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Stock impact report

America's small movie theaters fear coronavirus could mean their last picture show [Reuters]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: Reuters
America's small movie theaters fear coronavirus could mean their last picture show LOS ANGELES (Reuters) - Members of the Bagby family have operated movie theaters in small U.S. towns for four generations. With the coronavirus outbreak forcing their 400 screens to go dark indefinitely, some of them worry that run could come to an end. The family’s Missouri-based company closed its 50 B&B Theatres locations in seven states this week and imposed its first layoffs ever, affecting 1,980 workers. “We’ve been around since 1924,” B&B Chief Executive Bob Bagby said in an interview. “We hope we can continue to be around, but we’re a little scared right now.” The global coronavirus outbreak has put the biggest strain on movie theaters in the industry’s 115-year history. Most theaters in the United States, and many around the world, are closed to help prevent the novel coronavirus from spreading. Operators are unsure when they will be able to switch on the marquee lights again. Some voiced conce Show less Read more
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