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September 25, 2021

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Theater chain AMC to accept other cryptocurrencies along with bitcoin

Reuters
A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 16 (Reuters) – AMC Entertainment Holdings Inc (AMC.N) boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among......

Media queen Shari Redstone’s ViacomCBS mega-merger a mess

NYPost
Charles Gasparino ViacomCBS chairwoman Shari Redstone is now in the hot seat after letting both iconic media brands fall in market value as she desperately searches for a buyer. Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click......

AMC is hoping sales at the box office reach $5.2 billion, here’s why that’s a big ask

CNBC
CNBC – For more and to sign up click here Noam Galai | Getty Images Entertainment | Getty Images AMC Entertainment CEO Adam Aron has set an optimistic target for the 2021 domestic box office. During an earnings call Monday, Aron said AMC could post positive cash flow at the......

AMC Entertainment will have technology to receive bitcoin as payment by year-end – CEO

Reuters
An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri Aug 9 (Reuters) – Cinema operator AMC Entertainment (AMC.N) will have the technology in place to receive payment in bitcoin by the end......

AMC says it will accept bitcoin as payment for movie tickets by year-end

CNBC
CNBC – For more and to sign up click here A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. Mandel Ngan | AFP | Getty Images AMC Entertainment said Monday it will start accepting bitcoin as payment for movie tickets and concessions if......

AMC reaches deal with Warner Bros. for 45 days theatrical exclusivity in 2022

CNBC
CNBC – For more and to sign up click here AMC Entertainment has reached an agreement with Warner Bros. to showcase all of the studio’s 2022 slate in theaters for 45 days. The world’s largest theater chain had balked at Warner Bros.’ decision to release this year’s films in cinemas......

Stocks making the biggest moves midday: The RealReal, Planet Fitness, AMC and more

CNBC
CNBC – For more and to sign up click here The RealReal exterior Soruce: CNBC Check out the companies making headlines after the bell on Monday. Kansas City Southern — The railway holding company is up 6.2% amid reports that Canadian Pacific Railway is planning to make an increased offer......

‘Meme stock’ AMC Entertainment beats quarterly revenue estimates

Reuters
An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, U.S., June 2, 2021. REUTERS/Carlo Allegri Aug 9 (Reuters) – Cinema operator AMC Entertainment (AMC.N) beat second-quarter revenue estimates on Monday, lifted by the return of moviegoers to its theaters after a......

AMC posts narrower-than-expected loss, but CEO warns theater chain ‘isn’t out of the woods yet’

CNBC
CNBC – For more and to sign up click here The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images Shares of AMC Entertainment rose 4% after the company posted a narrower-than-expected loss during the second quarter. Here’s what the company......

AMC Entertainment shares up almost 25% as trading volume climbs

Reuters
Closed signs are seen on an AMC Theatre during the outbreak of the coronavirus disease (COVID-19), in New York City, U.S., April 29, 2020. REUTERS/Brendan McDermid July 20 (Reuters) – Shares in AMC Entertainment (AMC.N) closed up 24.5% on Tuesday after a late session volume spike boosted the cinema operator......

AMC signs deal to lease the Grove and Americana, two of Los Angeles’ top-grossing cinemas

CNBC
CNBC – For more and to sign up click here A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. Mandel Ngan | AFP | Getty Images AMC Entertainment, the worlds largest cinema chain, is adding two more Los Angeles locations to its roster.......

AMC Networks settles ‘Walking Dead’ lawsuit with filmmaker Frank Darabont, CAA for $200 million

CNBC
CNBC – For more and to sign up click here Walkers from “The Walking Dead” Source: AMC AMC Networks has settled a lengthy legal dispute with filmmaker Frank Darabont and the Creative Artists Agency for $200 million over the cable network owner’s long-running zombie series “The Walking Dead.” This settlement......

Stocks making the biggest moves premarket: Moderna, Didi, BioNTech, AMC and others

CNBC
CNBC – For more and to sign up click here These are the stocks posting the largest moves before the bell. Source – Click here for more To Return to the Main Aggregate News Page – click here...

AMC, GameStop shares fall to half of their June peaks

Reuters
July 14 (Reuters) – Shares of cinema operator AMC Entertainment (AMC.N) and video game retailer GameStop Corp (GME.N) fell sharply on Wednesday and were both trading below half their recent peak prices, testing the fortitude of the stocks’ retail shareholders. AMC, in its fourth straight day of losses, closed down......

AMC says it won’t seek shareholders approval to boost shares outstanding

CNBC
CNBC – For more and to sign up click here Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC AMC Entertainment said Tuesday that it has tabled a proposal that would have asked its shareholders to allow the movie theater chain to issue up to......

AMC shares fall after Iceberg Research discloses short position

Reuters
An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri July 2 (Reuters) – AMC Entertainment (AMC.N) shares fell as much as 12% on Friday after short-seller IcebergResearch tweeted that it had made......

How SEC boss should deal with ‘meme’ stock schemes

NYPost
Charles Gasparino SEC boss Gary Gensler has his eye on regulating the “gamification” of meme-stocks like AMC and Gamestop, but there is an easier, simple way to stop wild speculations, Charles Gasparino writes. Source – For more click here To Return to the Main Aggregate News Page – click here......

Meme stocks hit a wall on Thursday with GameStop, AMC and Clover down big

CNBC
CNBC – For more and to sign up click here The WallStreetBets forum on the Reddit Inc. website on a laptop computer and the logo on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images The meme-stock mania created......

Cramer says he’s ‘not against’ GameStop, AMC at current trading levels

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Wednesday that shares of GameStop and AMC Entertainment are within buying range, but cautioned investors who got in on the stocks lower to protect profits from a big run. “I’m not against [buying] GameStop or AMC......

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