AMC and Cinemark Q3 losses show the pandemic's toll on movie theaters

Movie theaters continue to suffer amid the global coronavirus pandemic. AMC Entertainment Holdings (AMC) and Cinemark Holdings (CNK) released their earnings for the third quarter with large, though expected, losses. Sarah Whitten, CNBC Entertainment Reporter, details the difficult situation theaters find themselves in and what to expect the rest of the year.
Mon, Nov 9 20201:13 PM EST