Shares of AMC Entertainment () have fallen today, down by 6% as of 1:15 p.m. EST, as investors continued to fret about the decision by AT&T‘s () WarnerMedia segment to alongside theatrical debuts. AMC also filed a shelf registration statement with the Securities and Exchange Commission that will allow it to raise cash.
Warner Bros. said yesterday that it would adopt a new hybrid distribution model in response to the pandemic. The company plans to release its 2021 lineup, which will include a Suicide Squad sequel and Dune, on HBO Max.
I got you something ✨nice✨ this year:
🎁 The biggest movie premieres
🎁 In theaters and on HBO Max the exact same day
🎁 Beginning December 25 with
— Warner Bros. Pictures