AMC Entertainment Holdings Inc is a leading name in the movie theater industry, primarily known for showing films across a vast network of theaters. With roots stretching back to 1920, AMC has ...
The mega-exhibitor teased plans to invest up to $1.5 billion in theater upgrades over the next four to seven years as part of a "Go Plan" to formally unveiled on Thursday.
But despite the success of those recent film releases, AMC still faced a decline in attendance. In the U.S., movie theater attendance shrunk by almost 9% year-over-year during the quarter.