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.