Despite high waters in Brooklyn and Queens causing the Alamo Drafthouse house New York City circuit to close as well as National Amusements Showcase in the Bronx, big chains AMC and Regal are expected to stay open, particularly in Midtown. Typically whenever there’s a hurricane in the Southeast part of the United States, we see
National Amusements
National Amusements, the Redstone family holding company, was placed on negative credit watch by ratings agency S&P Global after shares of ViacomCBS – which NAI uses as debt collateral – skidded so low over the past three weeks that the parent was in technical default on a bank loan. That’s a headache for NAI but