Adam Aron, CEO of the nation’s largest movie chain said “the industry has to get liquidity from somewhere” since “we all have expenses and none of us have revenue” aft…
Adam Aron, CEO of the nation’s largest movie chain said “the industry has to get liquidity from somewhere” since “we all have expenses and none of us have revenue” after exhibitors closed their doors around the nation amidst the spreading“I am here as a representative of our industry. … The reality is that we need relief right now and there is a simple reason why.
The industry has asked Congress for funds to see it through the crisis. The response is not yet clear. Unfortunately, Aron’s audio appeared to malfunction when the CNBC anchor asked if he, or the industry, had heard anything from Washington, D.C. yet and what he was expecting.
“My focus is on making sure there s a company to come back to,” he said. “I would like to make sure that this company that been strong for 100 years in the United States, that we can reopen when the government says its safe to do so for the public.”
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