Like so many businesses, the movie theater industry has been ravaged by the economic effects of the pandemic. Theaters were starved of audiences when lockdowns went into effect, and studios delayed new releases or, in some cases, put them out on streaming services. Some chains have shut down and others have declared bankruptcy. AMC Entertainment’s chief executive, Adam Aron, said this month that the chain had been “within months or weeks of running out of cash five different times between April 2020 and January 2021.” – The New York Times
