AMC stock trends up on news of Amazon’s $1 billion investment in movie theater releases

Yahoo Finance Live examines AMC shares after Amazon's invests in in-person movie releases for its content. Read More...


Amazon Plans to Invest $1 Billion a Year in Movies for Theaters

(Bloomberg) — Amazon.com Inc. plans to spend more than $1 billion a year to produce movies that it will release in theaters, according to people familiar with the company’s plans, the largest commitment to cinemas by an internet company.Most Read from BloombergElizabeth Holmes Judge Proposes Texas Prison, Family VisitsTrump Had Losses of $900 Million in Two Years, Jury ToldMost Fed Officials Seek to Slow Pace of Interest-Rate Hikes SoonFrom Tom Brady to Shaq, FTX’s Celebrity Promoters May Be On

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