Disney CEO Indicates Theatrical Window Forever Changed - Bad News for AMC Theatres

Disney CEO Bob Chapek, speaking at Morgan Stanley's Technology, Media and Telecommunications Conference Monday, stated that he does not see the theatrical window for films returning to how they were pre-COVID . Chapek noted "I think the consumer is probably more impatient than they've ever been before. Particularly since now, they've had the luxury of an entire year of getting titles at home, pretty much when they want them." Alex discusses the huge impact this could have on movie theater businesses like AMC, looks back on his prediction from April 2020 that this would happen, and theorizes as to what moves AMC could make to gain more leverage with the movie studios.Show more

Originally Aired: 03/02/21
#Media #AMCStock #Disney
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