Movie theater chain AMC warns it may shutter permanently because of pandemic - Fox News

Since March, the company has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet.

All of AMC's theaters are shut down through June, which means the company isn't generating any revenue.

The company said that even when local governments allow theaters to reopen, AMC may still have problems if entertainment companies delay releasing new films.

Theater chains are also concerned that film studios could push more movies straight to the streaming services that they own.

Since the pandemic shut down theaters, entertainment companies have delayed most movies.

But Comcast's NBCUniversal released “Trolls World Tour" on video on demand in April, triggering an angry response from the theater industry, and Disney will release “Artemis Fowl” to its streaming service, Disney Plus, in June, rather than in theaters.

movie theaters on June 19.