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Sight & Sound, AMT, Penn Cinema eye new relief plan to cope with COVID-19


Brandon Martin describes the past 10 months for himself, his employer and his industry in a single word – bleak.
Martin, director of operations for American Music Theatre, has seen the formerly thriving business battered by crushing punches from COVID-19, the same as many similar venues have suffered.
With the theater temporarily closed to help fight the spread of the virus, nearly all of AMT’s 40 full-time employees have been laid off, except a handful in the box office who are working part time to answer inquiries from customers.
Not only is no revenue coming in, $1.2 million in ticket refunds have gone out so far. Meanwhile, the costs associated with its 1,600-seat facility on Lincoln Highway East – insurance, real estate taxes, maintenance – continue unabated. ....

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Who's getting help from Recovery Lancaster to cope with COVID-19's 'devastation'?


Before the pandemic hit, the companies were in sound fiscal shape with “really good balance sheets,” meaning an ample surplus of assets over liabilities. When the pandemic roared in, the companies “cut expenses dramatically” and took advantage of local, state and federal relief programs, he said.
Without the relief programs, Hosler said, “I’m not sure how we’d be looking at all these applicants as still viable businesses. That’s what really has helped bridge the gap to this point.”
But what about surviving beyond this point, with proposals for additional federal relief programs in limbo in Congress and the timetable for widespread vaccine distribution yet to be determined? ....

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