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Wednesday, November 23, 2022

AMC, Cinemark Stocks Jump After Report of Amazon Studios’ Plans to Commit $1 Billion to Theatrical Releases

The stock price of AMC and Cinemark, two of North America’s largest exhibition circuits, jumped following a report published by Bloomberg claiming that Amazon Studios is gearing up for a major investment in its theatrical slate. Bloomberg’s report cited unnamed sources behind its claim that the eCommerce giant’s movie business would be investing up to […]

The post AMC, Cinemark Stocks Jump After Report of Amazon Studios’ Plans to Commit $1 Billion to Theatrical Releases appeared first on Boxoffice.



from Boxoffice

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