![]() ![]() ![]() The Seattle-based company could use AMC and its nearly 1,000 locations across the globe as a platform to promote Amazon Prime movies with award potential, according to the report, while gaining data on AMC’s annual 200 million moviegoing customers to allow the retailer to cross-sell services such as grocery delivery. A report that the world’s biggest retailer is looking to buy the largest theater chain has been met with skepticism by some financial analysts who say a deal between the companies is unlikely.Īmazon founder Jeff Bezos directed the company's investment advisers to explore a plan to buy AMC Theatres, which has struggled financially as consumers have returned slowly to theaters during the pandemic, according to a report this week by The Intersect blog that cited sources familiar with the discussions. ![]()
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