AMC the second biggest movie chain in the nation is said to go public. AMC is owned by China's Dalian Wanda Group and in his best interest for the company he plans to raise over $400million for the company. The movie chain has over 340 movie theaters in bussiness and with going public it can surley benefit. In December 2007 AMC originally  set a $750-million IPO. After, releasing info on this there was a withdrawal a year later. Then, later in 2012 china biggest entertainment group offered to buy them out for $ 2.6 billion. After , it made AMC the world's largest owned theater. Later ,on AMC's income doubled to about $41.4 Million dollars.

 What caught my eye in this article is how AMC has made more money and whether it's going to continue being run well because if not it may mean no more AMC theaters and places for movies to be shown.

How this impacted me as a film student or consumer? Well like everyone else I love going to the movie theaters watching movies on the big screen is way better than watching it at home. Therefore, knowing whether AMC is doing well in it's bussiness does affect me because without the AMC ,theaters would be way more packed then usual and less options of places to watch a film.

Well, AMC is doing pretty good and is successful but would it stay like this for long? 




http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-amc-entertainment-ipo-20130830,0,7486975.story