Business & Tech
AMC Theatres: 54 Locations In California Could Permanently Close
The movie theater chain may not survive the coronavirus pandemic.
AMC Theatres said Wednesday it has “substantial doubt” the company can remain in business after the coronavirus pandemic forced the closure of all of its locations.
In a regulatory filing, AMC officials said the company is generating “effectively no revenue.”
California has 54 AMC Theatres.
Find out what's happening in Across Californiafor free with the latest updates from Patch.
All AMC locations are closed through June, and the company said it has enough money to reopen theaters this summer. However, if not allowed to reopen, the company said, it may be unable to borrow the funds needed to continue operating.
Even when theaters are allowed to reopen, AMC predicts it will still have problems should entertainment companies decide to delay the release of new films.
Find out what's happening in Across Californiafor free with the latest updates from Patch.
AMC has 1,000 locations across the globe, with more than 11,000 screens, according to its website.
In California, AMC has one or more theatres in these cities:
- Anaheim
- Apple Valley
- Arcadia
- Bakersfield
- Bonsall
- Brentwood
- Burbank
- Chula Vista
- City Of Industry
- Covina
- Emeryville
- Fullerton
- Glendora
- Irvine
- La Jolla
- La Mirada
- Long Beach
- Los Angeles
- Manteca
- Marina Del Rey
- Montebello
- Monterey Park
- National City
- Newark
- Norwalk
- Ontario
- Orange
- Poway
- Rancho Cucamonga
- Redondo Beach
- Riverside
- San Diego
- San Francisco
- San Jose
- Santa Clara
- Santa Monica
- Temecula
- Thousand Oaks
- Torrance
- Tustin
- Universal City
- West Hills
- West Hollywood
- Woodland Hills
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