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0 -0.00227064220183487 -0.0137614678899084 -0.0137614678899084 -0.0160550458715597 0.00229357798165133 0.00229357798165133 0.00229357798165133
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AMC Theatres Responds to Universal Studios Comments About Simultaneous Theatrical and Home Release

AMC Entertainment Holdings, Inc. Class A (AMC) 
NASDAQ:AMEX Investor Relations: investor.amctheatres.com
Company Research Source: Business Wire
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres (NYSE:AMC) today sent the following communication on letterhead to Universal Studios:Donna LangleyChairmanUniversal StudiosDear Donna,At this time of national emergency and the coronavirus wreaking havoc on the entire world, I hope that you and your loved ones are healthy and safe. I worry – and I wish the best for – the health of all of our industry colleagues. Never in our lifetimes has there been a more challenging time.Amidst a global pandemic as a backdrop, I wish we were spared from also having to address a different issue that arises from Universal actions currently underway.For 100 years, AMC Theatres has served as a strategically critical and highly profitable distribution platform for movie makers, and for all that time the exclusivity of the theatrical release has been fundamental. When a movie is “Only in Theaters,” consumers perceive it to be higher quality entertainment. Countless filmmakers and moviegoers believe that the Show less Read more
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