Business & Tech

AMC Theatres: Marina Del Rey Location Could Close

The movie theater chain said Wednesday it may not survive the coronavirus pandemic.

The movie theater chain is doubting it can survive following forced closures during the coronavirus pandemic.
The movie theater chain is doubting it can survive following forced closures during the coronavirus pandemic. (AP Photo/Paul Sancya)

MARINA DEL REY, CA — 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.”

Your Patch has one AMC Theatres location at 4335 Glencoe Ave., Marina del Rey.

Find out what's happening in Marina Del Reyfor 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 Marina Del Reyfor 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.

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