- Joined
- Feb 4, 2012
- Messages
- 4,013
- Reaction score
- 8
- Points
- 38
"Shares of AMC Entertainment (AMC) shares fell 27% to $15.18 Wednesday ? hitting an all-time low of $15.15 at one point ? after the nation's largest movie theater chain said it would report a net loss for the April-June period of between $174.5 million and $178.5 million, compared to profit of $24 million during the same period a year ago."
Oh, wait a minute. Those heathen church members are just staying home watching NetFlix in their home theaters in their leather recliners.
"Is Netflix killing the multiplex? Wall Street apparently thinks so."
https://www.usatoday.com/story/money/business/2017/08/02/movie-theaters-getting-pinched-sluggish-box-office-movies-viewing-home/532256001/
Oh, wait a minute. Those heathen church members are just staying home watching NetFlix in their home theaters in their leather recliners.
"Is Netflix killing the multiplex? Wall Street apparently thinks so."
https://www.usatoday.com/story/money/business/2017/08/02/movie-theaters-getting-pinched-sluggish-box-office-movies-viewing-home/532256001/