CitizenVectron Posted May 11, 2020 Share Posted May 11, 2020 https://finance.yahoo.com/news/amc-entertainment-surges-56-report-133822697.html AMC stocks surged 56% on news that Amazon is in talks to take over the company. @sblfilms as someone inside the theatre industry, what kind of effect would this have? This seems to me to be the start of studios owning distribution systems again. Would Disney be next? EDIT - Wait, the source was the Daily Mail, and Deadline is saying there are no talks. So this sounds like it might be bunk. Why would any news source trust the Mail? Quote Link to comment Share on other sites More sharing options...
Chris- Posted May 11, 2020 Share Posted May 11, 2020 No no fucking no Quote Link to comment Share on other sites More sharing options...
Amazatron Posted May 11, 2020 Share Posted May 11, 2020 Probably a great day to unload AMC stock. Quote Link to comment Share on other sites More sharing options...
Guest Posted May 11, 2020 Share Posted May 11, 2020 It's terrible. There is a good reason that vertical integration was broken up in the distribution chain, it's bad for consumers, it stifles competition. Honestly, an AMC bankruptcy would be great because they would divest a LOT of locations which would see those sites move into the hands of new operators. I say this as somebody who just got Amazon to pay him $8k to screen their movie Vast of Night this weekend. They are already using their ridiculous sums of money to buy up screen capacity on films that otherwise wouldn't warrant it! Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted May 11, 2020 Share Posted May 11, 2020 Well better than Disney buying them. Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted May 14, 2020 Share Posted May 14, 2020 Quote Link to comment Share on other sites More sharing options...
SoberChef Posted June 3, 2020 Share Posted June 3, 2020 https://www.cnbc.com/2020/06/03/amc-has-substantial-doubt-it-can-survive-coronavirus-shutdown.html Quote Link to comment Share on other sites More sharing options...
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