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MoviePass Launches Nationwide at 4,000-Plus Theaters

The resurrected company will let MoviePass members choose from more than 4,000 theater locations across the U.S., including those operated by AMC Theatres, Regal Cinemas and Cinemark. Plans cover 2D standard screenings. Gone is the unsustainable $9.95-per-month for one movie-per-day deal. Instead, the service is using a new four-tiered, credit-based system to offer different options…

AMC Theatres Halts Acquisition Plans After Cineworld Filed for Chapter 11 Bankruptcy Protection

AMC Entertainment Holdings won’t be moving forward with its initial discussions with lenders about its potential acquisition of theaters in the Cineworld Group chain across the U.S. and Europe. AMC, which is the world’s largest movie theater chain, made the decision after Cineworld filed for Chapter 11 bankruptcy protection on September 7, according to The…