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“Reopening plans include a wide range of new health and safety measures that adhere to the latest CDC and public health guidelines, including innovative sanitization procedures, new social distancing protocols, and mandatory mask policies for Regal employees and guests,” Regal’s VP of communications Richard Grover wrote in a statement. Regal will similarly be showing new releases and a selection of classic movies. While Regal Ninth Street Cinemas is not yet open, it should follow its many other locations in opening soon.īoth theaters offer online payment and concession ordering and require face masks anywhere inside the theater, except when eating or drinking.ĪMC Classic’s current line-up includes a few new releases, such as Tenet, Unhinged, and the New Mutants, as well as a few familiar films such as Dirty Dancing. AMC Classis is already open for movie showings at a 40 percent capacity. With the focus now on reopening, AMC is “operating with the highest devotion to the health and safety,” he said.The two chain movie theaters in Corvallis, AMC Classic and the Regal Ninth Street Cinemas, have varying timelines for re-opening. “It was exactly one year ago that we closed all AMC locations in the United States,” chief executive officer Adam Aron said in the statement late Wednesday. It came up with a rescue package early in the year that allowed it to survive for most of 2021, even if the business doesn’t improve. The Leawood, Kansas-based company lost $4.6 billion in 2020. When AMC and other movie theater chains began reopening at the end of last summer, they faced capacity regulations and a dearth of new movies to screen as Hollywood studios delayed their biggest films. For example, California said movie theater capacity must be limited to 25 percent or 100 people, “whichever is less,” while in New York the limit is simply 25 percent.Īdditionally, all AMC theaters will reopen with its pandemic-era safety protocols, which encompasses mandatory mask wearing, enhanced cleaning, contactless ticket and concession purchases and spaced out seating.ĪMC, which has over 630 theaters in the US, was forced to close all its doors during the pandemic and repeatedly came close to filing for Chapter 11. AMC said it foresees 52 of its 54 locations in the state to be open as of March 22 “once proper local approvals are in place.”ĪMC theaters are reopening with limited capacity, which vary based on state regulations. This week’s reopening will include all 25 of its Los Angeles county theaters and all eight of its San Diego county theaters in California.
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Shares of AMC rose nearly 6 percent to $14.35 in early Thursday trading on the news.ĪMC’s shares have surged more than sixfold this year during the “Reddit Rally” that has also boosted shares of previously down-and-out names including GameStop.ĪMC said it would open 98 percent of its US theaters by Friday and that by March 26, 99 percent of its doors would be open. AMC CEO Adam Aron unloads another $7M in shares, promises no more sellingĪMC CEO Adam Aron says he will try to refinance expensive debtĪMC and Sony to offer NFTs to people who buy advance Spider-Man ticketsĪMC, the world’s largest movie theater chain, said it will open nearly all of its US locations starting Friday, marking a significant milestone for the company that narrowly avoided bankruptcy amid the pandemic.