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AMC Remodels Movie Theaters To Have Big, Reclining Seats, But Fewer Of Them

Imagine that you’re a potential investor in movie theater chain AMC, which became a publicly traded company last year. Executives share their exciting new sales pitch: they’re going to make more money by selling fewer tickets to each show. Wait, what? How does that lead to higher earnings? Auditoriums that fit fewer patrons will have comfier, recliner-style seats. [More]