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Theater chains receive DOJ request for documents

Jun. 01, 2015 10:05 AM ETAMC Entertainment Holdings, Inc. (AMC) StockRGC-OLD, CKEC, CNK, AMCBy: Clark Schultz, SA News Editor
  • Exhibitor stocks are skittish after the Department of Justice asks several chains for more documents relating to an anti-trust probe of the industry.
  • The larger theater chains have been accused of using clearance agreements to pressure studios away from using small and independent chains.
  • The matter hasn't been escalated to a full DOJ investigation yet.
  • Previously: Movie exclusivity deals with theater chains on the DOJ radar (Apr. 17 2015)
  • Decliners: AMC Entertainment (NYSE:AMC) -4.4%, Carmike Cinemas (NASDAQ:CKEC) -1.0%, Cinemark Holdings (NYSE:CNK) -0.4%, Regal Entertainment (NYSE:RGC) -0.2%.

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