$600M revamp from AMC Entertainment includes reclining seats

• AMC Entertainment (NYSE:AMC) says it will spend close to $600M to update its line of theaters.
• Each facility will cost between $350K and $500K to update with revisions which may include reclining seats and larger spaces for movie watchers.
• Many theaters have seen revenue increase after going with the premium seating format despite the loss of seating capacity.