The Walt Disney Company (NYSE: DIS) CEO Bob Chapek presented at a virtual conference hosted by Goldman Sachs. As part of that discussion, Chapek talked about Disney's various business segments and strategies. The House of Mouse is not committing to exclusive theatrical releases in the future.
The coronavirus pandemic devastated AMC Entertainment Group's (NYSE: AMC) business. At the onset, it had to shut its doors to moviegoers for months. To earn revenue, the company brings together large groups of people to watch a movie indoors -- the kind of activity that could encourage the spread of COVID-19.
AMC Entertainment (AMC) closed the most recent trading day at $39.98, moving -0.25% from the previous trading session.