World's biggest theatre chain says it could run out of cash this year

IndianMascot

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The world's biggest movie theatre chain AMC Entertainment has warned that it could run out of money by the end of this year. The American company said attendance has declined 85% since it reopened its US screens in August. AMC, controlled by China's Dalian Wanda Group, said it's exploring several avenues to raise cash including asset sales and joint ventures.

read more at Bloomberg Quint
 
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