Personal finance startup Robinhood will run an ad on Sunday’s Super Bowl broadcast on CBS as it looks to repair damage to its reputation from its actions during the GameStop-AMC stock frenzy. (Watch the ad above.)
Founded in 2013, Robinhood is a digital investing platform that bills itself as a democratizing force in…
Sony Pictures Classics has made some tweaks to its release schedule for four upcoming pics and one that’s already in theaters.
The distributor run by co-presidents Michael Barker and Tom Bernard said that Dror Moreh’s documentary The Human Factor, which opened last month in Los Angeles and New York, will go nationwide…
Shares of AMC Entertainment are down nearly 40% today on another wild ride, reversing gains after an explosion of support by retail traders that started last week catapulted stock of the pandemic-pummeled chain to levels not seen since 2017.
Around midday, shares of the nation’s largest cinema operator are changing…
Movie theater advertising network National CineMedia has inked a deal with Harkins Theatres, expanding its foothold in the Southwestern U.S. as it hopes movie-going will pick up this year.
Privately-owned Harkins, the nation's fifth-largest exhibitor and biggest independent chain, has signed a long-term cinema…
Shares of the happiest of exhibitors AMC Entertainment continued an upward trajectory Monday fueled by retail traders on Reddit chat rooms, even as a leading Wall Street analyst downgraded the stock to 'sell' and valued it at $1.
"In our view, the recent volatility and spike in the company’s stock, thanks to the…
UPDATE: Private equity firm Silver Lake, which has been one of the biggest stakeholders in AMC Entertainment in recent years, has sold its entire position in the top movie theater chain after a dramatic runup in its stock.
In an SEC filing after the close of trading, AMC said Silver Lake sold shares at between $14 and…
Reddit-pumped stocks from AMC Entertainment to GameStop fell Thursday as the rest of the market soared – a reversal of the day before when retail traders in crowded chat rooms joined forces to push selected names skyward and sent the market into conniptions.
The nation's largest exhibitor, AMC is down 50% after…
AMC Entertainment said Silver Lake Group is converting $600 million worth of the theater chain's debt that it holds into stock at a conversion price of $13.51 a share, a surprise all around considering the exhibitor’s shares were languishing below two bucks earlier this month.
The giant investment firm partnered with…
Germany's major cinema organization HDF Kino has expressed concerns about a proposed model for the country's exit from lockdown that places cinemas last in line.
While no firm plans have been laid out by government, one regional authority, from the northern state of Schleswig-Holstein, has put together a four-stage…
UPDATED with broader market movement, closing prices. Shares of AMC Entertainment have skyrocketed 301% on a wild trading day, recovering to levels not seen since long before the coronavirus pandemic.
Broader stocks plunged in one of the market's worst sessions in months as mixed earnings and frenzied trading sparked…
As exhibitors get set to report results from the last quarter of their annus horribilis, 2020, one Wall Street bull is predicting record box office in 2023.
Eric Wold, a veteran analyst with B. Riley Securities, acknowledged in a note to clients that exhibitors’ efforts to emerge from the abyss of Covid-19 have been…
More than 70% of embattled cinema giant Cineworld's shareholders have voted in favor of an incentivized bonus scheme worth up to $284M that drew fire last week for being "excessive" in the current climate.
As part of the scheme, CEO Mooky Greidinger and his brother Israel, deputy CEO, could receive up to $89M of that…
