AMC "meme" stock jumps after theater chain raises $230 million
CBSN
The movie theater chain AMC is raising $230.5 million through an 8.5 million share sale to Mudrick Capital Management, cashing in on the "meme stock" frenzy that has sent its stock price up more than 1,300% this year.
Business for theaters and other beleaguered industries like restaurants and concert venues are primed to explode in the next few months with the massive U.S. vaccination effort ongoing. John Krasinski's thriller sequel "A Quiet Place Part II" opened over the Memorial Day weekend to a pandemic-best of $48.4 million, according to studio estimates Sunday.
Veteran actor Tony Danza says his current role as a tough-talking character as mob boss Stefano in "Power Book III: Raising Kanan" has allowed him to showcase a side of him that differs from the family-friendly persona established in classic sitcoms like "Taxi" and "Who's the Boss?"
Carl Dean, the husband of Dolly Parton of over 60 years, has died in Nashville, Tennessee, the singer announced on her social media on Monday.
"Anora" director, screenwriter and editor Sean Baker won four Oscars at the 97th Academy Awards on Sunday night, a feat only achieved by one other person: Walt Disney.
David Johansen, the wiry, gravelly-voiced singer and last surviving member of the glam and protopunk band the New York Dolls who later performed as his campy, pompadoured alter ego, Buster Poindexter, has died. He was 75.
The 2025 Academy Awards, the biggest night in Hollywood, celebrate the Oscar nominees for best movies and film performances of the past year — but for some fans, the music is a highlight.
HOUSTON— Drake has reached a settlement with Texas-based iHeartMedia in his ongoing legal dispute over Kendrick Lamar's diss track "Not Like Us," according to court records.