This comes after Cineworld announced it will be temporarily closing its doors again, which includes all of its Regal locations in the U.S. AMC is the largest movie theater chain in the country, with Cinemark sitting at number three.
This is because AMC will share in premium revenues coming from their early availability in the home.”
At least for now, two major theater chains are staying open in the U.S. AMC Theatres and Cinemark have announced that they have no plans to close even though most major movies have recently pushed their release dates well into 2021.
Cinemark, meanwhile, has to rely on the box office, which has more or less been on life support.