now, Its CEO Wants to Use the Meme Frenzy as a Springboard for Growth – NBC 7 San Diego


By Sarah Whitten, CNBC •
Updated 2 hours ago
Angela Weiss | AFP | Getty Images
AMC has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.
Since the January stock surge, some retail investors have used social media to attack anyone who shares negative opinions of AMC.
AMC Entertainment made a gutsy move Tuesday. The movie theater chain has pivoted back to an offensive strategy on a bet that its retail investors will stick with the company long enough for it to recoup its pandemic losses.

Los-angeles , Adam-aron , Bloomberg , Youtube , Twitter , Comcast , Dian-fossey-gorilla-fund , Gamestop , Memorial-day , Mudrick-capital , Arclight-cinemas , Pacific-theatres

AMC Raises Millions

The largest movie theater chain in the world, AMC (NYSE: AMC), recently announced that it raised $230.5 million from a share sale to Mudrick Capital. This announcement had the stock up and trading around $30 per share in the early afternoon...

United-states , Americans , American , Paul-dergarabedian , Adam-aron , Monica-savaglia , Comscore , Memorial-day , Arclight-cinemas , Mudrick-capital , ஒன்றுபட்டது-மாநிலங்களில் , அமெரிக்கர்கள்

There is Hope for American Cinemas - WiredPRNews.com

A year ago it seems incomprehensible: on Memory Day holiday, a single film had a good opening weekend at the North American box office. After 15 month

Hollywood , California , United-states , American , Owen-gleiberman , Leku-lasaia-iithe , Adam-aron , Disney , Memory-day , North-american , Leku-lasaia , Memorial-day