AMC Entertainment shares fell almost 18% to close at $3.19, with Cinemark stock also taking a hit after a report that Cinemark has expressed interest in operating select AMC venues.
25.11.2020 - 02:51 / deadline.com
The Pioneers Assistance Fund’s Covid-19 relief effort has helped more than 8,000 movie theater workers with nearly $3 million in grants during the pandemic. The fund, which is part of the Will Rogers Motion Picture Pioneers Foundation, is chaired by Chris Aronson, Paramount’s president of distribution.
The overwhelming majority of financial assistance disbursed by the fund is going to ticket-takers, concession workers, projectionists and ushers who work, or formerly worked, at movie theaters
AMC Entertainment shares fell almost 18% to close at $3.19, with Cinemark stock also taking a hit after a report that Cinemark has expressed interest in operating select AMC venues.
Felicity Jones is talking about becoming a mother for the first time in a rare candid interview.
Don’t fret yet, stans! Harry Styles isn’t off the market, though he could be soon!
Even royals send the occasional accidental tweet.
Manchester Evening News , daughter Tracy Keelan, 43, said: “We’re not saying cancer patients are more important than Covid patients, they should be treated equally. “Why are cancer patients not worthy of having NHS treatments but Covid patients are?“Mum worked for the NHS and worked for them for 17 years. She absolutely loved her job; it was her life. “When she needed it the most, the NHS let her down. “It does feel like cancer patients have been scarified.
"Saturday Night Live" this weekend did several sketches on the coronavirus, including one about last week's Staten Island, N.Y., demonstration following the arrest of a bar owner who allegedly defied government restrictions on indoor dining.
direct to your inboxCalls have been made for almost £2bn in business rates relief handed back by major retailers to be used to help millions of workers excluded from financial aid during the Covid-19 pandemic.Supermarket chains Tesco, Asda, Aldi, Morrisons, Sainsbury’s, and B&M have agreed to repay a combined £1.8bn tax break funded through the public purse.Tesco chairman John Allan said the company was ‘conscious of our responsibilities to society’ and hoped the money would go to businesses and
Dave McNary Film ReporterAMC Entertainment Holdings has filed to raise up to $844 million by selling stock as the exhibitor struggles to stay afloat during the COVID-19 pandemic.The S-3 filing with the Securities and Exchange Commission said AMC plans to sell up to 200 shares at an estimated offering price of $4.22 per share, based on trading Nov. 30.
in Harpurhey as bosses say they are seeing levels of destitution they have never seen before due to the effects coronavirus has had on people's jobs and livelihoods.
NATO has urged Congress to pass a stimulus plan to aid movie theaters and other entertainment industry businesses, warning that 70% of theaters will go bankrupt if they do not receive another round of federal aid by next spring. While theaters were able to take advantage of the Paycheck Protection Program and other services passed through the CARES Act last summer, most of those programs have since expired and thousands of theaters have closed in the U.S.
Rebecca Rubin Film and Media ReporterRobert De Niro, Viola Davis, Al Pacino, Jennifer Lawrence and more Hollywood stars have expressed gratitude to Sen. Chuck Schumer for advocating on behalf of movie theaters and “working to ensure the survival of New York’s critical arts and culture institutions.”Schumer has been a vocal supporter of the bipartisan Save Our Stages act, which would provide $15 billion in grants for arts and entertainment venues.
Click here for more news from the Airdrie and Coatbridge Advertiser“Families, loved ones, friends and carers have been magnificent and it’s important they understand just how grateful we are for their assistance and compassion.”South Lanarkshire counterpart Val de Souza added: “The significant challenges since the onset of the pandemic led to both partnerships prioritising careat home services for the most vulnerable, and we’re hugely grateful for the support we have received from our
Even before the coronavirus hit the U.S., Jeffrey Newman and Jayson Conner were committed to helping the homeless. But as New York City started shutting down in March, the couple knew they had to work even harder to help those in need. “We knew we were an essential service,” Newman told Fox News.
Dade Hayes Finance EditorStocks in U.S. movie theater circuits AMC and Cinemark staged rallies today after more positive COVID-19 vaccine news as well as a new financial lifeline for Cineworld.The UK-based Cineworld, parent of Regal Cinemas, said it secured a $450 million credit facility and an overall infusion of $750 million.