[VIDEO] I consider myself an AMC customer and enjoy their Stubs premiere membership which one time saved me a lot of money as I built up enough rewards to not pay for tickets or concessions. The only thing I had to pay for after my visit was parking. That cost more than the tickets I think.
Most of the news about what's going on with AMC I get from John Campea and since the start of this pandemic he's been keeping track of AMC's financial health. With the Stubs premiere membership to start with he stated AMC would likely make a profit if that coronavirus hadn't hit. AMC and other theater chains shut down from about March to about August. Like many businesses the film exhibitor industry took a hit because of the lockdowns and changes in consumer behavior.
I don't know how AMC comes out of bankruptcy. Do they recalibrate as most businesses do in this situation? Perhaps they close some locations layoff some people sell some properties. Does another company come in to bail them out or just outright buy them? Will this be the end of the company that was originally founded in Kansas City, Missouri?
We shall see.
