Apparently, AMC Theaters had recently purchased a slew of more theaters before anyone saw Covid 19 coming... and then they had to shut them all down spanning theaters in 15 different countries. The corporation isn't making any money currently but it still has cost, like electric bills, plumbing and furloughed employees.
On April 2, Standard & Poor’s Globalfinancial analysts downgraded the already discouraging credit rating of the world’s largest movie theater chain, AMC Entertainment, to a CCC — “Default imminent, with little prospect for recovery.
Even if they reopen in June, they will have to seat everyone at least 6 feet apart, so theaters could be selling out a lot more quicker when they can only fill one third of the seats. But that probably won't be a problem anyway since all the big summer releases have already had their release dates re-scheduled to at least August. So they will probably be only able to get independent films and classics over the holiday weekend and into August.
You can read about some of AMC's problems here.
You're right, Mr. Roberts. Hadn't thought about it but I haven't heard anything for at least a few years. Don't know where they would put anything new unless they removed something though. Don't think they had any empty land, but I could be wrong. It sure is, or was, a well kept park.
Have you noticed that since the one brother passed away and the other ousted, You never really hear about Holiday World anymore? I couldn't even tell you when the last time was they got a new coaster or other big ride.
I've seen that done, Mr. Roberts. Never tried it myself. Can't remember the last time I rode that. I remember we had a big crew there one day and took up most of it at once. Some of the kids were spinning in place. I'm sure there are pictures somewhere but no idea where.
Well, maybe next year, Mr. Roberts. Don't think there's any chance at all of an opening this year. They should take off the rose colored glasses. I'd forgotten about the situation that occurred at Holiday World. Such a shame.