AMC To Reopen 'Almost All' Of Its U.S. Movie Theaters In July

AMC plans to reopen most of its theaters in the US and UK with limited capacity and safety measures like sanitizing seats and mandatory face masks for employees. While fewer theaters might reduce transmission risk, more open theaters could attract more viewers. AMC is evaluating which locations to close permanently after reporting a $2 billion revenue loss in the first quarter. Despite this, AMC shares rose by over 14% following the reopening announcement, even as the company expressed doubts about its future due to delayed movie releases.

What is AMC analyzing to determine which theaters to close?

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What impact did the pandemic have on new movie releases according to the text?

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