Peter Washquist, Head of Covenants at Reorg, and Krishan Sutashana, a Distress Bet Analyst, dive deep into the financial struggles of major movie theater chains like Cineworld and AMC. They analyze cash burn rates and liquidity challenges exacerbated by COVID-19. The discussion includes innovative survival strategies, lease obligations in bankruptcy, and the changing landscape of cinema amid shifting consumer habits. Tune in for a fascinating look at how theaters are adapting to stay afloat in these turbulent times.
