{"id":29842,"date":"2021-04-06T11:10:18","date_gmt":"2021-04-06T16:10:18","guid":{"rendered":"https:\/\/www.ceo-na.com\/?p=29842"},"modified":"2021-04-06T11:16:07","modified_gmt":"2021-04-06T16:16:07","slug":"godzilla-vs-kong-renews-confidence-in-u-s-box-office","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/news\/godzilla-vs-kong-renews-confidence-in-u-s-box-office\/","title":{"rendered":"Godzilla vs. Kong renews confidence in U.S. box office"},"content":{"rendered":"<p><strong>Warner Bros.\u2019 <\/strong><strong><em>Godzilla vs. Kong<\/em><\/strong><strong> posted the best opening weekend of any film released during the coronavirus pandemic<\/strong><strong>.<\/strong><\/p><p><em>Godzilla vs. Kong<\/em><em> <\/em>is restoring confidence in the movie theater business after posting the best opening weekend of any film released during the coronavirus pandemic and signaling that filmgoers are ready to head back to cinemas ahead of the busy summer season.<\/p><p>B. Riley Securities analyst Eric Wold wrote in a report on Monday that the monster flick\u2019s success \u201cdestroys lingering concerns around the theatrical window importance and demonstrates a solid path to resurgence,\u201d while also upgrading AMC Entertainment&nbsp;to \u201cbuy\u201d in his Monday note, raising his price target to $13 from $7.<\/p><p>\u201cWe have remained impressed with management\u2019s ability to weather the pandemic headwinds by both strengthening the balance sheet and negotiating with landlords to improve the cash runway into 2022,\u201d he wrote. \u201cAnd as the largest exhibitor in North America that also operates the highest number of premium IMAX screens, we view AMC as well positioned to benefit from the industry\u2019s projected resurgence and return to pre-pandemic attendance levels by 2023.\u201d<\/p><p>Shares of the company rose more than 6% on Monday and have jumped more then 370% since January, in part due to renewed confidence in the company\u2019s ability to survive the rest of the pandemic. AMC has a market value of $4.2 billion.<\/p>","protected":false},"excerpt":{"rendered":"<p>Warner Bros.\u2019 Godzilla vs. Kong posted the best opening weekend  [&#8230;]<\/p>\n","protected":false},"author":21,"featured_media":29816,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1338],"tags":[1722],"class_list":["post-29842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-movies"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=29842"}],"version-history":[{"count":1,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29842\/revisions"}],"predecessor-version":[{"id":29849,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/29842\/revisions\/29849"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/29816"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=29842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=29842"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=29842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}