Your submission is now in Draft mode.

Once it's ready, please submit your draft for review by our team of Community Moderators. Thank you!

Submit Essay

Once you submit your essay, you can no longer edit it.


This content now needs to be approved by community moderators.


This essay was submitted and is waiting for review.

AMC bankruptcy filing before April 2021?


AMC Entertainment Holdings, Inc. d/b/a AMC Theatres, is an American movie theater chain headquartered in Leawood, Kansas, and the largest movie theater chain in the world. Founded in 1920, AMC has the largest share of the U.S. theater market ahead of Regal and Cinemark Theatres. After acquiring Odeon Cinemas, UCI Cinemas, and Carmike Cinemas in 2016, it became the largest movie theater chain in both the world and the United States. It has 2,200 screens in 244 theatres in Europe and over 8,200 screens in 661 theatres in the United States.

As of March 18, 2020, all AMC theaters were temporarily closed because of the COVID-19 pandemic. On August 20, 2020, AMC resumed theatre operations with offerings of $0.15 tickets.

In October 2020, the company announced that "existing cash resources would be largely depleted by the end of 2020 or early 2021." This sparked concerns that the company may seek bankruptcy protection.

On October 13 2020, Bloomberg reported that AMC Entertainment Holdings Inc. is considering a range of options that include a potential bankruptcy to ease its debt load as the pandemic keeps moviegoers from attending and studios from supplying films. As of October 23 2020, AMC's stock is down more than 60% year-to-date.

Will AMC Theatres file for bankruptcy protection before April 1 2021?

This question resolves positively if at any time before 1 April 2021, AMC Entertainment Holdings, Inc. or any parent company thereof submits a court filing seeking bankruptcy protection under any provision of the United States Bankruptcy Code. No court ruling need be made for a positive resolution; only a filing.

If AMC is acquired before this question resolves, the resolution will depend on whether the parent company files for bankruptcy before April 2021. If AMC is broken up into multiple companies before this question resolves, this question resolves ambiguously.

Make a Prediction


Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

Current points depend on your prediction, the community's prediction, and the result. Your total earned points are averaged over the lifetime of the question, so predict early to get as many points as possible! See the FAQ.