AMC Theaters Raise $917M To Avoid Bankruptcy, Make It Through ‘Dark Winter’

No industry has hit harder by the pandemic than movie theaters, and the country’s largest theater chain is trying its best to stay afloat.

AMC Theatres announced Monday it had raised nearly a billion dollars in capital in order to “make it through this dark coronavirus-impacted winter”.

The company says the money will keep theaters operating “deep into 2021” in the hopes that business can recover later this year when more Americans are vaccinated.

How long has it been since you were in a movie theater? Can you remember the last movie you saw?

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