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Theater Stocks Plunge After Warner Bros. Sends 2021 Films to HBO Max

It’s a bad day to be a movie theater. Warner Bros.’ announcement on Thursday that it will release its entire 2021 movie slate on HBO Max at the same time the films open in cinemas sent exhibition industry stocks tumbling. Cinemark fell more than 21%, Imax slid more than 7.3% and the Marcus Corporation fell […]

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