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@zippiee:$AMC院線(AMC)$ 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.
$AMC院線(AMC)$ 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.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.