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Movie theaters request bailout from Congress due to virus

Posted at 7:48 PM, Mar 18, 2020
and last updated 2020-03-18 19:48:11-04

NEW YORK — Faced with a lengthy shutdown due the coronavirus pandemic, movie theaters are requesting relief from the U.S. government.

The National Assocation of Theater Owners, the trade group that represents most of the industry's cinemas, said Wednesday that it's asking for immediate relief measures for its chains and its 150,000 employees.

The theaters are requesting loan guarantees for exhibitors, tax benefits for employees and funds to compensate for lost ticket sales and concessions.

NATO said the movie theater industry is “uniquely vulnerable” to the crisis.