AMC will wait until August to reopen its movie theaters in the U.S., the company said Thursday. In an email sent to the company's "A-list" members last week, the theater chain announced that movies will resume starting Aug. 20. AMC Theatres, the nation’s largest movie theater chain, will reopen in the U.S. on Aug. 20 with retro ticket prices of 15 cents per movie. Andrew Cuomo said … The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. "We continue to work closely with state and local authorities about the reopening of New York City, which we now hope with increasing confidence is not far away," said CEO Adam Aron. There are several caveats. New York (CNN Business)AMC is finally reopening its theaters, and guests will need to spend just 15 cents to get in. Market data powered by FactSet and Web Financial Group. AMC is bringing back old films since the North American box office has been. The theater chain announced in June that it was set to reopen on July 15, but was delayed to July 30 due to a lack of movies being offered by studios. AMC announced that it would be reopening 12 theaters in the New York area later this week following the announcement over the weekend. AMC and other theater chains have taken on roles as so-called reopening stocks for investors betting on a recovery from the pandemic. A theater can only reopen if it's in a county with a 14-day average COVID-19 positivity rate below 2%. AMC to Start Reopening Movie Theaters in New York on Friday The company will now have cinemas operating in nearly every state in which it has a presence. AMC Entertainment surges on NY theaters reopening Shares of AMC surged Monday after Governor Cuomo announced he was hoping that NY movie theaters would be able to reopen … All times are ET. “When the first wave of more than 100 AMC theatres reopens on August 20 of 2020, moviegoers can again enjoy the magic of the big screen at 1920 ticket prices,” the company said. The larger question might be whether moviegoers feel safe returning to theaters. AMC Theatres has been hit hard financially due to the coronavirus pandemic. AMC just announced many AMC theatres are reopening across the country on or near August 20 with a slew of new cleaning and safety precautions. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. In a sign that moviegoing could be coming back to life in New York, AMC Theatres announced that they will be reopening a dozen locations in New York state by October 23, 2020. New York (CNN Business) AMC Theatres — the world's largest movie theater owner — announced Thursday that it is set to reopen its more than 600 US theaters … New York (CNN Business) AMC is finally reopening its theaters, and guests will need to spend just 15 cents to get in. All rights reserved. Movie theaters have been largely shut down due to Covid-19 concerns since March. Movie times, buy movie tickets online, watch trailers and get directions to AMC DINE-IN Levittown 10 in Levittown, NY. The reopenings are a result of the recent announcement by New York Governor Andrew Cuomo, allowing movie theatres throughout much of the state to reopen. AMC is laboring to get cinemas in the most lucrative market in the state reopened. Returns as of 12/06/2020. AMC is celebrating its 100th year by reopening theaters across the nation on Thursday after closing down because of the coronavirus pandemic. For a complete list of reopening theaters and more information, click here . Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Major theater chains like AMC have been closed since mid-March. Updated 1307 GMT (2107 HKT) August 13, 2020. The theater is attempting to open in time for movies like Tenet and New … The company did not specify which cinemas will turn their lights back on, but promised to release a full list later in the week. The world's largest movie theater chain will reopen more than 100 US theaters on August 20, the company said on Thursday. AMC Theatres shared its plans to reopen across the United States on Thursday. Will audiences go back to movie theaters after the pandemic ends? Social distancing measures must be taken, and theater operators are obligated to raise their filtration, ventilation, and purification standards. AMC Theatres, the nation’s largest chain of movie theaters, says its Upstate New York theaters will reopen Friday. As expected with NYC and LA cinemas still not opened, and Tenet, the first big event pic heading to Aug. 12, the No. A New Age of Adventure is at AMC. Let's conquer your financial goals together...faster. AMC announced this morning that it planning to reopen its multiplexes beginning mid-to-late August instead of the previously announced date of July 30. That county must also be free of cluster zones. We asked an expert if it's safe to go. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. An AMC Theatres location in New York City. Assigned seating will be required at all times, as will the wearing of masks. It was delayed again last month to mid-to-late August. 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See THE CROODS: A NEW AGE on the big screen now! Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. See you at the top! Stock Advisor launched in February of 2002. The largest movie theater operator in the world said the reopenings would occur this Friday, Oct. 23, in line with a state government order. On October 30, AMC guests can return to the movies at high profile locations AMC Metreon 15, AMC Kabuki 8, AMC Eastridge 15, AMC Mercado 20, AMC Saratoga 14, AMC NewPark 12 and AMC Bay Street 16, as well as the all new AMC DINE-IN Sunnyvale 12, a brand new theatre that will open for the first time. Disclaimer. AMC Theatres officially begins its reopening process on Thursday, having taken steps to keep patrons safe after shuttering its theaters worldwide in mid-March due to the ongoing COVID-19 pandemic. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. This article tagged under: Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. NEW YORK - AMC Theatres, the nation's largest movie theater chain, will reopen in the U.S. on Aug. 20 with retro ticket prices of 15 cents per movie.. AMC Entertainment, which owns the chain, said Thursday that it expects to open the doors to more than 100 cinemas — or about a sixth of its nationwide locations — on Aug. 20 with throwback pricing for a day. The world's largest movie theater chain will reopen more than 100 US theaters… Upon reopening, these AMC locations will abide by all state and local ordinances. Eric … Last Saturday, Gov. AMC Entertainment (NYSE:AMC) will turn the lights back on at a host of its cinemas located in New York state. Photo: Noam Galai/Getty Images . "We are thrilled to once again open our doors to American moviegoers who are looking for an opportunity to get out of their houses and apartments and escape into the magic of the movies," Adam Aron, AMC's CEO, said in a statement on Thursday. AMC Theatres, the world’s largest exhibitor, has unveiled plans to re-open after coronavirus forced it to close its more than 600 venues in the U.S. for nearly four months. New York Gov. MORE: 'Mulan' to debut on Disney+. That includes requiring all guests to wear masks, lowering theater capacity and upgrading ventilation systems. Andrew Cuomo announced they could start to reopen on Oct. 23. Tickets for films like "Inception," "Black Panther," "Back to the Future" and "The Empire Strikes Back" will cost $5. The theaters are: AMC Danbury 16, in Danbury, and AMC Plainville 20, in Hartford. Most stock quote data provided by BATS. Factset: FactSet Research Systems Inc.2018. The existence of movie theaters is in question. One notable absence from AMC's reopening lineup of films is Disney's ". All told, 12 AMC theaters will throw open their doors on that day. Get Tickets Watch Clip. Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. CEO & President of AMC Theatres, Adam Aron, talks about the differences you can expect to see when you return to theatres. AMC Theaters to reopen in July with new guidelines. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. All rights reserved. AMC Says ‘Almost All’ U.S. AMC Theatres on Friday said it won't reopen its 630-plus U.S. locations until there is new Hollywood product about to roll out. Next week, 100 AMC Theatres locations will open for the first time … AMC said that it's implementing new safety and health measures to help keep moviegoers safe and curb the spread of coronavirus. AMC, the world’s largest movie theater chain, is delaying its reopening yet again as Hollywood studios push back the release of their planned … A native New Yorker, he currently lives in Los Angeles. After opening day, tickets will still be available for cheaper than usual. Andrew Cuomo announced that cinemas in certain areas outside New York City could resume operations starting Friday. Cinemas that are allowed to open can do so only at 25% maximum capacity, with no more than 50 customers allowed for each screening. But now it appears that AMC will finally reopen since some new films like Disney's "New Mutants" on August 28 and "Tenet" on September 3 are set, at least for now, to be released. The company, which was founded in Kansas City, Missouri, in 1920, is also offering discounts on concessions like popcorn for $5 through the end of October. The cast and director of the new buddy comedy, HALF BROTHERS share how their film balances humor and the authentic story of fatherhood and family. Cumulative Growth of a $10,000 Investment in Stock Advisor, AMC to Start Reopening Movie Theaters in New York on Friday @themotleyfool #stocks $AMC, Analysts: AMC, Cinemark, Netflix Won't Suffer Greatly From Warner Bros.' 2021 Streaming Scheme, Why AMC Entertainment, Cinemark, and Marcus Crashed Hard Today, Why AMC Entertainment Stock Soared 81% in November, AMC Entertainment Tapping Equities Market for Cash With 200 Million Share Offering, Copyright, Trademark and Patent Information. 'Mulan' is finally heading to Disney+... for $30. AMC Theatres will reopen select locations starting on Aug. 20 with more cities opening on Aug. 27 and Sept. 3. Approximately a dozen AMC locations are expected to resume operations this Friday, primarily in portions of Upstate New York and on Long Island. Find everything you need for your local movie theater near you. Initial opening expectations … Theaters Will Reopen in July The chain reported that it lost more than $2 billion in the most recent quarter, when the pandemic essentially stopped theatergoing. In order to commemorate its centennial, AMC closed all of its theaters in the US in March as the pandemic took hold, and the reopening has been. AMC said that assuming some of its New York theaters reopen as planned on Friday, it will be operational in 44 of the 45 states in which it has a presence. AMC Entertainment CEO Adam Aron on reopening plan Movie theaters, thrashed by the pandemic, received some hope after New York Gov. The world’s first family is in search of a new home when they meet a rival crew, The Bettermans. Should all go well, the … have been delayed this year because of the outbreak. Reportedly, the chain has lost upwards of $2.4 billion because of the shutdown. If you’ve missed going to the movies, the wait is finally over! An Authentic Comedy.
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