Seeking Alpha

$600M revamp from AMC Entertainment includes reclining seats

  • AMC Entertainment (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.
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