AMC, the company that owns Odeon Cinemas in the UK, has vowed to re-open all cinemas in the UK and US in July.

The move comes amidst AMC’s latest earnings report that states the company has lost $2.2 billion in profits in the first quarter of 2020 due to COVID-19 forcing all cinemas to shut down.

The company has stated that the reopening of the cinemas will come in time for the release of Christopher Nolan’s ‘Tenet’ and Disney’s rescheduled release of ‘the live-action ‘Mulan’

“In our two largest territories, we are currently planning to reopen almost all of our US and UK theatres in July, to be positioned to showcase Warner Bros’ release of Christopher Nolan’s Tenet now slated for release on July 17th followed by Disney’s Mulan now slated for release on July 24th.”

However, the release dates of ‘Tenet’ and ‘Mulan’ are yet to be confirmed by both Warner Bros and Disney.

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To keep to social-distancing policies for the health and safety of audiences AMC will be introducing limited capacity and ‘blocked seating’.

As for the current block on showing films from Universal due to the announcement that they will move to open titles on premium VOD and in theatres concurrently, AMC has stated that talks are underway with the studio on coming to an agreement.

While we are in active dialogue with Universal, no movies made by Universal Studios are currently on our docket.”

Films such as ‘A Quiet Place 2’, ‘Wonder Woman 1984’ and ‘Black Widow’ are all tipped for release later this year.