When firms are in trouble, it’s not unusual for CEOs to cut their own salaries. As the pandemic wreaked havoc on the economy, many executives opted to receive smaller wages. Whether this helps the com...
Tag: Adam Aron
Tesla, Southwest, Apple, AMC and more
A sign hangs in front of an AMC theater on January 27, 2021 in Chicago, Illinois. Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted sto...
Adam Aron, AMC Entertainment CEO, Asks Board For Pay Freeze
LAS VEGAS, NV – APRIL 25: Chairman/CEO of AMC Entertainment Inc. Adam Aron speaks onstage during … [+] the 2018 Will Rogers Pioneer of the Year Dinner Honoring Tom Cruise at Caesars Pala...
Will Streaming Kill DVD And Movie Theaters?
Photo by Tom Cooper/Getty Images. Getty Images Movie theaters are struggling to reinvent themselves after COVID-19 got many people more comfortable streaming content at home. It takes a big film like ...
Netflix is losing the streaming war amid Disney+’s rapid growth
Over the past 25 years, Netflix has changed the film and television landscape. The company has amassed nearly 221 million subscribers across 190 countries, billions of hours watched for popular series...
AMC shares tank 30% as Regal Cinemas owner warns of potential bankruptcy, APE units begin trading
Shares of theater chain and meme trader favorite AMC fell sharply on Monday as a rival warned of potential bankruptcy and a new preferred share class hit the market. AMC was down 31% on Monday morning...
AMC’s New Shares Spark Controversy
Getty Images Key takeaways AMC plans to issue a special one-time “dividend” to investors in the form of preferred shares The company has also applied to list its new preferred stock under the NYSE tic...
AMC buys stake in Nevada gold miner Hycroft Mining
Adam Aron, AMC Entertainment president and CEO. David Orrell | CNBC Movie theater chain AMC Entertainment has agreed to purchase a major stake in a Nevada gold and silver miner, the companies announce...