Gary Kusin, co-founder of what we now know as video-game centered retailer GameStop weighs in on his thoughts on the unprecedented situation involving GME stock soaring to over 1,500% in less than two weeks.
Users on the forum site Reddit have figured out how to manipulate the stock market to help their favorite failing retail businesses like GameStop and AMC Entertainment.
There’s still hope for independently owned movie theaters with a proposed $15 billion to be allocated to those hit the hardest in the entertainment industry as part of the most recent COVID-19 relief package.
Amid the coronavirus pandemic, family-friendly pizza and arcade chain Chuck E. Cheese submitted to the financial strain and filed for Chapter 11 bankruptcy on Thursday.
The mayors of New York City and Los Angeles, the entertainment capitals of the United States, have ordered cinemas and other areas of social gathering such as bars and clubs to be temporarily closed due to the COVID-19 pandemic.