Also how do you perceive the risk of production companies moving film launches to online OTT platforms such as Netflix, Disney + etc. Is there any way of moving the advertising online to these channels ?
What would a restructuring look like in downside scenario. How much equity could you receive. What would a restructured capital structure look like given the business is likely to be impaired long term. There isn’t any growth potential in the business so why would multiples recover to pre-covid ? Social distancing is likely to leave audience levels depressed for a longer period. Also could you provide more info on your downside targets of 85 on the TL and 80 on your secured bond.
What do you think happens to the ESA with AMC if AMC files?
Also how do you perceive the risk of production companies moving film launches to online OTT platforms such as Netflix, Disney + etc. Is there any way of moving the advertising online to these channels ?
What would a restructuring look like in downside scenario. How much equity could you receive. What would a restructured capital structure look like given the business is likely to be impaired long term. There isn’t any growth potential in the business so why would multiples recover to pre-covid ? Social distancing is likely to leave audience levels depressed for a longer period. Also could you provide more info on your downside targets of 85 on the TL and 80 on your secured bond.