Movie Theater Stocks Plummet as Internet Media Threatens to Crush Hollywood
(ANTIMEDIA) — The movie theater industry is in trouble. Box office bombs and the changing manner in which people consume their entertainment have sent their stocks plummeting. From the Los Angeles Times on Tuesday:
“AMC Entertainment Holdings, the world’s largest movie theater owner, took a big hit on Wall Street after it reported worse-than-expected earnings amid an unusually weak box office.”
