Truth telling on YouTube

[bigredmed1]

So YouTube has a long and storied track record of burning right wing sites by demonetizing them. They also have a tendency to foster the sensationalist sites. Nerdrotic, Clownfish.tv and the John Campea show are a couple of examples I have encountered recently as entertainment sites.

All of them are going off about the failure of the comic book industry. A couple are claiming that AMC is about to declare bankruptcy and that Disney now has more debt than some third world nations.

Where do you guys go for balance? Is AMC going south? Is Disney about to borrow all the money?

[Uffda]

I have seen several online articles mentioning AMC and bankruptcy. Here are a couple

This one says it is coming https://variety.com/2020/film/news/amc- ... 234578940/

This one says just a rumor https://deadline.com/2020/04/amc-dalian ... 202908769/

[bigredmed1]

Thanks. I am getting both as well, though it seems that one has more inside contacts at AMC and he says that they are toast.

Disney is a public entity and prominent. They are sinking. Wonder how much Buffett still owns?

[Omahacritic]

I’d check anything I saw on YouTube with a reputable source.

AMC ... theater business is a tough business. There is little profit in showing movies except the big hits. Most chains rely on concessions ... and no customers means no sales. And the overhead! Labor intensive. Lots of unused space is required. And the projectors! Not cheap. Some smaller chains are really in the real estate business. The theater is a way to attract tenants. But AMC, they are an international chain. So they are getting clobbered.

Disney .. don’t count the Mouse out. They are losing lots of revenue because their parks are closed. But Disney folks would miss their grandmother’s funeral for a day at a park. If you open them, they will come.
Disney streaming business is a winner. The Disney movie library ... phenomenal.
I would not be afraid to invest with the Mouse.

[Greg S]

Yeah I am also seeing JCPenny's could be headed for bankruptcy.

Greg

[Omaha Cowboy]

John Campea used to host a show on YouTube called AMC Movie Talk a few years back (maybe 2014-2015). He used to work for AMC if memory serves...

Ciao..LiO...Peace