AMC Is Renting Out Its Theaters For Private Showings Starting At $99

BYCole Blake3.8K Views
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AMC, Movies, Coronavirus
AMC is now letting customers rent out their theaters to maintain business during the COVID-19 pandemic.

AMC is allowing patrons to rent out their theaters for private movie screening as a means to increase revenue while theaters are closed during the coronavirus pandemic. 

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"Host a personal screening for one or make it a private party for up to 20 people total!," AMC says on its website. "It’s perfect for an everyday escape or a celebration to remember."

Starting at $99, moviegoers can reserve an entire AMC auditorium. 

The company has been unable to host showings during the pandemic in many of the biggest markets in the United States since March.

"In compliance with these restrictions, all of our theatres worldwide have temporarily suspended operations through June," the company said in the filing earlier this year. "During this period, we are generating effectively no revenue."

Even if they could open, many studios are delaying the release of their films until further notice.

"We have to prepare for the inevitability that one, or more, of the major chains may not survive if this situation continues to lurch into next summer," senior analyst at entertainment research firm Exhibitor Relations Jeff Bock told CNN. "The number of movie theaters that will close on a permanent basis will be directly proportional to how long it takes the US to stomp out the virus."

[Via]


About The Author
Cole Blake is a current staff writer at HotNewHipHop based out of New York City. He began writing for the site as an intern back in 2018 while finishing his B.A. in Journalism at St. John’s University. In the time since, he’s covered a number of breaking stories for HNHH. These include the ongoing YSL RICO trial, the allegations surrounding Diddy, and much more. His work also extends outside of hip-hop, having written extensively about a myriad of topics including politics, sports, and pop culture. He’s attended several music festivals to provide coverage for the site as well, such as Rolling Loud and Governors Ball.
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