To The Moon

$AMC院線(AMC)$  AMC is a basket case because it is run by an acquisition-obsessed playboy who is used to burning through other people's money. Dalian Wanda wanted Adam Aron precisely because he had the brains to accumulate. But AMC has been losing money for years, long before the pandemic, which is why it's struggling now. The movie industry is already recovering, and consolidation will come when people realise that every streaming service costs few times as much. The days of cheap money are over, profitability is back, and neither the studios nor AMCs can pretend otherwise for long.