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In-theater advertiser National CineMedia files for Chapter 11 bankruptcy

Published: April 12, 2023 at 12:01 a.m. ET Move comes after stock shot higher earlier in the day following disclosure of AMC stake National CineMedia stock shot higher Tuesday after AMC disclosed a 9% stake. National CineMedia Inc. National CineMedia Inc., the nation’s largest movie-theater advertising network, filed for Chapter 11 bankruptcy late Tuesday. Earlier
Financial Press

Published

in-theater-advertiser-national-cinemedia-files-for-chapter-11-bankruptcy

Move comes after stock shot higher earlier in the day following disclosure of AMC stake

National CineMedia stock shot higher Tuesday after AMC disclosed a 9% stake.

National CineMedia Inc.

National CineMedia Inc., the nation’s largest movie-theater advertising network, filed for Chapter 11 bankruptcy late Tuesday.

Earlier in the day, CineMedia stock NCMI shot more than 50% higher after movie-theater operator AMC Entertainment Holdings Inc. AMC disclosed that it owned a significant chunk of the company.

See: National CineMedia…

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