The largest network of cinemas in America, AMC Theatres will filing for bankruptcy – the company went bankrupt due to a pandemic coronavirus.
All the AMC theaters were closed from mid-March and you can earn up to June. Other establishments, such as restaurants, can earn at the expense of delivery of take-away food, but the cinema chain more affected by the coronavirus, because it does not work at all and is no longer able to pay the rent.
AMC Entertainment is actively exploring the possibility of filing for bankruptcy. Also, the network is negotiating about hiring law firms on bankruptcy, Weil Gotshal, reports The New York Post.
Currently, there are about thousands of AMC cinemas.
