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Movie theater stocks pop after report says Amazon plans to spend $1 billion on releases

Por: CNBC Life November 24, 2022

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In this articleJeenah Moon ReutersCinemas stocks got a boost Wednesday after a report said plans to spend $1 billion a year on theatrical film releases.The tech company plans to make between 12 and 15 movies for movie theaters each year, , citing people familiar with the matter. A smaller number of films will be produced in 2023 as Amazon builds up its output, the report said.related investing newsa day ago jumped 11% on the news, with up 7% and... + full article



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