How Movie Theaters Plan To Overcome The Pull Of Laptop Viewing
AMC Entertainment is focusing on improved food and drink options, and letting customers reserve seats in advance.
AMC Entertainment was recently acquired by Chinese mogul Wang Jianlin last year for $2.6 billion through his company, the Wanda Group. The movie theater chain, which mainly operates in the U.S., has filed to go public and is aiming to raise $400 million in an initial public offering.
Attendance was down in its movie theaters, so AMC is attempting to get more people watching films in theaters instead of at home on their devices. Quartz reports that some tactics the company is using include focusing on better food and drink options.