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AMC Entertainment Holdings is not worth owning at any price, barring a drastic change to its business model. Given poor fundamentals and a mountain of debt (221% of market cap), we don’t see how equity investors will have a claim to any future profits, especially given the headwinds facing the movie theater industry.Who is AMC owned by?
AMC is an American pay television channel that is owned by it namesake AMC Networks. The channel's programming, similar to that of FXM, primarily consists of theatrically released films, along with a limited amount of original programming.