You can now rent a private AMC theater for just $99

A crisp Benjamin Franklin can get you your own private AMC movie theater.AMC Theatres joins a handful of cinemas letting customers...

Posted: Oct 17, 2020 8:24 PM

A crisp Benjamin Franklin can get you your own private AMC movie theater.

AMC Theatres joins a handful of cinemas letting customers rent out auditoriums for private screenings -- a growing trend due to the Covid-19 pandemic.

AMC allows rentals of up to 20 people. According to its website, rates start at $99, excluding tax, and increase to $349 depending on the movie, the theater's location and any other add-ons like food and drink. AMC's FAQ page lists renting a microphone to greet guests as an extra $100 charge, while more time to enter an auditorium, beyond the standard 15 minutes, will cost another $250.

It's part of the theater chain's effort to remain afloat this year as the Covid-19 pandemic contributes to record industry losses.

AMC's revenues fell by $941.5 million, down roughly 22% compared with $1.2 billion in the same quarter last year, according to a Security and Exchange Commission filing in June. In another filing, the world's largest theater chain could run out of money by the end of the year.

The company blames these losses on having shut its theaters to mitigate the spread of the virus.

"In compliance with these restrictions, all of our theatres worldwide have temporarily suspended operations through June," the company said in the filing. "During this period, we are generating effectively no revenue."

Hollywood studios are also delaying the release of films, like Wonder Woman 1984, a Warner Bros. film. And the number of viewers using streaming services has increased significantly since stay-at-home orders began last spring. According to a Nielsen report, staying at home can lead to a 60% increase in streaming activity.

Jeff Bock, a senior analyst at entertainment research firm Exhibitor Relations, told CNN earlier this month that theaters will continue to be hit hard if these trends continue.

"We have to prepare for the inevitability that one, or more, of the major chains may not survive if this situation continues to lurch into next summer," Bock told CNN. "The number of movie theaters that will close on a permanent basis will be directly proportional to how long it takes the US to stomp out the virus."

It's clear that AMC is finding creative solutions to its financial problems.

The promotion is available in most states, excluding New York, Alaska and Hawaii.

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 324537

Reported Deaths: 5594
CountyCasesDeaths
Marion44186858
Lake28094462
Allen18660301
Elkhart17663230
St. Joseph17256234
Hamilton13612170
Vanderburgh10028121
Tippecanoe896729
Porter855386
Johnson6718169
Hendricks6412158
Vigo625889
Monroe550450
Clark531078
Madison5239122
Delaware5075103
LaPorte481196
Kosciusko475941
Howard364177
Bartholomew335365
Warrick335372
Floyd329478
Wayne325678
Marshall311846
Cass303931
Grant287150
Hancock272957
Noble264946
Henry256437
Boone255054
Dubois245631
Dearborn228231
Jackson226334
Morgan221243
Gibson194926
Knox193021
Shelby192656
Clinton185421
DeKalb183932
Lawrence183849
Wabash172821
Adams172422
Miami170815
Daviess163145
Fayette153734
Steuben153414
Jasper151713
Montgomery149327
Harrison147624
LaGrange146131
Ripley145815
Whitley142314
Huntington133510
Decatur132543
Putnam131128
White131022
Wells130130
Clay130023
Randolph128121
Posey125816
Jefferson124116
Scott114520
Greene106053
Sullivan102716
Jay101913
Starke95022
Jennings90414
Spencer8908
Fulton87519
Perry85121
Fountain8228
Washington8127
Franklin73427
Carroll71913
Orange70028
Vermillion6607
Owen6468
Tipton60327
Parke6026
Newton57812
Rush5708
Blackford56612
Pike52719
Pulaski41815
Martin3705
Benton3643
Brown3574
Crawford3081
Union2782
Switzerland2655
Warren2562
Ohio2387
Unassigned0266

Ohio Coronavirus Cases

Data is updated nightly.

Cases: 399808

Reported Deaths: 6346
CountyCasesDeaths
Franklin52652672
Cuyahoga39132746
Hamilton31491372
Montgomery21355242
Butler15768149
Lucas15301420
Summit14667330
Stark9780209
Warren878777
Mahoning7985301
Lake752566
Lorain7149106
Clermont622953
Delaware597337
Licking589977
Trumbull5867148
Fairfield576464
Greene559568
Clark5438129
Allen518389
Medina496557
Marion489359
Wood4861108
Miami456268
Pickaway410548
Portage385574
Columbiana376599
Tuscarawas360567
Richland349639
Wayne340894
Mercer299248
Muskingum262510
Hancock257240
Ross251259
Darke246160
Auglaize243935
Erie240868
Ashtabula240454
Putnam234549
Geauga227051
Union20838
Scioto204316
Lawrence201139
Shelby199917
Athens19984
Seneca192919
Belmont176729
Madison172019
Sandusky166429
Huron163022
Preble162521
Defiance149923
Holmes146939
Knox139719
Logan139018
Jefferson138113
Fulton135826
Crawford134417
Washington133427
Ottawa128830
Ashland117328
Williams11479
Clinton113115
Highland108118
Brown10755
Hardin107019
Henry105423
Champaign10535
Jackson102012
Van Wert99918
Fayette97317
Guernsey96814
Morrow9682
Coshocton91015
Perry86613
Adams83813
Gallia81615
Pike7921
Wyandot76118
Paulding70012
Hocking68516
Noble65124
Carroll53210
Meigs41712
Monroe34921
Morgan2925
Harrison2433
Vinton2326
Unassigned00
Fort Wayne
Clear
34° wxIcon
Hi: 45° Lo: 31°
Feels Like: 30°
Angola
Clear
34° wxIcon
Hi: 45° Lo: 32°
Feels Like: 30°
Huntington
Clear
32° wxIcon
Hi: 46° Lo: 30°
Feels Like: 32°
Decatur
Clear
32° wxIcon
Hi: 46° Lo: 30°
Feels Like: 32°
Van Wert
Clear
32° wxIcon
Hi: 47° Lo: 30°
Feels Like: 32°
Warm Sunday
WFFT Radar
WFFT Temperatures
WFFT National

Community Events