News

The struggles of AMC, the world’s largest theatre chain, were laid bare in its latest results. In 3 months to September it lost $901 million, and US ticket sales plunged 97%.

The number of visitors to cinemas owned by AMC, the world’s largest theatre chain, has fallen 90% year-on-year, and its revenue has plummeted to match. The company on Monday reported a pre-tax loss of $US901 million in the quarter. AMC sold just 6.5 million tickets in the quarter, down from […]
The struggles of AMC, the world’s largest theatre chain, were laid bare in its latest results. In 3 months to September it lost $901 million, and US ticket sales plunged 97%.
Markets

Village Roadshow shares are getting crunched

Shares in Village Roadshow fell sharply after the entertainment group posted a net loss of $6.7 million for the six months to December, partly due to a fatal accident at a competitor’s theme park on the Gold Coast. A short time ago, they were down 12.2% to $3.31. Revenue was […]
Village Roadshow shares are getting crunched