Business & Tech
AMC Theatres: 2 Locations In Montgomery County Could Close
The movie theater chain said Wednesday it may not survive the coronavirus pandemic.
GAITHERSBURG, MD — 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."
Montgomery County has two AMC Theatres.
Find out what's happening in Gaithersburgfor 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 Gaithersburgfor free with the latest updates from Patch.
Here are the AMC locations in Montgomery County:
- AMC DINE-IN Rio Cinemas 18
- 9811 Washingtonian Center, Gaithersburg
- AMC Wheaton Mall 9
- 11006 Veirs Mill Rd., Wheaton
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.