Movie Theatre Company AMC’s Stock Plunges As Box Office Pushes Lower, Lower

“The biggest obstacle for the Leawood, Kan., company, which operates 1,000 cinemas and four of the nation’s top five grossing theaters, is the growing indifference from a new generation that has grown up with Netflix-style home entertainment. Millennials are eschewing the multiplex for movies and videos streamed to smartphones and other devices.”