As a precaution due to the outbreak of the coronavirus in Italy, AMC Theatres boss Adam Aron mentioned today on the exhib chain’s 4Q 2019 earnings call that the exhibitor has closed 22 of its…
boss Adam Aron mentioned today on the exhib chain’s 4Q 2019 earnings call that the exhibitor has closed 22 of its 47 theaters in the country for a week. Since Monday, the number of cases of the coronavirus has spiked from a reported 219 cases on Monday to a range of 400-615 cases with 17 deaths according to reports.
“We decided to close for a week; that’s what all the local government and medical authorities thought was the right thing to do. Milan and its environment aren’t on a quarantine or lock down. We did it to cooperate with local government as a precaution,” added Aron.Aron emphasized, “AMC Theatres has no theaters in China, South Korea or Iran” and “the economic impact has been minimal” from the coronavirus.
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