World Cup to provide an extra economic boost to GCC: S&P survey

The logistical challenge of managing one of the world’s largest sporting events would more likely have a positive economic spillover on the rest of the GCC. RIYADH: Gulf Cooperation Council economies stand to benefit from the FIFA 2022 World Cup, as more than 1.2 million fans are expected to attend the event, a survey conducted by S&P Ratings revealed. This influx will increase Qatar’s population by 1.5 times, allowing the Arab nation to experience near-term economic gains. Moreover, the logistical challenge of managing one of the world’s largest sporting events…

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AMC missed ‘golden opportunity’ to pay down $5.4 billion debt with APEs, says analyst

AMC Entertainment Holdings Inc. reports third-quarter results on Tuesday, with the meme stock darling expected to provide an update on its APE equity units The AMC Preferred Equity Units APE, +5.96%, or APEs, made their trading debut in August, sparking volatility and heralding the latest chapter in an eventful journey that took the cinema chain from a beleaguered pandemic victim to meme-stock phenomenon. The APEs, which hit an intraday low of $1.41 on Monday, have fallen 74.8% since their debut. The dividend hit an intraday high of $10.50 on Aug. 22. With its APE equity unit,…

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Regaining The Cinematic Middle Ground

Article courtesy of William Dever, Chief Creative Officer at Harena Data Inc I ask myself constantly why exhibitors continually permit themselves to engage in a business that is so blatantly unfair. I also ask myself what the measures are that exhibitors can engage in that can liberate themselves from an ecosystem that consistently strangles them and restricts their ability to gain profit. I think if you take a careful look at the studio behavior you will come to the conclusion that they are neither insidious or evil…..they are just bone…

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