Friday, November 13, 2020

Movie theaters need bailout ASAP

“...We’re pushing for a $15 billion grant program for businesses that have had a substantial hit because of the crisis. These include stages, concert halls, movie theaters. Under the legislation, if you were in business and doing well in 2019 and then got shut down and hammered in 2020, you can get grants of just under half of what your earned revenues were in 2019. That would be the bridge that provides enough liquidity to keep these companies alive until we get to the other side of this thing.”

Not much more for me to add. This interview covers it all.

Thoughts?

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