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AMC Entertainment Swings to $27 Million Loss on Weaker Box Office

Variety
Story by Varietybrentlang
from Variety
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AMC posts hefty $27M loss as blockbusters disappoint, signaling trouble in the theater biz
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  • AMC's latest quarter saw a $20.7M loss, a far cry from the $12.3M profit it posted a year ago, underscoring the ongoing struggles of the world's largest cinema chain
  • Despite the hype around summer releases like
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Deadpool, Wolverine, AMC Entertainment, Deadpool & Wolverine, Twisters
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