Trump signs executive order to end family separations at border

Trump signs executive order to end family separations at border

AMC introduces its own more expensive, more restrictive subscription service to compete with MoviePass

AMC Entertainment Holding Inc. said Wednesday that it would be offering its own movie-theater subscription service to compete with MoviePass. The Stubs A-List service will cost $19.95 a month and give subscribers the ability to see up to three movies a week. MoviePass charges $9.95 a month and lets users see one new movie per day. AMC A-List will become available on Tuesday, June 26. AMC Theaters Chief Executive Adam Aron said in a statement that the service will be offered at “one simple, sustainable price.” Shares of MoviePass majority owner Helios & Matheson Analytics Inc. are down more than 25% in Wednesday trading after the company said it was seeking approval to do a reverse stock split. AMC shares are down 30% over the past 12 months, while the S&P 500 has gained 14%.

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