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How the tables turned – studios in driving seat for US cinema crash

A mixed set of recent reactions from financial analysts on the future of movie theaters have done nothing but echo the state of disorder facing the cinema industry, as stocks in major chains have fallen off a cliff edge over the last two quarters. Matters look set to get worse still for movie theater owners, as just a matter of days ago rumors circulated that US studios Paramount Pictures and Warner Brothers eying a potentially market-altering movie download service with Comcast and Apple. AMC Entertainment, the largest of the big three US movie theater chains, has seen its share price plummet 45% since Memorial Day on May 28, while shares in Regal Entertainment are down 28% and Cinemark Holdings have…

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