Subscribe to Our Newsletter

  • White Facebook Icon

ISSN: 2639-7714  ( Print )

ISSN: 2639-7730  ( Online )

P. O. Box 360722  Dallas, 75336 Texas

© 2020 by Christian Times Magazine

  • CTM News

U.S. movie theater owners ask the federal government for coronavirus relief


Reuters


A trade group representing U.S. movie theater owners on Wednesday called on the U.S. Congress and the Trump administration to provide emergency relief to help operators weather the unprecedented closures amid the global coronavirus outbreak.


The National Association of Theatre Owners (NATO) urged U.S. lawmakers to approve loan guarantees to help cover fixed costs, tax benefits for employers providing support to employees, and other measures.


“The business model of the movie theater industry is uniquely vulnerable to the present crisis,” the group said in a statement.


Most movie theaters in the United States, including those owned by AMC Entertainment and Cineworld Group Plc’s Regal Cinemas, shuttered this week to help prevent the novel coronavirus from spreading.


Movie theaters employ more than 150,000 people in the United States, from ticket sellers to projectionists and cleaning staff, according to the association.


22 March 2020

Reuters