AMC Theatres: Buckhead Location In Atlanta Could Close

Buckhead GA

03 June, 2020

10:19 PM

Description

BUCKHEAD, GA — The AMC Theatres in Buckhead may not be around after the summer. Theater officials said Wednesday it has "substantial doubt" the company can remain in business after the coronavirus pandemic forced the closure of all of its locations. In a regulatory filing, AMC officials said the company is generating "effectively no revenue." The AMC Dine-In Buckhead location at 3340 Peachtree Rd. NE. Metro Atlanta has a total of 18 AMC Theatres. All AMC locations are closed through June, and the company said it has enough money to reopen theaters this summer. However, if not allowed to reopen, the company said, it may be unable to borrow the funds needed to continue operating. Even when theaters are allowed to reopen, AMC predicts it will still have problems should entertainment companies decide to delay the release of new films. AMC has 1,000 locations across the globe, with more than 11,000 screens, according to its website. Click here for the AMC locator.