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Thread: World’s Largest Movie Chain Prepares For Bankruptcy – Hollywood Stars Bailout Up Next

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    Sybil Ludington's Avatar Senior Member
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    World’s Largest Movie Chain Prepares For Bankruptcy – Hollywood Stars Bailout Up Next

    President Donald Trump was wrong when he said the US would never be a socialist country. It has been for many years. Just look at not only the results of having the Federal Reserve in place, but also Social Security, Medicaid, Medicare, the abundance of federal grants and loans, and bailout legislation from individuals to banks and corporations… and every single dollar spent is unconstitutional. That’s why AMC Theaters, the world’s largest movie chain’s preparations for bankruptcy should cause us concern. It’s not that their immorality is being put out of business, but that the Hollywood stars that make their millions from movies will eventually be having their hands out for their own bailout most likely.


    In what may end up as the most poetic outcome of the covid crisis, one which has seen Hollywood’s starved-for-attention C-listers take their clothes off in hopes of attracting attention making a political stand for either wearing masks or supporting the one presidential candidate who has all but assured more nationwide lockdowns are coming (because scientists)…

    What could precipitate such an outcome? Well, if the primary source of revenue for Hollywood – namely billions in annual box office revenue – is indefinitely shuttered, then movie studios and producers would have no choice but to apply a very major haircut to those $20 million checks they hand out to the star du jour.


    Ironically, this is the outcome that appears increasingly likely and complies directly with Hollywood’s explicit demands for continued social and economic lockdowns. The reason: AMC Entertainment Holdings, also known as AMC Theaters, the largest movie theater chain in the world, is rapidly running out of cash and is considering “a range of options that include a potential bankruptcy to ease its debt load as the pandemic keeps moviegoers from attending and studios from supplying films” Bloomberg reports.

    Article continued:
    https://www.dcclothesline.com/2020/1...ilout-up-next/

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    TheOneOnly2's Avatar Banned
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    Didn't read article but does China still own it?

    Edit - Wasn't in good shape before pandemic was it?

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    Well, that makes two chains as Regal Cinemas are also closing. Everything is on lockdown, "actors" can't get roles, no roles, no movies, no movies no movie chains. Its all going to TV now.

    I predict huge screen home TV's and dedicated rooms for TV Screens. This will also allow interaction with others and eventually big brother will be watching our every move.

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    Quote Originally Posted by TheOneOnly2 View Post
    Didn't read article but does China still own it?

    Edit - Wasn't in good shape before pandemic was it?
    They were getting by. Certainly not the profits they use to enjoy.
    ΜOΛΩΝ ΛΑΒΕ


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    Why would we bail out Holly-weird?
    ΜOΛΩΝ ΛΑΒΕ


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