Would the movie theater industry switch to a more digital approach if e-commerce giant Amazon moved into the business? The prospect of Amazon purchasing AMC Entertainment Holdings Inc. has been highlighted in recent news reports. Tom Forte, Institutional Analyst with D.A. Davidson, said the prospect of such a purchase is interesting but may not be likely unless Amazon can get a bargain to offset potential risks. Forte outlines his thoughts on the possibilities of an Amazon-AMC deal in “Taking on AMC, Amazon could change theater business,” an S&P Global article written by Joseph Williams.
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