By continuing to use the site you agree to our Privacy & Cookies policy

AMC says it will close 249 more US screens in 2001

Publicly traded US exhibitor AMC Entertainment is to close 249 screens this year in addition to the 66 it has already said it will close. The closures come the day after AMC reported a $63.6m net loss for the fourth quarter ending March 29 on revenue of some $290m.Losses in the year ending March 29 totalled $105.9m, reflecting an industry-wide depression which results from dramatic overbuilding and a series of bankruptcies.AMC controls 2,766 screens in about 180 sites ...

Restricted Content

Registration is required to read the entire article and to gain access to other restricted areas of the website

This content is for registered users only

To check that you are registered please enter your email address below

Our records show you are already a registered user. Please sign-in with your password...

By continuing to use the site you agree to our Privacy & Cookies policy

Not a Screen International subscriber?

Sign up today for immediate and complete access to ScreenDaily.com and Screen International magazine for as little as £19.95 a month!

newsletter+promo