Amazon (Bezos) wants to buy it cheap to control more content downstream
Luckily after it dropped I bought stock ( a goodly but not huge amount), made about 150% when it rebounded, then sold
so much sad collateral damage due to the COVID19 extortion racket
I bet they could spend a few million to convince the governors of each state to allow them to reopen. After going easy on rioters, professional sports and peaceful demonstrators (BLM, Antifa, etc,) then only churches would be restricted from resuming normal operations.
And thats a bad thing why? Ban the company until it is an American Company again, under American Ownership. Why are we letting the filthy PRC Communist enemy buy up our corporations? We didnt let the CCCP do it during the Cold War
China is buying-up America on the cheap right now.
The CCP virus was an act of war.
Haven’t been to a theater or watched a movie in at least 10 years....without teehee for 8 years. Life is great. DEPROGRAM yourself.
If AMC fails, somebody will form a new company. That’s Capitalism. K-mart and Sears used to be everywhere. Now they’re dead. But now we have Amazon. Funny Sears was the 19th and 20th Century version of Amazon. Mail order catalogs.
Movie theaters are an archaic remnant of the nickelodeon era.
The last time I was in the theater is when I took my kids to see ET.
What will we do without hollyweird stars to tell us what to think?/s
You think this makes them go away? They become Youtube/Netflix/Disney+/ Amazon stars. AMC Is owned by the Chinese. Let them close!
l8r
Less money going to the leftist, democrats in hollywood is always a good thing.
JoMa
IMO, more than 40% of USA businesses will be gone by March of next year.
New businesses will replace alot of them, but the bankruptcy courts will be overwhelmed.
Tax income will fall.