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Will The Movies Be More Expensive Once Theaters Reopen? Here’s What Could Happen

  • August 13, 2020

It’s no secret that chains, including AMC Theatres, have suffered massive losses since the effects of COVID-19 have swept the globe. AMC reportedly lost over half a billion dollars in its recent financial quarter, but its CEO, Adam Aron, remained optimistic about the future while on a business call with investors and analysts, per Variety. Fresh off striking a major and game-changing deal with Universal, Aron declared the company has “survived the corona crisis,” before alluding to potential price hikes for theatergoers due to the chain’s new cleaning and safety policies.

Article source: https://www.cinemablend.com/news/2552389/will-the-movies-be-more-expensive-once-theaters-reopen-heres-what-could-happen

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