Desperate Movie Theaters Are About To Open Up Again Offering 15 Cent Movie Tickets.

Is it safe?

AMC Entertainment for one day only will be offering “movies in 2020 at 1920 prices” — with tickets going for only 15 cents per person.

The following movie theaters AMC Entertainment (NYSE:AMC), Cinemark (NYSE:CNK), Regal Entertainment (NYSE:RGC) and Marcus (NYSE:MCS) will open some locations next week as the industry goes for a proof-of-life test during the pandemic.

The chains are planning on instituting safety measures like enhanced cleaning, fresh-air replacement and staggered showtimes with limited capacity.

The box office tallies won’t be as important as building some confidence with moviegoers in front of bigger releases like Christopher Nolan’s Tenet during Labor Day weekend. Companies likes National CineMedia (NASDAQ:NCMI) and IMAX (NYSE:IMAX) will also be hoping for a steady return of theater business.

Photo by Vladimir Fedotov on Unsplash

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