The debt scores company identified that smaller capability at cinemas and audiences selecting streaming over risking going out was more likely to proceed into 2021.
S&P Global added: “The negative outlook reflects our view that a default, distressed exchange, or redemption appears to be inevitable within six months, absent unanticipated significantly favourable changes in the issuer’s circumstances.” Express.co.uk have contacted AMC for remark.
After months of shut down, Christopher Nolan’s Tenet opened in UK cinemas and a few US states a few months in the past.
However, Mulan skipped film theatres and went to premium entry on Disney+, whereas a complete host of different tentpole motion pictures have shifted to 2021. Now the earliest to open are Dune and Wonder Woman 1984 at Christmas.