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0.000982318271119997 -0.00687622789783875 -0.0137524557956777 -0.0127701375245579 0.00294695481335964 0.00687622789783893 0.0202554027504912 -0.00982318271119839
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AMC, MoviePass eye Saudi Arabia's $1 billion movie theater market now open for biz [FOX Business Network]

HELIOS&MATHESON ANALYTICS (HMNY) 
US:NASDAQ Investor Relations: en.wikipedia.org/wiki/helios
Major movie theaters around the globe are now zoning in on Saudi Arabia after the country lifted its ban on public movie theaters for the first time in more than 30 years, for a piece of the potential $1 billion market. Continue Reading Below “It’s a really big potential market with a population of 30 million people with high disposable incomes, who are young, and there isn’t much to do, which means there’s a lot of room for growth. We think it could be a billion dollar market in a few years that will employ 15,000 to 20,000 people,” John Fithian, president and CEO of the National Association of Theatre Owners (NATO), tells FOX Business. Fithian, who was in Saudi Arabia last week, days before the country’s Minster of Culture and Information Awwad bin Saleh Alawwad officially announced that it will lift its ban,” says he was already there with seven cinema companies who are looking to “move fast” in developing theaters as soon as licenses are granted, which i Show less Read more
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