-
AMC Still Seeking $550 Million Lifeline as Stock Price Closes at Record Low
On Tuesday, AMC shares fell to a 52-week intraday low of $1.91 per share and closed at a record low of $1.98 per share.
-
Movie Theater Owners Are Frustrated About Streaming, But Their Survival Depends on Studios
The symbiotic relationship between studios and movie theaters remains intact despite coronavirus-related disruptions to the film industry.
-
AMC Hopes to Raise $125 Million in Fresh Funding Round as It Fights Bankruptcy
In an effort to stave off bankruptcy, AMC has made an additional 50 million shares available for sale.
-
Stocks Making the Biggest Moves Midday: AMC, Levi Strauss, Dynatrace, AstraZeneca & More
Check out the companies making headlines in midday trading.
-
Stocks Making the Biggest Moves Premarket: AstraZeneca, Intel, Caterpillar, Alibaba & More
These are the stocks posting the largest moves before the bell.
-
Streaming Got Its First Big Test Against Theatrical Releases This Weekend, and ‘Wonder Woman' Delivered on Both
“Wonder Woman 1984” set a pandemic theatrical release record with $16.7 million in box office sales in the U.S. and Canada.
-
Independent Theaters and Arts Venues Among Many Left Hanging as Trump Threatens Covid Relief Bill
The legislation sets aside $15 billion for grants to entities that include museums and zoos. It caps a long push for the bipartisan Save Our Stages Act.
-
AMC Could Benefit From Bankruptcy, Analysts Say
For AMC, the world’s largest cinema chain, bankruptcy could be the best option to survive the coronavirus pandemic.
-
Disney+ Emerges as an Early Winner of Streaming Wars, Expects Up to 260 Million Subscribers by 2024
The company now expects 230 million to 260 million subscribers to Disney+ by 2024.
-
AMC Secures $100 Million Investment, But Bankruptcy Concerns Still Loom
AMC secured a $100 million investment from Mudrick Capital Management, but it won’t be enough to solve liquidity issues.
-
WarnerMedia Won't Cause an Industry Shake-Up: Other Studios Unlikely to End Theatrical Window in 2021
WarnerMedia’s biggest legacy media streaming rivals will probably let HBO Max be the industry’s guinea pig with its 2021 movie release strategy.
-
PubMatic, a 14-Year-Old Ad Tech Company, Pops Nearly 50% on IPO
Ad-tech company PubMatic shares popped after the company launched its initial public offering Wednesday. Here’s why the company went public now.
-
Your Movie Theater Experience Is Going Extinct
WarnerMedia announced Thursday that its 2021 movie releases will debut simultaneously in theaters and on HBO Max.
-
Discovery CEO David Zaslav: Winners and Losers of Streaming Wars Will Be Determined in Next 12 to 24 Months
Discovery CEO David Zaslav told CNBC he expects the next 12 to 24 months to be “put up or shut up” for all media companies with streaming services.
-
After Warner Bros.: The New Long-Term Deal Hollywood Studios, Movie Theaters and Netflix Need
Warner Bros. 2021 movies going on HBO Max at same time as in theaters comes as a major Hollywood producer forecast the future of the multiplex in streaming era.
-
Warner Bros. Will Launch Every 2021 Movie on HBO Max at the Same Time They Hit Theaters
It’s an example of how AT&T is adapting to the coronavirus pandemic.
-
WarnerMedia CEO Jason Kilar Doesn't Think He Just Destroyed the Movie Theater Industry
WarnerMedia CEO Jason Kilar refused to say if his decision to put all 17 of Warner Bros. movies on HBO Max the same day they hit theaters will go beyond next year.
-
Investors Try to Gauge If Retail's Stay-At-Home Trends Will Stick as Covid Vaccine Is in Sight
Investors are getting nervous about whether retailers like Best Buy and Home Depot that have benefited from stay-at-home trends can sustain their momentum.
-
Universal Signs Deal With Canada's Largest Cinema Chain to Shorten Theatrical Window
Universal and Cineplex reached a multiyear agreement to shorten the theatrical window from three months to as little as 17 days.
-
What to Watch Today: Wall Street Under Pressure After Dow's Record Close
Dow futures dropped Tuesday after two names in the 30-stock average, Home Depot and Walmart, reported earnings.