|Bid||103.08 x 700|
|Ask||103.09 x 300|
|Day's Range||102.98 - 103.38|
|52 Week Range||75.73 - 103.42|
|PE Ratio (TTM)||19.12|
|Dividend & Yield||1.61 (1.57%)|
|1y Target Est||N/A|
AMC Entertainment’s latest initiative isn’t so much about putting butts in seats, however, as putting heads in headsets — virtual reality headsets, that is. The Leawood, Kansas-based movie theater chain is leading a $20 million Series B investment in Dreamscape Immersive, the location-based VR startup backed by some of Hollywood’s biggest players. Under the deal, AMC (AMC) will make a $10 million equity investment and finance up to six Dreamscape VR centers both within its theaters and in standalone locations in North America and the United Kingdom over the next 18 months.
Among our many valiant missions here at Benzinga, one the most savored is to enlighten our audience on information they didn't know previously. For example, most of our readers are blissfully unaware that ...
While AT&T is in the midst of taking over Time Warner as a means of owning content, the conglomerate received some harsh criticism from one of the very shows it wants to own. “Full disclosure here: Even our own parent company Time Warner (TWX) is currently trying to merge with AT&T (NYSE: T), which makes this story a little dangerous for us to do,” Oliver said.