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Photo: Noam Galai / Contributor

AMC is pushing back reopening of most U.S. theaters until mid- to late-August, the exhibitor said Thursday.

Why it matters: AMC and its rivals have been putting off their reopenings further and further as major movie releases are delayed. Most are waiting to time reopenings with Warner Bros. "Tenet," which AT&T says will still debut in theaters, but after being pushed back many times, remains unclear as to when.

Between the lines: AMC has struggled throughout the coronavirus pandemic. Earlier this year, the company filed for chapter 11 bankruptcy. After pushback, AMC reversed its mask policy to say that face coverings will be required for patrons.

The big picture: Theater chains are under extraordinary business pressure to reopen. The business was already facing pressure from consumers flocking to streaming services. That has accelerated during the pandemic.

  • Internationally, "approximately one-third of all AMC cinemas in Europe and the Middle East are already open and are operating normally," AMC said in its Thursday release.

Go deeper

Regal Cinemas to temporarily close all 663 of its theaters in the U.S. and U.K.

Photo: Joe Raedle/Getty Images

British movie exhibitor Cineworld, the parent company to Regal Cinemas, said on Monday that it would temporarily close all 663 of its movie theaters in the United States and the U.K.

Why it matters: Theater chains have struggled to survive the economic fallout of the coronavirus. Some analysts have argued that the pandemic could become the death knell to the theater industry.

Updated 13 mins ago - Politics & Policy

U.S. sounds alarm on Ukraine

Conscripts line up at a Russian railway station yesterday before departing for Army service. Photo: Sergei Malgavko/TASS via Getty Images

The Biden administration is "deeply concerned" by new intelligence — detailed for Axios and other outlets — showing Russia stepping up preparations to invade Ukraine as soon as early 2022.

Why it matters: Most of this was known from public sources and satellite imagery, but the administration is sending a stronger signal by releasing specific details from the intelligence community.

CNN fires Chris Cuomo

Photo: Kevin Mazur/Getty Images for CNN

CNN said Saturday evening it has fired one of its star anchors, Chris Cuomo, following new revelations from a legal review made by the company into Cuomo's involvement in the management of his brother's sexual harassment scandal.

Why it matters: Saturday's firing speaks to how much pressure CNN was under by employees and critics to address Cuomo's behavior.