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GREAT WHITE

03/29/23 9:53 AM

#120455 RE: NewbieViewbie #120448

https://www.msn.com/en-us/money/companies/here-s-why-amc-entertainment-rose-more-than-20-on-amazon-takeover-speculation/ar-AA19cUc3?ocid=msedgntp&cvid=61f4c71f1e5545f38e3a17e5feb1558a&ei=40

The move is aimed at using AMC’s 600 theaters as “marketing weigh stations” to promote Amazon Prime movies, for cross-selling opportunities and to serve as local distribution hubs. More importantly, Amazon would be able to collect data from the 200 million movie goers who sit in AMC's seats.
Bullish
Bullish